Biggest

ConocoPhillips Biggest Contributions from Eagle Ford, Bakken

ConocoPhillips posted better-than-expected results in the first quarter, aided by its “biggest contributor” today, the Eagle Ford Shale.

May 2, 2014

Quarterlies Encouraging, But Biggest E&Ps Still to Report

The largest oilfield services (OFS) providers have detailed their views for U.S. exploration and production (E&P) spending this year — all good — but it’s going to take a few more weeks to determine whether producers will move more forces into natural gas fields to increase stores.

April 25, 2014
Heavy Metals Found in Barnett Area Water, But Source Unknown

Heavy Metals Found in Barnett Area Water, But Source Unknown

A study of Barnett Shale region water wells has found elevated levels of heavy metals near natural gas extraction sites, but a link to drilling/production activity has not been determined and may not be, researchers from the University of Texas at Arlington (UTA) said.

July 30, 2013

North American Drilling Market ‘Uninspiring,’ Says Nabors CEO

Nabors Industries Inc., the largest onshore drilling fleet operator and the biggest supplier of pressure pumping equipment, is not optimistic about seeing gains in the U.S. oil or gas patch through the rest of this year, CEO Tony Petrello said Wednesday.

July 29, 2013
North American Drilling Market ‘Remains Uninspiring,’ Says Nabors CEO

North American Drilling Market ‘Remains Uninspiring,’ Says Nabors CEO

Nabors Industries Inc., the largest onshore drilling fleet operator and the biggest supplier of pressure pumping equipment, is not optimistic about seeing gains in the U.S. oil or gas patch through the rest of this year, CEO Tony Petrello said Wednesday.

July 25, 2013

Market Dynamics Are Biggest Challenge to Canadian LNG Exports

A check, which says markets, not boosters, decide the fate of projects, is built into the biggest plan for exporting liquefied natural gas (LNG) from new terminals on the northern Pacific Coast of British Columbia (BC).

July 15, 2013

New CEOs Incoming at Marathon, Encana

Two of the biggest independent exploration and production companies in North America — Marathon Oil Corp. and Encana Corp. — last week tapped former Big Oil executives to helm their operations.

June 17, 2013

Alberta NatGas Output Falling; Technology Lifts Oil

Horizontal drilling and hydraulic fracturing (fracking) has powered the biggest increase since the 1970s in Alberta oil production from flowing wells outside the northern bitumen sands belt, according to the provincial Energy Resources Conservation Board (ERCB). Output from flowing wells jumped by 14% in 2012 to 559,000 b/d, and should average 593,000 b/d this year, according to the board’s annual report.

May 13, 2013
Alberta Fracking New Life Into Oil Production

Alberta Fracking New Life Into Oil Production

Horizontal drilling and hydraulic fracturing has powered the biggest increase since the 1970s in Alberta oil production from flowing wells outside the northern bitumen sands belt, says the provincial Energy Resources Conservation Board (ERCB).

May 10, 2013

Chesapeake Jettisons More Pennsylvania Acreage to EQT

Chesapeake Energy Corp. on Friday agreed to sell an estimated 99,000 net acres in southwestern Pennsylvania, including 10 wells, to EQT Corp. for $113 million, which puts the sale price at roughly $876/acre.

May 6, 2013
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