Fracing

Former EQT CEO: Shale Gas Revolution an ‘Unmitigated Disaster’ for Investors

Former EQT CEO: Shale Gas Revolution an ‘Unmitigated Disaster’ for Investors

Shale industry is self-desctucting: companies need to slash drilling, abandon production growth and deliver yield – Schlotterbeck

From S&P Global

The shale gas revolution is over and Appalachia’s top producers need to radically change their behavior if they want to …

July 1, 2019 - 5:08 am
Frackers Go Electric as Negative Gas Prices Spur Switch 

Frackers Go Electric as Negative Gas Prices Spur Switch 

From Bloomberg 

Move may help producers cut costs amid investor pressure 

Thrifty drillers have found a new use for the glut of natural gas that’s sent prices for the fuel below zero in America’s biggest shale patch: Use it to

June 27, 2019 - 10:01 am
Waste to Water: Oil and Gas Industry Looks to Mitigate Water Waste During Boom

Waste to Water: Oil and Gas Industry Looks to Mitigate Water Waste During Boom

Special Report From the Carlsbad Current-Argus

In New Mexico, hydraulic fracturing taxes a resource perpetually scarce in the desert region: water.

Hydraulic fracturing, or fracking as it is commonly called, blasts vast amounts of water, sand and chemicals through underground …

May 30, 2019 - 4:39 pm
Colorado Oil Regulator Urged to Stop Drilling at First New COGCC Meeting

Colorado Oil Regulator Urged to Stop Drilling at First New COGCC Meeting

From the Denver Business Journal

 

Some sections of SRC Energy’s Comprehensive Drilling Plan gain approval; PetroShare settlement for year-late integrity test unanimously rejected by commission

Anti-fracking activists and neighborhood residents urged Colorado’s oil regulatory agency Tuesday to stop new …

May 28, 2019 - 5:47 pm
Registration is Open for 24TH Annual The Oil & Gas Conference® in Denver

Registration is Open for 24TH Annual The Oil & Gas Conference® in Denver

EnerCom has posted presenting companies to date

EnerCom, Inc. has opened online registration is open for the 24rd annual edition of its popular The Oil & Gas Conference® in Denver, Colorado.

This year’s oil and gas investment conference will …

May 15, 2019 - 1:16 pm
DUCs Up

DUCs Up

Almost half the U.S. DUCs are in the Permian
The number of drilled but uncompleted wells (DUCs) in seven key U.S. oil and natural gas production regions has increased over the last two years, according to the EIA's count.

DUCs

May 6, 2019 - 1:03 pm
Britain’s Fracing Dream Is Fading Fast

Britain’s Fracing Dream Is Fading Fast

From Bloomberg

Britain’s quest to tap domestic supplies of shale gas is looking increasingly bleak as the government’s liaison between the industry and local communities resigned after just six months in the job.

Natascha Engel left the government appointed job …

April 29, 2019 - 5:10 pm
Colorado Energy Overhaul Law: Objective Criteria Items that will Trigger Further Review of Oil & Gas Applications

Colorado Energy Overhaul Law: Objective Criteria Items that will Trigger Further Review of Oil & Gas Applications

COGCC memo identifies the “Objective Criteria” that will trigger further review, could delay final determination of specific permit applications to ensure they comply with SB 19-181’s intent in advance of new rulemaking

10-day written comment period ends April 29

The …

April 24, 2019 - 2:16 pm
After Pioneer Asset Buy, ProPetro Revolver Increases to $300 Million

After Pioneer Asset Buy, ProPetro Revolver Increases to $300 Million

ProPetro Announces Expansion of Revolving Credit Facility

December 20, 2018 - 8:51 am
Price Increase from U.S. Silica Does Not Apply to Frac Sand

Price Increase from U.S. Silica Does Not Apply to Frac Sand

One of the large frac sand providers, U.S. Silica Holdings, Inc. (stock ticker: SLCA), said today that its Industrial and Specialty Products business for silica sand will increase 2019 prices for most of its non-contracted silica sand and …

December 5, 2018 - 1:57 pm
New Era for Colorado Oil and Gas Permitting and Regulation Starts Now - Oil & Gas 360

Colorado Ballot Initiative Came Closer to Shutting Down Drilling than Initial Count Indicated

