According to Timothy Dove, President and Chief Executive Officer, Pioneer Natural Resources the shale play in the Permian Basin is “demonstrably different” from any other shale play that greatly impacted Texas and the United States, or even the world more

Mar 9, 2018 8:32 AM Upstream

OPEC will hold a dinner on Monday in Houston with U.S. shale firms, two industry sources said, the latest sign of the producer group widening talks about how best to tame a global oil glut. more

Feb 28, 2018 9:42 AM Refining/Petrochemical

In the two years since Washington lifted a 40-year ban on oil exports, tankers filled with U.S. crude have landed in more than 30 countries, ranging from massive economies like China and India to tiny Togo. more

Feb 8, 2018 9:31 AM Pipeline/Transportation

The proposed changes to the US tax system has run its course. Most believe the net impact of the bill will be positive – at least to the corporate bottom line. From an upstream perspective, one has to wonder about the impact on supply and prices. more

Feb 8, 2018 7:00 AM Drilling & Exploration

IPAA and Western Energy Alliance welcomed BLM's recent suspension of an Obama administration rule..., Mortality rates in the six Pennsylvania counties with the most Marcellus Shale development have declined... Appalachian production has increased more

Feb 7, 2018 2:59 PM Natural Gas

Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago. more

Jan 16, 2018 9:31 AM Drilling & Exploration

Luxe Energy LLC said on Thursday it had received an additional $296 million from its private equity backers to buy and develop acreage in the Permian Basin, the largest U.S. oilfield stretching across Texas and New Mexico. more

Jan 5, 2018 7:00 AM Drilling & Exploration

U.S. energy companies this week cut oil rigs for the first time in six weeks in spite of prices rising close to their highest in over two years and drillers starting to boost spending plans for next year. more

Dec 16, 2017 10:57 AM Drilling & Exploration

Oil prices came under pressure on Thursday after the International Energy Agency (IEA) increased its forecast for growth in U.S. oil output next year, raising the prospect of excess supply. more

Dec 14, 2017 1:55 PM Drilling & Exploration

U.S. Shale Production

by Travis Hartman | REUTERS GRAPHICS

Financiers keep pouring cash into the shale oil sector, providing producers with a path to keep U.S. output rising through the middle of the next decade. more

Dec 14, 2017 9:38 AM Drilling & Exploration

EQT Corporation announced the Company’s 2018 capital expenditure (CAPEX) forecast of $2.4 billion, which includes $2.2 billion for well development and $150 million for acreage fill-ins and bolt-on leasing. more

Dec 13, 2017 11:56 AM Drilling & Exploration

Shale gas production in the Appalachia region has increased rapidly since 2012, driving an overall increase in U.S. natural gas production. more

Dec 5, 2017 7:00 AM Natural Gas

Sanchez Energy Corporation has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately $105 million in cash. more

Aug 17, 2017 6:00 PM Drilling & Exploration

The Bossier and Haynesville formations of the onshore and state waters portions of the U.S. Gulf Coast contain estimated means of 4 billion barrels of oil, 304.4 trillion cubic feet of natural gas (tcfg) and 1.9 billion barrels of natural gas liquids more

Jun 22, 2017 3:03 PM Natural Gas

On June 19, EQT Corporation entered into an agreement to acquire Rice Energy for $8.2B. more

Jun 22, 2017 11:10 AM Midstream

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