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  • Volume 3, Issue 3

    • Volume 3, Issue 3

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    Companies

    IHS: Eagle Ford companies schedule wedge production

    June 12, 2015
    Producers working in the South Texas Eagle Ford shale had built an inventory of nearly 1,400 drilled but uncompleted wells (DUC) as of Apr. 10, and IHS researchers said DUCs provide...
    Production Operations

    Texas Legislature, Gov. Abbott limit municipal control over fracturing

    June 12, 2015
    Texas Gov. Greg Abbott has signed a bill to prevent municipalities from banning hydraulic fracturing in a move that was expected after the city of Denton last year approved a ...
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    Reserves

    Study: Pennsylvania gas severance tax would reduce Marcellus horizontal drilling

    June 12, 2015
    A proposed natural gas severance tax in Pennsylvania would have negative economic consecutives, reducing the number of horizontal gas wells drilled and increasing job losses, ...
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    Drilling & Production

    RJA: US rig count recovery will be led by three core unconventional plays

    June 12, 2015
    Raymond James & Associates revised its US rig count forecast, noting it expects a 2016 recovery will be disproportionately weighed toward horizontal drilling units in three shale...
    Companies

    US Forest Service agrees to add a map to White River National Forest leasing plan, rejects most objections

    June 12, 2015
    A US Forest Service official rejected most objections raised by various groups regarding USFS's draft oil and gas leasing decision for the White River National Forest in western...

    More content from Volume 3, Issue 3

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    Companies

    Whiting reports high IP rates from Bakken, Three Forks

    June 12, 2015
    Whiting Petroleum Corp. reported some of industry's top initial production rates from both the Bakken and Three Forks formations in the Willison basin where the company controls...
    Production Operations

    North Dakota ordered five firms to reduce April oil production

    June 12, 2015
    North Dakota oil and gas regulators ordered five companies to reduce their April oil production to 100 b/d on certain wells or face potential daily penalties for violating the...
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    HSE

    Statoil lets carbon dioxide contract for Bakken pilot

    June 12, 2015
    Statoil has let a major carbon dioxide supply and service agreement to Ferus LP of Denver to supply liquid CO2 to be used in a test well to evaluate potential production uplift...
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    Discoveries

    Moody's: Uncompleted wells mean near-term weakening in proppant demand but quick rebound is possible

    June 11, 2015
    Proppant suppliers in the Bakken and other unconventional plays face deteriorating margins, cash flows, and liquidity given a declining onshore US rig count, Moody's Investors...
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    Discoveries

    Statoil, GE seeking innovators for ideas to reduce sand, number of truck trips to US unconventional operations

    June 11, 2015
    Statoil ASA and GE Oil & Gas are seeking outside ideas for their collaborative efforts toward developing sustainable ways, both environmentally and economically, to provide fossil...
    General Interest

    Colorado briefs

    June 11, 2015
    Whiting reports Niobrara Redtail outputWhiting Petroleum Corp. reported first-quarter Redtail field production of 13,000 boe/d net, up 28% over the fourth quarter of 2014, and...
    Torstein
    Companies

    Statoil focused on improving completions and doing tests during low-drilling period

    June 11, 2015
    Statoil ASA plans to use what one executive calls "low-activity time" to work on completion designs and to enhance recovery in its unconventional US plays, especially the Bakken...
    Home

    Oklahoma studies seismic activity, water injections given recent earthquakes

    June 11, 2015
    The Oklahoma Geological Survey said it's "very likely" that a majority of recent earthquakes, particularly in central and north-central Oklahoma, experienced in recent years were...
    Home

    SMU study: North Texas quakes likely linked to gas drilling

    June 11, 2015
    A seismology team in a study led by Southern Methodist University found high volumes of wastewater injection combined with brine extraction from natural gas wells was "the most...
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    Exploration & Development

    USGS studies seismic, water risks possibly linked with operations

    June 11, 2015
    The US Geological Survey has released two separate reports this year in its ongoing studies on possible consequences of unconventional oil and gas activities.
    Jeff Rust
    Companies

