Mexico’s Vista Oil & Gas to acquire Argentine shale assets for $700m

Vista Oil & Gas, the first Mexican pure E&P listed company in the Mexican Stock Exchange, has announced that it has agreed to acquire a fully operational oil & gas platform from Pampa Energía S.A. and Pluspetrol Resources Corporation with interests in certain exploitation concessions, assessment blocks and exploration permits in Argentina in a deal…


Reputable economic study weighs benefits, costs of living near US shale hot spots

Average households in U.S. shale oil and gas drilling hot spots have experienced property value, income and other benefits that outweigh the costs of a diminished quality of life brought on by the industrial activity, economists reported in a recent study for the Social Science Research Network (SSRN). The benefits were not uniform across shale drilling regions, some…


US shale producers to contain their enthusiasm as oil hangover eases

Shale oil companies are ready to play chicken with supply and demand again, according to a report by Bloomberg. Roiled by a year that began with crude at a 12-year low and ended with a surprise OPEC agreement boosting prices, U.S. producers including Continental Resources and Pioneer Natural Resources are promising not to overreact —…


New U.S. pipelines to double shale gas exports to more regions in Mexico: EIA

U.S. pipeline capacity for natural gas exports to Mexico has rapidly expanded in the past few years and currently stands at 7.3 billion cubic feet per day (Bcf/d). This existing cross-border capacity primarily supplies the Northeast and Central regions of Mexico. New capacity projected to be completed in the next several years will help to supply…