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US Drops 25 Oil and Gas Rigs This Week
Friday, January 18, 2019 This marks the third consecutive week of rig declines for the US.

Shell Appoints New Upstream Director
Thursday, January 17, 2019 Shell appoints Wael Sawan as its new upstream director.

Halliburton Names New Western Hemisphere President
Tuesday, January 15, 2019 The oil services giant has promoted Mark Richard as president for the Western Hemisphere.

WildHorse to Lay Off Staff After Chesapeake Acquisition
Monday, January 14, 2019 WildHorse Resources Management Company will permanently close its Houston office, resulting in almost 100 layoffs.

US Drops Four Oil Rigs This Week
Friday, January 11, 2019 The US oil rig count dropped by four this week, while the country added four gas rigs, keeping the total rig count flat.

Chesapeake to Cut Rigs to Reduce CAPEX in 2019
Thursday, January 10, 2019 The Oklahoma City-based E&P company is lowering its rig count by 20% in 2019.

One of Oil's Highest Paid Execs Taking Pay Cut
Wednesday, January 09, 2019 One of the oil industry's highest-paid executives is taking a pay cut as his company braces for possibly difficult times ahead after its stock plunged last year.

QEP Resources Receives $2B Takeover Bid
Monday, January 07, 2019 Elliott Management Corp. has offered up $2.07 billion in cash for 'undervalued' QEP Resources.

Halliburton's Lesar Exits After 25 Years
Thursday, January 03, 2019 Dave Lesar stepped down as chairman of Halliburton, ending a 25-year run with the oil-services giant.

Earthstone Terminates Sabalo Acquisition
Thursday, December 27, 2018 Earthstone Energy and Sabalo Energy have terminated their deal based on poor market conditions.

Kosmos Energy to Relocate to Delaware
Friday, December 21, 2018 Kosmos Energy has filed with the US Securities and Exchange Commission to redomesticate from Bermuda to the US.

No Theft in Saipem Cyber Attack
Tuesday, December 18, 2018 Saipem reveals there has been no theft or loss of data in connection with the cyber attack it suffered recently.

Sources Say Shell In Talks to Buy Endeavor
Tuesday, December 18, 2018 Shell is in negotiations to buy Endeavor Energy Resources for about $8 billion, according to people familiar with the matter.

Weatherford Sells Data Logging Business to Pay Debt
Monday, December 17, 2018 This is one of a series of planned divestitures by the oilfield services company that was recently warned of delisting by the NYSE.

Noble Secures 5 New Rig Contracts
Monday, December 17, 2018 Noble has racked up new contracts in the US Gulf, Australia and South America.

Saipem Reveals Extent of Cyber Attack
Thursday, December 13, 2018 The cyber attack on Saipem hit servers based in the Middle East, India, Aberdeen and Italy.

Parker Drilling Files for Chapter 11 Bankruptcy
Wednesday, December 12, 2018 The Houston oilfield services provider has entered a restructuring process.

ConocoPhillips Plans for $6.1B Capital Spend in 2019
Monday, December 10, 2018 ConocoPhillips is keeping capital expenditures flat in 2019 while anticipating a production surge.

Chevron Boosts Spending on Shale Projects
Friday, December 07, 2018 Chevron raises its spending budget for the first time since 2014.

US Oil Rig Count Drops by 10
Friday, December 07, 2018 US drillers cut 10 rigs this week.

Sanchez Energy Enlists Advice from Restructuring Firm
Thursday, December 06, 2018 Sanchez Energy has reached out to a restructuring firm as the company explores strategic alternatives.

Transocean Acquires Ocean Rig
Wednesday, December 05, 2018 Transocean reports that it has completed its acquisition of Ocean Rig UDW Inc.

Accenture Acquires Enaxis Consulting
Tuesday, December 04, 2018 Accenture acquired Enaxis Consulting to help grow its oil and gas business in North America.

Energy Firms Help California Wildfire Relief Efforts
Tuesday, November 20, 2018 Several energy companies have pledged donations to support relief efforts for those affected by the wildfires in California.

Pacific Drilling Emerges from Bankruptcy
Tuesday, November 20, 2018 Pacific Drilling emerges from Chapter 11 bankruptcy and names a new CEO.

V&E Partner Talks Permian Hiring
Friday, November 16, 2018 As long as oil prices remain strong and takeaway capacity exceeds production, producers will be hiring in the Permian, according to V&E partner John Grand.

