Sixteen of the Keane Group Inc.’s 23 hydraulic fracturing fleets now are working across the U.S. onshore, representing 70% utilization, a positive sign for growth through this year, the Houston operator said Wednesday.
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Articles from U.S.
U.S. LNG: A Growing Slice of A Growing Pie
The global liquefied natural gas (LNG) market, which was about 270 million tonnes last year, will grow to 360-370 million tonnes in three years time, and the U.S. Gulf Coast will serve 25-30% of that market, LNG pioneer Charif Souki said Thursday in Houston.
U.S. Rigs Drop Again; Canada’s Spring Break-Up Continues
The U.S. land rig count continued working lower in the latest tally from Baker Hughes Inc., released on Friday. It’s on its way to a trough of 375-400, according to one firm tracking the action.
Horizontals Lead Another Week of U.S. Rig Declines
The U.S. land rig count dropped by another 13 units for the week ending March 11 when there was an exodus of horizontal rigs that saw Texas leading declines among the states.
U.S. Deals, Values Decline, Still Lead Global Activity
North America’s $15.9 billion in oil and natural gas merger and acquisition activity led the global markets during the third quarter with a 38% share, but overall U.S. activity and deal values declined year/year, according to PLS Inc. and Derrick Petroleum Services.
EIA: United States to Be Largest NatGas, Petroleum Producer This Year
Production from the eastern United States, including the powerhouse Marcellus Shale, will help make the country the world’s top producer of natural gas this year, the Energy Information Administration said.
Shales Helping Make United States Largest NatGas Producer This Year
Production from the eastern United States, including the powerhouse Marcellus Shale, will help make the country the world’s top producer of natural gas this year, ahead of Saudi Arabia, the Energy Information Administration (EIA) said Friday.
Unconventional Gas to Remain U.S.-Dominated, Says Shell Exec
The development and growth of unconventional natural gas supplies should remain an exclusive domain of the United States, according to a top executive with the energy trading arm of Royal Dutch Shell plc.
U.S., Canadian LNG Exports Risky in Different Ways
Would-be exporters of liquefied natural gas (LNG) from Canada’s West Coast and from the Lower 48 face multiple challenges. Up north the main worry is pricing and securing contracts to support the project, while down south the main threat is of a regulatory/political nature, according to an analysis by the International Gas Union (IGU).
Supply Driving Down Energy Security Risk, Says U.S. Chamber
The energy security risk faced by the United States as quantified by the U.S. Chamber of Commerce fell 6.6% last year from 2011, ending a two-year run of increases, thanks mainly to oil and natural gas production from shale plays, the Chamber’s Institute for 21st Century Energy said Wednesday.