Tag: permian basin

McClendon lures Chesapeake exec for new energy venture

Shale gas wildcatter Aubrey McClendon has lured away a top executive from the company that ousted him last year, as McClendon works to build a new U.S. energy producer.  More »

Houston drilling services company launches $110 million IPO

Houston-based drilling services company Independence Contract Drilling Inc. launched its initial public offering this week, seeking $100 million.  More »

More Nuggets on the US Energy Boom

I didn’t intentionally seek out these nuggets on  the US energy boom – especially so quickly after my recent involvement with Miley and Mr Bieber - but they were just conveniently there. Fast food if you like. As crude oil production hits a new 28-year high and natural gas continues to achieve higher and higher record levels of […]  More »

Report: 10 percent more Eagle Ford wells this year

Operators working in the Eagle Ford Shale started drilling 2,364 new wells in the first six months of the year, according to the latest Baker Hughes Well Count.  More »

Shale gas producer plans $400M IPO

Colorado-based shale gas producer Vantage Energy told regulators Monday it is planning to go public for $400 million.  More »

Study: Cline Shale could have $20 billion impact

An updated study estimates that the oil and gas industry in a slice of West Texas could have a $20 billion economic impact and support more than 30,000 jobs by 2022.  More »

McClendon venture to enter shale territories in $4.25B deal

The three announced acquisitions are the latest in a series of moves by Aubrey McClendon, one of the first wildcatters to capitalize on the U.S. shale boom, to rebuild his empire after he relinquished his perch at the top of Chesapeake Energy last year.  More »

Eagle Ford touted as ‘greatest energy success story’

The Eagle Ford Shale could help Texas’ oil production jump ahead of every OPEC country except Saudi Arabia.  More »

Big Oil comes up short in shale

The same North American oil patches that have lifted Pioneer and other independent oil producers to an unprecedented status in the energy industry haven’t come up gushers for major integrated oil companies like Royal Dutch Shell and BP.  More »

Kinder Morgan announces $1 billion carbon dioxide expansion

Kinder Morgan Energy Partners will spend about $1 billion as part of a project to expand its enhanced oil recovery program.  More »

A dash of saltwater could make fracturing more palatable

In a part of Texas where freshwater is especially precious, some oil and gas producers are learning to do without it in their hydraulic fracturing.  More »

Chesapeake Energy files to spin off $2.2B oil field unit

Chesapeake Energy filed regulatory documents Monday in preparation for the public spinoff of its $2.2 billion oil field service business, set for an undisclosed date this year.  More »
Page 1 of 712345...Last »