Now that a final tally of votes is complete, it’s clear that the highly contested ballot proposal that would have imposed a chokehold 2,500-foot setback rule on new oil and gas drilling in Colorado was closer to being adopted than

November 28, 2018 - 5:39 pm
Oilfield Worker Shortage May Cause Thousands of Permian Basin Wells to Sit Idle in 2019

Oilfield Worker Shortage May Cause Thousands of Permian Basin Wells to Sit Idle in 2019

Oilfield offers big paydays but little job security

From Bloomberg/Dallas Morning News

Ryan Byrd worked five years in oilfields from China to West Texas. But after the worst price rout in a generation left him jobless, he’s not ready to …

November 16, 2018 - 6:32 am
Hi-Crush will Supply Northern White Frac Sand to Chesapeake’s Marcellus and PRB Ops

Hi-Crush will Supply Northern White Frac Sand to Chesapeake’s Marcellus and PRB Ops

Chesapeake Energy (stock ticker: CHK) has signed up with Hi-Crush Partners LP (stock ticker: HCLP) for a new, long-term frac sand supply agreement for the in-basin purchase of Northern White frac sand to support Chesapeake’s completions program in the Marcellus

November 14, 2018 - 5:01 pm
Drilling in Colorado Lives to See Another Day: Proposition 112 Fails - Photo: Oil & Gas 360

Drilling in Colorado Lives to See Another Day: Proposition 112 Fails

Colorado oil and gas companies breathe a sigh of relief - and their share prices respond
Turns out DCP Midstream CEO Wooter van Kempen's 'glass more than half full' philosophy was prophetic.

During his company’s Q3 conference call yesterday van

November 7, 2018 - 2:46 pm
1.5 Million Ballots are In but the Fate of Colorado Oil & Gas Development Will Remain a Mystery until Tuesday Night

1.5 Million Ballots are In but the Fate of Colorado Oil & Gas Development Will Remain a Mystery until Tuesday Night

With 1.5 million ballots turned in, the split between the Yes and No vote in an ‘Educated Guess Scenario’ for Prop 112 has closed to two-tenths of one percent
The Colorado Secretary of State published the latest ballot count this

November 5, 2018 - 5:10 pm
Schlumberger CEO Sees Temporary U.S. Frac Slowdown

Schlumberger CEO Sees Temporary U.S. Frac Slowdown

Schlumberger CEO Kibsgaard says several key customers said they will lay down all their frac fleets from middle November until middle January
No slowdown in international
Houston-based oilfield services giant Schlumberger (ticker: SLB) reported its Q3 results Friday and CEO

October 22, 2018 - 7:22 am
Colorado Ballots Arrive During Massive TV-Radio Ad Blitz

Colorado Ballots Arrive During Massive TV-Radio Ad Blitz

Both sides of 112 are advertising on Spotify as ballots are being delivered
The advertising messages to vote ‘No on Prop 112’ are everywhere you look and listen on Denver area TV and radio.

The stakes are high for the

October 19, 2018 - 5:46 pm
COGCC v. Martinez Colorado Supreme Court - photo: Oil & Gas 360

This was the Scene at the Colorado Supreme Court during the Martinez Case Oral Arguments

Just 500 feet from the courthouse, a pro-oil rally at the capitol steps asked people to "Vote No on Proposition 112" 
Below: summary of the Martinez case and breakdown of the oral arguments
It was a busy day for oil

October 19, 2018 - 7:50 am
UK Resumes Fracing After 7-Year Ban, Eyeing Energy Independence

UK Resumes Fracing After 7-Year Ban, Eyeing Energy Independence

EY study shows huge job, economic boost to Britain from fracing

From Sputnik News

Amid Brexit-related concerns and a nascent resurgence in domestic manufacturing, the UK moves to resume shale gas production in a bid for a greater energy sustainability. …

October 17, 2018 - 1:11 pm
Texas Professor Discovers Better Path to Identify and Frac Permian Sweet Spots, Avoid Drilling Poor Wells

Texas Professor Discovers Better Path to Identify and Frac Permian Sweet Spots, Avoid Drilling Poor Wells

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 …

October 16, 2018 - 1:29 pm
South Dakota School of Mines Researchers Look at Fracing to Improve Geothermal Energy Production

South Dakota School of Mines Researchers Look at Fracing to Improve Geothermal Energy Production

South Dakota School of Mines researchers believe fracking can be used at depth in hard rocks that contain no oil or gas to improve geothermal energy production. Fracing could enhance the use of the earth’s own heat as a source …

October 16, 2018 - 12:23 pm
Will Colorado’s Outperforming Economy Tank if Prop. 112 Succeeds at the Polls?

