Unconventional , Markets , Shale Plays

How the Russia-Ukraine Conflict Has Altered US Shale

Here’s a look at how the U.S. shale market has changed a month after the Russia-Ukraine conflict began including private operators ramping up horizontal drilling to near-record levels.

March 28, 2022

Unconventional , Crude Oil , Shale Plays

Opinion: Is Oil Price Volatility Increasing in the Long Run?

RED President Steve Hendrickson examines oil price volatility in a historical context and whether U.S. shale producers should act as a “shock absorber” for oil supply.

March 25, 2022

Unconventional , Shale Plays

US Shale Growth in Sight But Not Without Obstacles

Rising costs, supply chain woes and inflation challenges grow amid drive to boost U.S. shale production, analysts say.

March 24, 2022

Public Capital , Unconventional , Shale Plays

Hess to Give ‘Strong Consideration’ to Fourth Bakken Rig

Hess also opted to pay roughly $325 million to remove Brent $105 call options and WTI $100 call options in a bid to profit off a steep rise in oil prices, CEO John Hess said at the Scotia Howard Weil Energy Conference.

March 23, 2022

Unconventional , Shale Plays , Acquisitions & Divestitures

Quick Take: Potential Sale of Exxon Mobil’s Bakken Assets

Exxon Mobil continues to pursue opportunities to divest, and the oil and gas supermajor’s Bakken assets could be worth $5 billion.

March 22, 2022

Unconventional , Shale Plays , Drilling , Well Stimulation

E&P Tech Spotlight: Getting Clear Visuals for Well Reservoirs

Schlumberger’s reservoir mapping-while-drilling services can be used to give operators clearer visuals into their wells and the challenges that befall them.

March 21, 2022

Unconventional , Shale Plays

Argentina Oil Output Hits 11-year High, Driven by Shale

Production in Argentina’s huge Vaca Muerta Shale formation led the increase, with unconventional oil output rising 55% and making up 39% of the total, or 222,000 bbl/d.

March 21, 2022

Unconventional , Health, Safety & Environment , Shale Plays

Colorado Oil Regulator Rejects Occidental’s Plan to Drill Near Homes

the Colorado Oil and Gas Conservation Commission voted 4-1 to reject Occidental Petroleum’s proposed plan to drill new oil and gas wells in Firestone, Colorado.

March 13, 2022

Public Capital , Unconventional , Shale Plays

Pioneer, ConocoPhillips, Chesapeake Execs Eye Single-digit Growth in US Shale

“We’re not going to chase growth like we all did over the last 10 years. We’re going to limit our growth to 5% long-term,” Pioneer Natural Resources CEO Scott Sheffield said during a CERAWeek panel focused on U.S. shale.

March 10, 2022

Unconventional , Shale Plays

Occidental, ConocoPhillips CEOs Talk Shale Growth as Challenges Mount

The U.S. shale industry is challenged to overcome supply chain woes as the energy crisis and years of weak oil and gas investment call for action to meet today’s rising energy demand.

March 9, 2022