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Shale Gas News

Carrizo Oil & Gas to Sell its Marcellus Shale Assets
United States >> 10/6/2017 - Carrizo Oil & Gas, Inc. entered into an agreement to sell its assets in the Marcellus Shale to a subsidiary of Kalnin Ventures LLC for $84 million in cash, subject to customary closing terms and condi...
South Africa Karoo Shale Gas Deposits Seen Less Than Earlier Estimates
South Africa >> 9/28/2017 - South Africa’s Karoo basin probably has a 30th of the shale gas deposits that some estimates had suggested, deflating expectations of an energy bonanza, a study published on Thursday said. The finding...
Saudi Aramco to Finish First Shale Gas Project Soon
Saudi Arabia >> 9/27/2017 - State oil giant Saudi Aramco is expected to finish building facilities soon in the north of the kingdom that will allow it to produce shale gas for the first time, industry sources said. ...
Shale Support & Tidewater Logistics Partner to Increase Access to Shale Basins
United States >> 9/26/2017 - Shale Support Holdings, LLC, a leading provider of frac-sands and logistical solutions to the oil and gas proppant market, announced its partnership with Tidewater Logistics. The agreement increases S...
Carrizo Oil & Gas Sells Utica Shale Assets for US$62 Million
United States >> 9/5/2017 - Carrizo Oil & Gas, Inc. provided an update on its operations following Hurricane Harvey as well as announced an agreement to sell its assets in the Utica Shale. ...
Statoil Evacuates Eagle Ford Shale Staff Ahead of Hurricane Harvey
United States >> 8/24/2017 - Statoil ASA is evacuating staff from the Eagle Ford shale region as Hurricane Harvey moves closer to the Texas coast. The Norway-based oil producer is securing its two drilling rigs in the shale regio...
Quantum Energy Partners Acquires Acres in Eagle Ford Shale
United States >> 8/24/2017 - Quantum Energy Partners, a leading energy private equity firm, is pleased to announce the formation of Vitruvian Exploration IV with industry veterans Richard Lane, John Thaeler and Brian Rickmers. Su...
BHP to Quit US Shale Business as Annual Profit Surges
United States >> 8/22/2017 - BHP Billiton, the world's largest miner, reported a surge in underlying full-year profits and said it would exit its underperforming U.S. shale oil and gas business, pleasing disgruntled shareholders ...
Sanchez Energy to Sell Javelina Asset for $105 Million
United States >> 8/17/2017 - Sanchez Energy Corporation has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately $105 million in cash. The transaction is subject to customary te...
China to Build New Shale Gas Bases & Offer More Oil & Gas Block Tenders
China >> 8/15/2017 - China is likely to build two shale gas bases in the south of the country and open up tenders for more oil and gas exploration blocks in the world's biggest energy producer, the Ministry of Land Resour...
BP Makes Mancos Shale Gas Discovery in New Mexico
United States >> 8/7/2017 - BP has brought online a highly productive natural gas well in the Mancos Shale, highlighting the potential of the New Mexico field to be a significant new source of U.S. natural gas supply. ...
Sanchez Energy to Sell Non-Core Marquis Asset in Eagle Ford Shale
United States >> 6/16/2017 - Sanchez Energy Corporation (Sanchez Energy) has sold its non-core Marquis asset in the Eagle Ford Shale to Lonestar Resources US, Inc. (Lonestar) for approximately $50 million of cash, subject to the ...
S.Korea's SK Innovation Sees Oil Prices Staying Low, Eyes US Crude
South Korea >> 5/30/2017 - South Korea's SK Innovation , which owns South Korea's top refiner SK Energy, said on Tuesday it expects U.S. shale output to keep oil prices low, and is looking for opportunities to bring in U.S. cru...
Freedom initiates the drilling of its first horizontal Eagle Ford Shale
United States >> 5/23/2017 - Freedom Oil and Gas Ltd (FDMQF) announced that it has commenced the drilling of the first well on its Dimmit County, Texas acreage targeting the Eagle Ford Shale. The well, Wilson BE #1, is the first ...
Indonesia Offers 15 Oil Blocks Amid Thin Industry Interest
Indonesia >> 5/21/2017 - Indonesia is offering 15 conventional and unconventional oil and gas blocks to potential bidders, government officials said on Friday, hoping more flexible terms will help reverse flagging interest in...
South Africa to Award 1st Shale Gas Exploration Licences by End-Sept
South Africa >> 5/16/2017 - South Africa's government may award its first shale gas exploration licences by the end of September, after environmental objections delayed the process, a senior government official said. The five li...
BHP Investor Tribeca Calls for Sale of US Shale Assets
United States >> 5/5/2017 - A second BHP Billiton Ltd shareholder has made a public push for changes at the world's largest miner, with Sydney-based Tribeca Investment Partners pressing the company to sell its U.S. shale assets ...
Total Sanctions the Development of Vaca Muerta Shale Resources
Total Sanctions the Development of Vaca Muerta Shale Resources Argentina >> 4/27/2017 - Total has sanctioned the development of the first phase of the operated Aguada Pichana Este license in the giant Vaca Muerta shale play in Argentina. Moreover, the Group will also increase its interes...
BHP Billiton Puts US Shale Gas Assets on the Block Again
United States >> 4/26/2017 - BHP Billiton has put its Fayetteville shale gas assets in the United States back on the block, the world's largest miner said, as it seeks to focus on more lucrative opportunities in oil. BHP first tr...
Shell Opens Treatment Plant in Argentina Shale Play
Argentina >> 4/18/2017 - Royal Dutch Shell PLC inaugurated a treatment plant for shale oil and gas in Argentina's Vaca Muerta shale play, one of the world's largest. ...

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