Attractive sweet-spot margins help ease pain of low prices
New editions of API’s hydraulic fracturing standards provide the latest technical direction for operators working to continuously improve well integrity, groundwater protection, and environmental safety.
The high-growth business models of the U.S. Independents are being tested by low oil prices and tougher access to capital.
Oil has been surging this week but Goldman Sachs is calling for gains to be short-lived.
Five years ago, energy companies hungry for the next big thing started planning as many as 90 terminals to send natural gas around the globe.
U.S. Silica Holdings has announced the delivery of a record-breaking 150-car unit train carrying over 16,500 tons of U.S. Silica White frac sand from Ottawa, IL to a transload facility serving the Permian basin.
The Monterey formation in the deepest parts of California’s San Joaquin basin contains estimated mean volumes of 21 MMbbl of oil, 27 Bcf of gas and 1 MMbbl of NGL, according to the first USGS assessment of unconventional, technically recoverable resources in the Monterey formation.
Encana Corp. wants to ensure the shale-oil boom keeps booming. The Canadian producer is among a growing number of companies that are restricting initial output—a process known as choking back—in basins from North Dakota to Texas.
The U.S. became a net oil exporter to Mexico for the first time in more than 20 years as output from shale fields pushed the world’s biggest consumer toward energy independence.
Somewhere amid the maze of wells that Murphy Oil Corp. has scattered across Texas’s sprawling Eagle Ford shale formation, Brett Pennington is carrying out a little experiment.
Decreases in the cost to drill shale gas wells and continued investment into domestic production have allowed China to increase its development of shale gas.
MicroSeismic announced Tuesday that field tests conducted this year for several key operators in North America have successfully calculated reservoir drainage volume and provided early estimates of production, enabled by the newest developments in MicroSeismic’s PermIndex workflow.
HOUSTON -- Baker Hughes announced the commercial release of its SPECTRE frac plug, the first in the industry to completely disintegrate downhole after fracturing, at ATCE 2015 on Monday.
The United States' natural gas demand is currently growing at the fastest pace since the early 1970s, and demand growth has now supplanted supply growth as the cornerstone for the outlook of the U.S. natural gas industry over the next five years, according to a new CoBank research report.
Enterprise Products Partners has started service on its Rancho II pipeline between Sealy, Texas, and the partnership’s ECHO terminal in southeast Houston. The 88-mile, 36-in. diameter pipeline will transport various grades of crude oil, condensate and processed condensate from the Permian basin and the Eagle Ford shale.
Alta Mesa Holdings has entered into an agreement to sell its subsidiary, Alta Mesa Eagle, which owns certain oil and gas producing properties in the Eagle Ford shale area and other assets, to EnerVest and its affiliates, for a total price of $125 million.
Speculators cut bearish bets on natural gas to a six-month low after late-breaking summer heat stoked demand for the power-plant fuel and as shale supplies start to slide.
Exxon Mobil Corp. is adjusting the way it structures shale acquisitions as the global energy giant expands in West Texas, the largest U.S. oil-producing region.
As much as 400,000 bpd of oil production is at risk as U.S. shale companies like Samson Resources Co. run out of money and are forced to slow drilling.
OPEC is assuming the oil price will rise gradually to $80/bbl in 2020 as supply growth outside the group weakens, a slower recovery than several member nations have said they need.