Shale
News
August 01, 2022
U.S. shale drillers are expected to post record second-quarter profits in coming days, reversing nearly a decade of debt-fueled losses.
News
July 29, 2022
Shale explorers are searching for oil at rates not seen since the early weeks of the pandemic as high crude prices incentivize drilling.
Whitepaper
E-Frac: Technologies and innovations that advance the upstream industry
July 28, 2022
GeoDynamics, Joliet Electric, MTU
News
July 21, 2022
The Biden administration’s plan to crack down on smog in the oil-rich Permian Basin threatens to curb crude production while gasoline prices are near record highs and energy scarcity grips the globe, the industry warned Thursday.
News
July 20, 2022
The world’s biggest provider of fracing services is banking on a “multi-year upcycle” outside of its North American base, according to a statement.
News
July 18, 2022
Mewbourne Oil Co., the largest private oil producer in the U.S., said it will remain in the hands of its controlling family after the recent death of its eponymous founder.
News
July 18, 2022
More U.S. shale producers should aim for net-zero emissions, while drillers that have already made climate pledges need to set more aggressive timelines to reach their goals, according to investor Kimmeridge Energy Management.
News
July 06, 2022
Frac sand, which gets blasted through shale rocks to unlock oil and natural gas, is averaging $55 a ton, up from $22 at the end of 2021. Demand is climbing as oil explorers turn the taps back on after Covid-driven cutbacks.
News
June 27, 2022
Energy Workforce & Technology Council's CEO said the EPA’s regulatory notice that it is considering designating parts of the Permian Basin as non-attainment zones which could trigger mandatory regulatory actions by the state of Texas would be detrimental to energy security.
News
June 24, 2022
The Biden administration is considering triggering tougher anti-smog requirements that could curb drilling across parts of the Permian Basin, the world’s biggest oil field that straddles Texas and New Mexico.
News
June 23, 2022
In an effort that has been underway for several years and is now set against a backdrop of triple-digit oil prices, oil and gas companies are continuing attempts to devise new methods of increasing production from existing unconventional wells.
News
June 17, 2022
Targa Resources Corp. has agreed to buy Permian natural gas processor Lucid Energy Delaware LLC from Riverstone Holdings LLC and Goldman Sachs Asset Management for $3.55 billion in cash.
News
June 10, 2022
Sabinal Energy, an oil producer backed by Kayne Anderson, is divvying up roughly 132,000 net acres in the Permian Basin for a sale of the company that could fetch more than $1 billion.
News
June 10, 2022
The owners of Laredo Energy VI LP, a gas driller focused in the Eagle Ford Shale in South Texas, are considering a sale of the company worth up to $1 billion, according to people with knowledge of the situation.
News
May 25, 2022
Even with crude above $100 a barrel, producers in the Permian and other U.S. shale basins are riding the brakes.
News
May 19, 2022
Centennial Resource Development Inc., a shale oil producer in the Permian Basin, agreed to acquire private equity-backed rival Colgate Energy in a cash-and-stock deal valued at about $2.5 billion.
News
May 18, 2022
The recovery of the shale patch workforce is still years in the making despite the frothy profits that rallying crude prices are generating for U.S. oil companies and their contractors.
News
May 11, 2022
Weekly U.S. crude oil production declined for the first time in three months, signaling that soaring costs across the oil fields may be preventing drillers from expanding output.
News
May 10, 2022
The number of original drilling permits issued by the Railroad Commission of Texas in April 2022 rose 29% to 946, compared to the year-ago figure of 732.
Webcast
Transform Your Frac Fluid Delivery System: Case Study on Significantly Increasing Effective Pumping Time per Day
June 09, 2022
Schlumberger
By introducing the ValveCommander automated control and advisory platform to zipper frac operations in the Bakken Shale in North Dakota, Enerplus Corporation increased effective pumping time per day by 20% across 42 wells. Not only does the ValveCommander platform from Cameron, a Schlumberger company, advance the efficiency of multiwell fracturing, but it also enhances numerous aspects of operational safety and sustainability. Join Terry Eichinger Vice-President, Drilling, Completions & Operations Support for Enerplus, and Joshua Frank, US Land Surface Productions Systems Business Manager for Schlumberger, as they take you through this real-life success story.
News
May 05, 2022
Inflation in the oil sector is worsening and industry executives see no reason to expect cost pressures on everything from steel pipe to frac sand to ease any time soon.
