Permian Basin


All posts for Permian Basin

Increased Permian Production Helped US Crude Levels Surpass Forecasts

Kayrros global field monitoring revealed aggressive growth in the Permian Basin in March 2018, which will likely reduce its capacity problems sooner than expected.  Texas oil production grew in March 2018 largely driven by the Permian Basin, although the Eagle Ford also ...

Kayrros


Posted 1 year agoOpinion > Oil and GasOilgas +9

Private Operators are Stepping Up in the Permian

In the Permian Basin , arguably the most important driver of oil production growth in North America, a puzzling trend is developing. As the basin experiences acute service-side bottlenecks and takeaway capacity concerns, activity levels continue to rise as does interest from private operators . ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Rystad EnergyPermian BasinNorth America +5

Fine: No Such Thing As 'Free Trade' With OPEC as a Cartel

Among some speakers at the 2018 Four Corners Oil and Gas Conference last month in Farmington there were evasive positions on the future of OPEC. Also, previous online or media positions of “free trade” were muted to be popular with the oil, gas and equipment operators who made up those in attendanc ...

Will Fine


Posted 1 year agoOpinion > Kingdom of Saudi ArabiaSaudi Arabiasaudi +68

Nostra Terra - Permian Basin - C8 Operations Update

Permian Basin - C8 Operations Update  Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, announces that it has shut down operations at the C8 Well ("C8"), having unexpectedly encountered a high pressure inflow of salt wate ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Nostra Terra Oil & GasPermian BasinAIM

Nostra Terra - Permian Basin G6 Well - Total Depth and Results

Permian Basin G6 Well - Total Depth and Results   Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce that its G6 well located in Mitchell County, Texas in the Permian Basin, has been successfully ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Nostra Terra Oil & GasPermian BasinAIM

Shale Support Inks Deal as Exclusive Provider for Northeast Facility

SHALE SUPPORT INKS DEAL AS EXCLUSIVE PROVIDER FOR NORTHEAST FACILITY May 9, 2018 (HOUSTON) – Shale Support Holdings, LLC , a leading provider of frac-sands and logistical solutions to the oil and gas proppant market, today announced it has finalized a deal making it the exclusive supply compa ...

Kristen Quinn


Posted 1 year agoPress > frac sandFrackinglogistics +13

Dr. Daniel Fine: Oil Speculation and Natural Gas/LNG in New England and Russia

American oil production is poised to reach upward to 11 million barrels of oil per day if the price of West Texas Crude reaches $75 a barrel.   Saudi Arabia or Saudi Aramco believes it will, and commodity speculators are following. It is similar to 2008 in June when Goldman Sachs forecast $250 per ...

Will Fine


Posted 1 year agoOpinion > Kingdom of Saudi ArabiaSaudi ArabiaSaudi Arabia Oil +34

U.S. Crude Oil Production Growth Projected to be Led by Light, Sweet Crude Oil

Source: U.S. Energy Information Administration, Annual Energy Outlook 2018 Reference case Recent growth in U.S. crude oil production has been primarily light, sweet crude oil, defined as having an API gravity of 35 or higher and sulfur content of 0.3% or less. These light, sweet crudes, wh ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > EIAEnergy Information Administration EIAUnited States +9

NGL Company 'Boosts 2018–2020 Growth Prospects'

A recent Raymond James report discussed this midstream service provider's recent news announcements. A March 28 research note covered Targa Resources Corp.'s (TRGP:NYSE) latest developments and imminent plans for "organically expanding its Permian presence and natural gas liquids trans ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > NGLStreetwise ReportsTarga Resources +3

Shale Support Increases Drying Process Capabilities

March 27, 2018 (HOUSTON) – Shale Support Holdings, LLC , a leading provider of frac-sands and logistical solutions to the oil and gas proppant market, today announced a second dryer is now online in Picayune, Mississippi. This addition has allowed Shale Support to add an additional 2 million ton ...

Kristen Quinn


Posted 1 year agoPress > ShaleShale Oil MarketMarcellus +9

NES Global Talent Expands Recruitment Presence to Midland, Texas

NES Global Talent Expands Recruitment Presence to Midland, Texas New location places NES at the center of Permian Basin Employment Activity March 22, 2018 (HOUSTON) - With over 40 years of serving the oil and gas market, NES Global Talent is pleased to announce the expansion of its speciali ...

Kristen Quinn


Posted 1 year agoPress > Midland BasinPermian BasinPermian +4

Rystad Energy: The Big Spring Clean – Shale Companies Optimizing Their Portfolios

Since February 2018, in a move that looks like a “spring cleaning” of their portfolios, several companies have announced a shift of their focus on the main US shale plays by optimizing their portfolios through acreage transactions. US onshore shale producers are also boosting capital expenditu ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Rystad EnergyShaleUnited States +6

Dr. Daniel Fine: OPEC in Houston and Steel Pipes From China

For a week in March, Houston was the site of a world assembly of oil producers engaged in an OPEC-Russia dialogue with American shale or light tight oil producers on supply and — indirectly — price.  OPEC and Saudi Arabia pitched a market information offensive.  Put simply, American oil producers ...

Will Fine


Posted 1 year agoOpinion > HoustonChinaChina National Petroleum Corporation CNPC +70

Permian Basin - Major Savings anticipated from changing frac sand supply chain

Dramatic Changes To the Supply of Frac Sand Will Lead to Huge Well Savings in the Permian Basin Energent , part of Westwood Global Energy Group , predicts a seismic shift in the supply of frac sand to the Permian Basin, Texas, this year. Its new report says that operators will tur ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Permian Basinfrac sandwestwood global energy group +3

ExxonMobil Adds 2.7 Billion Barrels to Reserves; Replaces 183% of 2017 Production

Exploration success and strategic acquisitions add high-quality resources U.S. Permian Basin, Guyana, Mozambique and Upper Zakum key factors in growth Nearly 10 billion oil-equivalent barrels added to resource base, largest since XTO acquisition IRVING, Texas--( BUSINESS WIRE )-- Exxon Mobil C ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ExxonMobilExxon MobilExxon Mobil Corporation +6