More Unconventional News

Proposal would create patchwork of regulations in Colorado

Apr 16, 2014

Colorado appears poised to consider a ballot measure this November that, if passed, could lead to a patchwork of local rules for oil and gas development.

Industry improves public perception through outreach, education

Apr 16, 2014

Public relations experts shared their thoughts on how the oil and gas industry can improve its image, and judges from two Texas counties spoke about concerns of residents in the Eagle Ford shale at Petroleum Connection's Clean Frac'ing Conference.

Range Resources boosts Marcellus shale production above 1 bcfd

Apr 16, 2014

Range Resources Corp. plans to further increase its production in the Marcellus shale in 2014 and has set a higher capital spending budget that will enable it to drill even longer laterals and utilize more completion stages at its Marcellus wells this year.

MARCELLUS & UTICA Briefs

Apr 16, 2014

Energy reform could unlock Mexico's shale resource potential

Apr 16, 2014

The oil and gas industry is watching with great interest as energy reforms unfold in Mexico. The country has taken the first steps toward opening its energy industry to outside investment that could unlock the potential of its massive unconventional resource.

Port Corpus Christi emerges as a growing transportation and storage hub for crude oil from Eagle Ford shale

Apr 16, 2014

Port Corpus Christi has emerged as a coastal gateway for crude produced in the Eagle Ford shale, with roughly 16.4 million bbl of crude moving out of the port in January primarily to refineries along the Gulf Coast, according to data compiled by ClipperData LLC.

EAGLE FORD Briefs

Apr 16, 2014

BAKKEN Briefs

Apr 16, 2014

EIA: BAKKEN RIGS PRODUCING 50% MORE OIL IN FIRST MONTH ONLINE

Apr 16, 2014

Operational efficiency is improving across the Bakken-Three Forks tight oil play. US Energy Information Administration

Bakken leader Continental Resources drills deeper into Three Forks formation

Apr 16, 2014

The Bakken-Three Forks tight oil formation is already one of the top producing oil plays in the US, but leading operator Continental Resources Inc. believes there may be even more oil in place than previously thought in deeper benches of the Three Forks formation.

A conversation with BHP executive Rod Skaufel

Apr 16, 2014

Today, BHP is a prominent participant in the US unconventional oil and gas business, with operations spanning the Haynesville, Fayetteville, and Eagle Ford shales as well as the Permian basin.

BHP plans to double Eagle Ford output by 2016

Apr 16, 2014

BHP Billiton is focusing the bulk of its US onshore spending on the Eagle Ford shale this year and seeing promising results from field trials aimed at increasing production and reducing costs at its wells in the South Texas shale play.

EPA white papers offer hint of methane, VOC emissions

Apr 15, 2014

The US natural gas industry received a preview of a new regulatory push on Apr. 15 when the Environmental Protection Agency published white papers on emissions of methane and volatile organic compounds (VOCs) in five operational categories.

Baker Hughes: US drilling rig count jumps to 1,831

Apr 11, 2014

The US drilling rig count jumped 13 units to reach 1,831 rigs working during the week ended Apr. 11, Baker Hughes Inc. reported.

ConocoPhillips raises estimates on Eagle Ford recoverable resources, production

Apr 11, 2014

ConocoPhillips has increased its estimated resource base in the Eagle Ford play to 2.5 billion bbl of oil in place from 1.8 billion bbl, as well as its estimated production from current volumes to more than 250,000 boe/d by 2017.

Proved reserves of US crude oil reach 36-year high in 2012

Apr 10, 2014

US proved reserves of crude oil at yearend 2012 were estimated at 33.4 billion bbl, up 15.4% from 2011 and the highest since 1976, according to a report released Apr. 10 by the US Energy Information Administration.

Chevron, YPF to continue Vaca Muerta development

Apr 10, 2014

Chevron Corp. and YPF SA, Buenos Aires, will continue development of Argentina’s Vaca Muerta shale formation. Chevron says it will build off the progress of its 2013 drilling program with YPF, investing in large-scale drilling and production in the 96,000-acre Loma Campana concession.

CNPC, Shell strengthen global cooperation

Apr 10, 2014

China National Petroleum Corp. (CNPC) and Royal Dutch Shell PLC have reached an agreement to deepen their strategic partnership by increasing cooperation in the development of both companies’ global projects.

Statoil’s oil sands production saw slight decline in 2013

Apr 8, 2014

Statoil ASA reported a slight decrease in its oil sands production in 2013 because of a planned multiweek plant shutdown for facility maintenance and the integration of new scientific research and experimental development measures, according to the company’s 2013 Oil Sands Report.

Speakers debate states’ oil, gas role at GMU conference

Apr 8, 2014

States are better qualified than federal and local governments to regulate hydraulic fracturing and other unconventional oil and gas activities, two speakers agreed at an energy and environment conference at George Mason University’s School of Law. But a third speaker argued that some states’ performances as the primary US oil and gas regulator are unsatisfactory and needs to be reevaluated.

Stay Connected