The Dresser-Rand business, part of Siemens Power and Gas, has commissioned its first small-scale natural gas liquefaction system at the Ten Man liquefied natural gas (LNG) facility near Mansfield, Pa.
Oil fell in New York, reversing earlier gains, after the head of the International Energy Agency (IEA) predicted a rebound in U.S. supply.
Top oil industry officials in Davos aren’t turning completely bullish just yet. Capping their enthusiasm is U.S. shale oil, which is likely to limit price increases and usher in a period of greater volatility.
Owen Oil Tools, a division of Core Laboratories, recently launched its HERO PerFRAC line of shaped charges.
Noble Energy is to acquire all of the outstanding common stock of Clayton Williams Energy for $2.7 billion in a stock and cash deal.
U.S. shale is getting in the way of a New Year’s resolution by OPEC to cut production and boost the market.
Anadarko Petroleum has agreed to sell its Eagle Ford shale assets in South Texas for approximately $2.3 billion to Sanchez Energy Corporation and Blackstone Group LP.
Dragon Products is expanding its frac equipment rebuilding efforts to help oil production companies meet new market demand.
Recognizing that fracturing operations often influence the production of parent wells, STEP Energy Services (STEP) recently collaborated with a Montney producer to reduce offset well communication by using its far-field diverter technology, STEP-PLEX.
Pampa Energia SA wants to become one of Argentina’s main producers of tight gas following its acquisition of Petrobras Argentina SA, because those prospects are currently more profitable than shale gas in the giant Vaca Muerta formation.
Comstock Resources has entered into a joint development venture that will target the Haynesville shale.
After years of calling for it privately, Barnes Hauptfuhrer decided that early 2017 was finally time to go public with his desire to see a makeover of America’s hottest natural gas play.
Williams Cos. CEO Alan Armstrong has something everybody wants, and he knows it. “It’s a gold mine,” he says. “It’s irreplaceable.”
SM Energy Company has entered into a definitive agreement with a subsidiary of Venado Oil and Gas, an affiliate of KKR, for the sale of the company's third-party operated assets in the Eagle Ford, including its ownership interest in related midstream assets, for a purchase price of $800 million.
BJ Services has re-emerged as North America’s largest pure-play oilfield pressure pumping company.
U.S. natural gas prices are on track to cap their biggest fourth-quarter rally in 16 years, turning the fuel into the best-performing commodity of the year.
Shale oil companies are ready to play chicken with supply and demand again.
After pulling off the biggest oil-market deal in a decade, OPEC faces a new balancing act in 2017: boosting prices without igniting shale.
Oil investors seem to have less reason to doubt that OPEC and other producers will make the cuts needed to balance the market.
Oil explorers added rigs for the eighth straight week, extending a ramp-up of activity in the U.S. shale patch as prices hover near $53/bbl.