West Newswire (Page 5)

West Newswire (Page 5)

Comprehensive Real-Time News Feed for West, TX. (Page 5)

Results 81 - 99 of 99 for "u:reuters.com" in West, TX

  1. Exclusive: Shell and Anadarko mull clean break from Permian venture - executiveRead the original story w/Photo

    Mar 26, 2017 | Reuters

    The divorce and re-parceling of acreage would let each company drill and develop new wells at its own pace in the Permian, which has become the U.S. oil industry's hottest development area for its low operating costs as crude prices CLc1 hover under $50 per barrel. Shell and Anadarko have been discussing how to proceed after the partnership agreement expires this summer and are not likely to renew it, Greg Guidry, who oversees the Anglo-Dutch group's shale business, told Reuters.

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  2. RPT-INSIGHT-All drill, no frack: U.S. shale leaves thousands of wells unfinishedRead the original story w/Photo

    Mar 24, 2017 | Reuters

    NEW YORK, March 24 U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the country - a sign that output may not rise as swiftly as drilling activity would indicate. Rising U.S. shale output has rattled OPEC's most influential exporter Saudi Arabia and pushed oil prices to a near four-month low on Wednesday.

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  3. CERAWEEK-Titans of oil world meet in Houston after 2-yr price warRead the original story w/Photo

    Mar 6, 2017 | Reuters

    The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States. When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group called time on a fight for market share that drove oil prices to a 12-year low and many shale producers to the wall.

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  4. Titans of oil world meet in Houston after two-year price warRead the original story w/Photo

    Apr 7, 2016 | Reuters

    The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States. When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group called time on a fight for market share that drove oil prices to a 12-year low and many shale producers to the wall.

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  5. Pipeline fights move from Dakota prairie to Louisiana bayousRead the original story w/Photo

    Jan 31, 2017 | Reuters

    When Hope Rosinski's father gave her a six-acre plot in Louisiana more than a decade ago, she was surprised to find oil and gas pipelines crisscrossing the property. Pipeline companies later secured her permission for two more lines, one of which has since caused flooding and consistently leaves her land saturated.

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  6. INSIGHT-Pipeline fights move from Dakota prairie to Louisiana bayousRead the original story w/Photo

    Feb 21, 2017 | Reuters

    Atchafalaya Basin, home to many pipelines, is seen in the western part of the of southern Louisiana, U.S. January 31, 2017. Crawfisherman Jody Meche dumps outs a catch of crawfish at the Atchafalaya Basin near Butte LaRose, Louisiana, U.S. May 20, 2011.

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  7. U.S. shale oil braces for the unfamiliar in 2017: inflationRead the original story w/Photo

    Feb 17, 2017 | Reuters

    Pump jacks are seen near vast Monterey shale formation in the Midway Sunset oilfield, California, U.S. on April 29, 2013. U.S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks up and energy service providers hike fees to take a bigger share of the profits generated by higher oil prices.

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  8. As U.S. shale oil activity surges, sand could be in short supplyRead the original story w/Photo

    Apr 29, 2013 | Reuters

    Demand for frac sand has surged in recent weeks as U.S. producers rush back to the oil patch, stoking concern that supplies of the key component of drilling may not be able to keep up with demand later this year, industry professionals said. The growing appetite for frac sand comes as oil producers have added hundreds of rigs in U.S. oil fields from Texas to North Dakota.

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  9. UPDATE 2-U.S. shale oil output to rise in March to highest in 10 mths -EIARead the original story w/Photo

    Feb 13, 2017 | Reuters

    Feb 13 U.S. shale oil production for March is expected to rise by the most in five months to its highest rate since May last year, government data showed on Monday, as energy companies boost drilling on the back of crude prices that are hovering over $50 a barrel. March oil production is forecast to rise by nearly 79,000 barrels per day to 4.87 million bpd, according to the U.S. Energy Information Administration's drilling productivity report.

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  10. UPDATE 1-Parsley Energy to buy Permian Basin assets for about $2.8 blnRead the original story w/Photo

    Feb 7, 2017 | Reuters

    The energy industry overall poured more than $28 billion into land acquisitions in the Permian Basin of West Texas last year, more than triple what they spent in 2015. Permian Basin producers make money at the current crude price CLc1 of about $52-$53 per barrel because of the region's sprawling pipeline network, abundant labor and supplies, and warm winters that allow year-round work.

