Shale/Unconventional News


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North America Drops Rigs for First Time in 2024
North America's rig count dropped week on week for the first time in 2024, according to Baker Hughes.
8:00 PM EST | March 10, 2024
Morningstar Reveals Surprise at Diamondback-Endeavor Deal
'Diamondback was the eventual winner in what we believe to be a highly competitive bidding process,' Morningstar said.
7:00 PM EST | March 06, 2024
Has Oil and Gas Production Been Affected by the Texas Wildfires?
In a release posted on its website on February 29, the Texas A&M Forest Service noted that the largest wildfire in Texas history was actively burning that day.
7:00 PM EST | February 29, 2024
Atlas to Acquire Hi-Crush Permian Proppant Assets for $450MM
The Austin-based company aims to create the largest proppant producer in the USA.
7:00 PM EST | February 27, 2024
Permian Merger Mania Spreads to the Bakken
Merger mania gripping the Permian Basin has spread to the Bakken in North Dakota, according to the Senior Vice President of Enverus Intelligence Research.
7:00 PM EST | February 26, 2024
Baker Hughes Reveals Latest North America Rig Count
Baker Hughes has released its latest rotary rig count figures.
7:00 PM EST | February 18, 2024
Rystad Forecasts Net Production of Top Permian Producers in 2024
Rystad forecasts that the combined Diamondback Energy-Endeavor Energy company will produce 819,500 barrels of oil equivalent per day in the Permian this year.
7:00 PM EST | February 18, 2024
Enverus Says Diamondback Deal Creates $60B Permian Pure Play
The Senior Vice President of Enverus Intelligence Research outlined that the deal launches Diamondback 'well past most peers'.
7:00 PM EST | February 12, 2024
EIA Estimates USA Crude Oil Output Hit All Time High In December
The U.S. Energy Information Administration estimated that U.S. crude oil production reached an all-time high in December.
7:00 PM EST | February 11, 2024
Donald Trump Is the Oil and Gas Industry's Top Choice for President
Donald Trump is the oil and gas industry's undisputed top pick for the Republican presidential nomination.
7:00 PM EST | February 09, 2024
Will USA Oil, Gas Jobs be Affected by a Drop in Shale Growth in 2024?
Rigzone speaks to the President of OneSource Professional Search and the founder of the Kaye/Bassman Energy Practice.
7:00 PM EST | February 06, 2024
Magnitude 5.1 Earthquake Hits Oklahoma
A magnitude 5.1 earthquake occurred eight kilometers northwest of Prague, Oklahoma.
7:00 PM EST | February 05, 2024
Trade Association Data Shows Texas Oil, Gas Employs Almost 500,000 People
In 2023, the Texas oil and natural gas industry employed 480,176 people, according to the Texas Oil & Gas Association.
7:00 PM EST | February 05, 2024
Exxon, Chevron Surpass Forecasts as Shale Drilling Lifts Output
Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts.
7:00 PM EST | February 01, 2024
Pioneer Energy Closes Sale of Field Gas Conditioning System
The Pegasus system conditions field gas into consistent, high-quality fuel to be used in place of diesel for hydraulic fracturing fleets.
7:00 PM EST | February 01, 2024
Falcon, Tamboran Start IP-30 Test on Beetaloo Well
Results are expected by the end of February.
7:00 PM EST | January 31, 2024
Baker Hughes Data Shows North America Continues to Ramp Up Rig Count
North America added eight more rigs week on week, according to Baker Hughes.
7:00 PM EST | January 28, 2024
Oil and Gas Undergoing Historic Consolidation Wave
'Oil and gas is undergoing a historic consolidation wave'
7:00 PM EST | January 25, 2024
2024 Will be Another Rollercoaster Ride for Energy
'The coming year will be another rollercoaster ride for the industry'.
7:00 PM EST | January 24, 2024
Texas Upstream Oil Employment Keeps Growing
'2023 was an incredibly solid year for upstream oil and gas job growth'.
7:00 PM EST | January 23, 2024
North America Adds More Rigs
North America added more rigs week on week.
7:00 PM EST | January 21, 2024
Who is the Top Public Lower 48 Producer?
Enverus has released a list of the top public Lower 48 producers of the first half of 2023.
7:00 PM EST | January 18, 2024
What Themes Will Dominate Oil and Gas Recruitment in 2024?
Rigzone asks several U.S. based oil and gas recruitment experts what themes will dominate oil and gas recruitment this year.
7:00 PM EST | January 15, 2024
USA Will Face Frigid Temperatures This Week
'This anomalous event will have profound effects on both supply and demand'.
7:00 PM EST | January 15, 2024
First Rotary Rig Count of 2024 Sees Big Boost for North America
The total North America rig count now stands at 746.
