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Regional News: United States

 
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Wood Mackenzie: US Tight Oil Technology Could Boost Output by 25%
Tuesday, September 23, 2014 There continues to be great potential for surprises to the upside in production of US tight oil according to Wood Mackenzie's latest analysis.

Total Sells Stake In US Shale Gas Transport Firm For Up To $450M
Tuesday, September 23, 2014 Total has agreed to sell its 25% stake in Cardinal Gas Services, a gas transport company operating in Ohio's Utica shale gas basin, to a group of Korean companies.

Oil Prices Fall on Sluggish Demand, Ample Supply
Monday, September 22, 2014 Crude oil futures fall as ample supply and slowing economic growth in Europe and China outweigh expectations of a cut in oil output from OPEC.

Siemens To Buy Dresser-Rand To Tap US Shale Gas Boom
Monday, September 22, 2014 Siemens agrees to buy US oilfield equipment maker Dresser-Rand Group for $7.6 billion in a move that would significantly boost its oil and gas business in North America.

Tomoka: Kerogen Makes Fourth Year Oil Exploration Lease Payment
Monday, September 22, 2014 Tomoka announces that Kerogen has made the fourth year payment for its eight-year oil exploration lease in Hendry County, Florida.

  



Oil Companies Eye Crude Price Drop But Keep Drilling
Friday, September 19, 2014 A 13% slide in crude oil prices since June has eroded some of the allure of drilling US shale resources and raised investor concerns, but companies push ahead.

Significant Water Recycling Achieved in Eagle Ford
Friday, September 19, 2014 A partnership between Dow and Omni Water Solutions allows for the treatment of over 700,000 barrels of per day of water at an oil and gas project in South Texas' Eagle Ford play.

US Crude Falls On Worries About Glut, Brent Gains
Friday, September 19, 2014 US crude oil and Brent trade in opposite directions as a sell-off ahead of Monday's expiration.

ExxonMobil Extends Permian Position
Thursday, September 18, 2014 ExxonMobil enters a non-monetary exchange agreement with LINN Energy to add 17,800 net acres in the Permian Basin.

Oil Falls On Supply Glut And Strong Dollar
Thursday, September 18, 2014 Crude oil falls, pressured by ample supply, concerns about demand growth and a stronger US dollar.

Chevron Meets New, Voluntary Shale Drilling Rules
Thursday, September 18, 2014 Chevron has become the first energy company to meet a new set of voluntary shale gas drilling standards that aim to go beyond existing state laws in Pennsylvania, Ohio and West Virginia.

Range Resources To Pay $4M Drilling Waste Fine
Thursday, September 18, 2014 Range Resources has agrees to pay a $4.15 million fine for problems at a western Pennsylvania site that handled natural gas drilling waste.

North Dakota Governor Sees Oil Production Dip From Flaring Rule Change
Thursday, September 18, 2014 Some of North Dakota's oil companies likely will experience a production dip starting next month as they try to meet aggressive new flaring standards, Governor Jack Dalrymple says.

Republican Senator Says 2015 Could Be Time For US Oil Export Bill
Thursday, September 18, 2014 The top supporter in the US Congress for reversing the 40-year ban on crude oil exports, Senator Lisa Murkowski from Alaska, said next year could be the time for a bill on lifting the restriction.

Ambitious US Pipeline Firm Buckeye Quietly Makes Key Acquisition
Wednesday, September 17, 2014 Buckeye Partners spends more than $3.5 billion buying assets to transform itself from a regional pipeline utility into an emerging energy powerhouse.

Continental Resources Names New President After Bott's Quick Exit
Wednesday, September 17, 2014 Continental Resources promotes Jack Stark to president, less than a week after Rick Bott quit the position.

Oil Prices Fall On EIA Report Of Big US Crude Stocks Build
Wednesday, September 17, 2014 Crude oil futures fall after a government report shows crude stocks rose sharply in the United States last week.

The Next Logical Step For Natural Gas Supplies?
Wednesday, September 17, 2014 Natural gas-based processes could be alternative for ethane crackers, oil refineries, California-based technology developer tells Rigzone.

Jindal: Obama Hasn't Done Enough To Harness Energy
Tuesday, September 16, 2014 Louisiana Gov. Bobby Jindal says President Obama's administration has become "science deniers," failing to do enough to harness the nation's energy potential.

Unconventional Oil, Gas to Lift US Energy Exports
Tuesday, September 16, 2014 Domestic unconventional oil and gas production will help raise US energy exports by about 5% per year through 2030, according to HSBC's Global Connections Trade Forecast.

BP To Cut 275 Jobs In Alaska After Oil Field Disposals
Tuesday, September 16, 2014 BP says it will cut around 275 staff and contractor jobs in its Alaska operations in early 2015 following the sale of its interests in four oil fields in the North Slope area.

Bill Barrett To Sell Gas Assets, Buy Oil Properties
Tuesday, September 16, 2014 Bill Barrett Corporation plans to exchange most of its acreage in Wyoming's Powder River Basin for oil-producing assets in Colorado.

Landmark Fracking Study Finds No Water Pollution
Tuesday, September 16, 2014 The final report from a study on fracking found no evidence that chemicals or brine water from the gas drilling process moved upward to contaminate drinking water at a site in western Pennsylvania.

Oil Gains On OPEC Production Cut Talk, Libya Paring Output
Tuesday, September 16, 2014 US crude futures rose by almost $2 and Brent by more than $1 on the prospect of a production cut by OPEC.

