From the Midland Reporter-Telegram
University of Texas of the Permian Basin Professor Ahmed Alzahabi has been studying shale rock for the past four years.
As Permian Basin oil and gas operators seek to optimize production in their wells by better …
From The Daily Caller
Internal polls suggest a Colorado ballot initiative effectively banning fracking in the state is likely to pass with more than 60 percent support, Axios reported Monday.
Coloradans are preparing to vote in November on an initiative …
HighPoint Resources Corporation (ticker: HPR) reported a net income loss of $24.9 million, or $(0.20) per share for the first quarter of 2018. HighPoint produced 1.91 MMBoe in the quarter, which was at the midpoint of its guidance range of …
Sanchez Energy Corporation (ticker: SN) reported a net loss of $4.8 million for the first quarter 2018, or $(0.30) per share attributable to common stockholders. The quarter included $24.4 million in non-cash mark-to-market losses related to hedging activities, Sanchez said.…
Hi-Crush Partners LP (ticker: HCLP) reported a Q1 2018 net income of $53.1 million, or $0.59 per diluted share. Revenues for the quarter totaled $218.1 million on sales of 2,617,627 tons of frac sand. Capital expenditures in Q1 2018 were …
From Financial Express
Guar gum, an extract of guar seeds, was used primarily as just a stabilizing agent in ice creams and personal care products a decade ago. Then the shale boom took place and giant US corporations like Halliburton …
Select Sands Corp. (ticker: SNS) reported full-year revenues of $15.1 million, with a gross profit of $2.9 million. However, the company had a full-year net loss of $1.6 million, or $(0.02) …
Eclipse Resources Corporation (ticker: ECR) successfully drilled its longest Utica Dry Gas well to date. The Wiley D 8H had a …
DJ Basin focused PetroShare Corp. (ticker: PRHR) reported yearend proved reserves of approximately 7.9 MMBOE, a 25% increase over 2016 yearend proved reserves. The PV-10 value was about $59 million and the volume of the proved reserves is split 67% …
Newly public Liberty Oilfield Services Inc. (ticker: LBRT) earned $45 million, or $0.30 per share in Q4 2017.
For the full …
STEP Energy Services Ltd. has entered into an agreement to acquire all of the issued and outstanding capital stock of Tucker Energy Services Holdings, Inc. for total cash …
Energen Corporation (ticker: EGN) released financial and operating results for the fourth quarter and calendar year ended December 31, 2017.
“Over the last five years, the board and management have strategically divested non-core assets and transformed Energen into a low-cost …
Hi-Crush Partners LP (ticker: HCLP) reported its Q4 and full year 2017 results. Revenues for the fourth quarter of 2017 totaled $216.5 million on sales of 2,985,115 tons of frac sand. This compares to $167.6 million of revenues on sales …
Weatherford International plc (ticker: WFT) reported a net loss of $1.94 billion, or a loss of ($1.95) per share for the fourth quarter of 2017. Non-GAAP net loss for the fourth quarter of 2017, excluding charges and credits, was $329 …
Early today Goodrich Petroleum Corporation (ticker: GDP) announce a preliminary capital expenditure budget for 2018 of $65 to $75 million.
100% of the coming year’s budget will be allocated to the company’s core acreage in the Haynesville Shale in the …
Is sand the next battleground for energy development? The early salvos are taking place in Minnesota’s Winona County.
In late 2016, Winona County commissioners voted to ban what the Minneapolis Star Tribune …
Every corner of the oil and gas industry has felt the effects of lower commodity prices since prices fell off drastically November of last year. Even …
The United States and Canada are the only two countries in the world to commercially produce both shale gas and tight oil, the Energy Information Administration said on February 13, 2015. Two other countries, China and Argentina, are the only …
CARBO Ceramics (ticker: CRR), a production enhancement services provider based in Houston, Texas, is not immune from the recent commodity downswing. Even though United States production is expected to remain flat or even increase through 2015, the declining rig count …
Oil & Gas 360® received an email from a reader, asking us to think about the spelling of the word Frac versus Frack. Now, dear readers, we are in the Frac camp. For a couple of reasons. First, there’s no …
