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...
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 ...
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, ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
The US Geological Survey has released two separate reports this year in its ongoing studies on possible consequences of unconventional oil and gas activities.
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 ...
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...
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...
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...
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 ...
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...
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.
Quicksilver Resources Inc., Fort Worth, Tex., filed for Chapter 11 bankruptcy protection in Delaware, becoming at least the third unconventional producer to seek reorganization...
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 ...
Plentiful private equity capital is available for oil and gas companies to invest on US unconventional plays, various PE capital providers have confirmed.
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...
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 ...
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...
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'...
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...