Noble Energy scores first big M&A since price of oil dropped by 50% Noble Energy Inc said Monday it will acquire Rosetta Resources Inc for about $2 billion in stock, giving it a presence in the Permian and Eagle Ford shale plays. “The Eagle Ford and the Permian are premier unconventional resource plays, two of the most
Noble Energy acquires Rosetta Resources, accesses Permian, Eagle Ford shale plays Read More »
Eagle Ford operator reduced mill-out time to 10.5 minutes per frack plug from industry average of 25 minutes Time is money, and time spent drilling frack plugs is wasted. The new Weatherford TruFrac composite frack plug is designed to be milled out in half the time of a normal plug. The new frack plug was announced at
New frack plug cuts mill out times in half – Weatherford Read More »
Ending US crude oil export ban won’t raise domestic gasoline prices Lifting the 40-year-old US crude oil export ban on would have far-reaching effects on pricing, energy security and energy sector investment, according to new research from the Center for Energy Studies at Rice University’s Baker Institute for Public Policy in Houston. The study, “The
US crude oil export ban should be lifted – Rice University study Read More »
