Shale CEOs, TX regulators discuss US oil cuts in historic call
North American Shale magazine
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4y ago
The Railroad Commission of Texas (RRC) held a historic hearing today to discuss with and hear from oil producers and industry leaders about the possibility of oil production proration in Texas ..read more
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TX petrochem maker taking advantage of low price shale gas
North American Shale magazine
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4y ago
Trecora Resources, a provider of specialty hydrocarbons and specialty waxes, has signed a multi-year extension with Martin Operating Partnership L.P. for the supply of natural gasoline ..read more
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OPEC, Russia production cut agreement impacts global supply curve
North American Shale magazine
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4y ago
Starting May 1, the participating countries will work together to curtail 9.7 mb/d for at least two months. Over the next six month period, the production curtailment will be roughly 7.7 mb/d and then another 5.8 mb/d for 16 months ..read more
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Oilfield housing giant details plans for, impact of COVID-19
North American Shale magazine
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4y ago
Target Hospitality Corp., the largest provider of vertically-integrated specialty hospitality accommodations with premium catering and value-added hospitality services in the oilfields of the U.S., has special plans for handling COVID-19 ..read more
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Morphpackers new downhole tech helps Eagle Ford refracs
North American Shale magazine
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4y ago
Morphpacker's highly innovative hydraulic production anchor, the Cementable MorphAnchor, has reached 25 installations. Operators in the Eagle Ford are refracturing existing wells with the CMA ..read more
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Bakken field gas powering COVID-19 vaccine research
North American Shale magazine
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4y ago
Crusoe has configured eight of its most advanced graphic processing units to support the Consortium’s vaccine development project, and commenced work units for COVID-19 research in Crusoe’s field operations center in North Dakota earlier this week ..read more
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North American shale firms update 2020 plans
North American Shale magazine
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4y ago
In the absence of any further negotiations or agreements from OPEC and Russia to reign in global production, tight shale oil and gas producers based in the U.S. are changing their plans for 2020 ..read more
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US shale players respond to oil price drop, COVID-19
North American Shale magazine
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4y ago
The uncertainties created by COVID-19, the oil price war escalation between Russia and OPEC and the resulting oil price decrease to levels not seen since 2015, major U.S. shale players are making it clear: operations will continue at lower scale ..read more
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Continental explains 2020 shale plan
North American Shale magazine
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4y ago
Continental Resources will spend roughly $2.2 billion in 2020 to further develop its Williston Basin and SCOOP/STACK portfolio. The planned spending total is flat compared to the previous year ..read more
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Saudi Aramco eyes massive shale gas field
North American Shale magazine
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4y ago
Saudi Aramco, the Saudi Arabia-owned oil and gas production conglomerate that issued a $25.6 billion initial public offering earlier this year, is now pursuing shale gas inside the borders of Saudi Arabia ..read more
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