
Regional News: United States
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Drillinginfo Creates Data, Analytics 'Powerhouse' with Latest Acquisition
Wednesday, June 19, 2013 Drillinginfo acquires Transform Software & Services, creating a powerhouse that will deliver billions of dollars in exploration and production value and productivity gains for energy producers.
COMMENTARY: An Obama-Buffett Connection Could Keep Crude Rolling by Rail
Wednesday, June 19, 2013 There is no doubt that every day Keystone XL is delayed, Berkshire Hathaway - controlled by major Democrat donor Warren Buffett - makes a lot of money.
Crude Oil Slightly Lower After Fed Statement, Inventory Data
Wednesday, June 19, 2013 US crude futures settle slightly lower, as traders weigh the Federal Reserve's latest assessment of the US economy and data on US oil inventories.
US Not Immune from Saudi Oil Export Disruption
Tuesday, June 18, 2013 Despite growth in US tight oil production, a disruption of Saudi Arabian oil will still impact the United States.
Duke Energy Elects Lynn Good as President, CEO
Tuesday, June 18, 2013 Duke Energy announces that the board of directors has unanimously elected Lynn Good as its next president and chief executive officer, succeeding Jim Rogers.
Nymex Crude Settles at Nine-Month High Ahead of Fed Move
Tuesday, June 18, 2013 Crude-oil futures settles at a nine-month high, rallying in anticipation that the Federal Open Market Committee will keep stimulus efforts unchanged.
Survey: Commodity Prices Remain Primary Concern for Upstream
Tuesday, June 18, 2013 Uncertainty regarding natural gas and crude oil prices remains the primary concern of upstream U.S. energy companies for the second consecutive year, according to Grant Thornton LLP’s 11th Survey of upstream U.S. energy companies.
Successful Flowtest for Black Elk Energy's Ship Shoal Well
Monday, June 17, 2013 Black Elk Energy reports a successful flowtest at Ship Shoal Block 198 Well #I-6.
Natural Resources Purchases Assets in Bakken/Three Forks Play
Monday, June 17, 2013 Natural Resources Partners purchase assets in the Williston Basin, located in North Dakota and Montana.
North Dakota Oil, Gas Production Hits All-Time High in April
Monday, June 17, 2013 North Dakota's Department of Mineral Resources reports that the state's oil and natural gas production reached a new record high in April thanks primarily to Bakken and Three Forks activity.
Chevron Selling $6 Billion of Bonds Ahead of Fed Meeting
Monday, June 17, 2013 Taking advantage of a calmer market ahead of a key Federal Reserve meeting, Chevron is selling $6B in corporate bonds, its largest deal since at least 1995.
Crude-Oil Ends Near Flat as Traders Eye Mideast Risks
Monday, June 17, 2013 US crude-oil futures settle slightly lower, holding close to 4-month highs, as traders gauge whether the involvement of world powers in the Syrian conflict will disrupt oil supplies.
Chesapeake Governance Measures Fail In Vote
Saturday, June 15, 2013 After a year of successfully pushing for sweeping changes at Chesapeake, shareholders failed to adopt corporate governance measures some investors had been demanding for years.
Oil Jumps to Four-Month High as Concerns Over Syria Escalate
Friday, June 14, 2013 Crude-oil futures settle at a four-month high, lifted by fears that US intervention in Syria will stoke further conflict in the oil-rich Middle East.
US Oil Production Could Hit 10 MMbopd by 2040
Friday, June 14, 2013 US crude oil production could rise to 10 million barrels per day between 2020 and 2040 thanks to the shale oil boom, EIA reports.
Arkansas, US Sue ExxonMobil Over March Pipeline Oil Spill
Thursday, June 13, 2013 Arkansas and federal officials file a lawsuit against ExxonMobil for allegedly violating pollution laws following the March rupture of an oil pipeline in the state.
Nymex Crude Rallies to 3-Week High as Equities Climb
Thursday, June 13, 2013 Crude-oil futures settle at a three-week high in a late-session rally, amid a rally in the equity market and encouraging data on the US economy.
Marathon Oil CEO Cazalot to Retire; Replaced by ExxonMobil's Tillman
Thursday, June 13, 2013 Marathon Oil Corp. says Chairman and CEO Clarence P. Cazalot Jr., will retire, and Lee M. Tillman, an ExxonMobil executive, replacing him as CEO.
NASA, Astro Technology Develop Offshore Fiber-Optic Technology
Thursday, June 13, 2013 NASA and Astro Technology develop and deploy a new fiber-optic technology for use in monitoring stress on offshore platforms.
Peru Seeks Investments of at Least $1B in Amazon Oil Auction
Thursday, June 13, 2013 Peru's government aims to attract more than $1 billion in investments in an upcoming public auction of 26 oil concessions in the country's Amazon region, a top government official says.
Former Anadarko CEO Joins Riverstone Holdings
Thursday, June 13, 2013 Riverstone Holdings announces that James T. Hackett has joined the firm as a Partner and will co-head its Houston office.
Crude Rises as Inventory Data Calms Fears of Increasing Supplies
Wednesday, June 12, 2013 Crude-oil futures edge higher after a weekly government report on US oil inventories calmed trader concerns about rising supplies.
'Open Fuel Standard' Proponents Want More Flexible FFVs
Wednesday, June 12, 2013 Could an open fuel standard be a boon for US natural gas producers?
Nymex Crude Edges Lower on Equities' Drop, OPEC Outlook
Tuesday, June 11, 2013 Nymex crude edges lower as concerns grow over central banks cutting back stimulus measures and a lower OPEC forecast for global oil demand.
