U.S. shale output growth to slow in 2018: ESAI 🔓

June 22, 2017 0

U.S. shale oil production is forecast to end 2017 at 5.6 million barrels per day (MMBPD), which is over 1 MMBPD higher than at the end of 2016. But the pace of growth in 2018 will slow down, energy consulting firm ESAI Energy said in a new report on Tuesday.


EQT to acquire Rice Energy for $8.2 billion 🔓

June 19, 2017 0

Pennsylvania-based independent oil and gas producers EQT Corporation and Rice Energy announced Monday they have entered into an estimated $8.2 billion merger agreement, in which EQT will acquire all of Rice’s upstream assets and a 92% share in its midstream assets.


UKOOG warns about UK’s gas import dependence

June 6, 2017 0

The UK onshore oil and gas industry trade body, UKOOG, said Monday the current political situation regarding Qatar and its Middle Eastern neighbors shows why the UK needs to “urgently get on with developing the extensive gas resource beneath our feet.”


FERC rejects Rover’s horizontal drilling request

May 26, 2017 0

The Federal Energy Regulatory Commission has rejected a request by Energy Transfer Partners' Rover Pipeline unit to resume horizontal drilling at two sites, further pressuring the operator's efforts to meet its July 1 in-service target for the first phase of the 3.25 billion cubic feet per day capacity pipeline.


Argentina to drop import duty on used oil equipment

May 25, 2017 0

In a bid to boost investment in its vast unconventional reserves in the Vaca Muerta play, the Argentinean government will reduce the import tariff on used oil and gas exploration and drilling equipment, Kallanish Energy learns.


Natural gas demand uptick to stabilize OCTG market

May 24, 2017 0

An uptick in U.S. natural gas supply over the next year or so will be balanced by a corresponding uptick in demand, leading to relative stability in the U.S. drilling sector, Kallanish Energy sister publication Kallanish learns from BTU Analytics managing partner Kathryn Downey Miller.


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