7:00 PM EST | January 07, 2024
APA Snaps Up Callon in $4.5B Deal
'The valuation looks attractive with Callon being acquired around the value of its existing production without paying a meaningful amount for the undeveloped acreage'.
7:00 PM EST | January 07, 2024
China's Unconventional Gas Production Is Taking Off
Mainland China's unconventional gas production is taking off, according to BMI, a Fitch Solutions company.
7:00 PM EST | December 19, 2023
Oxy's CrownRock Buy Promotes it to Major Leagues of Midland Basin
'The sale of CrownRock could also be the first leg of a triple crown of mega sales by private companies in the Permian'.
7:00 PM EST | December 12, 2023
Occidental to Buy Oil Driller CrownRock in $12B Deal
Occidental Petroleum Corp. agreed to acquire Texas shale driller CrownRock LP.
7:00 PM EST | December 10, 2023
USA Oil Supply Now Exceeding High Expectations
U.S. oil supply is now 'exceeding high expectations', Macquarie strategists outlined in a report sent to Rigzone.
7:00 PM EST | December 05, 2023
North America Drops Rigs Week on Week
North America dropped rigs week on week, according to Baker Hughes' latest rotary rig count.
7:00 PM EST | December 03, 2023
Experts Discuss Oil, Gas Recruitment Surprises in 2023
As the year draws to a close, Rigzone asked oil and gas recruitment experts if oil and gas recruitment surprised them in 2023, and if so, how.
7:00 PM EST | December 03, 2023
Bureau of Land Management Seeks Public Comment for Oil, Gas Lease Sales
The U.S. Bureau of Land Management is seeking public comment for several oil and gas lease sales in the United States, the organization's site shows.
7:00 PM EST | November 28, 2023
What Does Milei's Presidential Win Mean for Oil and Gas in Argentina?
Rigzone speaks to analysts at BMI, Azur Global, IER, and Enverus.
7:00 PM EST | November 27, 2023
North America Adds Rigs
North America added five rigs week on week, according to Baker Hughes.
7:00 PM EST | November 26, 2023
Industry Body Highlights Texas Upstream Oil and Gas Job Growth
'These new numbers extend the strength of 2023's job growth to date'.
7:00 PM EST | November 21, 2023
NOG to Acquire Northern Delaware, Appalachian Assets
NOG plans to expand its Northern Delaware position and enter the Ohio Utica Shale in Appalachia.
7:00 PM EST | November 21, 2023
TotalEnergies Closes Sale of Fort Hills Oil Sands to Suncor
The consideration for the transaction is around $1.1 billion (CAD 1.47 billion) and has an effective date of April 1.
7:00 PM EST | November 21, 2023
North America Goes Back to Losing Rigs
North America went back to losing rigs week on week, Baker Hughes revealed in its latest rotary rig count.
7:00 PM EST | November 19, 2023
WhiteHawk to Acquire Marcellus Assets for $54MM
The acquisition increases WhiteHawk's mineral and royalty ownership in its existing 475,000 gross acre position by 100 percent.
7:00 PM EST | November 19, 2023
CNOOC Starts Production at Several Oil, Gas Projects
The Bozhong 19-6 Gas Field project is expected to achieve peak production of approximately 37,000 barrels of oil equivalent per day (boepd) in 2024.
7:00 PM EST | November 16, 2023
Barnett Bonanza Is Coming
'Sometimes the best place to find new oil is in already-producing areas'.
7:00 PM EST | November 13, 2023
North America Stops Rig Losses
North America added one rig week on week, according to Baker Hughes' latest rotary rig count.
7:00 PM EST | November 12, 2023
5.2 Magnitude Earthquake Hits Texas
A 5.2 magnitude earthquake hit Coalson Draw, Texas, recently.
7:00 PM EST | November 12, 2023
Alternative Shale Indicators Continue to Exhibit Resilience
'U.S. oil production reached 13.1 million barrels per day in August'.
7:00 PM EST | November 07, 2023
North America Loses Rigs Again
North America lost more rigs week on week, according to Baker Hughes' latest rotary rig count.
7:00 PM EST | November 05, 2023
Shale Patch Wages Hit USA Record
Wages for U.S. oil workers climbed for a third straight month.
8:00 PM EST | November 03, 2023
Enterprise Begins Four Midstream Projects to Support Permian Basin Growth
Enterprise Products Partners has begun four new capital projects to support production growth in the Permian Basin, including two natural gas processing plants and the Bahia NGL pipeline.
8:00 PM EST | October 31, 2023
North America Notches Week on Week Rig Loss
North America dropped one rig week on week, according to Baker Hughes' latest rotary rig count.
8:00 PM EST | October 29, 2023
Hess Buy Accelerates Trend of Consolidation and Big Money Deals
'Since the beginning of 2019, Chevron has been involved in 10 deals valued at over $500 million'.
8:00 PM EST | October 24, 2023