US Shales

US Shales Exclusives

oilfield services, 2018, planning, oil and gas

Sustained commodity pricing in the low $50s for West Texas Intermediate—and $3.20 or above for natural gas—would expand demand for all oil service lines in 2018.

Big Oil Bets On Gas

The hydrocarbons industry is investing heavily in LNG projects to secure its future in a decarbonizing world. The risk is too much capacity that fails to compete with the surge in wind and solar power.

Patterson-UTI Evolves With $215 Million Deal For Directional Driller

Patterson-UTI will acquire MS Energy, the second largest directional drilling company in U.S. onshore, on a debt-free basis.