Acquisitions & Divestitures

A&D - E&P

Free

Lonestar Resources Nets $100 Million Eagle Ford JV

The Fort Worth, Texas, company will be able to drill while hunting down more acquisitions—and without taking a major hit to its balance sheet.

Thu, 07/30/2015 - 09:05
Free

Exxon Mobil Grows Production, But Profits Fall

Liquids volumes increased 11.9% to 2.3 million barrels per day (MMbbl/d) mainly due to new developments in Angola, Canada, Indonesia, Papua New Guinea and the United States, company says.

Fri, 07/31/2015 - 14:43
Free

Study: Crude Prices On Track To Fall Further

Prices have not yet fallen far enough for an appreciable supply adjustment to occur, researchers say.

Fri, 07/31/2015 - 13:45
Free

BG Group’s Record Output Limits Oil Price Fallout

BG’s output grew by 19% during the quarter to 703,000 barrels of oil equivalent per day (boe/d)—driven by Australia and Brazil—which helped cushion the company’s sharp drop in income.

Fri, 07/31/2015 - 08:37

Insight

Free

Study: Crude Prices On Track To Fall Further

Prices have not yet fallen far enough for an appreciable supply adjustment to occur, researchers say.

Fri, 07/31/2015 - 13:45
Non-free

Marcellus, Utica Catapult US Gas Production Upward

The Marcellus and Utica is driving 85% of the growth in U.S. gas production due to the precision and efficiency of fracking in the region, the EIA says.

Wed, 07/29/2015 - 09:39
Non-free

E&P Equities Logjam Is About To Break, Analysts Say

‘Companies access the capital markets when they are open. But if and once it opens, it should be a floodgate of issuance,’ analysts say.

Wed, 07/29/2015 - 09:19
Free

Of Oil And Entropy: Midland Basin Powerhouses Hunt Deals, Stability

 
E&Ps such as Diamondback continue to outperform their peers as larger, capitalized companies look to buy smaller companies and private equity is on the move, including a new Chinese-backed entrant.
Darren Barbee
Tue, 07/28/2015 - 16:13

Joint Ventures

Free

Lonestar Resources Nets $100 Million Eagle Ford JV

The Fort Worth, Texas, company will be able to drill while hunting down more acquisitions—and without taking a major hit to its balance sheet.

Thu, 07/30/2015 - 09:05
Non-free

New Twists On An Old Structure

Drill-to-earn JVs have benefits, but investors should keep in mind these caveats.

Fri, 07/17/2015 - 15:31
Free

Kinder Morgan Buys Shell's Stake In Georgia LNG Project

The reasons for the sale weren't disclosed, but in April, Shell said it was buying BG Group Plc, which has a global portfolio of LNG, for about $70 billion.

Thu, 07/16/2015 - 12:05
Free

Hess Closes Sale, Establishes $5.35B Bakken Midstream JV

Midstream assets included in the joint venture include a natural gas processing plant in Tioga, N.D. Hess Infrastructure will make an IPO of Hess Midstream Partners LP common units.

Thu, 07/02/2015 - 11:46

Mergers & Acquistions

Free

Proppant Market On The Way Toward Consolidation

The top 10 frack sand suppliers claim 55% of total business, while more than 40 companies make up the remaining percentage.

Fri, 07/24/2015 - 10:08
Free

Ares, Kayne Anderson Undertaking $2.55 Billion Merger

Ares Kayne Management LP, an alternative investment group, will have $113 billion in assets, Bloomberg said. It will be formed through a $2.55 billion merger.

Fri, 07/24/2015 - 09:14
Free

Ares, Kayne Anderson Undertaking $2.55 Billion Merger

Ares Kayne Management LP, an alternative investment group, will have $113 billion in assets, Bloomberg said. It will be formed through a $2.55 billion merger.

Fri, 07/24/2015 - 09:06
Non-free

New Antitrust Concerns About Halliburton, Baker Hughes Deal Not So New

Both companies said July 10 that they had agreed to extend the Department of Justice’s review of their merger while Halliburton readies divestment of billions of dollars in revenue-generating business divisions.

Thu, 07/23/2015 - 15:00

Midstream

Free

TransCanada: Heartland Line's Construction Delayed

Construction on the Heartland Line from Edmonton, Alberta, to Hardisty is indefinitely delayed because the Keystone XL and Energy East systems it would supply are delayed, executives said, Bloomberg reported. 

Fri, 07/31/2015 - 14:09
Free

Follow-on Investment Will Help First River Acquire Texas Gathering

Texas Gathering gathers, markets and blends about 23,000 barrels per day of crude oil, primarily in the West Texas Permian Basin and Eagle Ford Shale.

Thu, 07/30/2015 - 15:27
Free

Senate Energy Committee Passes Bill Lifting Oil Export Ban

The 22-member panel passed bill allowing United States to export oil and boost state revenue-sharing for offshore oil and gas drilling by a vote of 12 to 10, Reuters said.

Thu, 07/30/2015 - 12:29
Free

New Oil, Ethanol Train Rule Requires Safety Equipment Inspection

Federal Railroad Administration now requires two qualified railroad employees to ensure that handbrakes and other safety equipment have been properly set on unattended crude oil or ethanol trains, Reuters said. 

Thu, 07/30/2015 - 12:15

Service & Supply

Free

Halliburton Unveils Refracturing Service

Where ACTIVATE has been used, operators see about an 80% increase in EUR per well and a 66% reduction in cost per barrel of oil equivalent from refracked wells verus new wells, Halliburton said in a news release.

Thu, 07/30/2015 - 11:01
Free

Frack Sand Supplier Shale Support Closes $85 Million Debt Financing

Proceeds from an $85 million senior debt facility will refinance existing debt and complete capex projects in mining and processing facilities in the Eagle Ford and Permian Basin. 

Thu, 07/30/2015 - 10:36
Free

Hercules Offshore Will File For Bankruptcy

The jackup rig renter cut 15% of workforce, or 324 jobs, in November. More than two-thirds of the holders of its outstanding debt support imminent bankruptcy protection filing, Reuters said. 

Fri, 07/24/2015 - 13:46
Free

Proppant Market On The Way Toward Consolidation

The top 10 frack sand suppliers claim 55% of total business, while more than 40 companies make up the remaining percentage.

Fri, 07/24/2015 - 10:08