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  11. Exclusive: Endeavor, giant of West Texas oil industry, mulls public offeringRead the original story w/Photo

    Feb 1, 2017 | Reuters

    Endeavor Energy Resources LP, a privately-held Texas oil producer, is considering an initial public offering of stock to expand operations on more than 330,000 acres of land it controls in the booming Permian Basin. Endeavor is among the largest leaseholders in the biggest U.S. oil field, where acreage is coveted by the world's top energy firms.

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  12. RPT-INSIGHT-As oil recovers, U.S. firms descend on the Permian Basin in West TexasRead the original story w/Photo

    Feb 1, 2017 | Reuters

    Feb 1 In most U.S. shale oil regions, energy firms are making strategic but cautious bets as the price of oil holds above $50 a barrel. Here in the Permian Basin of West Texas, the largest U.S. oil patch, the industry poured more than $28 billion into land acquisitions last year - more than triple what they spent in 2015.

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  13. INSIGHT-As oil recovers, U.S. firms descend on the Permian Basin in West TexasRead the original story w/Photo

    Jan 31, 2017 | Reuters

    In most U.S. shale oil regions, energy firms are making strategic but cautious bets as the price of oil holds above $50 a barrel. Here in the Permian Basin of West Texas, the largest U.S. oil patch, the industry poured more than $28 billion into land acquisitions last year - more than triple what they spent in 2015.

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  14. RPT-COLUMN-U.S. oil and gas industry has turned the corner: KempRead the original story w/Photo

    Jan 17, 2017 | Reuters

    LONDON, Jan 17 U.S. petroleum producers are looking forward to better times in 2017 as the industry has passed the low-point in the cycle and embarked on the road to renewed expansion. Domestic oil and gas production hit a trough in the first half of 2016 and showed signs of rising in the second half as drilling picked up in response to higher prices.

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  15. U.S. shale output set to rise in February as prices riseRead the original story w/Photo

    Jan 17, 2017 | Reuters

    Jan 17 U.S. shale oil production is expected to rise by 41,000 barrels per day in February to 4.748 million bpd as energy firms boost drilling with crude prices near 18-month highs, according to data from the U.S. Energy Information Administration on Tuesday. Permian output in West Texas and eastern New Mexico is set to rise by 53,000 bpd to 2.180 million bpd, according to the EIA's drilling productivity report.

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  16. U.S. crude discount to Brent widens on Trump tax talk, OPECRead the original story w/Photo

    Jun 9, 2016 | Reuters

    A maze of crude oil pipe and equipment is seen with the American and Texas flags flying in the background during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. U.S. oil prices hit their biggest discount to global benchmark Brent crude in five months on Tuesday as President-elect Donald Trump said an oil import tax plan would be too complex and as a global deal to reduce supply hits Middle East output.

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  17. UPDATE 1-U.S. shale oil output set to grow in February as prices riseRead the original story w/Photo

    Apr 29, 2013 | Reuters

    U.S. shale production is set to snap a three-month decline in February, the U.S. government said on Tuesday, as energy firms boost drilling activity with crude prices hovering near 18-month highs. The month-on-month increase in production would be the first since October and the third rise in a year, according to the U.S. Energy Information Administration's drilling productivity report.

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  18. COLUMN-U.S. oil and gas industry has turned the corner: KempRead the original story w/Photo

    Jan 17, 2017 | Reuters

    U.S. petroleum producers are looking forward to better times in 2017 as the industry has passed the low-point in the cycle and embarked on the road to renewed expansion. Domestic oil and gas production hit a trough in the first half of 2016 and showed signs of rising in the second half as drilling picked up in response to higher prices.

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  19. WPX Energy buys assets for $775 mln in Delaware basinRead the original story w/Photo

    Dec 10, 2014 | Reuters

    The assets include about 6,500 barrels of oil equivalent per day , of which 55 percent is oil, the company said on Thursday. WPX's shares, however, fell in extended trading after the company said it would part fund the purchase with an equity sale.

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