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Crude Oil Down for the Week
Friday, October 12, 2018 The price of a barrel of West Texas Intermediate (WTI) crude oil for November delivery gained 37 cents Friday, settling at $71.34.
Colorado House Majority Leader Says Prop 112 Unlikely to Pass
Friday, October 12, 2018 A ballot measure that could curb oil and gas development in Colorado is unlikely to pass in November.
Vista to Build Frac Sand Mine in Oklahoma
Thursday, October 11, 2018 The frac sand mine will serve SCOOP and STACK shale producers.
Shell Hits Milestone at Pennsylvania Site
Wednesday, October 10, 2018 An April 2018 aerial view of Shell's Pennsylvania Petrochemicals Complex construction site in Beaver County, Pa.
ConocoPhillips Strikes First Oil at New Alaska Site
Wednesday, October 10, 2018 ConocoPhillips Alaska flows its first oil at the Greater Mooses Tooth #1 in Alaska's North Slope.
Wood Creates 1K New Jobs in Last Year
Wednesday, October 10, 2018 Wood's Asset Solutions Americas business created approximately 1,000 new jobs in the last year as a result of securing new midstream sector contracts across the US worth $250 million.
Upstream Unlocks Another Well in Louisiana
Tuesday, October 09, 2018 Upstream Exploration makes a gas condensate discovery onshore Louisiana.
Dallas Cowboys Owner Seeks Shale Gas Deals in Haynesville
Tuesday, October 09, 2018 Dallas Cowboys billionaire owner Jerry Jones is exploring a series of takeovers to expand his Comstock Resources Inc. in the Haynesville.
Support Activities for Mining Rise by 6,000 in September
Friday, October 05, 2018 The US energy sector is seeing significant increases in support activities for mining.
Noble Midstream, Salt Creek to Build Pipeline System in Delaware Basin
Thursday, October 04, 2018 The two companies enter into a joint venture to build a pipeline system in West Texas.
$32B Worth of Oil, Gas M&A Deals in 3Q Breaks Record
Thursday, October 04, 2018 Drillinginfo reports that the US saw a 250% increase in mergers and acquisitions activity in the third quarter.
Troubled $4.6B Pipe Hits New Snag on Surprise Ruling
Wednesday, October 03, 2018 A $4.6 billion shale gas pipeline that's already been delayed by about a year is facing yet another setback after a court unexpectedly vacated a key permit.
Permian Needs $300B in CAPEX for Growth through 2023
Tuesday, October 02, 2018 A new report by consulting firm Arthur D. Little finds that U.S. independents will need to adjust their business models to keep up with forecasted growth in the Permian.
New Nafta Drops Relic of Energy Crises Past Assuring Oil Exports
Tuesday, October 02, 2018 With the US gushing oil at record levels, America apparently no longer needs to preserve Canada as its emergency crude supplier.
Northern Oil and Gas Spends $114.8MM on W Energy Partners Buy
Tuesday, October 02, 2018 Northern acquired W Energy Partners assets and a cash and stock deal.
Power to the Permian? Spotty at Best, Outrun by Shale Boom
Monday, October 01, 2018 The Permian Basin has expanded so quickly that suppliers of the electricity needed to keep wells running are struggling to keep up.
DJR Energy to Acquire $480MM Worth of San Juan Assets from Encana
Monday, October 01, 2018 The deal will provide DJR Energy with 182,000 net acres in the San Juan Basin in New Mexico.
Oilfield Service Firms' Optimism Declines in Third Quarter
Monday, October 01, 2018 The Dallas Fed's quarterly energy survey reveals a dip in the business activity index for oilfield service companies.
Covia Idles Operations at Four Frac Sand Mine Locations
Friday, September 28, 2018 In light of market dynamics, Covia has made the decision to shutter some of its frac sand mine sites and reduce production elsewhere.
A Breakthrough for Hydraulic Fracturing
Friday, September 28, 2018 A revolutionary groundwater quality study provides new evidence that 'fracking' operations are safe to nearby water sources.
MPLX Buys Lower Mississippi Export Terminal
Thursday, September 27, 2018 Marathon Petroleum's master limited partnership will rename the facility the Mt. Airy Terminal.
ExxonMobil Cranks Up New Unit in Beaumont
Thursday, September 27, 2018 ExxonMobil adds fuels production in Beaumont.
Move Over, Permian. Bakken's Making a Comeback.
Wednesday, September 26, 2018 North Dakota oil production reached a record high in July and the Bakken is primed for growth.
Mississippi River LNG Project Would Link to Appalachia, Midcontinent
Wednesday, September 26, 2018 Pointe LNG has asked FERC to begin pre-filing review for an LNG project downriver from New Orleans.
After Twitter Fail, Trump's Next Avenue Is US Oil Reserve
Wednesday, September 26, 2018 After failing to cajole OPEC to pump more and lower oil prices, US President Trump could pursue a more direct route.
Major Crude Buyer Increasing US Purchases
Wednesday, September 26, 2018 SK Innovation Co. is increasing purchases from America to make up for the drop in Iranian oil shipments before US sanctions come into effect, according to a company spokesperson.
