Oil Shale News

The National Key Laboratory of Shale Oil and Gas Enrichment Mechanism Awarded
China >> 7/5/2024 - Recently, the awarding ceremony of the National Key Laboratory of Shale Oil and Gas Enrichment Mechanism and Efficient Development was held in Shengli Oilfield. The laboratory was led by the Institute...
Changqing Oilfield Shale Oil Realizes Scale-Efficient Development
Chile >> 6/25/2024 - The shale oil reservoirs in Changqing Oilfield are characterized by thin single sand bodies, strong heterogeneity, and insufficient natural energy. The oil reservoirs are like sesame seeds scattered i...
Dagang Oilfield Built Two Continental Shale Oil Development Test Platforms
China >> 6/25/2024 - Following the completion of the No. 5 benefit development test platform for Cangdong shale oil in 2023, Dagang Oilfield built the No. 6 benefit development test platform for Qikou shale oil at the beg...
SilverBow Resources Highlights Successful Implementation of Strategy
United States >> 3/28/2024 - SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow”) filed its preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with the Company’s 2024 annual meeting of shar...
Carbon Dioxide Energy Enhancement in Changqing Oilfield Drives Shale Oil
China >> 12/26/2023 - The first shale oil horizontal well carbon dioxide area enhanced volume fracturing demonstration platform in the Longdong Oil Region of Changqing Oilfield has been in production for 12 months. The ini...
TAG Oil Provides BED 1-7 Operations Update in Egypt
Egypt >> 1/26/2023 - TAG Oil Ltd. (TAO) (TAOIF) ("TAG Oil") is pleased to announce that the Company has commenced the re-completion and evaluation operations of the BED 1-7 vertical well. These initial operations are part...
PETRONAS Brings Global Unconventional Expertise to UAE for ADNOC Concession
United Arab Emirates >> 12/5/2022 - PETRONAS Abu Dhabi Sdn Bhd, a wholly-owned subsidiary of PETRONAS, inked a historic agreement with Abu Dhabi National Oil Company (ADNOC) today, to explore and appraise Unconventional Onshore Block 1 ...
Tellurian Announces Haynesville Shale Acquisition for $125 million
United States >> 7/13/2022 - Tellurian Inc. announced that its wholly owned subsidiary Tellurian Production LLC (TPC) has entered into an agreement to purchase natural gas assets from privately held EnSight IV Energy Partners, LL...
Petrobras Signs an Agreement with the ANP
Brazil >> 7/1/2022 - Petrobras, following up on the release disclosed on 10/22/21, informs that it signed an agreement with the National Agency of Petroleum, Natural Gas and Biofuels (ANP) relating to the collection of ro...
Ranger Oil Announces Acquisitions that Will Strengthen its Position
United States >> 6/30/2022 - Additional bolt-on purchases of oil and gas assets in the Eagle Ford shale were disclosed by Ranger Oil Corporation, increasing the total purchase price of agreements inked in the second quarter to ab...
Ranger Oil to Acquire Strategic Eagle Ford Assets in Accretive Transactions
United States >> 5/3/2022 - Ranger Oil Corporation announced the signing of separate agreements to acquire three "bolt-on" oil producing properties in the Eagle Ford shale contiguous to Ranger's existing assets for a total purch...
Chesapeake Achieves Grade "A" MiQ & EO100™ Certification for Its Haynesville Shale Operations
United States >> 12/21/2021 - - Certification supports Chesapeake's pledge to reduce methane and greenhouse gas (GHG) intensity and achieve net-zero direct greenhouse gas emissions

Chesapeake Energy Corporation is the ...
Shell Sells Non-Core Canadian Shale Assets to Crescent Point Energy
Canada >> 2/17/2021 - Royal Dutch Shell plc, through its affiliate Shell Canada Energy, has reached an agreement with publicly listed Canadian energy company Crescent Point Energy Corp. to sell its Duvernay shale light oil...
Northern Oil and Gas Announces Transformational Acquisition
United States >> 2/3/2021 - HIGHLIGHTS
- Northern Oil and Gas, Inc. has agreed to acquire certain non-operated natural gas assets (the “Assets”) in the Appalachian Basin from Reliance Marcellus, LLC (“Reliance” or the “Sel...
Lonestar Announces Third Quarter 2020 Results
United States >> 11/19/2020 - Lonestar Resources US Inc.reported financial and operating results for the three months ended September 30, 2020.

HIGHLIGHTS
- Lonestar reported an 8% increase in net oil and gas prod...
Marathon Oil Reports Third Quarter 2020 Results
United States >> 11/4/2020 - Marathon Oil Corporation reported a third quarter 2020 net loss of $317 million, or $0.40 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings ...
Callon Petroleum Announces 3rd Quarter 2020 Results
United States >> 11/2/2020 - Callon Petroleum Company reported results of operations for the three and nine months ended September 30, 2020.

Recent Highlights
- Delivered production of approximately 102.0 Mboe/d ...
Ovintiv Ends JV with PetroChina & Becomes 100% Owner
Canada >> 9/1/2020 - Ovintiv Inc. announced that its subsidiary, Ovintiv Canada ULC, has closed an agreement with PetroChina Canada Ltd. (PCC) to terminate the parties' joint venture and transfer the ownership and operati...
Alta Resources to Optimize Well Production with Ambyint
United States >> 8/31/2020 - Ambyint, the leader in well lifecycle production optimization, announced Alta Resources has selected Ambyint InfinityPL™ and SmartStream™ to provide advanced well optimization capabilities. Alta is a ...
Lonestar Announces Second Quarter 2020 Results
United States >> 8/16/2020 - Lonestar Resources US Inc. reported financial and operating results for the three months ended June 30, 2020.

HIGHLIGHTS
- Lonestar responded to a collapse in crude oil prices during...

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