More Unconventional News

Ergon plans processing expansions in Appalachian basin

Jul 2, 2014

Ergon Inc., Jackson, Miss., has announced plans to expand processing capabilities of its subsidiaries’ operations in the Appalachian basin to support growing condensate and NGL production from the Marcellus and Utica shale regions.

North Dakota gives teeth to flaring reduction plan

Jul 2, 2014

North Dakota operators that fail to meet the state’s flaring reduction targets may soon be forced to curtail oil production from wells targeting the Bakken and Three Forks formations, according to an order issued July 1 by state regulators.

EIA: Texas, N. Dakota provided nearly half of US crude production in April

Jul 1, 2014

Crude oil production in the US during April totaled 8.4 million b/d, with Texas and North Dakota accounting for 4 million b/d, according to data from the US Energy Information Administration's Petroleum Supply Monthly Report.

Hawkwood acquires East Texas interests

Jul 1, 2014

Hawkwood Energy LLC, Denver, has entered the Eagle Ford and Woodbine plays of East Texas with two acquisitions.

AFPM’s Drevna says more clarity needed on future condensate exports

Jun 30, 2014

The oil and gas industry awaits greater clarification from the US Department of Commerce’s Bureau of Industry and Security (BIS), which recently issued private rulings for two companies concerning condensate specifications and possible exports.

Linn to purchase acreage from Devon for $2.3 billion

Jun 30, 2014

Linn Energy LLC, Houston, has agreed to acquire assets in five US operating areas from Devon Energy Corp., Oklahoma City, for $2.3 billion, effective Apr. 1.

Statoil reports fire at Ohio well pad now extinguished

Jun 30, 2014

A fire reported by Statoil ASA on June 28 at the company’s Eisenbarth well pad in Monroe County, Ohio, has been extinguished.

Baker Hughes: US drilling rig count jumps to 1,873

Jun 27, 2014

The US drilling rig count jumped 15 units to 1,873 rigs working during the week ended June 27, Baker Hughes Inc. reported.

Starfish start-up could ease Trinidad and Tobago’s tight gas supplies

Jun 27, 2014

Trinidad and Tobago’s tight natural gas supply could be eased within the next 4 months with the startup of 300 MMscfd of gas from BG Group’s Starfish development. BG Group said the project, which involves the drilling of four subsea wells and a 10-km subsea tieback to the Dolphin A platform, is on schedule for this year’s fourth quarter.

QEP Resources moves ahead with midstream spinoff

Jun 27, 2014

QEP Resources Inc., Denver, has filed a Form 10 registration statement for the tax-free spinoff of wholly owned, midstream subsidiary QEP Field Services Co. (QEPFS) into a separate publicly traded company to be named Entrada Midstream Inc.

Comstock reports Eagle Ford shale well results

Jun 26, 2014

Comstock Resources Inc., Frisco, Tex., reported successful results of its first well drilled in its East Texas extension of the Eagle Ford shale in Burleson County, Tex.

Dow advances Oyster Creek complex expansion, upgrade

Jun 26, 2014

Dow Chemical Co. will begin construction on the previously announced ethylene production expansion and upgrade project at its Oyster Creek complex in Freeport, Tex., on June 30, the company said.

Gathering, cryo plant on tap for Oklahoma Woodford

Jun 25, 2014

Tall Oak Midstream LLC, Edmond, Okla., will build 250 miles of gas low-pressure gathering pipeline and a 75-MMcfd cryogenic processing plant in Payne County in the central northern Oklahoma Woodford play.

ICF: US needs ethane export capacity to sustain shale gas boom

Jun 25, 2014

Greater investment in infrastructure is needed to ensure that rising NGL production in the US can reach international markets. Without it, a glut will form, placing downward pressure on prices and eroding the economics of shale gas drilling.

BNV-Norstra deal sets Montana gas drilling

Jun 25, 2014

Privately held BNV Energy LLC, Houston, has entered an agreement with Norstra Energy Inc., Spokane, to drill two natural gas wells and build a related gathering system to earn a 60% working interest in 5,382 acres in Northwest Montana.

DOC authorizes EPP, Pioneer to export condensate

Jun 25, 2014

Two companies have received authorization from the US Department of Commerce to sell condensate to buyers outside the US, and analysts expect the sales—probably involving condensate from the Eagle Ford in South Texas—could begin in August.

Carrizo reports initial multiple-bench Niobrara downspacing results

Jun 23, 2014

Carrizo Oil & Gas Inc., Houston, recently started production from its first multiple-geological-bench downspacing pilot, consisting of 8 wells, in the company's Bringelson Ranch area in Weld County, Colo.

Baker Hughes: US drilling rig count up to 1,858

Jun 20, 2014

The US drilling rig count gained 4 units to reach 1,858 rigs working during the week ended June 20, Baker Hughes Inc. reported.

Encana completes $3.1 billion purchase of Eagle Ford acreage

Jun 20, 2014

Encana Oil & Gas (USA) Inc., a wholly owned subsidiary of Encana Corp., has completed its previously reported $3.1 billion purchase of 45,500 net acres in Karnes, Wilson, and Atascosa counties of south Texas from Freeport-McMoRan Oil & Gas LCC, a subsidiary of Freeport-McMoRan Copper & Gold Inc.

American Energy, EMG form midstream unit

Jun 18, 2014

American Energy Partners LP (AEP) and The Energy & Minerals Group (EMG) have formed American Energy–Midstream LLC (AE-MidCo) to focus on areas where affiliates of both companies have active upstream operations.

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