'New Player' Enters Louisiana Austin Chalk
Monday August 13, 2018 - Amelia Resources has sold 40,000 net acres of newly acquired leases in Louisiana Austin Chalk and Louisiana-Mississippi (LAMS) Stack plays to an 'undisclosed US-based buyer.'
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'New Player' Enters Louisiana Austin Chalk
Monday, August 13, 2018 Amelia Resources has sold 40,000 net acres of newly acquired leases in Louisiana Austin Chalk and Louisiana-Mississippi (LAMS) Stack plays to an 'undisclosed US-based buyer.'
ConocoPhillips to Cut US Staff in September
Monday, August 13, 2018 Oil and gas producer ConocoPhillips will be implementing modest workforce reductions.
Permian Producer Occidental Raises CAPEX Budget, Investors Balk
Thursday, August 09, 2018 Occidental Petroleum says it was raising its capital spending sharply but it maintained a tepid production forecast for the year.
Kosmos Energy Expands into Gulf of Mexico with $1.23 bln DGE Buy
Monday, August 06, 2018 Kosmos Energy has agreed to acquire Deep Gulf Energy (DGE) from its private equity owner for $1.23 billion, expanding the deepwater oil and gas firm's operations into the Gulf of Mexico.
Schlumberger Appoints Shale Innovator Mark Papa to Board
Monday, August 06, 2018 Schlumberger appointed shale pioneer Mark Papa and energy researcher Tatiana Mitrova to its board of directors, according to a filing with the U.S. Securities and Exchange Commission.
Noble Energy Gives In to Permian and Transport Challenges, Shares Fall
Friday, August 03, 2018 Noble Energy Inc said on Friday it would shift some investments outside of the Permian Basin and cut back on planned well completions.
Feds Drop Obama-era ExxonMobil Probe
Friday, August 03, 2018
ConocoPhillips to Sell Barnett Assets
Thursday, August 02, 2018 ConocoPhillips enters into an agreement to sell its interests in the Barnett shale play to Lime Rock Resources.
Harvest Midstream to Purchase Assets from Williams for More than $1B
Tuesday, July 31, 2018 The deal is one of two made by Williams Cos. in the same day that will see Williams exiting the Four Corners region.
Frac Sand Producer US Silica Forecasts Strong Second Half
Tuesday, July 31, 2018 US Silica Holdings Inc's forecast an upbeat second half of the year on strong demand.
Diamond Offshore Posts Smaller-Than-Expected Loss On Lower Costs
Monday, July 30, 2018 Diamond Offshore Drilling posts a smaller-than-expected loss.
Saudi Aramco Weighing Global Bond Sale for First Time
Friday, July 27, 2018 If Aramco goes ahead with an international bond, the sale would force it to disclose its accounts to investors for the 1st time since nationalization 4 decades ago.
BHP Agrees to Sell US Onshore Assets for $10.8B
Friday, July 27, 2018 BHP has entered into agreements for the sale of its entire interests in the Eagle Ford, Haynesville, Permian and Fayetteville onshore US oil and gas assets for a combined base consideration of $10.8 billion.
Weatherford Posts Smaller-Than-Expected Loss On Higher Drilling
Friday, July 27, 2018 Weatherford International reported a smaller-than-expected loss.
Baker Hughes: US Drillers Add Oil Rigs For First Week In Three
Friday, July 27, 2018 US energy companies this week added oil rigs for the first time in the past three weeks.
ConocoPhillips Boosts 2018 Spending, Production Outlook
Thursday, July 26, 2018 ConocoPhillips posts better-than-expected quarterly profit thanks to rising crude prices.
Hess Loss Shrinks As Higher Oil Prices Offset Falling Output
Wednesday, July 25, 2018 Hess posts a smaller-than-expected quarterly loss, as higher crude prices offset an unexpected drop in production.
UK Subsea Services Company Announces Plans to Double Workforce
Monday, July 23, 2018 UK-based Rovco, a subsea ROV and hydrographic company, announced Monday plans to double its workforce as it prepares for global expansion.
US Drilling Companies Announce Merger Agreement
Friday, July 20, 2018 Independence Contract Drilling Inc. and Sidewinder Drilling LLC have entered into a definitive merger agreement.
Schlumberger, Baker Hughes Set Sights on 'Healthy' 2H
Friday, July 20, 2018 Schlumberger and Baker Hughes have their sights set in different directions as they move into the second-half of 2018.
Baker Hughes: US Drillers Cut Rigs By Most Since March This Week
Friday, July 20, 2018 US energy companies this week cut oil rigs by the most in a week since March.
BP Named One of Best Employers for LGBT Staff
Thursday, July 19, 2018 BP plc has been named on Stonewall's list of the best multinational employers for lesbian, gay, bi and trans (LGBT) staff.
BHP: Exit Process for Onshore US Assets Progressing to Plan
Wednesday, July 18, 2018 BHP says the exit process for its onshore US assets is 'progressing to plan'.
Total Completes Acquisition of Engie's Upstream LNG Business for $1.5B
Friday, July 13, 2018 Total completes the acquisition of Engie's portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion.
Automation in Oil and Gas: An Ally, Not an Enemy
Friday, July 13, 2018 Automation can be a solution to the problem of an ageing workforce.
