Leading independents in the Permian Basin—Diamondback, Pioneer and Concho—are preparing to release quarterly results this week, which are expected to show a cautious approach for the year ahead.
A recent contract for Evolution Well Services to supply electric fracking services comes as shale drillers are increasingly setting higher environmental targets.
The energy regulator has approved three new LNG export projects plus an expansion of an existing facility in Texas, though the facilities are not guaranteed to go forward.
The LNG market is evolving rapidly, but it still has some way to go in the commoditization process.
Exxon Mobil and ConocoPhillips are both sharpening their focus on domestic operations, having sold billions of dollars’ worth of mature assets elsewhere.
The multibillion-dollar sale of BP’s Alaska business to Hilcorp illustrates the divergent strategies of the majors from private oil and gas players, analysts say.
A division of Chevron Phillips Chemical Company LP is supplying EVX Midstream Partners LLC with a new type of plastic pipe for a saltwater disposal pipeline project.
A recent report finds hydraulic fracturing activity in the Permian Basin was underreported by more than 20%. What does that mean for well efficiency?
Permian production had previously been forecast by the EIA to hit 4.23 MMbbl/d in July, marking an increase of 55,000 bbl/d from June. However, the figure was revised downwards this month, with the agency now projecting that output will reach 4.17 MMbbl/d in July.
The booming US LNG industry are increasingly seeking other markets as a second wave of LNG project construction begins.
