SAN ANTONIO, Sept. 24, 2015 /PRNewswire/ -- CIG Logistics, an industry-leading oil and gas logistics provider, has been awarded the contract to operate and manage the Southton Rail Yard in San Antonio. The 300-acre rail yard is designed for transloading and storage of energy-related products for the Eagle Ford Shale play. With 160 direct train-to-truck car spots and an ideal location, the Southton Rail Yard has the perfect capacity and proximity to South Texas drilling sites to help oil [Read more]
United States Will Be Net Exporter of Natural Gas by 2017
DENVER, Sept. 24, 2015 /PRNewswire/ -- The United States' natural gas demand is currently growing at the fastest pace since the early 1970s, and demand growth has now supplanted supply growth as the cornerstone for the outlook of the U.S. natural gas industry over the next five years, according to a new CoBank research report. The newly issued report entitled "U.S. Natural Gas Outlook through 2020: Demand Is the New Captain of the Ship," points out that the promise of low-cost, reliable [Read more]
Big Data in Oil & Gas Market 2015-2025
LONDON, September 24, 2015 /PRNewswire/ -- Forecasts by Spending Type (Hardware, Software, Services & Salaries) and Application Area (Upstream, Midstream, Downstream & Administration) The oil & gas industry has been slow to adopt big data when compared to other industries, such as finance or marketing. However, the market is set for strong growth over the next ten years as oil & gas companies begin to come to terms with how big data can improve their operations, particularly in the upstream [Read more]
Thigpen Energy Spins-Off From TRF Energy Solutions
HOUSTON, Sept. 24, 2015 /PRNewswire/ -- Thigpen Energy ("Thigpen", or "the Company") today announced the re-launch of the Thigpen Energy brand. Effective October, 1, 2015, Thigpen Energy will be spun out of TRF Energy Solutions and will become a stand-alone portfolio investment for Intervale Capital. In March 2015, Thigpen Energy's management team decided to change its market focus to industrial and pipeline integrity projects requiring large scale portable fueling solutions, and reallocate [Read more]
Antero Announces Closing of Water Business Drop Down Transaction and Private Placement of Common Units
DENVER, Sept. 24, 2015 /PRNewswire/ -- Antero Midstream Partners LP (NYSE: AM) ("Antero Midstream" or the "Partnership") and Antero Resources Corporation (NYSE: AR) ("Antero Resources" or the "Company") jointly announced today the closing of the previously announced $1.05 billion water business drop down transaction, private placement of 12,898,000 Antero Midstream common units to a group of institutional investors, and net issuance of 10,988,421 Antero Midstream common units to Antero [Read more]
Flotek Industries Announces Upcoming Investor Presentations
HOUSTON, Sept. 24, 2015 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK) will make a number of investor presentations in the coming weeks. Flotek will make a presentation at the Johnson Rice Energy Conference in New Orleans on Monday, September 28, 2015. John Chisholm, Chairman, President and Chief Executive Officer of Flotek, will present to conference attendees beginning at 3:05 pm EDT (2:05 pm CDT). The company will also make a presentation at the Independent Petroleum Association of [Read more]
Gastar Exploration to Present at the Johnson Rice & Company 2015 Energy Conference in New Orleans
HOUSTON, Sept. 24, 2015 /PRNewswire/ -- Gastar Exploration Inc. ("Gastar") (NYSE MKT: GST) today announced that the Company will be presenting at the Johnson Rice & Company 2015 Energy Conference on Monday, September 28, 2015 in New Orleans. Michael A. Gerlich, Chief Financial Officer, will make a presentation at 1:05 p.m. Central Time (2:05 p.m. Eastern Time). To listen to an audio webcast of the presentation and view accompanying presentation materials, visit the Investor Relations page of [Read more]
Enhanced Completions and Well Downspacing Keep the Bakken Pumping
LONDON, Sept. 23, 2015 /PRNewswire/ -- Enhanced Completions and Well Downspacing Keep the Bakken PumpingSummaryThough oil prices continue to slowly creep upward, operators are still wary of shale economics. In lieu of expanding operations, companies are consolidating and innovating: turning to already de-risked acreage and heavily focusing on downspacing and improving well performance in core areas. Enhanced completion methods, longer laterals, more proppant, and new targets in the Lower Three [Read more]
Eagle Ford Shale: Crude Oil Prices Level Off Development Activity
LONDON, Sept. 23, 2015 /PRNewswire/ -- Eagle Ford Shale: Crude Oil Prices Level Off Development ActivitySummaryOperators in the Eagle Ford have cut 2015 capital budgets significantly due to lower crude oil prices and in the near term further development of the play will slow significantly compared to 2014. In order to reduce costs quickly, rig contracts have been wound down by operators resulting in a large drop in active rigs during the first quarter of 2015. In order to improve drilling [Read more]
Energy Industry Experts Gathered to Discuss Supplier Diversity, Procurement Best Practices and Sustaining Operations During Industry-Wide Downturn
HOUSTON, Sept. 23, 2015 /PRNewswire/ -- Energy industry experts gathered Friday at the Energy Summit and Business Expo in Houston to discuss insights on the importance of maintaining a diverse supply chain, procurement best practices and opportunities for sustaining operations during the current industry-wide downturn. The event was organized by the Houston Hispanic Chamber of Commerce and sponsored by Shell Oil. "This event was put together to provide a unique perspective on the implications [Read more]
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