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Opinion: Why Extinction Rebellion Is Wrong About BlackRock
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MarketsSee More
Frac Spread: Prices Falling And They’re Not Done
Natural gas, ethane and propane struggle with too much output and more to come.
IEA: Oil Stocks, Non-OPEC Output To Buffer Market From Shocks
The risk has receded for now, the agency said.
OPEC Expects Lower Demand For Its Oil As US Hits New Milestone
OPEC expects lower demand for its crude oil in 2020 as rival producers grab market share and the U.S. looks set for another output record.
China’s 2019 Annual Crude Imports Set Record For 17th Year
Imports averaged 10.12 million bbl/d, an increase of 882,000 bbl/d.
BusinessSee More
Schlumberger Tops Estimates On Higher International Drilling Activity
Schlumberger outlined an aggressive cost-cutting plan for its North American operations as the world's largest oilfield service firm contends with sharp declines in U.S. shale activity.
Big Three Oilfield Service Firms Start Year With Asset Sales
Schlumberger, Halliburton and Baker Hughes reportedly kicked off the new year by putting units up for sale, as the three largest names in oilfield services adjust to falling demand.
Bakken Nonop Northern Oil And Gas Buys Back Debt
Northern Oil and Gas, an E&P with a nonop position in the core of the Williston Basin Bakken and Three Forks play, said the agreement was with an institutional holder of its 2023 notes.
Enerplus Taps Wade Hutchings From Devon Energy For COO Role
Wade Hutchings’ appointment as COO is in conjunction with the retirement of Ray Daniels, who has had a decades-long career in energy including 12 years at Enerplus.
TechnologySee More
Shale Solutions: Driving Drilling Performance To Lower Operating Costs
New-generation downhole motor delivers increased horsepower, torque and durability to drill the curve and lateral in one run and drill extended-lateral sections.
Crestone Peak Enters Air Quality Monitoring Partnership For Colorado Well Sites
Crestone Peak Resources revealed on Jan. 16 an innovative partnership for a large-scale test of real-time continuous air quality monitoring at its oil and natural gas production sites in Colorado.
DNV GL Publishes New Standard To Reduce Risk During Horizontal Drilling
A new standard for site investigation, engineering, planning and execution of pipeline installation through horizontal directional drilling (HDD), has been published by DNV GL, the technical advisor to the oil and gas industry said on Jan 15.
STEP Energy Services Completes Inaugural Coiled Tubing Job In North Dakota
STEP Energy Services (STEP) performed its first coiled tubing job in North Dakota earlier this month for an independent oil producer in the area, the company said on Jan. 16.
Exploration & ProductionSee More
Pace Picks Up Offshore For High-Impact, Frontier Drilling
The 27 high-impact discoveries made by wells drilled last year collectively pushed discovered commercial volumes to a level not seen since 2015, report shows.
From E&P Executive Editor: The Million-Barrel Question
Can U.S. shale hit the gas on its crude oil production at a moment’s notice?
Diamondback Energy Ends 2019 Strong After Frac Hit Issue Eases
Diamondback Energy reported a rebound in oil production after frac hits impacted the Permian Basin operator’s results in third-quarter 2019.
Apache, Total Make Significant Oil Discovery Offshore Suriname
Results from the Maka Central discovery prove “significant potential” for the entire 1.4 million acres that comprise Block 58 offshore Suriname, says Apache CEO John Christmann.
TransactionsSee More
Lime Rock Executive Q&A: A Time To Pause, A Time To Buy
To everything there is a season, and while others might find this a time to scatter stones, this disciplined and prepared E&P is busy gathering them. The principals of Lime Rock Resources talk strategy, A&D and practiced patience.
Marketed: Merit Energy Powder River Basin Waterflood Asset
Merit Energy retained Detring Energy Advisors to market for sale its 100% operated producing properties, leasehold and related assets located in Campbell and Crook counties, Wyo., with bids due Feb. 26.
Marketed: Marathon Oil Horizontal Oklahoma Well For Sale
Marathon Oil retained Energy Advisors Group for the sale of one recently completed horizontal Marchand well located on trend with Southern Oklahoma Hoxbar Oil Trend (SOHOT) in Caddo County, Okla.
Marketed: Midland, Delaware Basin Mineral Properties
Munich Minerals and Royalty and Majestic Minerals and Royalty retained RedOaks Energy Advisors for the sale of mineral properties located in the Midland and Delaware basins within the Permian.
Policy & RegulationsSee More
Opinion: Why Extinction Rebellion Is Wrong About BlackRock
Would you rather global societal breakdown occurred by climate change or mass energy poverty? Or none of the above?
Opinion: What Happens If China Does Buy $52 Billion Of US Crude, Coal, LNG?
The terms of the trade deal imply an absolutely massive increase in Chinese imports of U.S. energy, and if this actually comes to pass, it will have serious disruptive effects across global markets.
US Energy Exports To Climb As China Pledges Ramp-Up In Purchases
Quantities were not specified in the accord and analysts were unclear how quota sales will work.
States Oppose Trump Proposal To Ship LNG By Rail, Citing Safety Risk
Attorneys general urge PHMSA to withdraw the proposal pending safety studies.
MidstreamSee More
Interview: NACE Leads In Ongoing War Against Pipeline Corrosion
D. Terry Greenfield, 2019-2020 president of NACE International, discusses the challenges faced in the battle against corrosion and his priorities, as oil and gas are not the only assets affected.
Tallgrass Lays Out Succession Plan For Outgoing CFO Gary Brauchle
Tallgrass Energy, which agreed to a sweetened take-private offer from a Blackstone-led group last month, said the resignation of Gary Brauchle as CFO is not the result of any disagreement with the company.
TC Energy To Resume Keystone XL Pipeline Work In February
TC Energy said in a filing it would start mobilizing heavy construction equipment in order to begin building a 1.2-mile (1.93 km) segment of the Keystone XL pipeline spanning the U.S.-Canada border.
Fourth Unit At Kinder Morgan’s Elba LNG Plant Ready For Service
Facility will be ready by Jan. 16, says filing with FERC.