Oil Hits 2-Year Low; Dollar Rises Ahead Of Fed
Monday, September 15, 2014 Brent crude falls below $97 per barrel, its lowest level in more than two years, as weak Chinese economic data cuts the prospect for demand at a time of abundant supply.

Study: Leaky Wells, Not Fracking, Taint Water
Monday, September 15, 2014 A new study says that the drilling procedure called fracking didn't cause much-publicized cases of tainted water, blaming contamination on leaky natural gas wells instead.

Keystone XL Pipeline's Cost In South Dakota More Than Doubles
Monday, September 15, 2014 The cost of the South Dakota portion of TransCanada's Keystone XL pipeline has more than doubled to $1.974B in the last four years the project has awaited federal approval, the company says.

N.D. Oil Output Jumps Even As Flaring Rule Changes Loom
Friday, September 12, 2014 North Dakota's daily oil production jumped 5% in July to an all-time high, state regulators say.

Energy & Exploration Partners Files For IPO Again
Friday, September 12, 2014 Energy & Exploration Partners Inc files with US regulators for an initial public offering of common stock.

Oil Drops As Ample Supply Overtakes Demand
Friday, September 12, 2014 Crude oil prices fall on pressure from weak demand, ample supplies and a strong dollar.

US Steps Up Sanctions On Russia Over Ukraine
Friday, September 12, 2014 The US hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions to punish Moscow for intervening in Ukraine.


IEA: US Shale Squeezing Out Saudi Oil Imports, Boosting Gasoline Exports
Thursday, September 11, 2014 North America's shale oil boom has started to squeeze Saudi Arabian oil out of the US market in the same way it did with West African crude, IEA says.

Continental Resources President Quits, Leaves Leadership Gap
Thursday, September 11, 2014 W.F. "Rick" Bott was widely seen as the probably successor to Continental Chief Executive Harold Hamm.

Bakken Providing Jobs, Economic Growth for Williston, ND
Thursday, September 11, 2014 Williston is on a path of rapid growth, thanks to oil and gas activity in the Bakken Shale.

Musings: Can You Trust The Financial Data Used To Analyze Energy?
Wednesday, September 10, 2014 G. Allen Brooks takes a closer look at the data used in a recent article claiming shale E&P companies will be generating free cash flow next year.

US Energy Department Greenlights Cameron LNG Facility
Wednesday, September 10, 2014 The Energy Department issues the final authorization to Cameron LNG and Carib Energy to export domestically produced LNG to countries that do not have a Free Trade Agreement with the United States.

US Shippers Seek Role In Transport Of LNG, Oil Exports
Wednesday, September 10, 2014 The US government should ensure that international trade of US natural gas, and potentially crude oil, will offer opportunities for the domestic shipping industry, maritime groups say.

Oil Falls On Supply Growth, US Crude Drops To 16-Month Low
Wednesday, September 10, 2014 US crude futures fall to a 16-month low and Brent to a 17-month low on rising supply and tepid demand.

Musings: After Hiatus, Keystone XL Pipeline Battle Resumed Friday
Tuesday, September 09, 2014 In light of the number of high State Department proponents of Keystone who have departed this year, G. Allen Brooks examines the issues which could change the dynamics of the approval process.

Brent Oil Falls Below $100 To 17-Month Low As Supply Weighs
Tuesday, September 09, 2014 Brent crude oil prices fall to a 17-month low below $100 per barrel in volatile trade.

US Crude Export Prospects Expand Niche For Oilfield Stabilizers
Tuesday, September 09, 2014 Orders have surged for a type of oilfield equipment primarily used to make a light variety of crude safe for pipelines.

US Boosts 2015 Oil Forecast As Shale Powers Push To 10 MMbpd
Tuesday, September 09, 2014 The US government jacked up its forecast for oil production next year by 250,000 barrels per day as the boom in shale oil drilling continues to confound expectations of slower growth.

Wellsite Rental Services, DWS Join Forces in Marcellus, Utica Regions
Tuesday, September 09, 2014 Wellsite Rental Services is partnering with Deep Well Services (DWS) to serve the Marcellus and Utica regions.

Brent Crude Hits 16-Month Low Below $100 On Weak Data
Monday, September 08, 2014 Brent crude fall below $100 a barrel, the first time in 16 months, before returning to close in three-digit territory.

IPAA Rejects Refiners' Position on Crude Exports
Monday, September 08, 2014 The Independent Petroleum Association of America (IPAA) issues a statement rebutting claims by a refiners' group regarding crude oil exports from the United States.

Oil Falls As Weak US Jobs Data Adds To Demand Worries
Friday, September 05, 2014 Crude oil futures fall and end the week more than 2% lower as disappointing jobs data from the United States cast doubt about the strength of economic growth.

Nebraska Court Hears Questions About Keystone XL Pipeline Plan
Friday, September 05, 2014 Nebraska's Supreme Court hears arguments about whether Governor Dave Heineman acted properly when he blessed a route for the Keystone XL oil pipeline.

SD School of Mines Uses Shale Plays to Advance Research, Teach Students
Friday, September 05, 2014 Students in the shale research program at the South Dakota School of Mines & Technology are studying the program's first core samples.

Challenges of the Internet of Things
Friday, September 05, 2014 The implementation of Internet of Things technology in oil and gas can bring benefits, but will bring challenges as well.

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