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.

February 7, 2020

Renewables , Shale Plays , Pressure Pumping

Oilfield Technology: Power Play

While barriers to entry are high, electricity is positioning to be the future of fracturing.

February 7, 2020

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.

February 6, 2020

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.

February 6, 2020

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.

February 6, 2020

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.

February 6, 2020

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.

February 5, 2020

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.

February 5, 2020

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.

February 5, 2020

Pipelines

Plains All American Oil Pipeline Volumes Gets Boost From Cactus II

Overall transport earnings were down, however, as long-haul movements declined.

February 5, 2020