Electrical Safety Growing Focus for Oil, Gas Industry
Tuesday, June 11, 2013 The oil and gas industry seeks to address the risks that arc flashes poses to its operations and workers.
Kabe to Form Oil Exploration JV with Canadian Firm in Southern Kansas
Monday, June 10, 2013 Kabe Exploration plans to set up a joint venture with Canada's International Equity Partners Oil & Gas, Inc.
Daybreak Oil and Gas Strikes Oil in East Slope Project in California
Monday, June 10, 2013 Daybreak Oil and Gas meets further success at its drilling program in the East Slope Project in Kern County, California.
Devon Energy Names Hager as Chief Operating Officer
Monday, June 10, 2013 Devon Energy promotes David Hager, the head of its exploration and production business, as its chief operating officer.
Atlas Resource Agrees to Buy $733MM in Natural Gas Reserves
Monday, June 10, 2013 Atlas Resource Partners agrees to buy 466 billion cubic feet of natural gas proved reserves.
Nymex Crude Settles 26 Cents Lower at $95.77
Monday, June 10, 2013 Crude-oil futures settle slightly lower as traders react to weekend data showing sluggish economic growth in China.
Barclays: Summer Could Bring Busy Contracting Season for Deepwater Rigs
Monday, June 10, 2013 Recent deepwater rig announcements may indicate an active contracting season for deepwater rigs this summer, Barclays reports.
Rigzone's 2013 OTC Winner
Monday, June 10, 2013 Rigzone congratulates this year's grand prize winner at the 2013 Offshore Technology Conference (OTC).
EIA: Amount of Technically Recoverable Global Shale Resources Grows
Monday, June 10, 2013 The amount of technically recoverable shale oil and gas resources has grown, according to EIA's recent update of global shale resource estimate.
Nymex Crude Settles $1.27 Higher at $96.03/bbl
Friday, June 07, 2013 Crude-oil futures settle higher as investors read into the better-than-expected May U.S. nonfarm payroll data as evidence of buoyant economic conditions.
Baker Hughes Rig Activity Falls
Friday, June 07, 2013 Baker Hughes reports that the number of rigs it has actively exploring or developing oil fell in May.
Oil, Gas Activity Boosts North Dakota, Texas Economies
Friday, June 07, 2013 Oil and gas exploration and production played a significant role in 2012 in boosting economic growth in North Dakota and Texas, the U.S. Bureau of Economic Analysis reports.
Cubic Energy Extends Closing of Previous Purchase of Texas Assets
Thursday, June 06, 2013 Cubic Energy announces that the closing of the previously announced purchase of Gastar's East Texas properties has been extended.
Devon to Form Midstream MLP
Thursday, June 06, 2013 Devon Energy's board approves the proposed formation of a publicly traded midstream company.
API: Comment Period Extension for Fracking Regulations Justified
Thursday, June 06, 2013 BLM's decision to extend the comment period for the latest version of proposed hydraulic fracturing regulations for federal and Indian lands is warranted, says API.
Accelerated Production Systems Acquires Houston-based Manufacturing Company
Thursday, June 06, 2013 Accelerated announces its acquisition of the assets of Texas Systems & Controls, Inc.
Nymex Crude-Oil Ends Higher as Dollar Falls
Thursday, June 06, 2013 Crude-oil futures settle higher as the dollar tumbled and concerns grew about the strength of the US recovery ahead of Friday's jobs data.
M-I SWACO Unveils New Dual-Deck Shale Shaker
Thursday, June 06, 2013 M-I SWACO, a Schlumberger company, announces the introduction of the MD-2 dual-deck shale shaker.
Subsea Separation Tops List of Subsea Technology in Demand
Thursday, June 06, 2013 Subsea separation ranks as the most targeted technology for rapid development and application, according to a recent study by officials with FMC Technologies.
Chevron Notes Changes in Senior Leadership Shuffle
Wednesday, June 05, 2013 Chevron announces that Jeff Shellebarger has been named president of Chevron North America Exploration and Production Company.
Atwood Oceanics Secures Contract for Jackup
Wednesday, June 05, 2013 Atwood Oceanics announces that one of its subsidiaries has been awarded a drilling services contract for the Atwood Beacon by Eni.
Crude Futures Settle Higher as US Oil Stockpiles Drop
Wednesday, June 05, 2013 Oil futures rose after a government report showed US oil stockpiles pulled back from an 82-year high last week, as imports fell and refineries ramped up operations.
Aurora Drills New Wells In Eagle Ford
Tuesday, June 04, 2013 Australia’s Aurora Oil & Gas Ltd. has begun drilling two new horizontal wells inside recently acquired acreage in the Eagle Ford Shale petroleum play.
U.S. Oil Boom Scrambles Mideast Calculus
Tuesday, June 04, 2013 Government projections show that in September, for the first time in almost two decades, the U.S. will produce more oil than it imports.
Nighthawk Confirms Taos Oil Find in Colorado
Tuesday, June 04, 2013 Nighthawk announces an update on the drilling and development of the Arikaree Creek oilfield at its Smoky Hill project in the Denver-Julesburg Basin, Colorado.
Will Saudi Arabia Allow the U.S. Oil Boom?
Tuesday, June 04, 2013 Oilprice.com interviewed Chris Faulkner, CEO of Breitling Energy to see just how vulnerable the U.S. energy boom really is to Saudi Arabia and what would happen should Saudi Arabia flood the market.
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