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  • Phoenix in Argentina shale drive

    Major spending targeted on development of unconventional assets in Vaca Muerta and other plays after funding boost

    Online  upstreamonline.com 16 Feb 08:27 GMT Steve Marshall

    Third Energy moves off UK frack site pending financial review

    UK shale gas explorer Third Energy is moving its fracking equipment from a site in northern England after the government delayed granting drilling permission pending a review of the company’s financials, writes Anamaria Deduleasa. Third Energy was granted permission in 2016 to drill at a site near Kirby Misperton in Ryedale to determine if gas found in samples from the sandstone shale formation a

    Weekly  upstreamonline.com 16 Feb 00:00 GMT Anamaria Deduleasa

    Big increase in onshore rigs working in US

    US drilling activity saw a big rise in the latest week with the number of units in action climbing by 29 to 975. Oil drilling was responsible for most of the gains after recent price rallies, with the latest weekly report from services giant Baker Hughes pointing to an increase of 26 in active oil rigs. The total number of oil rigs is now at 791, much higher than the 591 oil rigs that were worki

    Weekly  upstreamonline.com 16 Feb 00:00 GMT Caroline Evans

    Sinopec makes discovery in Sichuan

    Sinopec has made a significant new discovery in the outlying areas of its flagship Puguang sour gas field in south western China’s Sichuan province. The operator said discovery well Maoba 504-1H flowed 368,000 cubic metres of gas per day with an 8-millimetre choke upon fracking early this month. It is the largest find at the country’s top sour gas field since operations started in 2009. The we

    Weekly  upstreamonline.com 16 Feb 00:00 GMT Xu Yihe

    North Dakota oil output drops

    Natural gas production drops from all-time high set in November 2017

    Online  upstreamonline.com 15 Feb 17:43 GMT Caroline Evans

    Marathon narrows loss, sets capex

    US independent reveals $2.3 billion capital spending programme focused in Bakken, Permian

    Online  upstreamonline.com 14 Feb 23:42 GMT Kathrine Schmidt

    Occidental posts quarterly profit

    US oil major unveils $3.9bn 2018 budget which includes 40% annual production growth in Permian

    Online  upstreamonline.com 13 Feb 22:01 GMT Caroline Evans

    EnCap in $400m midstream splash

    Venture capital firm invests in company focused on Permian, Midcontinent infrastructure

    Online  upstreamonline.com 13 Feb 15:28 GMT Caroline Evans

    Japex takes hit on Canada shale

    Japanese player reduces carrying amount of its shale gas assets in British Colombia

    Online  upstreamonline.com 13 Feb 03:39 GMT Russell Searancke

    US shale output to grow again in March

    US regulators expect oil and gas production from tight plays to keep rising

    Online  upstreamonline.com 12 Feb 23:25 GMT Caroline Evans