Shale
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).
News
March 20, 2017
A year after Cheniere Energy Inc.’s Louisiana terminal shipped the first exports of U.S. natural gas from shale, cargoes from the facility are fetching higher prices than ever.
News
March 13, 2017
A drilling surge in America’s hottest oil play may prove to be a pitfall for natural gas bulls.
News
March 13, 2017
SM Energy Company has announced that it closed the previously announced sale of its third-party operated assets in the Eagle Ford, including ownership interest in midstream assets, for $800 million gross or $754 million net cash proceeds adjusted for post-effective date revenue and expenses, before final customary purchase price adjustments.
News
March 10, 2017
Highlands Natural Resources announced that it has executed an expanded agreement with Renegade Oil & Gas Co.
News
March 09, 2017
Chevron plans to capitalize on its Permian basin position of 2 million acres by growing production in the region 25% to 35% through the end of the decade, said Chevron Chairman and CEO John Watson during remarks delivered Wednesday at the 2017 CERAWeek conference in Houston.
News
March 09, 2017
A pioneer of the U.S. shale revolution wants to take fracing to America’s final frontier. Success could help revive Alaska’s flagging oil fortunes.
News
March 08, 2017
Lessons learned from the shale revolution, combined with excellent geology, will allow Permian basin operations to grow and maintain profitability at a mere $40/bbl, according to two of the region’s top operators—Occidental Petroleum and Pioneer Natural Resources.
News
March 08, 2017
A cargo of chilled natural gas hauled from Louisiana in late December has become a symbol of how global trade is changing for a fuel increasingly seen as a cheap, cleaner-burning option for countries from Latin America to China and India.
News
March 07, 2017
The upstream technology breakthroughs that led to the U.S. shale revolution have, in turn, enabled a new downstream manufacturing renaissance, said Exxon Mobil CEO Darren Woods at the IHS CERAWeek event on Monday in Houston.
News
March 07, 2017
Five years ago, the thought of $55/bbl oil would have given Piotr Galitzine heartburn. Now it’s keeping one of his steel-pipe shops in Houston open 24/7 and fueling a flurry of orders.
News
March 07, 2017
For the last two years, they’ve been locked in a battle for supremacy of the oil market.
News
March 03, 2017
When the who’s who of the oil industry met a year ago in Houston, Saudi Arabia’s energy minister had harsh words for U.S. shale drillers struggling with the worst price crash in a generation.
News
March 02, 2017
Sanchez Energy Corporation has announced the closing of the previously announced acquisition of working interests in approximately 318,000 gross operated acres in the Western Eagle Ford from Anadarko Petroleum Corporation through a 50/50 partnership involving wholly-owned subsidiaries of the Company and with Blackstone Energy Partners.
News
March 01, 2017
Exxon Mobil Corp. is trading in long-term projects that pump oil over decades for U.S. shale drilling that can be switched on or off as crude prices change.
News
February 28, 2017
Since 2013, the average wellhead break-even price (BEP) for key shale plays has decreased from $80/bbl to $35/bbl. This represents a decrease of over 55%, on average.
News
February 28, 2017
OPEC’s Nov. 30 output agreement to cut production by 1.2 MMbpd may have put a floor under the oil price, but has also awakened U.S. shale.
News
February 24, 2017
Shell Argentina Country Chairman Teófilo Lacroze and YPF Chairman Miguel Ángel Gutiérrez have signed preliminary terms and conditions of an agreement to develop a shale gas pilot project in Vaca Muerta, Neuquén. Shell estimates an investment of $300 million, which would take place in two phases.
News
February 23, 2017
VAM USA announces the opening of a new VAM field service office located at 2456 IH-20 in Odessa, TX bringing the number of service locations in Texas to three.
News
February 22, 2017
Billionaire real-estate investor Sam Zell is joining Continental Resources Inc.’s Harold Hamm in the growing list of enthusiasts of Oklahoma’s STACK shale formation.
News
February 16, 2017
Colorado Petroleum Council Executive Director Tracee Bentley strongly slammed a report released today by the University Of Colorado School Of Public Health.
