Shale
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.
News
April 14, 2017
Wall Street banks’ growing optimism about the energy industry is the latest boost for U.S. oil and natural gas producers already enjoying higher prices.
News
April 13, 2017
The Bossier and Haynesville Formations of the onshore and U.S. waters portion of the U.S. Gulf Coast contain estimated means of 4 billion bbl of oil, 304.4 Tcfg, and 1.9 billion bbl of natural gas liquids, according to updated assessments by the U.S. Geological Survey.
News
April 12, 2017
OPEC said oil inventories shrank in developed nations as its production cuts took effect, yet forecast that rivals in the U.S. shale industry are growing stronger.
News
April 11, 2017
OriginClear Inc. has announced it is entering into a partnership with a regional organization in the Chinese province of Shandong for remediation of a shale gas site operated by the government-owned Sinopec Group, Asia's largest oil and gas company.
News
April 11, 2017
Packers Plus Energy Services Inc. has announced the ongoing success of cemented hybrid completions in Canada, using TREX Cemented Diffusor Sleeves and Hydraulic Toe Sleeves in combination with other completion methods.
News
April 11, 2017
Natural gas drillers in America’s biggest shale play are getting more bang for their buck than ever before.
News
April 10, 2017
The domestic oil and natural gas industry spent an estimated $122.8 billion in drilling approximately 28,809 oil and natural gas wells in 2015, according to API’s 2015 Joint Association Survey on Drilling Costs.
News
April 06, 2017
Rystad Energy research shows a massive workforce reduction in the oilfield service industry during 2014 to 2016, but service companies within the shale business are now starting to recruit again and are expected to do so in offshore later this year.
News
April 04, 2017
OPEC isn’t the only decades-old energy hegemony being turned on its head by U.S. shale.
News
March 29, 2017
Working with fresh technology that lets producers drill longer wells than ever before, companies such as Pioneer Natural Resources Co., Parsley Energy Inc. and Double Eagle Energy Permian LLC are increasingly haggling with other producers for slivers of land that allow them to extend the reach of their drilling with hardly any acquisition costs.
News
March 29, 2017
The oil market is risking a supply crunch as producers cut spending on major projects to focus on short-term low-cost shale output in the U.S., some of the top crude and products traders said.
News
March 29, 2017
A surge in hedging contracts is helping U.S. shale drillers ride out the turmoil in global oil markets this year. Next year may not be so easy.
News
March 29, 2017
The newest oil refineries in Texas are looking to join the hottest two plays in the North American oil industry.
News
March 27, 2017
Newfield Exploration Company, in conjunction with the Company's participation in this week's Scotia Howard Weil Energy Conference, has provided an interim update on its recent enhanced completions in the Anadarko basin's STACK play and raised expectations for its first-quarter 2017 domestic production.
News
March 24, 2017
The heart of Europe’s gas market may finally get a helping hand from the American shale revolution as fuel is poised to cross the Atlantic to replenish depleted inventories after the coldest January in seven years.
News
March 23, 2017
Analysts following the $1.8 trillion-a-year oil market are tempering bullish price outlooks after the commodity lost about 10% of its value in less than two weeks amid ominous signs the worldwide supply glut may not be shrinking.
News
March 22, 2017
The latest published well production data from the Ohio Department of Natural Resources (ODNR) suggests that shale gas production in Ohio contracted by 180 MMcfgd during fourth-quarter 2016, with only 58 new wells turned in line.
News
March 22, 2017
The rally in global oil prices has stalled at the worst possible time for explorers, just as banks reassess credit lines crucial to their growth.
News
March 21, 2017
Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp., are jumping into American shale with gusto, planning to spend a combined $10 billion this year, up from next to nothing only a few years ago.
News
March 20, 2017
Madalena Energy Inc. has announced the commencement of the first horizontal multi-frac re-entry in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CASE).
