Endeavor Energy Resources LP [EERL.UL] is exploring a sale that could value the Texas-based privately held oil producer at more than $10 billion, a source familiar with the matter said Continue Reading
For private equity, the game plan for cashing in on the U.S. shale boom is shifting from quick flips to long-term commitments, according to one veteran energy investor. (Bloomberg) — Continue Reading
Halliburton’s optimistic outlook for the U.S. oil and gas industry in 2019 was overshadowed by a worse-than-expected projection for the final three months of this year as activity slows throughout Continue Reading
The amount of water used per well jumped as much as 770 percent between 2011 and 2016, researchers say. As fracking expands, its water and wastewater footprints are forecast to Continue Reading
Oil prices are down a bit, but are still close to multi-year highs. That should leave the shale industry flush with cash. However, a long list of U.S. shale companies Continue Reading
A lighter crude oil grade is being sold from the Permian, Bloomberg reported earlier this week, noting it was selling at a discount to the regional benchmark, WTI Midland. It Continue Reading
NEW YORK (Reuters) – The upcoming startup of an expanded crude pipeline from the Permian Basin to Cushing, Oklahoma has rapidly strengthened oil prices in West Texas while weighing on Continue Reading
US shale oil production could fall short of its most optimistic projections because of emerging problems in the industry, the chief executive of the world’s largest oilfield services group has Continue Reading
Natural gas production in the Permian Basin has outpaced pipeline takeaway capacity, but with the rollout of new projects, this trend is expected to change next year. Receive daily email Continue Reading
Houston — Permian Basin crude production growth is currently constrained by limited takeaway capacity, and falling well performance in the basin could pose a risk to longer-term growth, oilfield services Continue Reading
