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.

November 12, 2019

Public Capital , Earnings , Unconventional

US Frack Sand Suppliers Become Latest Casualties In Shale Slump

Companies that fracture wells are cutting workers and idling equipment.

November 11, 2019

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.

November 11, 2019

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.

November 8, 2019

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.

November 7, 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.

November 7, 2019

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.

November 7, 2019

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.

November 6, 2019

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.

November 5, 2019

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.

November 5, 2019