Seadrill Emerges From Chapter 11 Bankruptcy
Monday, July 02, 2018 Seadrill says it successfully completed its reorganization, emerging from a US Chapter 11 bankruptcy process launched last September.
Sandridge To Explore Strategic Options, Including Sale
Friday, June 29, 2018 U.S. shale oil producer SandRidge Energy Inc says it plans a strategic review of its business that could include a sale of the company or some of its assets.
Activist Investor Icahn Raises Stake In Oil Producer Energen
Tuesday, June 26, 2018 Activist investor Carl Icahn boosts his stake in Energen Corp, a filing shows on Tuesday.
Atkins Secures New Framework Contract with BP Global Wells Organization
Monday, June 25, 2018 Atkins, a member of the SNC-Lavalin Group, secures a 5-year framework contract with the BP global wells organization for global riser analysis services.
Icahn Is Said to Have Won Control of Board at SandRidge
Tuesday, June 19, 2018 Activist investor Carl Icahn has won control of SandRidge's board based on preliminary results, according to sources.
Cox Oil to Buy Energy XXI Gulf Coast for $322 Million
Monday, June 18, 2018 Cox Oil snaps up Energy XXI Gulf Coast for $322 million, a 21% premium to its June 15 share price.
Baker Hughes: US Drillers Add Oil Rigs For Third Week In A Row
Friday, June 08, 2018 US energy companies added oil rigs for a third week in a row even though crude prices have declined about 8% over the past three weeks.
Devon Energy To Sell Some Midstream Stakes To Cut Debt, Sharpen Focus
Wednesday, June 06, 2018 Devon Energy Corp plans to sell its interests in EnLink Midstream to an affiliate of fund manager Global Infrastructure Partners for $3.13 billion in cash.
Zachry Engineering to Close Texas Design Center
Tuesday, June 05, 2018 The company will be closing the doors to its design center in Amarillo later this summer.
XTO Energy Closes Headquarters; Relocates Hundreds to Houston
Tuesday, May 15, 2018 More than 1,000 XTO Energy employees will relocate to Houston after the company closes the doors to its Fort Worth headquarters this summer.
Energen Profit More Than Triples On Higher Oil Prices
Tuesday, May 08, 2018 Energen Corp reports a first-quarter profit that more than tripled, helped by a surge in production and higher average prices for its oil.
Baker Hughes: US Drillers Add Oil Rigs For Fifth Straight Week
Friday, May 04, 2018 US energy companies added oil rigs for a fifth week in a row as they follow through on plans to spend more on drilling this year.
Apache Beats Profit Estimates On Higher Crude Prices
Wednesday, May 02, 2018 Apache reports a 32% fall in first-quarter profit as the oil and gas producer failed to benefit from higher crude oil prices due to lower production.
Continental Resources Profit Surges Past Wall Street's Forecast
Wednesday, May 02, 2018 Continental Resources posts a better-than-expected quarterly profit.
Noble Energy's Sales Volume Forecast Disappoints, Shares Slide
Tuesday, May 01, 2018 Noble Energy's 1Q profit topped analysts' estimates.
Diamond Offshore Posts Smaller-Than-Expected Quarterly Loss
Monday, April 30, 2018 Diamond Offshore Drilling reports a smaller-than-expected quarterly loss.
Subsea 7 Says Could Change Offer If McDermott Cooperates
Wednesday, April 25, 2018 Subsea 7 is open to potentially sweetening its $2B offer for McDermott if the US company would work with it to identify additional benefits of a deal, Subsea says.
EM&I: Local Staff 'Key' to Success of Overseas Bases
Monday, April 23, 2018 Employing a local staff majority as soon as possible has been 'key' to the success of EM&I Group's overseas bases, the international asset integrity specialist reveals.
Drilling Systems, AIS Launch New Tech-Focused Training Company
Friday, April 20, 2018 Drilling Systems, a simulator developer, joins forces with industrial training provider AIS to create a new technology-focused training organization for the global energy industry.
Schlumberger Profit Surges On Higher Oil Prices
Friday, April 20, 2018 Oilfield services provider Schlumberger NV reports an 88% rise in quarterly profit as rising crude oil prices encourage its North American clients to ramp up spending.
UK's Weir To Buy U.S. Mining Tools Maker ESCO For $1.05B
Thursday, April 19, 2018 Weir Group Plc, which makes pumps and valves for mining and energy industries, says it will buy ESCO Corp, a U.S.-based maker of equipment parts, for an equity value of $1.05 billion.
Petroplan Appoints New CEO
Wednesday, April 18, 2018 Petroplan Group appoints Philippa Barnes as its new CEO.
Devon Energy Plans to Lay Off 9 Percent of Staff to Boost Returns
Tuesday, April 10, 2018 U.S. shale oil producer Devon Energy Corp will lay off 300 workers, roughly 9 percent of staff, as part of a plan to streamline its operations.
Chevron Boosted Compensation for Incoming CEO Wirth in 2017
Tuesday, April 10, 2018 Chevron Corp boosted the pay for executive Mike Wirth last year by more than 25 percent ahead of his appointment as chief executive in early 2018.
Bonanza Creek Appoints Eric Greager as CEO
Thursday, April 05, 2018 U.S. oil and gas producer Bonanza Creek Energy Inc named Eric Greager as its new CEO effective April 11.
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