June 22, 2016

BLM fracking rule rejected by US District Court in Wyoming

BY Patrick C. Miller Found In:Exploration & ProductionA U.S. District Court judge in Wyoming has ruled that a Bureau of Land Management rule to regulate fracking is unlawful because it exceeds the authority the agency is granted by Congress. The ruling was widely praised by the oil and gas industry. READ MORE

June 22, 2016

Private equity firms see major investment opportunity in oil, gas

BY Luke GeiverFound In:Exploration & ProductionThe oil and gas sector has once again caught the eye of private equity investment firms, according to survey findings from Ernst and Young Global Limited. Private equity groups have $971.4 billion to invest in the sector. READ MORE

June 22, 2016

QEP Resources growing in Permian Basin, issues common stock offer

BY Luke GeiverFound In:Exploration & ProductionWith one drilling rig operating in the Williston Basin, QEP Resources is looking to expand its operational footprint south. The Denver-based exploration and production company has announced plans to add 9,400 Permian Basin acres for $600 million. READ MORE

June 22, 2016

Marathon expands to STACK play for $888 million

BY Luke GeiverFound In:Exploration & ProductionMarathon Oil Corp. has turned to Oklahoma for expansion. The company has purchased the acreage and current production of PayRock Energy Holdings LLC, a portfolio company of EnCap Investments, for $888 million. READ MORE

June 22, 2016

Deloitte: Oil and gas industry facing $2 trillion funding gap

BY Patrick C. Miller Found In:Exploration & Production, Infrastructure & ConstructionA global lack of investment in the oil and gas industry has reduced capital spending to the point where future reserves and production are jeopardized, according to a new report by the Deloitte Center for Energy Solutions. READ MORE


Unconventional Resources Technology Conference (URTeC)

August 1-3, 2016
Henry B. Gonzalez Convention Center
San Antonio, Texas

2016 OKC Oilfield Expo

August 17-18, 2016
Cox Convention Center
Oklahoma City, Oklahoma

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