Acquisitions & Divestitures

A&D - E&P

Free

Mexico Will Ease Rules For Next Deepwater Auction

Requirement that consortia bidding on blocks must have one member as guarantor and $6 billion in shareholder equity to protect Mexico’s interest if major accident occurs will ease, Reuters said.

Wed, 07/29/2015 - 11:57
Non-free

Marcellus, Utica Catapults 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
Free

Plank, Wells Appointed To Newfield’s Board Of Directors

Roger B. Plank is the former president and chief corporate officer of Apache Corp. James Kent Wells is the former CEO of Fidelity Exploration & Production Co.

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

Senex Energy Appoints New CFO

The appointment of Graham Yerbury follows the resignation of Andrew Price, who has been appointed CFO of PanAust Ltd., a news release said.

Wed, 07/29/2015 - 08:37

Insight

Non-free

Marcellus, Utica Catapults 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
Non-free

Shales See Permits Decline By 13% In Second Quarter

The news comes on the heels of an anemic first quarter in which permits applications dropped 32% and gas play applications fell by 35%.

Fri, 07/24/2015 - 10:46

Joint Ventures

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
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

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

Anadarko Not Selling Mozambique LNG Stake

Anadarko Petroleum Corp. has no interest in selling down its stake in planned LNG project in Mozambique, CEO Al Walker said, Reuters reported. Anadarko wants to operate the multibillion-dollar project.

Wed, 07/29/2015 - 11:34
Free

Small Diesel Spill Cleaned, Houston Ship Channel Reopened

Part of the Houston Ship Channel is now open after it was briefly shut down while about 31 barrels of diesel in Greens Bayou were cleaned up, Reuters said. 

Tue, 07/28/2015 - 11:25
Free

Energy Transfer Equity Completes Stock Split

After a two-for-one split, common units began trading on the New York Stock Exchange July 27. Going forward, the quarterly distribution amount will reflect the split.

Mon, 07/27/2015 - 10:38
Non-free

Examining The MLP Index Decline

Analysts provide insight into how 2015’s midstream MLP sell-off is based on a market overreaction to fears of low commodity prices and rising interest rates.

Thu, 07/23/2015 - 14:23

Service & Supply

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
Free

Downturn Could Strengthen Bond Between Operators, Oilfield Services Companies

An improved relationship could lead to greater cost savings with both earning higher margins.

Thu, 07/23/2015 - 16:30
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