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  • North Dakota hits another gas output record

    Preliminary figures for April show state gas production outpacing crude output

    Online  upstreamonline.com 14 Jun 19:29 GMT Julia Martinez

    Legacy Reserves in restructuring deal

    Announcement sends company's stock price higher as investors appear to support plan

    Online  upstreamonline.com 14 Jun 16:09 GMT Caroline Evans

    New Halcon boss named

    US shale player Halcon Resources has named Richard Little as its chief executive, filling a position that has been vacant since Floyd Wilson resigned in February amid shareholder pressure. Little was more recently the chief executive at privately owned Ajax Resources, which was acquired by shale giant Diamondback Energy last year in a $1.25 billion deal. He is a petroleum engineer with 23 years o

    Weekly  upstreamonline.com 13 Jun 22:00 GMT ....

    Pair aim for Austin Chalk seismic

    Seismic players CGG and Fairfield Geotechnologies have teamed up to carry out a multi-client seismic shoot in the Austin Chalk trend extending into the US state of Louisiana. The large-scale survey, called Bayou Boeuf, will image the play in a wide-azimuth shoot spanning 578 square miles designed to “provide a better understanding of the formations in this area”. The acquisition in the south-c

    Weekly  upstreamonline.com 13 Jun 22:00 GMT ....

    Horizontal wells dominate

    The vast majority of tight oil and shale gas formations in the US are using horizontal wells for production, according to the Energy Information Administration (EIA). About 15 years ago, horizontal wells made up 15% of crude output and 14% of natural gas production in shale plays. In 2018, that percentage jumped to 96% and 97%, respectively. Horizontal wells surpassed the number of vertical well

    Weekly  upstreamonline.com 13 Jun 22:00 GMT ....

    Comstock set to become top dog in the Haynesville

    Independent will take over as largest operator in Texas and Louisiana shale play through $2.2 billion acquisition of Covey Park

    Weekly  upstreamonline.com 13 Jun 22:00 GMT Caroline Evans

    Phillips 66 links up for pipeline systems

    Downstream operator Phillips 66 has entered two joint ventures to develop crude pipeline systems from the prolific Permian basin and Rockies region to markets on the US Gulf coast, writes Caroline Evans. One venture, with midstream operator Plains All American, is proceeding with construction on the $2.5 billion Red Oak system to transport crude from the Permian to the Texas coast. Plains and Ph

    Weekly  upstreamonline.com 13 Jun 22:00 GMT ....

    UK shale 'will help net zero emissions'

    Development of domestic supply will cut imports - and greenhouse gases claims industry

    Weekly  upstreamonline.com 12 Jun 22:00 GMT Anamaria Deduleasa

    Lime Rock in Austin Chalk venture

    PE firm's Prime Rock to jointly develop assets with privately held New Dawn

    Online  upstreamonline.com 12 Jun 15:50 GMT Caroline Evans

    Halcon appoints new chief executive

    Former Ajax Resources chief replaces Floyd Wilson

    Online  upstreamonline.com 11 Jun 17:25 GMT Julia Martinez