Pressure pumping horsepower and sand supply used in unconventional drilling are tight in some regions of the United States, especially in the Permian Basin, but significant additions are expected in the second half of the year.
Articles from Addition
The return of rigs to the oil patch continued for another week, and analysts following producers and drillers said “confidence” is coming back to the patch, too.
Wind accounted for the largest share of U.S. electric generation capacity additions in 2015, followed by natural gas and solar, according to a note published Wednesday by the Energy Information Administration (EIA).
Portland General Electric Co. (PGE) opened the new year with an additional 220 MW of natural gas-fired generation with the opening of its Port Westward Unit 2, which began commercial operation last Tuesday.
The Interior Department’s Bureau of Land Management (BLM) needs better data to track the processing times for applications of permits to drill (APD) and to prioritize the inspections of oil and natural gas wells on federal lands, the Government Accountability Office (GAO) said in a new report.
Goodrich Petroleum Corp. is buying a 66.7% working interest in producing assets and about 277,000 gross acres in the Tuscaloosa Marine Shale (TMS) for $26.7 million as it continues to build scale in the play and improve its drilling performance.
In recent months, the Arizona Geological Survey (AZGS) has examined shale oil and natural gas potential in southeastern and westerly parts of the state, in addition to the already exploratory drilled northern formations, particularly in the northeast Four Corners area in which the Mancos Shale is found.
Crosstex Energy LP has completed two projects aimed at getting shale oil and condensate to higher paying markets.
Colorado regulators and exploration and production companies (E&P) are working together to advance a new groundwater monitoring program that would monitor data at existing drilling sites and drinking water wells in one of the most heavily drilled areas of the state, Weld County.