Acquisitions & Divestitures

A&D - E&P

Non-free

Is Acquisition Window Closing On The Oklahoma Stack?

Newfield Exploration’s $470 million deal adds overlap to its existing acreage and helps seller Chesapeake Energy’s balance sheet, but the play is quickly being locked up.

Emily Moser
Fri, 05/06/2016 - 15:45
Free

Canadian Oil Prices Stabilize Amid Fort McMurray Wildfires

More than 20 oil operations are clustered in 100-kilometer (60-mile) radius of the city, according to government data. Pipelines were also affected, raising worries about delivery of diluent, Reuters reported.

Erin Pedigo
Fri, 05/06/2016 - 11:20
Free

Hits To Americas Oil Output Show Global Glut Not Invincible

The 60% price slide of the last 23 months has been consistently pegged to one problem: current global supply exceeds demand by 1.5 million barrels per day.

Emily Moser
Fri, 05/06/2016 - 07:35
Free

Kremlin: Oil Output ‘Freeze’ Negotiations Should Start Anew

Leading global oil producers, including Russia and Saudi Arabia, failed to come to an agreement on a proposed oil output freeze in Doha last month.

Fri, 05/06/2016 - 07:11

Insight

Non-free

Is Acquisition Window Closing On The Oklahoma Stack?

Newfield Exploration’s $470 million deal adds overlap to its existing acreage and helps seller Chesapeake Energy’s balance sheet, but the play is quickly being locked up.

Emily Moser
Fri, 05/06/2016 - 15:45
Free

Hits To Americas Oil Output Show Global Glut Not Invincible

The 60% price slide of the last 23 months has been consistently pegged to one problem: current global supply exceeds demand by 1.5 million barrels per day.

Emily Moser
Fri, 05/06/2016 - 07:35
Free

Oilfield Services To Gain As More Shale DUCs Completed

There were 1,732 "abnormal" DUC wells in March - those that hadn't been completed within three months of drilling - in the top five U.S. shale fields, including Eagle Ford in Texas and Bakken in North Dakota.

Emily Moser
Thu, 05/05/2016 - 07:50
Free

OTC 2016: Return To ‘Good Old Days’ Still Far Away, Analyst Says

Good news for oil and gas is the industry is cyclical, though it will take until second-half 2017 for the market to rebalance, says IHS’ Atul Arya.

Emily Moser
Wed, 05/04/2016 - 14:30

Joint Ventures

Free

Murphy Oil To Exit Syncrude JV, Sells Interest To Suncor

Syncrude is a JV operation in the Alberta Sedimentary Basin, which extracts bitumen from oil sands and upgrades it to light synthetic crude oil. Production averaged 15,600 boe/d (net) in the first quarter of 2016.

Emily Moser
Thu, 04/28/2016 - 07:27
Non-free

Callon Petroleum Adds Midland Basin Acreage, Establishes New Core

Callon has entered transactions to boost its position in the Midland Basin to about 34,000 net surface acres, including a new core operating area in one of the basin’s hot spots.

Emily Moser
Thu, 04/21/2016 - 16:05
Free

Thai Coal Miner Banpu Buys Stake In Marcellus Shale JV

The Thai company said in a statement the deal was its first in the U.S. upstream gas business and was part of its strategy to balance its heavy exposure to the Asian market.

Emily Moser
Wed, 04/20/2016 - 07:05
Free

Gulf Coast Western Expands In Louisiana, Partners With Northcote

The Dallas-based company said April 7 it has acquired a 50% working interest in certain assets in Beauregard Parish, La. The company also partnered with the U.K.-based Northcote Energy Ltd.

Emily Moser
Mon, 04/11/2016 - 07:20

Mergers & Acquistions

Free

Energy Transfer Rejects Williams' Proposals To Resolve Tax Issues

Williams has alleged that Energy Transfer is looking into ways to walk away from the tie-up even though the terms of the deal would not allow that.

Emily Moser
Thu, 05/05/2016 - 07:40
Free

Energy Transfer, Williams Amend Deal To Expedite Admin Process

A new timeline will give the companies time to renegotiate terms ahead of June 28 - the deadline for the deal to close, people familiar with the matter told Reuters on May 2.

Emily Moser
Tue, 05/03/2016 - 07:31
Free

Baker Hughes To Buy Back Stock, Debt After Halliburton Deal Fails

Baker Hughes will get $3.5 billion as part of the merger agreement, which the companies terminated on May 1 after opposition from U.S. and European antitrust regulators.

Emily Moser
Mon, 05/02/2016 - 08:02
Free

Shell Will Close BG Group's Head Office By Year-end 2016

As part of 10,300 job cuts it has already announced, 2,800 will come from integration of BG and 7,500 from Shell’s existing staff and direct contractor base, Reuters reported. 

Erin Pedigo
Mon, 04/25/2016 - 09:59

Midstream

Free

Canadian Oil Prices Stabilize Amid Fort McMurray Wildfires

More than 20 oil operations are clustered in 100-kilometer (60-mile) radius of the city, according to government data. Pipelines were also affected, raising worries about delivery of diluent, Reuters reported.

Erin Pedigo
Fri, 05/06/2016 - 11:20
Free

Energy Transfer Rejects Williams' Proposals To Resolve Tax Issues

Williams has alleged that Energy Transfer is looking into ways to walk away from the tie-up even though the terms of the deal would not allow that.

Emily Moser
Thu, 05/05/2016 - 07:40
Non-free

Good News Just In: Utica Helps Set Gas Production Record

But EIA projections for May show broad, even sharp, declines among major shale plays.

Tue, 05/03/2016 - 14:40
Free

Encana Posts Bigger-than-expected Quarterly Loss

Encana’s net loss decreased to CA$379 million in the first quarter of 2016, helped by lower costs. In 2015's first quarter, Encana took an impairment charge of CA$1.22 billion, Reuters said.

Erin Pedigo
Tue, 05/03/2016 - 10:55

Service & Supply

Free

Intervale Backs Canada's Dynacorp Energy Services

Dynacorp, based in Calgary, Alberta, provides innovative sand management solutions, well testing and production processing equipment to operators and service providers in the oil and gas industry.

Emily Moser
Fri, 05/06/2016 - 07:50
Free

Luft Retires As Officer, Director Of Trican Well Service

Don Luft’s position as COO will not be replaced. Dale Dusterhoft will become president and CEO. Luft will also not stand for re-election as a director at upcoming annual meeting.

Erin Pedigo
Tue, 05/03/2016 - 09:33
Free

Baker Hughes To Buy Back Stock, Debt After Halliburton Deal Fails

Baker Hughes will get $3.5 billion as part of the merger agreement, which the companies terminated on May 1 after opposition from U.S. and European antitrust regulators.

Emily Moser
Mon, 05/02/2016 - 08:02
Free

Halliburton, Baker Hughes Scrap $28 Billion Merger

The tie up would have brought together the world’s No. 2 and No. 3 oil services companies, raising concerns it would result in higher prices in the sector. 

Sun, 05/01/2016 - 21:47