    Bakken briefs

    June 11, 2015
    Hess boosts its Bakken 1Q net productionHess Corp. increased its net production from the Bakken formation by 70% to 108,000 boed for first-quarter 2015 compared with the same ...
    Hutt Jason
    Production Operations

    BLM's final fracturing rule outlines more public land regs

    June 11, 2015
    Three years after its initial proposal, the Department of Interior's Bureau of Land Management (BLM) finalized new regulations applicable to hydraulic fracturing activities on...
    Drilling & Production

    Utica Briefs

    June 11, 2015
    Gulfport Energy buying Paloma Partners IIIGulfport Energy Corp., Oklahoma City, agreed to acquire Paloma Partners III LLC, Houston, for $300 million in a transaction that will...
    Government

    Wyoming official: BLM variance of little value to states

    June 11, 2015
    Wyoming State Oil and Gas Supervisor Mark Watson said the US Bureau of Land Management would benefit rather than the states from a variance stipulation within BLM's final hydraulic...
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    Government

    Four states sue federal government about fracturing regs

    June 11, 2015
    Wyoming filed a federal lawsuit questioning the US Bureau of Land Management's new rules for hydraulic fracturing for onshore drilling on tribal and federal public lands. The ...
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    Production Operations

    Trade groups question DOI's final updated rule for hydraulic fracturing on public, tribal lands

    June 11, 2015
    Attorneys representing the Independent Petroleum Association of America and Western Energy Alliance (WEA) have filed a lawsuit in US District Court in Wyoming seeking to set aside...
    Exploration & Development

    Breitling Energy seeks to tap multiple levels of stacked shale in Permian

    June 11, 2015
    Breitling Energy Corp. of Dallas earlier this year announced completion plans for two Permian basin wells that sought to tap multiple levels of stacked shale.
    Companies

    Quicksilver Resources, others file for Chapter 11 bankruptcy protection

    June 11, 2015
    Quicksilver Resources Inc., Fort Worth, Tex., filed for Chapter 11 bankruptcy protection in Delaware, becoming at least the third unconventional producer to seek reorganization...
    Companies

    Permian Briefs

    June 11, 2015
    Emerald Oil to acquire Delaware basin assetsEmerald Oil agreed to acquire Delaware basin acreage in the New Mexico counties of Lea and Eddy from undisclosed sellers for $75.2 ...
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    Companies

    Private equity remains available for unconventional upstream companies

    June 11, 2015
    Plentiful private equity capital is available for oil and gas companies to invest on US unconventional plays, various PE capital providers have confirmed.
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    General Interest

    Hybrid generator cuts fuel use, power costs for Permian operators

    June 11, 2015
    Operators in the Permian basin and elsewhere increasingly are relying upon a hybrid generator that can eliminate the need for a third generator on land drilling rigs and can slash...
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    Companies

    Economics incentivize deferring unconventional well completions

    June 11, 2015
    The market has responded with a steepened contango to incentivize storage of crude, and the relatively higher price for delivery a year from now had widened toward the end of ...
    General Interest

    Eagle Ford briefs

    June 11, 2015
    Flint Hills lets contract for Project Eagle FordFlint Hills Resources signed a contract with KBR Inc., Houston, for work related to Project Eagle Ford (PEF), a $600 million project...
    Companies

    Noble Energy Agrees to enter Eagle Ford shale, Permian Basin By Acquiring Rosetta Resources

    June 11, 2015
    Noble Energy Inc. agreed to buy smaller rival Rosetta Resources Inc. for $2.1 billion in a stock transaction. The two companies, both of Houston, said the merger marked Noble'...
    Reserves

    EIA: Eagle Ford's Eagleville oil field largest in US

    June 11, 2015
    Eagleville field in the South Texas Eagle Ford shale is the largest US oil field, the Energy Information Administration said in a recent supplement to an earlier report, "US Crude...