Growth In A Down Market

A Pennsylvania-based oilfield service firm is enjoying robust growth, thanks to its emphasis on quality, safety and its innovative approach to forming key strategic alliances.

March 27, 2015

States Feel The Sting Of Falling Oil Tax Revenues

North Dakota has cut billions from its budget, Texas revenue is down 40% in February, and Alaska is 90% dependent on oil revenues.

March 27, 2015

Respect Earned: Oklahoma’s Woodford Works Through Downturn

Small-, mid- and large-cap players continue investment in the shale play as E&Ps see dynamic wells and healthy returns in the Midcontinent despite a sour commodity environment.

March 27, 2015

The New Frontier: North Carolina Shale

Interest in North Carolina's Triassic Basin shale deposits has grown in recent years, but the region’s resources remain largely undiscovered.

March 27, 2015
Springer, Midcontinent, Karnes Trough, Eagle Ford, Nesson Anticline, Bakken, Wood Mackenzie, Lower 48, oil, OPEC, Saudi Arabia, Devon, Hess, Apache, Chesapeake

‘Utter Collapse’ Of Spending Might Cause US Production To Falter

With the shock value of 20% to 80% capex cuts fading, producers might start pulling back production as the oil market keeps tightening and Saudi Arabia flexes its economic muscles. 

March 25, 2015

Companies Reveal New Techniques, Formations In Eagle Ford

Impacts from falling commodity prices is old news. The new news at Scotia Howard Weil is about new techniques to develop additional formations in the Eagle Ford and develop ways to reduce the cost of deepwater development.

March 25, 2015

Why US Oil Production Will Grow Despite Lower Prices

Operators are employing several tools to increase production despite budget cutbacks, including high grading acreage, high-intensity completions and leveraging lower service costs to navigate the new low oil price era. 

March 24, 2015
East Texas, Arkoma, Southwestern Energy,  Ark-La-Tex, shale play, A&D, M&A, oil, natural gas

Southwestern Turns Impressive Double Play With Asset Sales

In the span of two days Southwestern Energy sells its Pennsylvania gathering system, along with its East Texas, Arkoma Basin assets for more than $700 million.

March 23, 2015

US Sets New Rules For Fracking On Federal Lands

Since the release of the new mandates, several oil and gas industry organizations have voiced their opposition saying they are duplicative and “a step in the wrong direction.”

March 23, 2015
Jed DiPaolo, Duff & Phelps, oil, gas

Ignore The Light, Focus On The Tunnel

Industry veteran warns that the downturn could be a three-to-four-year issue—and much tougher than anticipated. "Make sure you have liquidity to 2018," he says.

March 20, 2015
Marcellus, Southwestern Energy, Pennsylvania, Howard Midstream, Fayetteville, A&D, M&A, divestiture, sell, assets, chesapeake energy, WPX, Statoil, Appalachia

Southwestern Swiftly Deals Midstream Assets To Plug Budget Hole

After spending more than $5 billion in the Marcellus and buying assets from Statoil and WPX, the company plans to divest up to $800 million to overcome a cash flow gap.

March 19, 2015

EPA Regs Will Damage Industry, Oil, Gas Groups Warn

Energy trade associations say the U.S. Environmental Protection Agency’s recent proposal for stricter air quality standards is premature and current standards have not been fully implemented.

March 19, 2015