United States of America
SCOOP/STACK Play – Oklahoma The SCOOP/STACK continued to shed oil rigs in August according to both the Baker Hughes and Enverus rig count numbers, as operators continued to pare back drilling budgets for the second half of 2019. According to Enverus (formerly DrillingInfo), the count in the Anadarko Basin —...
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I got a little irritated Thursday evening when a writer at the National Review Online claimed that the "feds" had "discovered" the largest oil and gas reserve in history, and responded on Twitter as follows: https://twitter.com/GDBlackmon/status/1070812216482500614 I mean, c'mon, how hard is this to understand? The federal government had literally nothing to...
Jul 19, 2021   Corpus Christi, TX, USA – The Port of Corpus Christi ended June 2021 with a new record quarter and a record first half of the year, moving nearly 80.5 million tons of cargo in the first six months of the year. The Port’s first-half 2021 total tonnage yielded...
PRESS RELEASE UPDATED: SEP 28, 2021 Meridian Energy Group BELFIELD, N.D., September 28, 2021 (Newswire.com) - Meridian Energy Group Inc., a leading innovator in the petroleum-refining industry, announced today that it has entered into a long-term offtake agreement with Musket Corporation, a leading commodity supply, trading and logistics company, for the...
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Bakken Shale - North Dakota/Montana Due to ongoing booming production from the nation’s second-largest oil producing basin, Energy Transfer announced it was expanding the capacity in its Dakota Access Pipeline system to 570,000 bpd. The company said it had moved more than 500,000 bpd during the fourth quarter of...
INSTEAD OF A PREDICTION, HERE’S A PLAN
Oct 11, 2021 HOUSTON, Oct. 11, 2021 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced its subsidiary, Apache Corporation, has ended routine flaring in its U.S. onshore operations, achieving one of its 2021 ESG goals three months ahead of schedule. “In early 2021, we set out to eliminate routine flaring...
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. Bakken Shale – North Dakota/Montana Citing strong success in their 2018 drilling and production efforts, both Marathon and Hess announced in December that they plan to expand their positions and activities in the region during 2019. Hess said it would expand its Bakken drilling program from four to six active...
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Bakken Shale – North Dakota/Montana Rising oil prices and rapidly advancing hydraulic fracturing and drilling technologies are leading to increased interest in the Bakken region once again. A good example of this growing trend came in late April when Hess Corp. announced it would be ramping up its drilling program...
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Bakken Shale – North Dakota/Montana The Bakken is another shale play that is currently experiencing a boost in capital being reallocated out of the Permian Basin. A new report from Bank of America Merrill Lynch finds that year-to-date drilling activity for the Bakken is 20 percent higher than in the...
Shale Play Short Takes
Bakken Shale – North Dakota/Montana Kinder Morgan and Tallgrass Energy announced that they will expand their jointly-operated Hiland Crude Pipeline system. The expanded system will be capable of moving Bakken crude to markets on the East Coast of the U.S., and to Cushing, Oklahoma. A new report by ESAI...