Deals, interest, stirs, oilfield, service, companies, MRC Global, oil country tubular goods, sell, acquire, Andrew Lane, pressure pumper, Keane Group, Trican, Sooner, pipe, Tubular, Wilks Brothers, Forbes, fracking, Hart Energy, Emily Moser

Deals, Interest Stirs Among Oilfield Service Companies

Houston-based service company MRC Global entered into an agreement to sell its U.S. oil country tubular goods, which follows a sale in late January by Canada's largest pressure pumper.

2:00 pm
Well stimulation, pricing, bottomed, Marcellus, Utica, shale, Appalachia, Hart Energy, heard in the field, report, survey, oil, gas, prices, pressure pumping, rigs

Has Well Stimulation Pricing Bottomed In The Marcellus?

Winter-time natural gas demand has kept activity for Marcellus well stimulation providers steady, albeit at low levels. In the meantime, providers wait for prices to improve.

9:00 am

Crestwood Battles Basis Degradation In Northeast Marcellus

Senior Vice President Mark Mitchell says current oversupplied market condition posed significant challenges.

February 10, 2016
NAPE, Dan Naatz, IPAA, President, Obama, oil, gas, ground, regulatory, climate change, fracking, budget, Clean Power Plan, coal, federal, Hart Energy, Emily Moser

IPAA: Obama’s Agenda Remains Keeping Oil, Gas In The Ground

The president may have moved forward with healthcare reform when he first took office, but now he’s aggressively pursuing climate change and using the regulatory process to achieve his goal.

February 10, 2016
WTI, Henry Hub, oil, gas, prices, production, inventory

Feds: Gasoline Hits 12-Year Low; Crude Inventory Highest Since 1930

U.S. oil stocks are higher than at any time since 1930 and are expected to build even higher by April as WTI feels the pain.

February 9, 2016
Chesapeake, bankruptcy, debt, attorney, acquisition, divest

Chesapeake Counters Market Knee-Jerk, Says It’s Not Filing Bankruptcy

A news report that said the company had hired a restructuring attorney sent the price of the stock tumbling, but Chesapeake countered it had no intention of filing for bankruptcy.

February 8, 2016
oil tax, Obama, price, commodity, climate change, Republican, Congress, election

Obama’s $10 Oil Tax Would Be ‘Death Sentence’ To Industry

President Barack Obama is proposing to pay for clean energy investments by placing a $10 per barrel oil fee as the industry grapples with low prices. Congressional leaders said the plan is dead on arrival.

February 5, 2016
A&D, Devon, Encana, RBC, Craig Lande, 2016, oil, gas

Moving On: Why A&D Activity Will Increase In 2016

Craig Lande, managing director at RBC Richardson Barr, says A&D will be different in 2016: capital markets are tightening, 20% of production is hedged and demand is hopelessly outmatched by supply.

February 4, 2016
John Paisie, Stratas Advisors

Giving Oil And Gas Executives A Gameplan For 2016

At Hart Energy’s Viewpoint Executive Energy Club, Stratas Advisors directors gave industry executives a wide-ranging view and key to competing in the upcoming year.

February 4, 2016
schlumberger, Keane, private equity, A&D, oilfield services, pressure pumping

Oilfield Service Companies Buy Now To Live Another Day

Pressure pumpers are seeing bids cluster, a signal that concessions for E&Ps may have bottomed and that some oilfield service companies may start to fall by the wayside.

February 4, 2016

Growth By Coming Together: MPLX And MarkWest

Marathon Pipe Line’s president Craig Pierson openly discussed one of the year’s largest energy-industry mergers at Hart Energy’s Marcellus-Utica Conference & Exhibition.

February 3, 2016

The Marcellus-Utica’s Growing Canadian Influence

The size of the Marcellus and Utica shales is impressive enough, according to the U.S. Energy Information Administration—the Marcellus has an estimated 354 trillion cubic feet (Tcf) of recoverable natural gas, while the Utica has about 45 Tcfe. As the region’s oil and gas industry has grown, so has its reach. 

February 2, 2016