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  • US oil drillers drop five rigs

    Texas loses rigs while New Mexico gains five units

    Online  upstreamonline.com 8 hours old Caroline Evans

    Apache exits Midcontinent

    US independent nets $612 million from sales to help pay off debt

    Online  upstreamonline.com 9 hours old Caroline Evans

    South Africa to keep on looking at shale

    South Africa’s government will continue to assess potential shale gas resources in its water-stressed Karoo region despite a Bloemfontein Appeals Court ruling early this month that petroleum and environmental regulations need to be revised before exploration wells can be drilled, writes Iain Esau. Minister of Mineral Resources & Energy, Gwede Mantashe, told parliament late last week that until ne

    Weekly  upstreamonline.com 18 Jul 22:00 GMT Iain Esau

    Midcontinent activity expected to drop in third quarter

    Operators working in the Midcontinent region of the US expect oil and gas activity to dip in the third quarter despite a slight expansion in the second quarter, according to a survey from the Federal Reserve Bank of Kansas City, writes Caroline Evans. A weak outlook for oil and natural gas prices drove the dismal forecast, Fed officials said. "Firms in our region expect oil prices to remain prof

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

    Permian growth to slow

    Crude production growth in the prolific Permian basin of Texas and New Mexico is expected to slow next month, according to a report from the US Energy Information Administration (EIA), writes Caroline Evans. The agency forecasts Permian output will grow in August by 34,000 barrels per day of oil to 4.21 million bpd. Previously, the EIA expected production to grow by 55,000 bpd in July and 56,00

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

    North Dakota reaches gas capture milestone

    State tops new high figure as it continues to wrestle with limited processing capacity and shortfall in infrastructure

    Weekly  upstreamonline.com 18 Jul 22:00 GMT Julia Martinez

    ExxonMobil going up a gear in Permian

    US supermajor ExxonMobil submitted more drilling permit applications in Texas in the first half of 2019 than any other operator as it plans to aggressively ramp up operations in the prolific Permian basin, writes Caroline Evans. ExxonMobil shale subsidiary XTO submitted 431 applications for drilling permits to the Texas Railroad Commission in the first half of this year, 369 of which were for wel

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

    Argentina shale key for LNG

    Future growth in Argentina’s liquefied natural gas exports will depend on more investments in onshore liquefaction facilities and pipeline infrastructure, or in more floating liquefaction units, according to a new report by the US Energy Information Administration (EIA), writes Julia Martinez. The country’s first LNG cargo was shipped on 6 June from the Tango FLNG unit, which has production capac

    Weekly  upstreamonline.com 18 Jul 22:00 GMT Julia Martinez

    Pennsylvania reports gas output record from Marcellus

    The US state of Pennsylvania produced a record 6.1 trillion cubic feet of natural gas from unconventional wells in 2018 as output from the Marcellus shale play surged. That is an 800 billion cubic feet increase over 2017 and represents the largest volume of natural gas produced in Pennsylvania in a single year, according to a report from the state’s Department of Environmental Protection (DEP).

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

    Kimmeridge in Permian royalty company combination

    New company Desert Peak Minerals acreage spans over 70,000 net royalty acres in Delaware sub-basin

    Online  upstreamonline.com 18 Jul 17:30 GMT Julia Martinez