The Latest

Investment, Construction, Pipelines

Venture Global Announces Financial Close For Calcasieu Pass LNG

The lender group for Venture Global's $5.8 billion construction financing includes the world's leading Asian, European and North American project finance banks, the company said.

August 20, 2019

Crude Oil, Pipelines

US Crude Export Window Slams Shut As New Pipelines Start

The spread between Brent and WTI has narrowed, making US oil less attractive.

August 20, 2019

Completions, Pressure Pumping

Certarus Enters Permian Flare Gas Capture Agreement With Supermajor

Certarus Ltd. has entered into a flare gas capture and compressed natural gas supply agreement on Aug. 19 with a multinational American energy supermajor to service its electric hydraulic fracturing operations in the Delaware and Midland basins.

August 20, 2019

Field Development, Drilling

Measuring The Impact Of Well Spacing With Novel Geospatial Technique

A key factor in the economic development of unconventional resources is determining optimal well spacing. As development of unconventional play progresses, wells naturally become spaced closer together.

August 20, 2019

Lease Sales

Marketed: Clearly Petroleum Bakken Shale Nonop Package

Clearly Petroleum retained EnergyNet for the sale of a Bakken Shale well package plus leasehold acreage in North Dakota through an auction closing Sept. 4.

August 20, 2019

Public Capital, Exploration & Production, Shale Plays, Acquisitions & Divestitures

Earthstone Energy CEO Actively Looking To Be Permian Consolidator

Earthstone Energy CEO Frank Lodzinski urged attendees of a recent industry luncheon in downtown Houston to “bring us deals” as the company looks to continue its growth story.

August 20, 2019

Drilling

Weatherford’s Well Construction President Talks New Sidetrack System

The AlphaST single-trip, open-hole cementing and sidetrack system is a true one-trip system.

August 19, 2019

Natural Gas, Gathering & Processing, Pipelines

Elevate Midstream Enters Gas Gathering Agreement With Sabine

The agreement between Elevate Midstream and Sabine Oil and Gas increases gas gathering and processing capabilities in the Carthage area within the Haynesville Shale.

August 19, 2019

Exploration & Production, Liquefied Natural Gas (LNG), Pipelines

Shale Gas Producers Help Fuel US LNG Exports Rise To Top

Together, the Appalachia and Permian basins are expected to supply about 53% of the North American gas market by 2030, according to McKinsey and Co.

August 19, 2019

Logistics

Crusoe Reduces Natural Gas Flaring Using North Dakota, Wyoming, Colorado Data Centers

Across its existing projects, Crusoe has already eliminated more than 25 million cubic feet (MMcf) of natural gas flaring, significantly reducing air emissions for local communities as well as regulatory challenges faced by oil and gas companies.

August 19, 2019