Technical Roundtable: Stephen Roberts, Gastar Exploration; Stephen Ingram, Halliburton; Amanda Seholm, Baker Hughes (2017)
Longer laterals, more stages, much more proppant—this roundtable of operations and service executives from Halliburton, Baker Hughes and Gastar Exploration are using all the latest techniques and thinking to deliver higher-rate wells with larger EURs. Join the discussion on what the industry currently thinks about fluid intensity, proppant loading and the key challenges that must be addressed to achieve even better outcomes.
ConocoPhillips Runs Up Score With Anadarko Panhandle Sale
The company, which anticipated selling up to $8 billion in assets over a three-year period, has this year announced or closed deals valued at $16.8 billion.
Kimbell Adds ORRI In More Than 1 Million Anadarko Basin Acres
The acquisition primarily consists of assets located in the Texas Panhandle and Northwest portion of Oklahoma and is substantially all HBP, Fort Worth, Texas-based Kimbell Royalty Partners said.
Oilfield Automation: How E&Ps Stay Profitable At Stagnant Oil Prices
Whether ‘lower for longer,’ ‘lower forever’ or the ‘new normal,’ oil prices in the $50 range require E&Ps to rethink how to do business.
Supreme Court Rejects Chesapeake's Bid In Bonds Dispute
The justices refused to hear Oklahoma City-based Chesapeake's appeal of a September 2016 ruling by the New York-based 2nd U.S. Circuit Court of Appeals in favor of bondholders.
Less Exploration Spend, Falling Reserves Could Mean Supply Shortfall
The head of the world’s largest oilfield service company says the world could face a medium-term supply deficit given today’s reserves depletion rate and falling exploration spending.
Halliburton Reports Smaller Quarterly Loss
Net loss attributable to Halliburton narrowed to $32 million, or 4 cents per share, in the first quarter ended March 31, from $2.41 billion, or $2.81 per share, a year earlier.
North America, Technology Lift Schlumberger To Profit
North America revenue grew by 6% to $1.9 billion, while international revenue dropped by 7% to about $4.9 billion compared with the previous quarter.
Crude Oil, Gas Outlook: The New Bullish
For crude prices to average $50 to $52 in 2017, OPEC must extend quotas and maintain compliance, and demand must increase, according to a report.
US-Mexico Natgas Pipeline Exports Fall While LNG Deliveries Rise
U.S. natural gas pipeline exports to Mexico fell to their lowest level since June 2015, while the first tankers from the United States started delivering LNG to Mexico's Gulf Coast.