Unconventional
Unconventional , Water Management
Report: Drilling Boom Adds Stress To US Western Water Supplies
The average fracking job now consumes 13 million gallons (49 million liters) of water, up 40% in two years, according to a Reuters analysis of Permian producers’ data reported to FracFocus.org.
Public Capital , Earnings , Unconventional
US Frack Sand Suppliers Become Latest Casualties In Shale Slump
Companies that fracture wells are cutting workers and idling equipment.
Business , Unconventional , Shale Plays
XTO Energy: Room To Run In US Unconventionals
At the Executive Oil Conference, XTO Energy’s president, Staale Gjervik, touted efficiency and scale as key drivers in ambitious Permian Basin plans.
Unconventional , Reservoir Evaluation , Technology , Digital Oilfield , Artificial Lift , Seismic
ADIPEC To Feature Industry’s Latest Tech Developments
Along with technical sessions, conference panels and networking events, new technologies will be one of the major highlights of the show.
Earnings , Unconventional
EOG Resources Adds Two Zones In Permian’s Delaware Basin
The company also reported Nov. 6 that oil production grew 12% to 464,100 barrels per day during third-quarter 2019.
Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures
Equinor Sells Eagle Ford Asset In $325 Million Deal
Equinor entered the Eagle Ford asset at the height of the U.S. shale boom in 2010 through a 50/50 JV acquisition with Talisman Energy, now owned by Repsol.
Earnings , Unconventional , Shale Plays , Acquisitions & Divestitures
Marathon Oil Adds Eagle Ford Scale With $185 Million Bolt-On
Marathon Oil also unveiled a new Delaware Basin oil play with over 60,000 contiguous net acres in Ward and Winkler counties, Texas.
Unconventional , Shale Plays
Diamondback Steps Up Co-development In Permian Basin, Discusses Frac Hits
The company is better modeling production forecasts after oil output fell during the quarter as it co-develops zones in the Midland and Delaware sub-basins.
Earnings , Unconventional
Permian Producer Diamondback’s Adjusted Profit Dips 13%
Net income attributable to the company rose to $368 million, or $2.26 per share, in the three months ended Sept. 30, from $157 million, or $1.59 per share.
Unconventional , Shale Plays
Pioneer Sees ‘Success’ In Permian Basin’s Wolfcamp D Appraisal Program
Cumulative production has improved by 100% compared to wells drilled before 2017, the company said.