Permian Basin
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Instead of burning money, why not make electricity? This is the big pitch being made by a growing number of technology companies who see green every time they see a red-hot flare burning associated gas.
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NGL Energy Partners announces acreage dedication for Delaware Basin water transport and disposal
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Sometimes problems turn out to be an opportunity to try something new. In this case, the result was a well design unlike anything most in the shale sector have seen before.
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Production data from the oldest horizontal wells in the three largest oil plays in the US show that annual decline rates remain relatively high for a long period of time. This challenges assumptions held about production after 5 years and directly affects reserve and ultimate recovery estimates.
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Telecommunication companies will spend the next 12 months rolling out 5G service for cell phone users across the United States while a Houston company seeks to become the first to provide the ultrahigh-speed technology to oil and gas industry customers in the Permian Basin.
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The latest move to consolidate the US shale sector will add 1,500 drilling locations to the buyer's portfolio. It also reflects that all-stock or mostly-stock deals are now the sector’s preferred acquisition vehicle.
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A new report says that production growth in the world’s most prolific unconventional basin is on the verge of stalling out.
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The data analytics firm projects US dry gas output growth will shrink to 2 Bcf/D next year from 8–9 Bcf/D in 2018 and 2019.
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As The Environmental Partnership celebrates its second anniversary, the coalition of oil and natural gas companies has grown 150% to 70 members while continuing efforts to reduce emissions from natural gas production.
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According to a new report from the EIA, the volume of natural gas reported as flared reached its highest average annual level in 2018, 1.28 Bcf/D. With production soaring in the Bakken, Permian, and Eagle Ford plays, North Dakota and Texas accounted for more than 80% of that total.