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  • Tenaris restarts Conroe plant

    Facility in Conroe to reopen, support production of oil country tubular goods

    Online  upstreamonline.com 3 hours old Kathrine Schmidt

    Nostra Terra buys Mesquite prospect

    London-listed junior acquires acres in the Permian basin, where around 8 wells could potentially be drilled

    Online  upstreamonline.com 17 hours old Anamaria Deduleasa

    Mystery sellers market Arkoma assets

    Core Energy Advisors hired to market more than 67,000 net acres in Oklahoma play

    Online  upstreamonline.com 19 Oct 16:07 GMT Caroline Evans

    Proppant players cut workforces

    A rapidly declining market for proppant in major US basins has led some suppliers to reduce staff in recent weeks. Most recently, Canadian outfit Select Sands said this week it had furloughed more than two dozen workers at its Sandtown facility in Arkansas. The Vancouver-based company said 26 employees were affected by the temporary measure "until further notice". Meanwhile, local media reports

    Weekly  upstreamonline.com 18 Oct 22:00 GMT Caroline Evans

    Bakken production expected to keep climbing

    Production from prolific US shale play reaches new record high in month of August, with further increases expected in the remainder of the year

    Weekly  upstreamonline.com 18 Oct 22:00 GMT Caroline Evans

    Nine Energy Service in deal to buy Magnum

    US oilfield services provider Nine Energy Service has agreed an acquisition worth nearly $500 million less than a year after it went public. The company is buying Magnum Oil Tools International for $334 million in cash and 5 million shares of Nine common stock valued at $159 million. The deal also allows for potential future contingent payments to Magnum. Nine intends to fund the deal with the

    Weekly  upstreamonline.com 18 Oct 22:00 GMT Caroline Evans

    Aspen plans Texas pipeline

    Private US player Aspen Midstream is planning to build a new pipeline system to service the growing Austin Chalk play of east Texas. The Encap Flatrock Midstream-backed company aims to develop a large-diameter residue pipeline as well as a lean and a rich gas gathering system in the Giddings field in Texas. The system is supported by about 150,000 acres offering long-term dedicated supply from mu

    Weekly  upstreamonline.com 18 Oct 22:00 GMT Caroline Evans

    Fracking is still fraught

    Cuadrilla Resources this week ended the hiatus in hydraulic fracturing in the UK that has been in place since 2011, when use of the technique was halted following earth tremors that were linked to the company’s earlier operations, writes Mark Hillier. It would be wrong to ignore the progress that the resumption of fracking in England means for Cuadrilla and other proponents of the technique in th

    Weekly  upstreamonline.com 18 Oct 22:00 GMT Mark Hillier

    McDermott to build storage tanks

    US contractor McDermott has been awarded a contract worth up to $50 million to build storage tanks in Texas that will receive oil from the Permian basin. McDermott said its CB&I Storage Tanks division has landed the engineering, procurement and construction deal from an unidentified client for three external floating-roof tanks to be situated in Taft, Texas. McDermott said the contract value is

    Weekly  upstreamonline.com 18 Oct 22:00 GMT Eoin O'Cinneide

    Protests as Cuadrilla begins UK fracking

    Shale explorer Cuadrilla Resources has restarted fracking operations in the UK for the first time since 2011 in the same week that three campaigners jailed for protesting against its operations were freed on appeal after a judge ruled an initial sentence imposed on them was excessive, writes Anamaria Deduleasa. Simon Roscoe Blevins, Richard Roberts, and Richard Loizou were convicted of causing a

    Weekly  upstreamonline.com 18 Oct 22:00 GMT Anamaria Deduleasa