With shale production booming, why does the U.S. still import oil? It’s a common question. The U.S. shale boom has had a profound effect on the U.S. energy industry, on world energy markets and on geopolitics—in little more than a decade. It’s true that growing oil production from tight formations and shale beds has changed things in the U.S. Not
NBL, PDCE, REN, WPX and EOG are county’s best producers Reeves County, Texas is currently the most active county in the U.S. by rig count, as it lies near the heart of the massively popular Delaware Basin. Capital One released a “deep dive” into this county today, identifying the best producers in the area. According to Baker Hughes, there are
Firm predicts $1.2 trillion spend on drilling and well services from 2017-21 The oilfield service industry will begin to recover from the effects of the downturn in 2017, according to a note released by Douglas Westwood. In total, $1,185 billion is expected to be spent on drilling and well services from 2017 to 2021. This forecast represents a 1.6% increase
PJM Capacity Auction Sees Strong Response From Market Participants To Strict Performance Standards
Chesapeake Energy Corporation (NYSE: CHK) announced today that it has commenced cash tender offers to purchase up to $750,000,000 aggregate purchase price, exclusive of accrued interest, of outstanding notes of Chesapeake . No more than $200,000,000 aggregate purchase price, exclusive of accrued interest , of 6.625% Senior Notes due 2020 and 6.875% Senior Notes due 2020, and no more than
Kansas Corporation Commission Denies Great Plains Energy and Westar Energy Petition for Reconsideration
Yuma Energy, Inc. (ticker: YUMA) said it has sold its wholly owned subsidiary’s El Halcón property for $5.5 million. The assets are located in Brazos County, Texas, and Yuma held an average working interest of approximately 10% (1,557 net acres) producing approximately 140 Boe/d net from 50 Eagle Ford wells and one Austin Chalk well. Yuma also announced that on May 19, 2017 the lenders under its
Sanchez Energy to Pay Dividends on Series A and Series B Convertible Perpetual Preferred Stock in Common Stock
Bristow Group Reports Fiscal Fourth Quarter and Full Fiscal Year 2017 Results
Five Tips for Cleaner Air and a Greener Wallet from Georgia’s Clean Air Force
Marquee Energy Ltd. Provides Operational Update
Aegean Marine Petroleum Network Inc. Announces First Quarter 2017 Financial Results