Anadarko Names Former EVP, CFO as New President
Friday, November 16, 2018 Anadarko names Bob Gwin as the company's president.

Pioneer to Move to All West Texas Sand in 2019
Thursday, November 15, 2018 Pioneer Natural Resources is closing a sand mine in Central Texas as the company transitions proppant supply to West Texas sand sources.

University Launches Growth Program for Energy Firms
Wednesday, November 14, 2018 Robert Gordon University is launching a program to support businesses within the energy sector to accelerate their growth.

Chevron Wellhead Deal Goes to TechnipFMC
Wednesday, November 14, 2018 TechnipFMC signs a surface technologies frame agreement with Chevron.

Halliburton Gets Second CFO in 17 Months
Tuesday, November 13, 2018 Halliburton reported Monday that it has promoted Lance Loeffler to CFO.

Pioneer Sells Pressure Pumping Assets to Midland Company
Tuesday, November 13, 2018 Pioneer Natural Resources is selling the assets to Midland, TX-based oilfield services company ProPetro for $400MM.

Oasis Petroleum Sells Assets to Oasis Midstream
Friday, November 09, 2018 Oasis Midstream Partners LP is buying assets from Oasis Petroleum Inc. for $250 million.

Chevron Appoints New North America E&P Leader
Wednesday, November 07, 2018 Chevron Corporation appoints a new president for North America Exploration and Production.

Axis Energy Services Offers New Option for Completions
Tuesday, November 06, 2018 The new company based in East Texas is focused on more efficient completions on long-lateral shale wells.

SandRidge Sells Permian Assets; Buys Mid-Con Assets
Monday, November 05, 2018 SandRidge Energy divests Permian assets and picks up assets in the Mid-Continent Basin.

Shell Produces One of Its Strongest Ever Quarters
Thursday, November 01, 2018 Shell's CEO announced Thursday that good operational delivery across all Shell businesses produced one of the company's strongest ever quarters.

BP Completes $10.5B BHP Deal
Thursday, November 01, 2018 BP completes its $10.5 billion acquisition of BHP's U.S. unconventional assets.

ConocoPhillips Departs Barnett
Thursday, November 01, 2018 ConocoPhillips has completed the sale of its assets in the Barnett shale play in North Texas to Lime Rock Resources for approximately $230 million.

Saudi Aramco Signs Deals Worth Over $34B
Wednesday, October 24, 2018 Saudi Aramco signs 15 Memoranda of Understanding and strategic and commercial collaborations valued at more than $34 billion.

Weatherford Sells Laboratory Business for $205MM
Wednesday, October 24, 2018 Weatherford is divesting its laboratory and geological analysis business to increase shareholder value.

Nostra Terra Acquires 8 Potential Permian Wells
Tuesday, October 23, 2018 Nostra Terra Oil and Gas has acquired the Mesquite Prospect in the Permian Basin, giving them potential to drill eight horizontal wells.

Jacobs Sells Energy Segment for $3.3B
Monday, October 22, 2018 Jacobs Engineering Group agrees to sell its Energy, Chemicals and Resources segment to WorleyParsons Limited for $3.3 billion.

Earthstone Gains Midland Basin Assets for $950MM
Thursday, October 18, 2018 Earthstone signs two deals to acquire assets in the northern Midland Basin for $950 million in cash and stock.

Chevron Donates $500K for Hurricane Relief
Wednesday, October 17, 2018 Chevron announces a contribution of $500,000 from the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Michael.

Saipem Seals Services Deals Worth $400MM
Monday, October 15, 2018 Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million.

Nine Buys Magnum Oil Tools for About $500MM
Monday, October 15, 2018 Houston-based oilfield services provider Nine Energy Service is acquiring Magnum Oil Tools to enhance its completions technology.

Vista to Build Frac Sand Mine in Oklahoma
Thursday, October 11, 2018 The frac sand mine will serve SCOOP and STACK shale producers.

Wood Creates 1K New Jobs in Last Year
Wednesday, October 10, 2018 Wood's Asset Solutions Americas business created approximately 1,000 new jobs in the last year as a result of securing new midstream sector contracts across the US worth $250 million.

Dallas Cowboys Owner Seeks Shale Gas Deals in Haynesville
Tuesday, October 09, 2018 Dallas Cowboys billionaire owner Jerry Jones is exploring a series of takeovers to expand his Comstock Resources Inc. in the Haynesville.

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