More Unconventional News

Groups sue to block California refinery expansion

Oct 20, 2014

Environmental groups have petitioned a California superior court to stop Alon USA Energy Inc. from moving forward with a plan to expand existing receiving and processing options for North American shale light crude oils at its 70,000-b/d Bakersfield refinery.

BHI: US drilling rig count drops 12 units to 1,918

Oct 17, 2014

The US drilling rig count declined 12 units to settle at 1,918 rigs working during the week ended Oct. 17, Baker Hughes Inc. reported.

PwC: US shale deal activity jumps in second quarter

Oct 17, 2014

Merger and acquisition activity in the US oil and gas industry jumped in the second quarter of 2014, and nearly half of total deal value was related to shale plays, according to the Energy Practice of PwC.

Bill Barrett sells gas-rich assets, focuses on Wattenberg

Oct 17, 2014

Bill Barrett Corp. has agreed to divest the majority of its acreage in the Powder River basin and its remaining position in the Gibson Gulch area in the Piceance basin to undisclosed parties in agreements valued at $757 million.

Woodford gathering, processing plans advance

Oct 16, 2014

Tall Oak Midstream LLC subsidiary TOMPC LLC has secured financing for building and expanding Tall Oak’s gathering and processing in the central northern Oklahoma Woodford (CNOW) shale gas play.

Newfield exits Granite Wash, expands in Anadarko basin

Oct 16, 2014

Newfield Exploration Co. has agreed to sell its Granite Wash assets to Templar Energy LLC for $588 million.

Southwestern refines Fayetteville shale completions

Oct 16, 2014

Southwestern Energy Co. completed 7 of its 10 best-performing wells in the Mississippian Fayetteville shale during the second quarter as it continued to refine drilling and completion techniques in the Arkansas formation.

Dallas-Ft. Worth area presents lessons in enduring economic growth for shale regions

Oct 16, 2014

The birthplace of the shale revolution-the Barnett shale in North Texas-may well hold the key to enduring economic success for communities experiencing the newfound growth associated with unconventional resource development across the US.

EOG Resources improves Eagle Ford completions

Oct 16, 2014

EOG Resources Inc. said completion design advances in the Eagle Ford shale contributed to several noteworthy well results in the second quarter.

SM raises initial production rates in the Eagle Ford shale

Oct 16, 2014

An improved completion design that utilizes longer laterals and increased sand loadings is raising initial production (IP) rates for SM Energy Corp's Eagle Ford shale wells in Webb County, Tex.

Combination of Whiting, Kodiak, to create top Bakken producer

Oct 16, 2014

The recent acquisition of Kodiak Oil & Gas Corp. by Whiting Petroleum Corp. is set to create the largest producer and most active driller in the Bakken-Three Forks tight oil play.

Antero production surpasses 1 bcfed

Oct 16, 2014

Antero Resources has surpassed 1 bcfd of net gas-equivalent (bcfed) production from the Marcellus and Utica shales and secured the gas processing and pipeline capacity needed to meet aggressive production growth targets.

Survey examines Marcellus hiring trends

Oct 16, 2014

Marcellus shale companies expect to hire more than 2,000 new employees in 2014, according to a workforce survey released by the Marcellus Shale Coalition (MSC).

Shell expands leasehold position in Marcellus, Utica

Oct 16, 2014

Royal Dutch Shell PLC has signed two separate deals that will enable it to exit its positions in the Haynesville shale and Pinedale field in exchange for $2.1 billion in cash and additional acreage in the Utica and Marcellus shales in Pennsylvania.

More-efficient rigs, better completions propel Marcellus production above 15 bcfd

Oct 16, 2014

Improvements in drilling and completion techniques, along with additions of regional pipeline and processing capacity, are expected to propel Marcellus shale production even higher in coming years.

Pioneer exits Barnett, to focus on Permian

Oct 16, 2014

Pioneer Natural Resources Co., Irving, Tex., has agreed to sell all of its Barnett shale assets in North Texas to an undisclosed private company for $155 million.

Denton fracing ban heads for Nov. ballot

Oct 16, 2014

The city council of Denton, Tex., has rejected a petition for a hydraulic fracturing ban, sending the proposal to a public ballot in November.

Southwestern Energy to acquire Marcellus, Utica assets for $5.375 billion

Oct 16, 2014

Southwestern Energy Co., Houston, has agreed to acquire assets in the southern Marcellus shale and a portion of the eastern Utica shale in West Virginia from Chesapeake Energy Corp., Oklahoma City, for 5.375 billion.

PNR head urges DOC to issue condensate export permits to others

Oct 15, 2014

The head of an independent oil and gas company that in late June received one of the first two federal approvals to export condensate urged the US Department of Commerce to begin issuing similar permits to other applicants.

ARM unit to build Bakken-Three Forks crude gathering system

Oct 15, 2014

Asset Risk Management’s wholly owned subsidiary ARM Midstream plans to build a crude oil gathering system in the Bakken shale and underlying Three Forks formation.

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