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Business

Burnishing The Rockies’ Rep

Burnishing The Rockies' Rep

There’s more than one road in the Rockies. While E&Ps pursue exploration in Wyoming, their counterparts in Colorado are adjusting development programs to conform to local control legislation.

Company Profiles

Moda Drinks In Success From ‘Best Water’

Basra VLCC

The company’s CEO describes how its terminal in Ingleside, Texas, connects the Permian Basin to the largest crude oil carriers in the world.

Rig Counts

Hart Energy's Unconventional Activity Tracker

Unconventioal rig counts

Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.

Sponsored Content

IndustryVoice: Quick-Setting Cement Minimizes Wait Time In Delaware Basin, Saves $8,000 Per Well

nine energy

How the engineering team at Nine Energy Service solved the challenge of rising costs due to WOC with a new line of cement designed to consistently reach 500 psi in less than 8 hours.

Drilling

DUG East: Attacking The Perils Of Longer Laterals, Parent-Child Well Intervention

Tech Roundtable

Appalachia advancements by Halliburton, Schlumberger, Encino Energy and BHGE are setting a good precedent for drilling and completions across U.S. shales.

Investment

Saudi Aramco Eyes Global Gas Investment Opportunities

Riyadh

Saudi Aramco is exploring investment opportunities to invest in gas projects globally to meet soaring domestic consumption, according to Ahmad AlSa'adi, senior vice president of technical services.

Markets

DUG East: EIA Predictions, Money Talks (2019)

How do investors and private equity sources view the outlook of natural gas for E&P companies? Hear from managing directors with Stone Pier Capital Advisors and Cowen & Co.

What’s Affecting Gas Prices? (Week Of July 16, 2019)

Stratas Advisors assesses impact of Barry and expects a 68 Bcf build this week.

Oil Steadies As US Supply Concerns Ease

However, bears are watching Iranian actions carefully as tensions loom.

What’s Affecting Oil Prices This Week (July 15, 2019)?

 For the week ahead we expect moderate gains to continue. Brent will likely average close to $67/bbl.

Business

Oil Service Firms Eye New Survival Tactics Amid Weak US Market

The last time supplies overwhelmed demand, oilfield service suppliers cut hundreds of thousands of jobs and top firms gushed red ink.

Gary Rich To Retire As Parker Drilling President, CEO

Parker Drilling Co. announced on July 15 that Gary Rich has decided to retire from his roles as president, CEO and director of Parker Drilling later this year.

Southern Gas Association Names Suzanne Ogle As CEO William Cantrell’s Successor

Southern Gas Association CEO William N. Cantrell is set to retire after a long history with the Dallas-based industry group, SGA says.

Equitrans Promotes COO Diana Charletta; Names New Chairman

Diana Charletta will retain her current position as COO but will now also serve as president of Equitrans, its general partner and publicly-traded subsidiary.

Technology

Sponsored Content

IndustryVoice: Alpine Silica - Providing The Finest Sand In-Basin

Here’s an in-basin sand provider servicing the Permian Basin with proppant solutions derived from West Texas sand deposits located near Kermit, Texas.

Fertile Ground

The next generation of energy innovators stands ready to tackle the next generation of energy challenges.

WoodMac, P2 Energy Solutions Partner To Deliver Data-Driven Insight To US Energy Sector

Wood Mackenzie, the global natural resources research consultancy, revealed on July 15 its partnership with P2 Energy Solutions to better analyze current and future well spacing.

KCA Deutag’s Wins Russian Drilling Deals Worth $168 Million

Global drilling and engineering contractor KCA Deutag’s land drilling operation has won three new contracts in Russia worth approximately $168 million on July 15.

Exploration & Production

Canacol Strikes Gas In Colombia As Production Rises

The country is among the areas seeing higher gas production but is pushing for more activity to lift reserves.

Leviathan Natural Gas Platform Starts Voyage To Israel

The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on July 14.

US Oil Rig Count Drops For Second Consecutive Week

U.S. energy firms this week reduced the number of oil rigs operating for a second week in a row as drillers follow through on plans to cut spending this year.

Best Of This Week’s Drilling Activity Highlights (July 12, 2019)

Cimarex Meramec wells, Marathon Three Forks discoveries plus ConocoPhillips Alaska drilling permits top this week’s drilling activity highlights from around the world.

Transactions

A&D Trends: Reeled In

Is a trend of more consolidation suggested by the recent Anadarko Petroleum and Covey Park Energy takeovers to come in the A&D market?

Marketed: Core Eagle Ford Shale Mineral Position

A private seller has retained TenOaks Energy Advisors for the sale of minerals in the core of the Eagle Ford Shale in South Texas through an offering closing Aug. 16.

On The Market Quicklist (Week Of July 17, 2019)

Here’s a quicklist of oil and gas assets on the market including a core Eagle Ford mineral position in Karnes, DeWitt and Gonzales counties in South Texas.

Marketed: Multiple Caddo Minerals Packages Throughout Permian Basin, Eagle Ford

Caddo Minerals retained EnergyNet for the sale of packages of Texas mineral and royalty interests across the Permian Basin and Eagle Ford Shale through multiple auctions.

Policy & Regulations

The Challenge of ESG Data Gathering

The data captured in an environmental, social and governance program (ESG) can be vast and voluminous.

Vineyard Wind To Request Superseding Order From Massachusetts Department Of Environmental Protection

Vineyard Wind said July 15 it will request a superseding order from the Massachusetts Department of Environmental Protection to overturn denial of the project’s application before the Edgartown Conservation Commission.

Turkey Says It Will Continue To Drill For Gas Offshore Cyprus

Move is designed to pressure Greek Cypriot government to accept a cooperation proposal by Turkish Cypriots.

US Oil Exports To Ukraine Deal Another Blow To Moscow

Political pressure and incidents of contaminated crude cut into Russia’s European dominance.

Midstream

Oil Tankers Risk Becoming ‘Stranded Asset’ In Climate Push

The world’s oil tankers risk losing almost a third of their value should a shift away from fossil fuels gain momentum in the coming decades, a new report has warned.

Solaris Water Midstream Launches New Mexico Recycling Operations

The facility includes a produced water treatment system, 1.8 million barrels of water storage for treated produced water and non-potable water and a 16-inch pipeline for redelivery to a final staging location for pickup.

Energy Transfer Launches Supplemental Open Season For Bakken Pipeline

The open season is to solicit additional shipper commitments for transportation service from the Bakken/Three Forks play in North Dakota to storage terminals located in Illinois and Texas.

Longhorn Launches Open Season For Northern Delaware Basin Gathering System

Longhorn Midstream also provides a business update on its Touchdown Crude Oil and Gas Gathering Systems located within the Permian Basin.