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RSS LATEST NEWS

  • You Saw Technology Focused on Boosting Recoveries, Lowering E&P Costs – “Tech Day” Recap Part 3
    “Geophysics has transitioned from simply finding the resource to defining and understanding it” – MicroSeismic’s Carl Neuhaus  After The Oil & Gas Conference® wrapped up in Denver last week, EnerCom hosted the debut of Oilfield Tech & Innovation Day, where the latest technologies for the E&P industry were the focus. The day was designed for […]
  • EnerCom’s Oilfield Tech Innovators Let Operators Hear, Heal, Clean and Stimulate Downhole – “Tech Day” Recap Part 2
    “As drilling gets more efficient, more capital is being allocated to completions” – Cold Bore Technology’s Tyler Sanden Last week, following The Oil & Gas Conference® in Denver, EnerCom hosted the debut of Oilfield Tech & Innovation Day, at which technology developers with solutions tailored primarily for the E&P industry presented their strategies and technologies. […]
  • WPX Drills Lateral Well at a Record of Nearly 350 Feet per Hour
    8,370 lateral feet drilled in 24 hours WPX Energy, in a post on Facebook, recorded what may be a new drilling record today. The company may have chalked up the fastest lateral drilling ever achieved for an oil and gas well. According to the post on the company’s Facebook page, WPX’s San Juan Basin team, […]
  • BHP Looks to Sell its U.S. Shale Assets: We are Prepared to be Patient
    Sale signals success for Paul Singer’s activist efforts BHP Billiton (ticker: BHP) announced its intent to exit its onshore U.S. oil and gas operations, after a long campaign by activist investor Paul Singer. BHP reported fiscal year-end results today, showing attributable profit of nearly $5.9 billion, or $1.107 per share. In the conference call, BHP […]
  • Sanchez Sells Dry Gas Portion of Eagle Ford Acreage for $105 Million
    No current plans to develop sold properties Sanchez Energy (ticker: SN) announced the sale of a portion of its Eagle Ford assets last week in a $105 million all-cash deal. Sanchez is divesting the Javelina portion of its acreage, totaling about 70,000 acres. Unlike most of the company’s acreage, Javelina is entirely in the dry […]
  • Mexico Looks to Replicate U.S. Shale Success
    Private companies may investigate Mexican portion of the Eagle Ford Mexico is beginning to recognize the benefits of private investment, and is opening its Burgos basin to development by private companies. This is notable as the Burgos basin has been the domain of state-owned PEMEX since 1938. The Burgos Basin is located directly south of […]
  • Finding More than Oil in North Dakota
    North Dakota Geological Survey makes history in 2017 with T-Rex teeth discoveries BISMARCK- The North Dakota Geological Survey through the Paleontology program made history – not once, but three times – during a public fossil dig south of Bismarck, Thursday, August 17th. History was first made when a dig participant found the largest, intact tooth […]