Large

EOG’s Papa Eschews NatGas, Sees Eagle Ford Cruising

EOG Resources Inc. last week reported a nearly 53% increase in net income for the first quarter of 2013, gains due in large part to hefty growth in the Eagle Ford Shale.

May 13, 2013

With Flaring Off Limits, Alberta Adds Gas Processing

Despite persistent surpluses, soft prices and an industry-wide switch of drilling targets to liquids, construction is beginning on the first large Alberta natural gas processing plant in recent industry or regulatory memory.

May 13, 2013

With Flaring Forbidden, Alberta Adds Gas Processing

Despite persistent surpluses, soft prices and an industry-wide switch of drilling targets to liquids, construction is beginning on the first large new Alberta natural gas processing plant in recent industry or regulatory memory.

May 13, 2013

EOG’s Papa Sees Bakken Growth Rate Slowing, Eagle Ford Surging Ahead

Shares of EOG Resources Inc. rose sharply on Tuesday after the company reported a nearly 53% increase in net income for the first quarter of 2013, gains due in large part to hefty growth in crude oil production from the Eagle Ford Shale.

May 8, 2013
USGS: Three Forks Multiplies Bakken’s Resource Potential

USGS: Three Forks Multiplies Bakken’s Resource Potential

The Bakken Shale and Three Forks formation in the Williston Basin in Montana, North Dakota and South Dakota contain a combined estimated 7.4 billion bbl of undiscovered, technically recoverable oil, 6.7 Tcf of undiscovered, technically recoverable natural gas and 530 million bbl of undiscovered, technically recoverable natural gas liquids (NGL), according to an assessment released Tuesday by the United States Geological Survey (USGS).

May 1, 2013

Multi-Well Pads to Drive a Summer Surge in Bakken Production

While both oil and gas production rates in the Bakken Shale set records in February, there’s much more to come. With a large increase in multi-well pad operations, North Dakota’s chief oil and natural gas regulator expects to see “a big surge in production” in the Bakken Shale starting in June.

April 18, 2013
Eyes on Baker, Schlumberger, Halliburton for Direction on U.S. Land

Eyes on Baker, Schlumberger, Halliburton for Direction on U.S. Land

The U.S. onshore rig count currently is “trendless,” but there’s hope for some direction in first quarter reports by three of the top domestic oilfield services providers, Schlumberger Ltd., Baker Hughes Inc. and Halliburton Co., according to Tudor, Pickering, Holt & Co. Inc. (TPH).

April 18, 2013

Big Paydays for Big Energy CEOs

Nearly a dozen CEOs of large U.S.-based publicly owned oil and gas companies earned some of the biggest compensation packages in the country last year, according to preliminary data compiled by Equilar, an executive compensation data firm.

April 15, 2013

Big Paydays for Big Energy CEOs

Nearly a dozen CEOs of large U.S.-based publicly owned oil and gas companies earned some of the biggest compensation packages in the country last year, according to preliminary data compiled by Equilar, an executive compensation data firm.

April 15, 2013

Marcellus Helps Range Break Production Record Again

Range Resources Corp. achieved a record high production volume of 876 MMcfe/d during the first quarter of 2013, driven in large part by the continuing success of its drilling program in the Marcellus Shale, the company said Thursday.

April 12, 2013