APS
Login      
Banner Home
Anti-Stall
Vertical Banner
  Print    
IADD News

The U.S. Energy Information Administration (EIA) has issued a report on the decline of traditional natural gas sources in favour of unconventional shale extraction. The report revealed that for the first time, more US natural gas was withdrawn from shale in 2013 than any other single source.
 

Read More »

 One of the greatest challenges facing the United States today is continuing to restore our economic strength. Fortunately, this challenge comes amid an energy renaissance that has already reversed more than 20 years of domestic crude oil production declines and positioned the United States as the global leader in natural gas production. Indeed, the energy renaissance already has become a catalyst for economic growth, bringing affordable energy, jobs, revenues and an accompanying resurgence of manufacturing. It is providing the U.S. government with a historic opportunity to dramatically enhance national energy security and affordability when America needs it most.
 

Read More »

 U.S. Rig Count is down 12 rigs from last week to 1917, with oil rigs down 2 to 1572, gas rigs down 11 to 344, and miscellaneous rigs up 1 to 1.

Read More »

Bradley Ewing, a professor of energy economics in the Texas Tech University Rawls College of Business, recently co-authored a report, “Economic Impact of the Permian Basin’s Oil and Gas Industry” which shows the region is now one of the biggest oil and gas producers in the world with an economic impact felt across the country.

Read More »

A study by Bloomberg New Energy Finance, investigating the impact of oil prices on the profitability of shale, has concluded that a level of $75 a barrel, the predicted price from Goldman Sachs Group Inc. adjusted prediction for 2015, will put 19 US shale regions out of profit.
 

Read More »

 U.S. Rig Count is up 1 rig from last week to 1929, with oil rigs down 4 to 1574, gas rigs up 5 to 355, and miscellaneous rigs unchanged at 0.

Read More »

Spraberry/Wolcamp leader PioneerNatural Resources saw one of its largest quarterly profits at $374 million in 3Q14, almost tripling YOY, even with oil prices dropping since July. Pioneer reported the company's total 3Q14 production increased more than 20% YOY at ~180,000 boepd.

By PLS

Read More »

Over the last months, Linn Energy has been in the Hugoton Basin. The company closed a trade with ExxonMobil in addition to other separate acquisitions from Pioneer ($340 million) and Devon ($2.3 billion) to beef up their presence in the region.

Article by PLS

 

Read More »

 NEW YORK (AP) — In a deal that shows just how quickly falling prices can upend the energy industry, Halliburton is buying rival oilfield services company Baker Hughes in a cash-and-stock deal worth $34.6 billion.


JONATHAN FAHEY, AP Energy Writer

 

Read More »

The U.S. Energy Information Administration released a new report on domestic gasoline prices and some groups, like theProducers for American Crude Oil Exports, say it shows Americans would not face higher gas prices if crude oil exports were allowed. Additionally, PACE believes the report demonstrates how outdated America's oil export ban is, Royalty Owners and Producers Educational Coalition reported.

November 12, 2014
By PennEnergy Editorial Staff

 

Read More »

   
Sections
   
Search News
   
Archives
  Print    

 

Home | About Us | Board of Directors | News | Events | Members Directory | Membership | Local Chapters | Presentations | Directional Drilling Training | Contact Us
   International Association of Directional Drilling  |  Terms Of Use  |  Privacy Statement  |  Visit IntegraLogics