Carolyn Davis

Encana Corp., one of the largest North American natural gas producers, doesn’t have any skin in the Marcellus Shale, but it’s fine with that, as its extensive Montney formation in Alberta should be able to compete well against the Appalachian behemoth, executives said Tuesday.

Anadarko Petroleum Corp. has a big stack of opportunities yet to delineate in the U.S. onshore, including in Colorado’s Denver-Julesburg (DJ) and Permian basins, while costs are coming down as efficiencies are moving up.

The recovery hasn’t arrived yet, but when it does, North America will be leading the charge, Halliburton Co. CEO Dave Lesar said Tuesday.

Encana Corp., one of the largest North American natural gas producers, doesn’t have any skin in the Marcellus Shale, but it’s fine with that, as its extensive Montney formation in Alberta should be able to compete well against the Appalachian behemoth, executives said Tuesday.

Anadarko Petroleum Corp. has a big stack of opportunities yet to delineate in the U.S. onshore, including in Colorado’s Denver-Julesburg (DJ) and Permian basins, while costs are coming down as efficiencies are moving up.

Contract driller Helmerich & Payne Inc. is keeping its fleet in top-notch shape for an eventual industry upturn, but management conceded on Monday that a return to business-as-usual is unlikely before the second half of the year.

Pressure pumping manufacturer Weir Oil & Gas said Monday it is teaming up with a unit of Rolls Royce plc to provide what they claim is the industry’s first integrated hydraulic fracturing system, as efficiency moves front and center.

Halliburton Co. and Baker Hughes Inc. terminated their merger agreement on Sunday, ending an 18-month saga in which U.S. and European regulators challenged the multi-billion dollar tie-up.

Baker Hughes Inc. said Monday it plans to reduce its U.S. onshore pressure pumping business one day after its multi-billion dollar merger with Halliburton Co. was scuttled.