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  • Cimarex in $1.6bn Resolute takeover

    US independent calls acreage position of pure player 'perfect fit' for existing Permian footprint

    Online  upstreamonline.com 20 hours old Kathrine Schmidt

    North Dakota output hits new highs

    But US state has started shedding rigs as oil prices plummet

    Online  upstreamonline.com 16 Nov 21:12 GMT Caroline Evans

    H&P posts profit, eyes capex rise

    US land drilling specialist in the black for the fourth quarter and year as it looks to upgrade super-spec fleet

    Online  upstreamonline.com 16 Nov 08:48 GMT Eoin O'Cinneide

    Anadarko releases 2019 outlook

    US independent plans on running 15 rigs and 10 completion crews onshore

    Online  upstreamonline.com 15 Nov 23:58 GMT Julia Martinez

    Cuadrilla continues UK fracking drive

    Shale gas explorer Cuadrilla Resources continues with its operations in northern England despite several seismic events, as seismologists said the tremors are too low to cause damage, writes Anamaria Deduleasa. Last week, Cuadrilla returned initial quantities of gas to the surface from its hydraulic fracturing operations at its site in Preston New Road, in Lancashire. According to the company,

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Anamaria Deduleasa

    Sand deal for Chesapeake

    US independent Chesapeake Energy has entered a long-term agreement to buy sand from Hi-Crush for its hydraulic fracturing operations in the Powder River basin and the Marcellus shale. The company will buy Northern White sand from in-basin facilities, Hi-Crush said. In addition, Chesapeake will take advantage of a container crew and related logistics and will have the option to expand. "We are e

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Caroline Evans

    Eni and Cadogan exit five shale assets in Ukraine

    Italy’s Eni and London-listed Cadogan Petroleum are pulling the plug on their participation in Westgasinvest LLC (WGI), a consortium that held five shale gas licences in Ukraine. “This is a good agreement for all parties. It enables Cadogan to withdraw from its gas operations, which are sub economic under the current 70% royalty regime,” said the company’s chief executive Guido Michelotti. Cadog

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Amanda Battersby

    Pioneer divests fracking

    US oil services player ProPetro is poised to become the largest pressure pumping services provider in the booming Permian basin of Texas and New Mexico following an agreement to acquire Pioneer Natural Resources' hydraulic fracturing business unit, writes Caroline Evans. Midland, Texas-based ProPetro will get Pioneer's eight fleets with 510,000 hydraulic horsepower of capacty and related faciliti

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Caroline Evans

    Oil needs transition to coherent strategy

    The World Energy Outlook 2018 just published by the International Energy Agency (IEA) underlines the complexities and contradictions facing the oil and gas industry. The analysis shows crude and product consumption growing in the coming decades and says industry should immediately sanction double the number of conventional hydrocarbon projects if it wants to keep up. Yet IEA executive director F

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Editorial

    Pan American eyeing export route via Chile

    Pan American Energy (PAE), an Argentina-based company controlled by UK supermajor BP, is stepping up viability studies into routing unconventional gas from the Vaca Muerta shale over the Andes to a liquefaction base on the Chilean coast, writes Gareth Chetwynd. PAE has become more interested in the idea since productivity on its Aguada Pichana West block exceeded expectations, a source with the c

    Weekly  upstreamonline.com 15 Nov 23:00 GMT Gareth Chetwynd