Empire Building: EQT Targets Balance After $8.2 Billion Rice Conquest

EQT’s CEO says a second phase is emerging in the shale natural gas revolution—one that disavows a growth-at-any-cost model.

Jun 20 2017 - 3:10pm

Mexico Auctions Ten Of 15 Shallow-water GoM Blocks

The tender was held about six months after the country’s successful deepwater auction and comes amid a shaky market recovery.

Jun 19 2017 - 4:21pm

Oxy’s $1.2 Billion Permian ‘Land Swap’ Consolidates Position

Hess agreed to sell EOR assets to Oxy, which in turn parted with acreage at the ‘tail end’ of its inventory in separate deals totaling $600 million each.

Jun 19 2017 - 1:10pm

What's Affecting Oil Prices This Week (June 19, 2017)?

Stratas Advisors expects that crude inventories will decrease between 2.5 and 3.5 million barrels as U.S. crude runs remain stable.

Jun 19 2017 - 1:09pm

Insight: The State Of The Oil, Gas Service Sector

The top three service companies—Schlumberger, Halliburton and Baker Hughes—have all been working to gain better positioning within the market.

Jun 19 2017 - 11:25am

EQT, Rice Energy $8.2 Billion Merger Creates Northeast Gas Giant

The acquisition of Rice’s acreage and midstream business in the Marcellus and Utica is set to make EQT the largest producer of natural gas in the U.S.

Jun 19 2017 - 9:05am

Century-Old Stewart & Stevenson Bought By Kirby For $710 Million

Kirby Corp. sees the purchase as an opportunity to buy into the oilfield services recovery.

Jun 16 2017 - 2:58pm

Key Energy Services Sells Fracking And Well Testing Assets To Covenant

The deal with Covenant Testing Technologies divests a noncore asset while helping boost Key’s liquidity above $100 million.

Jun 16 2017 - 11:55am
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Activity Highlights

Samson Gets Permits For Six Extended-reach, Niobrara/Codell Ventures For Buckaroo Lease

06/23/2017

Perth Basin Venture Flows 1.055 Mbbl/d Of Oil From Upper Cattamara C Sand

06/23/2017

Permits Issued For Five Utica Wells In Belmont County, Ohio

06/23/2017

Two High Volume Meramec Wells Announced In Blaine County, Okla.

06/22/2017

Parkman Exploratory Test Is Producing 1.189 Mbbl Of Oil, 595 Mcf Of Gas Per Day

06/22/2017

Shale Gas Production In Saudi Arabia Ready To Begin

06/22/2017