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Rig Count Keeps Growing Led by Texas, Eagle Ford

The U.S. rig count continued to increase in the week ended April 28, with most of the growth coming from Texas led by the Eagle Ford Shale, oilfield services firm Baker Hughes reported. For the week,…

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Driller Sees Success Converting Vertical Wells to Horizontal

The oil patch version of teaching an old dog new tricks is resulting in success for one San Antonio-based oil company. “When we acquired Brushy Resources, it had some vertical wells,” said Avi Mirman, chief…

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Water Management Continues to Preoccupy Permian Operators

In arid West Texas and southeastern New Mexico, located at the edge of the Chihuahuan Desert, water continues to become an important issue. Not the lack of water, but the abundance of water being produced…

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Shale Investments Have Surged by $100 Billion, Report Says

Ever since OPEC began cutting oil production, drilling in the United States has surged. Norwegian consultancy Rystad Energy estimates $100 billion in investment funds has flowed into the U.S. shale industry over the past year,…

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Poland to Buy U.S. Nat Gas, Cut Dependence on Russia

Poland has signed its first deal to purchase liquefied natural gas from a U.S. supplier, a step that will help the country’s efforts to cut its dependence on deliveries from Russia, officials said Thursday. The…

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Anadarko Shuts Operations in NE Colorado After Fatal Blast

Anadarko Petroleum Corp. said it shut down operations across northeast Colorado in response to investigations of a fatal explosion near one of its wells. Two people were left dead after the April 17 explosion in…

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