Tag: shale

Santrol opens another Eagle Ford terminal

Santrol on Thursday announced it has opened its eighth sand terminal in the Eagle Ford Shale.  More »

Shell expresses optimism, caution on future of massive proposed plant

A plan to build a huge new petrochemical plant in western Pennsylvania is making progress, Shell Oil Co. officials said Wednesday — but there’s still no guarantee the multi-billion dollar project will actually be constructed.  More »

California to see surge in oil brought in by rail

Government regulators predict a surge in U.S. oil production will means a steep increase in the number of trains carrying it to California refineries.  More »

NuStar opens new Corpus Christi dock for Eagle Ford crude (photos)

San Antonio-based NuStar Energy LP this week celebrated the opening of its new dock at the Port of Corpus Christi, built to move crude oil from the Eagle Ford Shale.  More »

ConocoPhillips boosts estimate of Eagle Ford barrels

ConocoPhillips says it’s sitting on even more oil in its Eagle Ford Shale acreage than it thought.  More »

Ohio geologists link small quakes to fracking

Geologists in Ohio have for the first time linked earthquakes in a geologic formation deep under the Appalachians to hydraulic fracturing, leading the state to issue new permit conditions Friday in certain areas that are among the nation’s strictest.  More »

Chevron inks $1.6B joint venture for shale in Argentina

Chevron will spend more than $1.6 billion to develop shale resources in Argentina with state-owned oil company YPF S.A., as the South American country leaps past China to become the most active foreign shale-well driller this year.  More »

Researcher: 2014 slated to be most active year for global shale drilling

This year is slated to be the most active year for international drilling yet, even as investors show less interest in risky ventures, a Wood Mackenzie researcher said this week.  More »

Panel: Private equity nearly saturated in upstream market

Private equity firms will continue to throw capital at U.S. independent producers despite tell-tale signs that the number of high-quality investment opportunities is shrinking, a panel of private equity investors said Wednesday.  More »

Panel: Independent producers’ shale-fueled growth is nearing plateau

Major integrated oil companies won’t be able to afford big corporate acquisitions in North America until smaller independent producers start trading at much lower prices on the stock market, a panel of experts said Wednesday.  More »

‘Age of gas’ becomes a sideshow for US producers prizing oil

The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future being embraced by industry executives.  More »

Oil towns lead nation in population growth

New census data show a population surge as the oil boom draws workers and families to oil fields around the country. Some of the nation’s fastest-growing communities include two Texas towns in the Permian Basin and three cities near North Dakota’s Bakken Shale.  More »
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