Industry News


Pioneer to Buy DoublePoint in $6.4B Deal
Pioneer Natural Resources Co. is buying DoublePoint Energy LLC in a deal valued at $6.4 billion, less than three months after completing its purchase of fellow shale driller Parsley Energy Inc. as it expands in the U.S.
Nobody Tips a Scandiscope
The simplest things can sometimes teach us the most. That’s why I want to tell you a story about chimneys. A chimney is simple enough: it’s a hollow column made of bricks, stone or cement that vents out gases from......
Halliburton Claims Permian Automation Breakthrough
Halliburton reported that it has given a major operator real-time automated control of fracture placement while pumping on a multi-well pad in the Permian Basin. They the “SmartFleet” intelligent fracturing....
U of A professor designs website to track oil and gas wells
Joel Gehman, a professor at the University of Alberta has created a project called WellWiki WellWiki is a website which tracks more than 4.3 million oil and gas wells throughout Canada and the United States. The website
Secure Energy shares soar on $478 million friendly Tervita takeover
Shares in Secure Energy Services Inc. were trading higher after it announced an all-stock deal to buy oilfield waste disposal rival Tervita Corp., the latest in a string of consolidation transactions in the oilpatch.....
Energy Transition Will Drive More Copper Mining
Look just beneath the surface of many of the technologies powering the energy transition and there’s a red metallic glint. Copper is a vital part of green infrastructure from grids to wind turbines, and a recent price...
Enbridge receives Line 5 tunnel environmental permit
Enbridge Energy has received approval from the Michigan Department of Environment, Great Lakes, and Energy (EGLE) for certain permits required to build a utility tunnel under the Straits of Mackinac to house a proposed
Oxy Delivers First Carbon Neutral Oil Shipment
Oxy Low Carbon Ventures (OLCV) has announced that it has delivered the world’s first shipment of carbon neutral oil. The delivery, which was arranged in conjunction with Macquarie Group’s Commodities and Global Markets
Easing Gently into a New Paradigm
As expected, the Biden administration is going all-in on decarbonization. Although his drilling ban on federal lands and cancellation of Canada’s KXL pipeline do little to impede American oil production or consumption...
What Does Efrac Need to Flourish?
Halliburton (NYSE: HAL) reported what it contends is the industry’s first successful electric grid-powered hydraulic fracturing operation. Rigzone’s article on the Efrac development generated considerable interest from