Will Colorado’s Outperforming Economy Tank if Prop. 112 Succeeds at the Polls?

If voters ban oil and gas drilling by voting in Prop 112, Colorado's rosy economic metrics could turn sour in 2019-2021 and beyond
In what may turn out to be a bit of economic irony, Colorado Secretary of State Wayne

October 16, 2018 - 7:59 am
Proposition 112: What Do Weld County’s Wattenberg Royalty Owners Say?

Proposition 112: What Do Weld County’s Wattenberg Royalty Owners Say?

CAMRO's Weld County meeting was held a stone's throw from the Greeley Stampede rodeo grounds
Weld County is ground zero for the Wattenberg field, the sweet spot of the DJ Basin, the place whose production made Colorado the nation’s No.

October 9, 2018 - 5:47 pm
Texas Sand, Pipeline Constraints Dog Wisconsin Frac Mines

Texas Sand, Pipeline Constraints Dog Wisconsin Frac Mines

From the La Crosse Tribune

A combination of competition and logistics snarls have led to the recent idling of Midwestern frac sand mines, but the slowdown may be temporary.

Hi-Crush notified the state on Tuesday that 37 people will lose …

October 5, 2018 - 1:16 pm
Looking at Both Sides of the Colorado Oil & Gas Setback Question

Looking at Both Sides of the Colorado Oil & Gas Setback Question

A Colorado TV station last week offered an attempt at a balanced story about Proposition 112—Oil & Gas setbacks. The ballot question comes up on the mail-in ballots going to voters beginning Oct. 15.

“Here’s how you’ll hear Proposition 112 …

October 2, 2018 - 5:58 pm
Will 100,000 Phone Calls Be Able to Stop Oil and Gas Companies from Drilling in Colorado?

Will 100,000 Phone Calls Be Able to Stop Oil and Gas Companies from Drilling in Colorado?

It’s shaping up to be the power of advertising vs. the power of personal phone calls.

At least that’s what the two opposing forces are doing to promote their polar opposite views of Proposition 112 as voters begin to think …

September 26, 2018 - 5:47 pm
Can Extraction Oil and Gas Make Fracing Fit the Suburbs? 

Can Extraction Oil and Gas Make Fracing Fit the Suburbs? 

From the Denver Business Journal

A drilling agreement reached this month between Extraction Oil and Gas and the city of Broomfield details plans for 84 new oil and gas wells.

It took the Denver-based company more than two years to …

September 18, 2018 - 2:23 pm
Oil and Gas Industry: Colorado Supreme Court Sets Date to Hear Oral Arguments in COGCC v. Martinez

Oil and Gas Industry: Colorado Supreme Court Sets Date to Hear Oral Arguments in COGCC v. Martinez

Colorado oil and gas regulation: is the State’s task to balance oil & gas development with public health, safety and welfare?

Colorado’s high court will soon hear oral arguments in a case whose outcome could reshuffle the criteria the COGCC

September 12, 2018 - 1:14 pm
Colorado Could Potentially See the End of Oil & Gas Drilling if Voters Pass Initiative 97 on Nov. 6

Colorado Could Potentially See the End of Oil & Gas Drilling if Voters Pass Initiative 97 on Nov. 6

It’s a scenario that could possibly send oil and gas reserve values toward $0 and start an exodus of energy companies, capital investment and high paying jobs from the state

From “theoretical to real” in a day

The threat to …

August 30, 2018 - 6:59 pm
Texas Oil Drilling Driving ‘Extreme’ Demand for Wisconsin Frac Sand: IHS

Texas Oil Drilling Driving ‘Extreme’ Demand for Wisconsin Frac Sand: IHS

From Madison.com

Domestic drilling for oil and natural gas is expected to drive “extreme” demand for the frac sand prevalent throughout western Wisconsin.

The value of proppant sand will exceed $4 billion this year and is expected to grow to …

August 27, 2018 - 2:46 pm