Unconventional

Unconventional

US Shale Oil Output To Rise To Record Level In September

The largest change is expected in the Permian Basin of Texas and New Mexico, where output is seen climbing 75,000 bbl/dd to 4.42 million bbl/d in September, also an all-time high.

August 12, 2019

Unconventional , Shale Plays

Analysts: Frac Sand Supply Reductions Needed To Balance Market

To balance the market, Westwood Global Energy Group believes between an estimated 30 to 50 million tons needs to be removed over the next 12 to 18 months.

August 12, 2019

Restructurings , Public Capital , Unconventional , Shale Plays

Sanchez Energy Files For Chapter 11 Bankruptcy Protection

The independent E&P focused on the Eagle Ford joins a growing list of companies filing bankruptcy.

August 12, 2019

Unconventional

CNPC Starts To Drill First Shale Oil Well In Sichuan

Sinopec and CNPC are speeding up drilling and exploration from major tight and shale oil and gas formations in western China to boost domestic output.

August 12, 2019

Unconventional , Shale Plays

Stratas Insights: Crisis In North America Shale

With second quarter results hitting the wires, a few key items are weighing on shalers: layoffs, reductions in capital spending and less than exciting well results.

August 9, 2019

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures

Pioneer Takes Aim At High-Grading Prized Permian Basin Position

Pioneer Natural Resources recently divested a small slice of its acreage position in the Midland Basin, which CEO Scott Sheffield said will be the lone survivor of the U.S. shale boom.

August 8, 2019

Unconventional , Technology , Drilling , Completions , Pressure Pumping , Well Stimulation , Trends

The Consolidation Conundrum

Will consolidation help stimulation firms overcome chronic oversupply?

August 8, 2019

Earnings , Unconventional

Diamondback Energy: ‘Converting Rock Into Cash Flow’

The company reported falling well costs in the Permian Basin as production increased.

August 7, 2019

Unconventional , Field Development , Policy & Regulations , Shale Plays , Pipelines

Texas RRC Sides With Shale Driller In Flaring Vote

Chairman opposes exemption and voices concern over the level of flaring in Texas.

August 6, 2019

Unconventional

Continental Resources To Drop Seven Rigs In Oklahoma Citing Efficiency Gains

The number of active U.S. rigs has fallen by 102 to 942 in the past year, according to Baker Hughes, a GE company. But shale production in July hit 8.52 million barrels per day, a year-over-year increase of about 16%, according to government data.

August 6, 2019