Haynesville Shale

Struggling with heavy debt and deflated oil/gas prices, Houston-based Sabine Oil & Gas Corp. has filed for Chapter 11 bankruptcy protection in New York.

Struggling with heavy debt and deflated oil/gas prices, Houston-based Sabine Oil & Gas Corp. has filed for Chapter 11 bankruptcy protection in New York.

U.S. natural gas production is expected to be higher in August from a year ago in six of seven major onshore basins, but output has begun to weaken as associated production slumps from the pullback in oil drilling, according to data compiled by the Energy Information Administration (EIA).

U.S. natural gas production is expected to be higher in August from a year ago in six of seven major onshore basins, but output has begun to weaken as associated production slumps from the pullback in oil drilling, according to data compiled by the Energy Information Administration (EIA).

The Permian Basin was the big gainer among U.S. plays in the latest Baker Hughes Inc. rig count, released Friday (July 10). The basin added seven rigs to land at 239 for the week.

The Permian Basin was the big gainer among U.S. plays in the latest Baker Hughes Inc. rig count, released Friday (July 10). The basin added…

The amount of water required by producers to fracture oil and natural gas wells varies across the country, but one thing is certain — the annual volumes used are increasing dramatically, according to the first nationwide map of usage by the U.S. Geological Survey (USGS).

The amount of water required by producers to fracture oil and natural gas wells varies across the country, but one thing is certain — the annual volumes used are increasing dramatically, according to the first nationwide map of usage by the U.S. Geological Survey.

The latest rig tally changes in U.S. unconventional plays were fairly modest across the board compared to some previous iterations of the Baker Hughes Inc. rig count. Notably, declines in the Eagle Ford Shale and the Permian Basin appear to have moderated as high grading and efficiency advances take hold there and across the shales.