Plays Covered: Bakken, Three Forks, Niobrara, Codell, Mancos, Parkman, Turner, Frontier
With stabilizing oil prices and substantial midstream takeaway capacity growth throughout the Bakken and Niobrara regions (and more potentially on the way), producers are itching to start completing their backlog of drilled but uncompleted wells (DUCs). Stacked deep with oil-bearing benches, the Bakken and Niobrara are sleeping shale giants ready to rise. Producers continue to hone their time-tested, efficient processes and squeeze every dollar from their best wells as the market shows signs of hope.
The 2017 DUG Bakken and Niobrara conference and exhibition corrals the regions' top players to participate in profound discussions on the current stamina of the industry and what's next for producers in the Rockies and Northern Great Plains. Get the latest production estimates, learn about increasing deal flows and expanding midstream takeaway capacity, and hear the latest forecasts on commodity prices and CAPEX investment. On March 16th, hundreds of oil and gas professionals will gather to listen to 25+ executive-level speakers and meet with leading exhibitors in Denver.
New for 2017 - Efficient One-Day Format -
This year's conference and exhibition will include a focused, one-day format with a chance to hear from and network with the industry's most sought after executives. Invest in one of the most valuable and informative days of the year, where you'll gain market intel from the region’s top public and private producers.
Flotek, IBM Begin Developing Cognitive Reservoir Performance System IBM (NYSE: IBM) and Flotek Industries Inc. (NYSE: FTK) have agreed to develop a cognitive reservoir performance system for the oil and gas industry, according to a news release.Using IBM Watson Explorer technology, the system will analyze Flotek’s proprietary oilfield chemistry research, oil and gas client-contributed data and publicly reported sources from completion and production to reveal insights and identify new approaches to enhance the performance of wells throughout their entire life-cycle, the release said.
BHP Billiton's Fayetteville Shale Gas Assets For Sale BHP Billiton Ltd. (NYSE: BHP) has put its Fayetteville shale gas assets in the U.S. back on the block, the world's largest miner said April 26, as it seeks to focus on more lucrative opportunities in oil.BHP first tried to sell the Fayetteville assets more than two years ago, having made the shale gas investment in 2011 before writing it down by $2.8 billion a year later after gas prices dropped.But it shelved the idea of a sale in February 2015, saying at the time it planned to "maximize value" of the assets. BHP valued the business at $919 million at the end of 2016, according to its annual accounts.