Category Archives: Exploration & Production

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North Dakota saw its first monthly decline in oil production since June in December, with drillers pumping 1.18 million barre –More– 

Production from the seven major US shale basins is expected to jump to 6.75 million barrels of oil per day in March, up from  –More– 

Houston-based oil and natural gas explorer GulfSlope Energy has hired a rig to start drilling wells at two prospects in the U –More– 

US-based Diversified Gas & Oil will buy Appalachian Basin assets from CNX Resources and Lake Fork Resources’ Alliance Petrole –More– 

Recent figures show US shale fields beyond the Permian Basin are experiencing a revival, with the January land rig count up 4 –More– 

Halcon Resources said it will spend $381 million to acquire 22,617 net acres in West Texas’ Ward County, part of the Permian  –More– 

Pioneer Natural Resources is marketing its assets in the Eagle Ford Shale and West Panhandle in Texas and the Raton Basin in  –More– 

Private equity firm Warburg Pincus has announced a $300 million commitment to Ridge Runner Resources, a newly formed explorat –More– 

North Dakota’s Bakken Shale has recovered from the oil downturn and is now “stronger than ever,” Continental Resources Chairm –More– 

Almost three-quarters of all oil and natural gas wells drilled in the US as of 2016 were hydraulically fractured horizontal w –More–