Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

ConocoPhillips’ Partnership with Luna to Develop Shale Production Monitoring Service

October 20, 2021

Luna Innovations introduced a new production profiling capability based on Luna’s OptaSense fiber optic sensing products. The new capability is a result of the joint development and licensing of ConocoPhillips’ patented transient analysis technology in combination with Luna’s high-sensitivity, distributed

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Ritchie Bros. Launches New Self-serve Equipment Listing Service

October 20, 2021

Selling equipment on your own just got a whole lot easier with RitchieList.com, the latest solution from industry-leader Ritchie Bros. This easy-to-use equipment listing service gives customers the control they want and the tools they need to sell privately for

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Laredo Petroleum Acquires Pioneer’s Midland Basin Acreage for $230 Million

October 20, 2021

Laredo Petroleum has signed a purchase and sale agreement to acquire approximately 20,000 net acres in western Glasscock County from Pioneer Natural Resources Company for approximately $230 million, subject to customary closing price adjustments. This is Laredo’s second significant acquisition

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Democrats Battle Over Climate Change Plans in $3.5 Trillion Bill

October 20, 2021

Negotiators of a U.S. bill to invest up to $3.5 trillion to expand social programs and attack climate change gave hints of progress on Monday, but some Democrats were resigned to the increasing likelihood that a proposal to reduce carbon

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Pembina Pipeline Commits to GHG Reduction Target, Releases Annual Sustainability Update

October 20, 2021

Pembina Pipeline Corporation announced its commitment to reduce the company’s greenhouse gas (GHG) emissions intensity by 30 percent by 2030, relative to baseline 2019 emissions. The GHG reduction target will help guide business decisions and improve overall emissions intensity performance

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Mustang Extreme Environmental Services Acquires RW Products

October 19, 2021

Mustang Extreme Environmental Services has acquired the assets of RW Products. “We’re delighted to further expand our support for the key American oil and gas industry with the acquisition of RW Products. Adding the RW Products team and resources to

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TechnipFMC and Talos Energy Enter Strategic Alliance to Provide Carbon Capture and Storage

October 19, 2021

TechnipFMC and Talos Energy have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage (CCS) projects along the United States Gulf Coast. The alliance combines Talos’s offshore operational strength and

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Intelligent Wellhead Systems Appoints William Standifird as CEO, Gary Cresswell as Chairman

October 19, 2021

Intelligent Wellhead Systems Inc. (IWS) has appointed William Standifird as chef executive officer. Gary Cresswell, a current non-executive director, will become independent non-executive chairman of the board. William Standifird’s 24-year international career includes operational and leadership positions in drilling, completions,

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Diamondback’s Subsidiary Rattler Midstream Acquires Midland Basin Gas Gathering & Processing JV

October 18, 2021

Rattler Midstream, a subsidiary of Diamondback Energy, and a private affiliate of an investment fund, completed an acquisition of a majority interest in a Midland Basin gas gathering and processing company from West Texas Gas, Inc. and its affiliates through

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US Drillers Add Oil Rigs in Biggest Weekly Build Since April

October 18, 2021

U.S. energy firms this week added oil and natural gas rigs for a sixth week in a row as oil prices soared to their highest since 2014, prompting drillers to return to the wellpad. The oil and gas rig count,

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