The Latest
Unconventional, Top IP Wells
Updated: Top 12 IP Wells in the Permian Basin
May 2020: High-volume Wolfcamp Completion by EOG: 11.44 Mbbl of Oil, 21.771 MMcf of Gas Per Day
Technology
Danos Wins Work in Delaware Basin
Located outside of Loving, New Mexico, project work began in March and is expected to be completed by the end of August 2020.
Company Profiles, Exploration & Production, Shale Plays
E&P Company Turnaround: Rough Riders
Locked up in an MLP bankruptcy for nearly two years, Maverick Natural Resources has new management and a business model aimed at the relentless pursuit of free cash flow.
Shale Plays, Pipelines
Phillips 66 to Raise Rates for Gray Oak Crude Pipeline in Texas
The Gray Oak pipeline is one of the biggest new pipelines connecting the Permian Basin, the nation's largest oil field, to the U.S. Gulf Coast.
Public Capital, Shale Plays
Diamondback Energy Prices $500 Million Debt Offering
Proceeds will be used to fund a cash tender offer that commenced May 18 for the purchase of notes Diamondback Energy acquired through its merger with Energen in 2018.
Exploration & Production, Shale Plays, Technology, Enhanced Oil Recovery
Shale Solutions: Biosurfactants—the Future of Cost-effective Flow Assurance
Customized green treatments are outperforming conventional treatments in sustainability and more effective oil recovery.
Investment, Markets, Natural Gas, Crude Oil, Gathering & Processing
Coronavirus Will Create New Opportunities in the Midstream Sector
East Daley analyst: One clear lesson is that energy cycles are a force for creation as well as destruction.
Midstream
Cameron LNG Begins Production at Train 3 of Liquefaction Facility
Sempra LNG, a subsidiary of Sempra Energy, said May 18 that Cameron LNG has begun producing LNG from the third and final liquefaction train of its Phase 1 liquefaction-export project in Hackberry, Louisiana.
Investment, Deepwater, Subsea
Gulf of Mexico: The Water’s Fine
Historic service cost lows and fewer barriers to entry could trigger investment back into the U.S. Gulf of Mexico … even at $30 oil.
Unconventional, Shale Plays
Oil Output from Major US Shale Plays to Hit Nearly Two-year Low
In June, oil output from shale is expected to drop in each of seven major shale regions, with the largest drop of about 87,000 bbl/d in the Permian Basin, the EIA says.