While OPEC’s fight to snatch market share from rival oil producers might look like a costly failure as prices languish below $50/bbl, an entirely different picture could emerge next year.
Natural gas production across all major shale regions in EIA's Drilling Productivity Report (DPR) is projected to decrease for the first time in September. Production from these seven shale regions reached a high in May at 45.6 Bcfd and is expected to decline to 44.9 Bcfd in September.
Despite the slowdown, production growth in the Eagle Ford remains resilient as sweet spots emerge across all active sub-plays according to Wood Mackenzie's North America Key play analysis.
Investors sent a surprising message to U.S. shale producers as crude fell almost 20% in August: keep calm and drill on.
Encana Oil & Gas (USA) Inc. has reached an agreement to sell its Haynesville natural gas assets, in northern Louisiana, to GEP Haynesville, LLC.
Oil and gas producers dropped to their lowest level in almost four years as collapsing markets in China heightened concern that demand will falter, aggravating a glut.
French energy giant Total has been left disappointed by a shale exploration well in Denmark.
U.S. shale gas explorer Aubrey McClendon is negotiating a $100 million acquisition of Australian drilling rights in a move that marks the former Chesapeake Energy Corp. chief’s first move overseas.
Eight years ago, a group of companies led by Kinder Morgan Energy Partners began building a $6.8 billion pipeline to carry natural gas from America’s Rocky Mountains to fuel-hungry markets in the East.
Japan Oil, Gas and Metals National Corporation and INPEX Corporation have started a joint study on technology relating to shale gas development in the Horn River, Liard and Cordova areas in the province of British Columbia, Canada, with INPEX Gas British Columbia and Nexen Energy ULC.
For an idea of how the U.S. government’s proposed methane rules will affect drillers, look no further than Colorado.
The Obama administration has proposed the first federal rules to cut methane emissions from oil and gas production. The proposed rules from the EPA target oil wells, compressors and other equipment as part of an effort to reduce leaks of methane by as much as 45% by 2025.
MarkWest Energy Partners and The Energy & Minerals Group (EMG) are to develop a new, large-scale dry gas gathering system to strategically expand the parties’ position in the Utica shale.
Global LNG capacity would more than double from 341 mtpa in 2015 to 811 mtpa by 2019 based on proposed natural gas liquefaction projects, according to research and consulting firm GlobalData.
Pennsylvania's Department of Environmental Protection (DEP) has announced the draft final revisions to the Environmental Protection Performance Standards at Oil and Gas Well Sites rulemaking (Chapters 78 and 78a).
Shale gas planning applications in the UK will be fast-tracked through a new, dedicated planning process, under measures announced Thursday.
Packers Plus and a subsidiary of Acacia Research Corporation have announced their collaboration on the licensing of a set of fundamental patents related to multi-zonal completion of horizontal wells, including ball-drop, sliding sleeve and packer technology for use in the hydraulic fracturing of both tight and conventional oil and gas reservoirs.
The lowest crude prices since 2009 might still not be enough to end the U.S. energy renaissance.
The shale fields that propelled the U.S. energy boom are expected to take another step back next month as producers reduce costs in the midst of a bear market.
A new line of basic emulsifiers from Georgia-Pacific Chemicals provides an economic alternative to high-performance emulsifiers for the oilfield industry.