Home / Top Stories

Top Stories

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 ...

Read More »

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 ...

Read More »

Suncor Energy Deploys First Autonomous Haul Trucks in the Oil Sands

Suncor announced it will proceed with the phased implementation of autonomous haulage systems (AHS) at company-operated mines, starting with the North Steepbank mine. Over the next six years, the company expects to deploy more than 150 autonomous haul trucks in the full program, which will be one of the largest investments in electric autonomous vehicles in the world. Following thorough ...

Read More »

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 ...

Read More »

DUG returns, New Name and Attitude in Energy

The name DUG Rockies makes a comeback as Hart Energy adds new plays and  regions to the agenda for its annual DUG conference in Denver April 24-25 in the Colorado Convention Center. The 2018 DUG Rockies  program will feature speakers from Hess Corporation, Oasis Petroleum and Whiting Petroleum — and expand its focus beyond the Bakken and DJ basin developments ...

Read More »

GTUIT Hits Million Barrel Milestone

GTUIT®, LLC announced that the company has recovered more than one million barrels of natural gas liquids (NGLs) from oil producing wellsites that would have otherwise been combusted in a flare stack. GTUIT designed, built, and operated all the mobile associated natural gas processing units responsible for achieving the million barrel milestone. Brian Cebull, President and CEO, commented “We thank ...

Read More »

ND Gov. Burgum welcomes Hess and Targa’s $150M Bakken investment

Gov. Doug Burgum welcomed news today that Hess Midstream Partners and Targa Resources will build a $150 million gas processing plant near Watford City, as North Dakota produces record volumes of natural gas and approaches record high oil production. The Little Missouri Four gas plant will process 200 million cubic feet of gas per day at Targa’s existing Little Missouri ...

Read More »

Hess, Targa to build $150M Gas Plant

Hess Midstream Partners LP announced today the formation of a 50/50 joint venture with Targa Resources Corp. to construct a new 200 million standard cubic feet per day gas processing plant called Little Missouri Four (LM4). The new gas plant will be located at Targa’s existing Little Missouri facility, south of the Missouri River in McKenzie County, North Dakota. Targa ...

Read More »

January 12: Rig count and oil price both climb

oil rig, rig count, Baker Hughes

Baker Hughes, a GE Company, reported the North America Rotary Rig Count for January 12, 2018 increased by 15 this week. The rig count included an increase of 2 offshore rigs and 13 inland rigs exploring for oil and gas. Of those 15, 10 are exploring for oil, while 5 rigs are searching for natural gas. Breakout information by Baker ...

Read More »