UOGM Top Story archive

18 September 2018, Week 37, Issue 424

Energy companies did not identify the full range of chemicals used in drilling and hydraulic fracturing for natural gas in more than half of the wells developed in Pennsylvania between 2013 and...

11 September, Week 36, Issue 423

The western Permian Basin, in New Mexico, is booming. The land rush and drilling boom has in the past centred on the Texas portion of the shale-oriented region, but New Mexico is now centre-stage...

04 September 2018, Week 35, Issue 422

A new shale gas exploration and production base will be established in the central Chinese province of Hubei.

28 August 2018, Week 34, Issue 421

Eclipse Resources and Blue Ridge Mountain Resources announced this week that they have agreed to merge in an all-stock transaction valued at around US$908 million. The deal will create one of the...

21 August 2018, Week 33, Issue 420

Carrizo Oil & Gas is acquiring almost 10,000 net acres (40 square km) in the Permian Basin from Oklahoma-based Devon Energy for US$215 million. The properties, located in the Permian’s...

14 August 2018, Week 32, Issue 419

Diamondback Energy has entered into a definitive purchase agreement to acquire all leasehold interests and related assets of Permian Basin-focused Ajax Resources for US$900 million in cash and 2....

07 August 2018, Week 31, Issue 418

Targa Resources is teaming up with subsidiaries of NextEra Energy Resources and Marathon Petroleum, as well as WhiteWater Midstream, to build a 620-mile (998-km) gas pipeline system from the...

31 July 2018, Week 30, Issue 417

Patterson-UTI Energy, a major operator of onshore rigs in the US, has said that it will temporarily stop deploying new pressure pumping fleets to hydraulically fracture oil and gas wells. Company...

24 July 2018, Week 29, Issue 416

Plains All American Pipeline has been denied a request to exclude its planned Cactus II crude pipeline from the 25% steel tariff introduced by US President Donald Trump earlier this year.

17 July 2018, Week 28, Issue 415

North Dakota has achieved new records for both oil and gas production, according to preliminary state data for May. The North Dakota Department of Mineral Resources (DMR) said on July 13 that...

10 July 2018, Week 27, Issue 414

Noble Energy has said that that it has supplemented its Delaware Basin takeaway with an additional firm sales agreement to transport oil to Corpus Christi on the Texas Gulf Coast. The independent’...

03 July 2018, Week 26, Issue 413

Ascent Resources has agreed to buy US$1.5 billion in Utica shale assets in separate transactions. The assets are being bought from Hess, CNX Resources, Utica Minerals Development and a fourth...

26 June 2018, Week 25, Issue 412

The number of drilled but uncompleted (DUC) wells in the Permian Basin has almost doubled in the last year. In fact, over 40% of the US’ DUCs in May were located in the Permian Basin, the country’...

19 June 2018, Week 24, Issue 411

PetroChina has announced high flow rates from a deep shale well in Chongqing, southwestern China.

12 June 2018, Week 23, Issue 410

First-round bids for BHP’s US shale portfolio have valued the assets at around US$7-9 billion, sources familiar with the matter told Bloomberg on June 5. 

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