- Tight Gas & Oil
- Gas Hydrates
Halliburton posts a 34% increase over the same period last year. The company has delivered the highest returns in the industry for the last five quarters, its CEO said.
Leading shale oil producers are generating significant free cash with oil prices at present levels.
As Canada’s domestic producers export heavy crude to the U.S. refiners on the Gulf Coast, many of the country’s refineries are forced to import volumes of light oil.
Canyon Creek CEO Luke Essman said the JV partnership with Pivotal Petroleum Partners signals a renewed interest in the Arkoma.
The company’s chief executive says more global E&P spending is needed to minimize an impending production deficit.
Khalid al-Falih, the energy minister of Saudi Arabia and OPEC’s de facto leader, said prior to the U.S. president’s tweet that the world economy could handle higher oil prices.
Both midstream and upstream must navigate through changes in the energy business, says IHS Markit expert.
Pure Acquisition, led by Jack D. Hightower, is the latest blank-check company to emerge with an industry veteran at its helm.
The Beast in the East will roar this year as the Marcellus reaches an inflection point. Bigger wells can fill the takeaway coming onstream.
At the GPA Midstream annual convention, Horace Hobbs, an economist for Phillips 66, said the industry has returned to a demand footing after 45 years of focusing on supply.
The so-called USE It Act encourages carbon capture, utilization and sequestration projects with focus on technology development and adding commercial value such as for CO2 EOR.
The economic impact of Bahrain’s recent oil discovery depends on how much of the estimated reserves are commercially viable to extract.