Company Operations News for United States


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Baker Hughes: US Drillers Add The Most Oil Rigs In A Week Since June
Friday, November 10, 2017 US energy companies added the most oil drilling rigs in week since June as crude prices traded up to their highest levels since the summer of 2015.

France's Total Opens Washington Office As Iran Risks Loom
Friday, November 03, 2017 Total has opened an office in Washington in a bid to strengthen relations with the U.S. administration as the French oil and gas company prepares to invest billions in Iran.

Occidental 3Q Profit Beats Forecasts On Rising Oil Prices
Wednesday, November 01, 2017 Occidental Petroleum Corp posts a better-than-expected quarterly profit as rising commodity prices offset Hurricane Harvey's impact on operations.

Devon Energy 3Q Profit Beats Estimates
Tuesday, October 31, 2017 Devon reports a bigger-than-expected quarterly profit, helped by higher realized prices for oil.

New Contracts Drive Diamond Offshore's Profit Beat; Shares Rise
Monday, October 30, 2017 Diamond Offshore reports a higher-than-expected quarterly profit after securing more contracts for its deep-water drilling rigs at better rates.

ConocoPhillips' Profit Beats Estimates, But Budget Cut 10%
Thursday, October 26, 2017 ConocoPhillips, the largest US independent oil producer, reports a better-than-expected quarterly profit.

Whiting Petroleum Quarterly Loss Shrinks As Oil Prices Rise
Wednesday, October 25, 2017 Whiting Petroleum posts a quarterly loss that was smaller than analysts had expected, due in part to higher crude prices.

Whiting Petroleum Names Bradley Holly As CEO
Tuesday, October 24, 2017 Oil producer Whiting Petroleum Corp said it has appointed Bradley Holly as chief executive officer.

Halliburton CEO Defends Fracking Business as Margins Disappoint
Monday, October 23, 2017 Fracking isn't looking so great for the world's biggest fracker, but the CEO of Halliburton says he can pull some levers to improve profits.

Emerson Expands Technology Footprint, Acquires Paradigm
Tuesday, October 17, 2017 Emerson has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry.

India's Reliance Sells US Shale Asset for $126 Mln
Friday, October 06, 2017 Reliance bought the Marcellus asset in 2010 for $392 million.

U.S. Gulf Oil Producers Start Evacuating Staff Ahead of Tropical Storm Nate
Thursday, October 05, 2017 Oil and natural gas producers began evacuating staff at U.S. Gulf of Mexico platforms ahead of Tropical Storm Nate, the second storm in as many months to threaten Gulf Coast oil and refining facilities.

Jon Huntsman Drops Off Chevron's Board After Winning Moscow Post
Tuesday, October 03, 2017 Jon Huntsman quits Chevron's board.

Harvey Strikes Employment: CB&I Lays Off Hundreds
Monday, September 25, 2017 Damages sustained by Hurricane Harvey have forced the closure of one of CB&I's facilities in Beaumont, Texas.

Baker Hughes: US Oil Drillers Cut Rigs As Recovery Stalls
Friday, September 08, 2017 US energy firms cut oil rigs for a third time in the past four weeks as a 14-month drilling recovery stalls with energy firms reducing spending plans in response to recent crude price declines.

North American Exodus At PetroChina Sparks Speculation Of Company Shift
Wednesday, August 23, 2017 A flurry of departures across the US and Canadian units of PetroChina have sparked speculation that the oil trader is reducing its presence in North America.

BHP To Quit US Shale Business As Annual Profit Surges
Tuesday, August 22, 2017 BHP Billiton reported a surge in underlying full-year profits and said it would exit its underperforming US shale oil and gas business.

Chevron's Watson Said to Plan to Step Down, Journal Reports
Tuesday, August 22, 2017 John Watson, who has led Chevron since 2010, is planning to step down as the oil major seeks a new CEO, the Wall Street Journal says.

Baker Hughes: US Drillers Cut Oil Rigs For Second Week In Three
Friday, August 18, 2017 US energy firms cut oil rigs for a second week in three, data shows, with drillers cutting spending plans in reaction to declining crude prices.

Chesapeake To Cut Rig Count, Bring Fewer Wells To Production
Thursday, August 03, 2017 Chesapeake beats quarterly profit estimates, but says it plans to cut its rig count and bring fewer wells into production this year.

EOG Resources Profit Disappoints, But Sticks By CAPEX
Tuesday, August 01, 2017 EOG Resources Inc posted a lower-than-expected quarterly profit.

Devon Energy Trims Full-Year Spending
Tuesday, August 01, 2017 Devon Energy trims its full-year exploration spending by $100 million, joining a growing list of US shale producers.

Pioneer Natural Trims 2017 Budget, Cites Weak Oil Prices
Tuesday, August 01, 2017 Pioneer Natural Resources Co posted a better-than-expected profit, but said it would trim its 2017 capital budget.

Baker Hughes Quarterly Loss Narrows; Expects Slower Activity In 2H
Friday, July 28, 2017 Oilfield services provider Baker Hughes, now part of GE, expects growth in North American onshore activity.

Anadarko Becomes First US Oil Producer To Slash 2017 CAPEX
Monday, July 24, 2017 Anadarko Petroleum posts a larger-than-expected quarterly loss and said it would cut its 2017 capital budget.