Chinese LNG Tariffs Won't Derail US Exports
Wednesday, September 26, 2018 Additional tariffs announced recently by the Chinese government won't have a significant impact on US LNG exports over the next few months, according to a new report.
California Eyes Higher EV Subsidy
Tuesday, September 25, 2018 California will hold a hearing this week on offering a $4,500 subsidy for each pure electric vehicle sold in the state, up from the current $2,500.
Oil Futures Near Four-year High
Tuesday, September 25, 2018 Crude approached a four-year high after OPEC signaled it may not replace Iranian oil that's disappearing from global markets as U.S. sanctions loom.
W&T Offshore to Divest Select Permian Interests
Tuesday, September 25, 2018 W&T Offshore shares an update on its JV drilling program and plans to sell Permian interests for $56.8 million.
Emerson Lays Off Paradigm Staff
Tuesday, September 25, 2018 The company tells Rigzone it has reduced its workforce in order to be more efficient.
Frac Sand Market Faces Supply Chain Disruption
Tuesday, September 25, 2018 The US frac sand market could approach $6 billion by 2023. SOURCE: Black Mountain Sand
Shareholders Approve MPC and Andeavor Merger
Tuesday, September 25, 2018 Shareholders of both Marathon Petroleum Corp (MPC) and Andeavor have voted to approve the strategic combination of the 2 companies, MPC reveals.
WTI, Brent Gain at Cusp of Tight Market
Monday, September 24, 2018 "The market is starting to realize that strong global demand and the lack of spare production capacity is going to lead to one of the tightest markets we've seen in a long time," said one analyst.
Lower for Longer's Days May Be Numbered
Monday, September 24, 2018 The commitment to live with "lower for longer" oil might not last that long after all.
Executive Tackles Disruptions in Energy Transition
Friday, September 21, 2018 Oil and gas executives discuss possible disruptions the industry faces during the Houston Energy Breakfast.
Williams Seeks Green Light to Start Up Atlantic Sunrise
Thursday, September 20, 2018 Williams reported that it has achieved mechanical completion of its Atlantic Sunrise project.
New US LNG Projects May Feel Pinch from Latest Salvos in US-China Trade War
Wednesday, September 19, 2018 What could the most recent chapter in the ongoing US-China trade dispute mean for the growing US LNG export market?
Riverstone is Planning $900MM Sale of Abaco Energy
Wednesday, September 19, 2018 Riverstone Holdings is preparing to sell oilfield services equipment company Abaco Energy Technologies, which could fetch about $900 million, according to people with knowledge of the matter.
Trump Relaxes Obama Curbs on Flaring Gas From Wells on US Land
Tuesday, September 18, 2018 The Trump administration finalized a rollback of Obama-era limits on methane that is leaked, vented or flared from oil and gas wells on federal lands.
KBR, ConocoPhillips to Develop Off-the-Shelf LNG Tech
Tuesday, September 18, 2018 KBR and ConocoPhillips will jointly develop a standardized, mid-scale LNG train for both greenfield and brownfield projects.
CVR Seeks Bids for Oklahoma Tank Farm
Monday, September 17, 2018 CVR Refining, LP plans to sell its crude oil tank farm assets in the oil pricing hub of Cushing, Okla.
Solar With Batteries Cheaper Than Gas in Parts of US Southwest
Monday, September 17, 2018 Natural gas-fired power plants will be facing more price competition from solar farms in some parts of the US.
Vitol Boosts Cheniere's Growth Plans with 15-year Deal
Monday, September 17, 2018 The deal 'continues Cheniere's commercial momentum and supports our growth plans,' stated the company's CEO.
Safety, Not Fashion, is Main Driver Behind New Women's Gear in Oil and Gas
Monday, September 17, 2018 Entrepreneur Jane Henry sets her sights on solving the issue of ill-fitting women's PPE by creating products that will help them work safer and more efficiently.
Deadly Gas Explosions Near Boston Put Focus on Pipe Safety
Friday, September 14, 2018 Federal investigators were dispatched to three towns outside Boston after dozens of explosions and fires along the natural gas network left at least one person dead and 13 injured.
Baker Hughes: US Drillers Add Oil Rigs For Second Week In Three
Friday, September 14, 2018 US energy companies this week added oil rigs for the second time in the last three weeks.
Permian Highways Desperate for Traffic Relief
Friday, September 14, 2018 US Highway 285 is a major north-south route within the Permian Basin of West Texas and southeastern New Mexico, and it's seen better days.
Weatherford CEO's Rebound Plan Relies On Getting Smaller
Friday, September 14, 2018 Mark McCollum thinks his push to simplify its sprawling supplier networks and corporate organization will help turn around the company to emerge from the oil price collapse.
EIA: US Likely Became Biggest Oil Producer Earlier This Year
Wednesday, September 12, 2018 US likely overtook Russia and Saudi Arabia in terms of oil output to become the world's biggest producer earlier this year.