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Rigzone Industry News

1. Frackers Preach Patience on Payoff From $70 Oil, Growth in Shale

   The world's biggest oilfield service companies have a message for investors: There's a payoff for patience.

2. Oil Slips as Trump and France's Macron Talk Iran Deal

   Oil prices slips as concerns that the United States might reinstate sanctions against Iran faded somewhat, alleviating worries about the future of Iranian exports.

3. Shell to Deploy New Design in Mississippi Canyon

   Shell, Statoil to proceed with eight-well subsea project southeast of New Orleans.

4. Permian Basin Seen Growing to Largest Oil Patch in the World

   The Permian shale play is all about setting records. Now, the region will probably become the world's largest oil patch over the next decade.

5. The Real Oil, Gas Disrupter – Application of Technology

   Big Data and analytics experts discuss the real challenges the industry faces as it adopts and implements the use of more technology.