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      Atlas Resource Partners enters Eagle Ford through acquisition of oil rich production

      PITTSBURGH, Pennsylvania -- Atlas Resource Partners (ARP) is to acquire oil assets in the Eagle Ford shale in south Texas for $225 million. The...

      Statoil declares Arctic gas find non-commercial

      STAVANGER, Norway -- Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery...

      U.S. crude output surges to highest since ‘ 86 on shale boom

      WASHINGTON, D.C. (Bloomberg) -- U.S. crude production climbed to the highest level in more than 28 years last week as the shale boom moved...

      Proppant volume fell as customers used more sand, Carbo says

      HOUSTON (Bloomberg) -- Carbo Ceramics Inc., the largest supplier of man-made proppants for the oil and natural gas industry, said sales of its synthetic...

      PNG’s FSRG Loads First LNG Cargo Off Indonesia

      Hoegh LNG announced the floating storage regasification unit (FSRU) Lampung project, off Indonesia, began commercial operation in mid-July for its client Perusahaan Gas Negara...

      EIA: Higher Permian production, insufficient pipelines hike WTI oil hub spreads

      Crude oil prices in the Permian basin at Midland, Tex., have been falling below similar crude priced at Cushing, Okla., due to increasing production...

      South Louisiana, Texas gas plant, pipeline projects advance

      EnLink Midstream Partners LP, Dallas, has completed construction of Phase 2 of the Cajun-Sibon natural gas liquids expansion in South Louisiana as well as...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...