Permian
Seismic
TGS Begins 3D Seismic Acquisition Projects In Permian, Canada
TGS, a leading provider of multiclient geoscience data for E&P companies, said it has started the acquisition of the Plains 3-D seismic survey in the Northern Shelf area of the Midland Basin and Ravenclaw 3-D in the Edson area of Alberta, CA.
Renewables , Shale Plays , Pressure Pumping
Oilfield Technology: Power Play
While barriers to entry are high, electricity is positioning to be the future of fracturing.
Public Capital
Parsley Energy Prices $400 Million Debt Offering
Subsidiaries of Austin, Texas-based Parsley Energy commenced the offering of senior unsecured notes due 2028, which are priced at par, to eligible purchasers.
Technology
Sourcewater Launches DirtWork Alert Satellite Intelligence Service For Permian Basin
Sourcewater scans the entire Permian every 3 to 5 days to spot well pad construction that predicts new drilling months before permits or rigs.
Seismic
CGG, Fairfield Geotechnologies Team Up On Central Basin Platform Multiclient Program
The new wide-azimuth datasets will provide a better understanding of the structural complexity of the transition between the CBP and surrounding basins to enhance industry drilling efforts.
Public Capital , Unconventional , Shale Plays
Shell Boosts Permian Basin Production On US Shale Ramp-up
Shell and rival oil majors Exxon Mobil, Chevron and BP are spending billions in the Permian Basin of Texas and New Mexico.
Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures
SM Energy Reportedly Considers Eagle Ford Exit For $500 Million
Analysts consider the potential sale of SM Energy’s Eagle Ford Shale asset a positive as it would complete the company’s transformation into a Permian Basin pure-play.
Lease Sales
Marketed: Delaware, D-J, Powder River, Williston Basin Mineral Interest
Lincoln Energy Partners retained Eagle River Energy Advisors for the divestiture of mineral interests across the D-J, Powder River, Williston and the Permian's Delaware basins.
Exploration & Production , Liquefied Natural Gas (LNG) , Health, Safety & Environment , Shale Plays , Midstream
Flaring: Does New Mexico Oil Industry Light The Way Forward?
For those concerned about the impact of flaring, New Mexico—which includes the Permian, San Juan and Raton basins—is an example worth paying attention to, Edge LNG CEO says.
Pipelines
Plains All American Oil Pipeline Volumes Gets Boost From Cactus II
Overall transport earnings were down, however, as long-haul movements declined.