Tag: Shale

Rotork IQ3 intelligent multi-turn electric actuators have been specified for use in solar powered control stations for water gathering pipelines in the U.

The U.S. oil drilling rig count rose for the fourth week in a row and ended the month sharply higher as producers plan to boost output as they reap profits from crude trading near three-year highs.

The Department of Energy’s statistics arm has reported that the United States of America is on schedule to export more energy products than it imports by 2022 as oil and natural gas production from the nation's shale fields keep booming and domestic energy demand remains fairly tepid, according the Department of Energy's statistics arm.

The last 10 years have shown that smaller oil companies have led the way in shale technology by cutting costs in half with innovations such as horizontal drilling and hydraulic fracking.

The US Geological Survey (USGS) says billions of barrels of oil, along with a vast source of gas, have been found in a field of shale rock in West Texas.

The US is set to export a record number of cargoes of shale gas in November, 2016. Nine liquefied natural gas (LNG) tankers have departed or are scheduled to leave Cheniere Energy Inc.

MRC Global has reported that McJunkin Red Man Corporation, MRC Global’s US operating company, has executed a five-year extension to the existing supply agreement with Marathon Oil Company. The agreement, which has been in place since 2009, includes the supply of maintenance, repair and operations (MRO) materials such as valves, line pipe, OCTG and MRO/project services in the Eagle Ford and Bakken Shales, the Rocky Mountain region and the Gulf of Mexico.

MRC Global has announced that MarkWest Energy Partners (MarkWest) has awarded a pipe, valves and fittings (PVF) supplier agreement to its US operating company, McJunkin Red Man Corporation. Under this agreement, McJunkin Red Man will supply PVF for MarkWest's pipeline projects focused in the Marcellus and Utica regions.

Energy Transfer Partners, a natural gas and propane company, has signed a deal with Trafigura Beheer BV, a Holland-based global commodity trading company, to launch a new crude and condensate pipeline running from the Eagle Ford shale formation in South Texas to Corpus Christi on the Gulf Coast.

Great oil and gas resources in the emerging shale prospects of the Canadian province of Alberta, have been identified in a new study that suggest that recent takeovers and land buys will yield substantial production gains for some of the largest oil companies in the world.