QEP Resources To Sell Wyoming Natgas Assets For About $740MM
Monday, July 24, 2017 QEP Resources says it will sell its natural gas assets in Wyoming.

GE Sinks as Oil Outlook Sputters, Marring End of Immelt's Tenure
Friday, July 21, 2017 Even in his final days as General Electric Co.'s CEO, Jeffrey Immelt can't escape the stench of oil.

Halcon Pivots to Permian with $1.4 Billion Bakken Deal
Tuesday, July 11, 2017 Shale oil producer Halcon Resources Corp said it would sell most of its North Dakota operations for $1.4 billion cash, part of a plan to shift its focus to Texas' Permian Basin, the largest U.S. oilfield.

Freeport-McMoRan Cuts Another 25 Jobs
Monday, July 10, 2017 Houston-based Freeport-McMoRan Oil and Gas is conducting another round of layoffs due to asset sales.

Halliburton in Summit Acquisition
Thursday, July 06, 2017 Halliburton Company announces the acquisition of Summit ESP, a provider of electric submersible pump (ESP) technology and services.

Michigan Fires Contractor Doing Enbridge Oil Pipeline Risk Analysis
Wednesday, June 21, 2017 The US State of Michigan said it has fired a consultant after state officials discovered a conflict of interest with an employee of the company.

Oil And Gas Producer EQT To Buy Rice Energy In $6.7B Deal
Monday, June 19, 2017 EQT to buy Rice Energy for $6.7 billion in its biggest deal ever, as it looks to expand its natural gas business.

WPX Forms JV To Develop Midstream Assets In Permian Basin
Tuesday, June 13, 2017 U.S. oil and gas producer WPX Energy Inc agrees to form a joint venture with privately held Howard Energy Partners to develop oil gathering and natural gas processing infrastructure in the Permian.

Encana To Sell Natgas Assets To Caerus Oil For $735MM
Friday, June 09, 2017 Encana says it will sell its Piceance natural gas assets in northwestern Colorado for $735 million.

Nearly 100 Oil, Gas Workers in Texas to Lose Jobs
Wednesday, June 07, 2017 Two oil and gas companies have announced they will be reducing their workforces in Texas.

Halliburton CEO To Retire Next Month, Be Replaced By Jeff Miller
Wednesday, May 17, 2017 Halliburton says that Chief Executive Officer Dave Lesar will retire on June 1.

BP Accuses Former Oil Analyst Of Stealing Trade Secrets
Friday, May 12, 2017 BP has sued a former US oil analyst for allegedly stealing trade secrets and other confidential information, according to court filings.

Freeport-McMoRan Oil & Gas Lays Off Dozens More in Houston
Monday, May 08, 2017 The oil and gas company announces another round of layoffs due to the company's divestiture of assets in onshore California and the Gulf of Mexico.

Marathon Oil's Loss Smaller Than Expected On Higher Crude Prices
Friday, May 05, 2017 Marathon Oil reports a smaller-than-expected quarterly loss.

Occidental Profit Beats; Shares Fall On Weak Output Forecast
Thursday, May 04, 2017 Occidental Petroleum's quarterly profit beats estimates but the company's shares fall to a near eight-year low.

Apache Raises North America Output Forecast, Swings To Profit
Thursday, May 04, 2017 Apache swings to a first-quarter profit on higher oil prices and one-time property sales.

Offshore Automation Pro Outlines Solution to 'New Problem'
Wednesday, May 03, 2017 Offshore oil and gas operators need to counter growing risks to mission-critical systems, industrial automation expert tells Rigzone at OTC.

Pioneer Natural Resources Reports Strong Results; Forecast Disappoints
Wednesday, May 03, 2017 Pioneer Natural Resources reports a better-than-expected adjusted profit.

Noble Energy To Sell Marcellus Gas Assets For $1.23B
Tuesday, May 02, 2017 Noble Energy says Tuesday it would sell all its natural gas production assets in the Marcellus shale field for $1.23 billion.

ConocoPhillips Posts Surprise Loss On Higher-Than-Expected Costs
Tuesday, May 02, 2017 ConocoPhillips reports a surprise quarterly loss as operating costs came in higher than Street estimates.

Anadarko Petroleum Posts Bigger-Than-Expected Loss As Costs Rise
Tuesday, May 02, 2017 Anadarko reports a bigger-than-expected quarterly loss.

Diamond Offshore's Profit Beats Estimates On Lower Costs
Monday, May 01, 2017 Diamond Offshore Drilling reports a higher-than-expected quarterly profit, helped by lower costs.

Anadarko Shares Fall After Colorado Blast Prompts Well Closings
Thursday, April 27, 2017 Anadarko drops the most since August after the oil and natural gas explorer said it will shut more than 3,000 Colorado wells as part of an investigation into a deadly house explosion.

Hess Reports Smaller Loss As Oil Prices Rise, Costs Fall
Wednesday, April 26, 2017 Hess reports a smaller quarterly loss as a rise in oil prices and fall in costs helped the US oil producer offset a drop in production.

Baker Hughes Expects N. America Revenue To Rise In 2Q
Tuesday, April 25, 2017 Baker Hughes expects revenue from North America to rise in the current quarter from the first as oil producers drill more onshore wells.

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