Shale
News
May 16, 2017
A natural gas basin that helped kickstart the shale boom a decade ago is getting a new lease on life as the market recovers.
News
May 16, 2017
Kalnin Ventures LLC today announced it has signed a Purchase and Sale Agreement (PSA) on its fourth acquisition of a non-operating portfolio in the northeast portion of the Marcellus shale, on behalf of its BKV Fund and investor Banpu Pcl.
News
May 16, 2017
BHP Billiton Ltd. is considering further sales of its U.S. shale gas assets as it fends off the second round of attack from activist hedge fund Elliott Management Corp. over the future of the energy business within the world’s biggest mining company.
News
May 12, 2017
Oil bulls, take heart! U.S. drillers have dramatically reduced their hedging activity, a move that could portend a break in the production gains that have upended global crude prices.
News
May 12, 2017
Wintershall has launched its second operated shale oil pilot project in Argentina (100% working interest). The company has spud the first of three horizontal pilot wells in the Bandurria Norte block, which is located in the western Argentinean province of Neuquén.
News
May 12, 2017
In January, Khalid Al-Falih, the Saudi oil minister was exultant. The output cuts he’d arranged with fellow OPEC states and Russia were working so well, he said, they could probably be phased out by June.
News
May 10, 2017
U.S. shale explorers are boosting drilling budgets 10 times faster than the rest of the world to harvest fields that register fat profits even with the recent drop in oil prices.
News
May 09, 2017
U.S. crude production forecasts keep growing.
News
May 09, 2017
Production from the seven most advanced developments in the Vaca Muerta play (covering only 8% of play acreage), is expected to increase by 43% in 2017 to 77,000 boed, and to double 2016 levels by 2018 to 113,000 boed, according to the new Vaca Muerta Development Study by Wood Mackenzie.
News
May 05, 2017
Oil hovered around $46/bbl in New York, back to levels last seen before the OPEC deal, as the shale revival appears to be making the group’s cuts ineffective.
News
May 05, 2017
Shale drillers on Thursday paid the price for pouring more and more oil onto global markets.
News
May 05, 2017
Origin Energy Limited has announced it had increased to 70% its share in the Beetaloo JV, after acquiring Sasol Petroleum Australia Limited’s 35% share.
News
May 02, 2017
Elliott Management Corp. is meeting with BHP Billiton Ltd. shareholders in Australia as the activist investor urges BHP to overhaul its businesses, a person familiar with the matter said.
News
May 01, 2017
The relentless drilling ramp-up in America’s top shale plays is making investors more skeptical that an oil price rebound is on the horizon.
News
April 27, 2017
Total SA will spend $500 million over three to four years to develop a shale-gas field in Argentina as the country’s government lures investors by pledging a minimum price.
News
April 25, 2017
According to Energy Security Analysis’ North America Watch, production of crude oil from the Permian basin will continue to outpace pipeline capacity in the region.
News
April 25, 2017
Argentina’s Vaca Muerta, one of the largest shale formations outside of North America, offers tons of promise for the country’s energy future. Just don’t hold your breath waiting for it.
News
April 18, 2017
The oil boom in the Permian basin, America’s most prolific crude play, has become a gas boom.
News
April 18, 2017
Citigroup predicts oil will probably rally to the mid-$60s by the end of the year.
News
April 17, 2017
Crude declined below $53/bbl as the ramp-up of shale drilling spurred speculation that surging American output will offset OPEC-led efforts to cut a global supply surplus.
News
April 14, 2017
Schlumberger President of Operations, Patrick Schorn, and YPF Chairman, Miguel Ángel Gutiérrez, have signed an agreement to start a shale oil pilot project in Bandurria Sur Block in Vaca Muerta, Neuquén.
