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Vine Oil & Gas and GEP Haynesville Exchange Haynesville Basin Assets

bakken oil jobs, truck driver

Vine Oil & Gas LP (“Vine”) and GEP Haynesville, LLC (“GEP”) exchanged non-operated working interests in the majority of Vine and GEP’s joint venture assets located in Red River, DeSoto and Sabine parishes in Northwest Louisiana (the “Exchange”). The Exchange unwinds a material portion of the joint venture area of mutual interest and allocates to each party the entirety of ...

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Williston Basin Petroleum Conference announces keynotes, speaker line-up

The Williston Basin Petroleum Conference, the largest oil and gas conference focused on the Williston Basin and the Bakken,  announced its keynotes and headlining speakers. The conference will be held May 22-24, 2018 at the Bismarck Event Center in Bismarck, ND. The WBPC will feature a lineup of more than 40 speakers and presenters, each sharing their insights on the ...

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EcoloCap Solutions, AllSource Environmental partner to deploy ECOAS Bio-ART

Baker Hughes rig count, Williston, Bakken

EcoloCap and AllSource Environmental LLC have reached a sales representative agreement where AllSource Environmental LLC will be able to provide ECOS Bio-ART as a solution to their customers in the industrial waste industry. Based out of Downers Grove, IL, AllSource Environmental LLC is a national material management company that offers solutions with regulated and non-regulated waste streams and industrial services.  ...

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ExxonMobil to Triple Permian Production by 2025

ExxonMobil announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the Permian Basin in West Texas and New Mexico. Tight oil production from the Delaware and Midland basins will increase five-fold in the same period. Recent changes in the U.S. corporate tax rate create an environment for increased ...

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Recalling Halliburton’s refrac pilot program ACTIVATE

Although previous refracturing technologies were unpredictable and not very productive, Halliburton is seeing success with their ACTIVATE refracturing service pilot project. In a nutshell, ACTIVATE is essentially the monitoring of wells with fiber optics and microseismic technology. According to Halliburton, new well completions had less than 60 percent cluster efficiency and fracs of unequal length and width, 80 percent increase ...

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Dallas Fed: Energy indicators see continued increase

proven oil reserves

The most recent report from the Federal Reserve Bank of Dallas for June 2017 shows that many indicators for the oil and gas sector continued to increase in May. While WTI crude dropped slightly, production growth continues to stay strong, especially in the Permian basin. Below is a summary of the report from the Dallas Fed. For more details and graphs, be sure ...

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U.S. Silica plans Permian frac sand plant

frac sand, U.S. Silica

Frederick, Maryland-based U.S. Silica announced plans Monday to build a new frac sand mine and plant in West Texas to serve the Permian Basin. The Permian has been growing steadily despite the recent oil slump, supported by increased production and recently discovered oil reserves by the U.S. Geological Survey at the end of last year. The projected budget for the ...

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