Acquisitions & Divestitures

A&D - E&P

Free

Lingo No Longer At Drillsearch

Drillsearch is headhunting a new Chief Executive to replace Brad Lingo, who has suddenly resigned and is leaving the company immediately.

Thu, 07/02/2015 - 23:28
Non-free

Frack Water Use Varies From Sips To Gulps, Study Says

Researchers find that water volumes for fracking within watersheds across the U.S. range from as little as 2,600 gallons to as much as 9.7 million gallons per well.

Thu, 07/02/2015 - 15:19
Free

BP Reaches $18.7 Billion Deal To Settle 2010 Oil Spill Claims

As part of the agreements between BP, the U.S. government and five states, $18.7 billion in payments would be made over 18 years settling economic and other claims. The settlement is, however, still subject to court approval.

Thu, 07/02/2015 - 14:46
Non-free

Marcellus, Utica Core Areas Bring Reward For Rice Energy

In six years, Rice Energy has become a Top 25 producer of natural gas in the U.S. with operations focused in the Appalachian Basin.

Thu, 07/02/2015 - 11:37

Insight

Non-free

Frack Water Use Varies From Sips To Gulps, Study Says

Researchers find that water volumes for fracking within watersheds across the U.S. range from as little as 2,600 gallons to as much as 9.7 million gallons per well.

Thu, 07/02/2015 - 15:19
Non-free

Learning The Hard Way: Sectarian Conflict Intensifies

Sectarian strife in the Middle East poses serious risks.

Wed, 07/01/2015 - 14:08
Non-free

E&P Buyers, Sellers Seek Pint-Sized Shale Deals In Second Half 2015

Companies are motivated by ambition and opportunity, while sellers are trying to get ahead of debt or stay afloat in a turbulent year for A&D.

Wed, 07/01/2015 - 11:15
Free

The Energy Business Is ‘Living Dangerously’ In A Changing World

Multiple political and military trends, along with the rise in U.S. crude oil and natural gas production, are occurring at the same time. And that makes for an uneasy situation, Tom Petrie says.

Tue, 06/30/2015 - 10:05

Joint Ventures

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
Free

Alpha Natural Resources Subsidiary Consolidates Marcellus JV Ownership

Pennsylvania Services Corp. will be sole owner and operator of joint venture that supports a concentrated gas resource in Greene County, Pa., in “core of the core” of the Marcellus.

Thu, 07/02/2015 - 10:23
Non-free

Meritage, NGL Energy JV Opens Up Powder River Opportunities

The partnership could serve as a launching point for continued growth in the region, analyst says.

Mon, 06/29/2015 - 15:20
Free

Blue Water, Viscos Form Sludge To Oil JV Company

Oilfield technologies company Blue Water Petroleum Corp. signed a letter of intent with Viscos Energy Partners to form STO (Sludge to Oil) to operate Viscos’ oil sludge remediation, upgrading system.

Fri, 06/26/2015 - 14:53

Mergers & Acquistions

Free

Norwegian Tycoon Fredriksen Will Merge Tanker Companies

Frontline 2012 was spun off from Frontline three years ago and has since divested its dry-bulk and gas fleet to focus on crude oil and product tankers, Reuters said.

Thu, 07/02/2015 - 09:56
Free

FTC Gives Shell-BG Group Deal Approval

Shell’s acquisition of BG, scheduled to close in early 2016, requires further regulatory reviews from several foreign agencies, but the FTC ruling might serve as a model for further regulatory reviews.

Wed, 06/17/2015 - 16:37
Free

ENOC Buys Dragon Oil For $2.6 Billion

While focused mostly on Turkmenistan, Dragon is working to expand outside Central Asia in a bid to raise oil production to 100,000 barrels a day (bbl/d) by next year from almost 79,000 bbl/d in 2014. 

Mon, 06/15/2015 - 08:51
Non-free

Deal And No Deal 2015: Living In A Haggler’s Paradise

Companies look to grow through acquisitions, buy distressed assets or escape being gutted as they run out of money in what looks to be an unpredictable finish to 2015.

Darren Barbee
Fri, 06/05/2015 - 15:34

Midstream

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
Free

Norwegian Tycoon Fredriksen Will Merge Tanker Companies

Frontline 2012 was spun off from Frontline three years ago and has since divested its dry-bulk and gas fleet to focus on crude oil and product tankers, Reuters said.

Thu, 07/02/2015 - 09:56
Free

Rail Could Move Ultralight Condensate That’s Filling West Texas Output

Ultralight condensate is increasingly part of the makeup of far West Texas and New Mexico output. It could be moved by rail if too light for pipelines, Reuters said.

Thu, 07/02/2015 - 09:34
Free

Twele Will Retire As CFO Of World Point Terminal’s General Partner

Jonathan (JQ) Affleck was appointed by the board to replace Steven G. Twele as vice president and CFO of the general partner of World Point Terminals LP

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Wed, 07/01/2015 - 10:10

Service & Supply

Free

Klvac Becomes CFO Of 1845 Oil Field Services

David Klvac has almost 20 years’ accounting and finance experience for the E&P, oilfield services and power industry sectors. Most recently, Klvac was CFO for two oilfield service companies.

Mon, 06/29/2015 - 11:38
Free

Blue Water, Viscos Form Sludge To Oil JV Company

Oilfield technologies company Blue Water Petroleum Corp. signed a letter of intent with Viscos Energy Partners to form STO (Sludge to Oil) to operate Viscos’ oil sludge remediation, upgrading system.

Fri, 06/26/2015 - 14:53
Free

Vallourec Makes Several North America Region Appointments

Nicolas de Coignac, president, North America, said the personnel appointments will streamline synergies between drilling, accessories, service and other operations, benefiting the France-based tubular solutions company’s North American customers. 

Tue, 06/23/2015 - 09:31
Free

ROC Services Receives Facility For Acquisition By Coral Reef

Wellsite services provider ROC Services Co. will be acquired by Coral Reef Capital. GE Capital Markets arranged a $17 million credit facility funding the acquisition.

Wed, 06/10/2015 - 12:21