Vaca Muerta, shale, Argentina, Neuquen Basin, UG Center, gas, oil, EIA, report

April 2016 Feature: Vaca Muerta Shale

The UG Center’s new special report on Argentina’s Vaca Muerta Shale provides an in-depth look at one of the world’s largest shale gas and shale oil reserves

9:12 am
Chesapeake, divestiture, Scoop, Stack, Oklahoma, natural gas, private equity

Chesapeake Continues Oklahoma Exodus With Scoop Deal

Casillas Petroleum purchased 12,000 net acres from Chesapeake. In January, a Chesapeake subsidiary produced at least 17.2 MMcf/d on the acreage.

8:00 am
cash is king, Bakken, shale, sustain, oil, production, North Dakota, cash flow, Lynn Helms, DMR, Harold Hamm, Continental Resources, Whiting, petroleum, Hess, John Hess, DUC, WTI

‘Cash Is King’: Bakken E&Ps Sustain Production To Get By

In the heart of the Bakken, North Dakota operators are still pumping more than 1 million barrels of oil per day as companies become desperate for cash flow.

April 28, 2016
SLB, Schlumberger, A&D, acquisition, downhole, technology, Cameron

Schlumberger Bulks Up Tech In (Another) Drilling Deal

Schlumberger will buy coiled tubing units from a Canadian company while it looks to reduce 2016 global spending by nearly 25%, including up to 50% in North America.

April 27, 2016
Bakken, shale, activity, highlights, Larry Prado, Oasis, petroleum, EOG, QEP, resources, oil, EIA, IHS, drilling, completion, Kraken Operating, Emerald, Williston Basin, North Dakota, Montana, Fort Berthold

Bakken Shale Activity Highlights: April 2016

Larry Prado, Hart Energy's activity editor, summarizes some of the recent activity in the Bakken Shale from companies including Oasis Petroleum, EOG and QEP Resources.

April 27, 2016
BP, production, oil, projects, upstream, gas, Brian Gilvary

BP Pushes ‘Next Wave’ Of Upstream Projects

The company expects startups of 2016 and 2017 projects to put in place 500,000 barrels per day of new net BP capacity by year-end 2017.

April 26, 2016
Schlumberger, Paal Kibsgaard, oil, drilling, technology, hydraulic fracturing, investment

New Technology, M&A Steer Investment For Schlumberger

The company plans to produce a new hydraulic fracturing system and a ‘land drilling system of the future.’

April 26, 2016
Midcontinent, drilling, contractors, tough, market, rig, Stack, Scoop, Woodford, shale, downturn, Heard In The Field, Hart Energy, report, survey, oil, gas

Drilling Contractors Face Tough Market In Midcontinent

Rig rates in the Stack, Scoop and Cana-Woodford areas, which had been some of the last U.S. markets to maintain drilling levels in the current downturn, are now among the lowest in the country.

April 25, 2016
refrac, refracturing, refrack, Baker Hughes, Weatherford, Fracknowledge, Eventure Global Technology, shale, unconventional, production

Panel: Refracturing Holds Economic, Production, Learning Opportunities

Talk of refracturing opportunities and challenges continue as companies seek cost efficiencies during a downturn brought on by a supply-demand imbalance.

April 22, 2016
Callon, petroleum, Midland Basin, acreage, establish, new, core, operating, Permian, Howard, Reagan, county, Texas, acquisition, Fred Callon, TRP, energy, Big Star, oil, gas, Moss Creek, Tall City, Plymouth, Encana, Athlon, hot spot

Callon Petroleum Adds Midland Basin Acreage, Establishes New Core

Callon has entered transactions to boost its position in the Midland Basin to about 34,000 net surface acres, including a new core operating area in one of the basin’s hot spots.

April 22, 2016
merican Energy, partners, Woodford, shale, subsidiary, Devon, noncore, change name, White Star, CNOW, deal, Oklahoma, Mississippi Lime, Aubrey McClendon, Elliot Chambers, Dave Hager, Energy Minerals Group, Jefferies, RBC Richardson Barr, Vinson Elkins, Po

American Energy Partners’ Woodford Subsidiary Snags Devon’s Noncore Assets, Changes Name

American Energy - Woodford is one step closer to becoming a stand-alone company following a name change and a deal with Devon Energy to double its footprint in the CNOW Play.

April 21, 2016
Nervana Systems, Naveen Rao, artificial intelligence, oil, gas, seismic, Paradigm, geoseismic

Artificial Intelligence Takes Shape In Oil, Gas Sector

A Silicon Valley-based deep learning, artificial intelligence company is using artificial neural networks to help find oil and gas using geoseismic data.

April 20, 2016