For Harold Korell, chairman, chief executive and president of Houston-based Southwestern Energy Co., 2006 was a very good year. By ...

Upstream customers spend hundreds of billions annually on oilfield products and services. Some suppliers are too preoccupied with the ups ...

As oil and gas executives consider the different paths for financing drillbit strategies and acquisition plans, mezzanine funding is still ...

On April 26 and 27, petroleum engineers from around the world will gather in San Antonio for the Society of ...

In recent years, midstream master limited partnerships (MLPs) relied on acquisitions to fuel growth, but the trend has clearly shifted. ...

Although commodity prices have softened of late, many oilfield-service analysts remain unshaken by perceived high natural gas or crude-oil inventory ...

The Gulf of Mexico-and more specifically, the deepwater Gulf-will likely represent the single most important source of oil and gas ...

Sometimes the federal government giveth, but it taketh away just as often. Later this year, the Department of the Interior ...

ConocoPhillips' 2007 has begun with unwanted attention-to its 2006 organic reserves-replacement rate and earnings, and its exposure to Venezuela. John ...

In general, 2006 was an awesome year for oil and gas investors worldwide. They saw capital appreciation of more than ...

Success stories in the horizontal Bakken continue to mount. Production has spread from the play's genesis in Richland County, Montana, ...

1 Anadarko Petroleum Corp., The Woodlands, Texas, took out a permit to drill a wildcat well to 6,000 ft. in ...

1 XTO Energy Inc., Fort Worth, Texas, completed a Cotton Valley Lime discovery in eastern Navarro County, Texas, (RRC 5) ...

1 ESP Development Inc., Hays, Kan., permitted a 3,400-ft. wildcat 1.5 miles from the nearest production on the Central Kansas ...

1 ConocoPhillips Co., Houston, will drill three wildcat wells to prove up its Makua prospect on the Colville River Delta ...

Canadian firm InterOil Corp. has made a significant gas discovery in Papua New Guinea. Reports from Prime Minister Michael Somare ...

Equity CompanyExchange / SymbolHeadquartersAmountComments Chesapeake Energy Corp.NYSE: CHKOklahoma CityUS$1 billionPlans to offer 30 million shares at approximately US$33.33 ...

Forest Oil Corp., Denver, (NYSE: FST) plans to acquire The Houston Exploration Co., Houston, (NYSE: THX) for $1.5 billion in ...

Exco Resources Inc., Dallas, (NYSE: XCO) plans to acquire producing oil and gas properties, acreage and other assets in Vernon ...

Stone Energy Corp., Lafayette, La., (NYSE: SGY) plans to divest some properties in the Rockies and onshore and offshore the ...

Statoil ASA, Stavanger, Norway, (NYSE: STO) plans to acquire all of Norsk Hydro ASA, Oslo, (NYSE, Oslo: NHY) except for ...

Compagnie Générale de Géophysique (CGG), Massy, France, (NYSE: GGY) has closed the acquisition of Veritas DGC Inc., Houston, (NYSE: VTS) ...

• Sheridan, Wyo.-based, gas-focused Pinnacle Gas Resources Inc. plans to sell 3.6 million shares in an IPO on Nasdaq for ...

• St. Mary Land & Exploration Co., Denver, (NYSE: SM) has acquired assets in West Texas from several undisclosed private ...

Usually at this time of year, E&P investors are stampeding back into the market in anticipation of rising stock valuations ...

In recent years, midstream master limited partnerships (MLPs) relied on acquisitions to fuel growth, but the trend has clearly shifted. ...

In general, 2006 was an awesome year for oil and gas investors worldwide. They saw capital appreciation of more than ...

The Gulf of Mexico-and more specifically, the deepwater Gulf-will likely represent the single most important source of oil and gas ...

On April 26 and 27, petroleum engineers from around the world will gather in San Antonio for the Society of ...

Success stories in the horizontal Bakken continue to mount. Production has spread from the play's genesis in Richland County, Montana, ...

Upstream customers spend hundreds of billions annually on oilfield products and services. Some suppliers are too preoccupied with the ups ...

Fuel demand seems to be unaffected by higher prices, suggesting the U.S. has entered an era of supply at any ...

Though investor appetite for new issues on the London Alternative Investment Market (AIM) started strong in 2006, it waned noticeably ...

In spite of commodity prices pulling back in the second half of 2006 from record highs, Fitch Ratings' overall view ...

ConocoPhillips' 2007 has begun with unwanted attention-to its 2006 organic reserves-replacement rate and earnings, and its exposure to Venezuela. John ...

The Gulf of Mexico seems to be a sea of contradictions. Production-decline rates continue to challenge the shallow Continental Shelf, ...

Though the credit ratings for companies in the oilfield-service sector have remained stable, soft natural gas prices and growing cost ...

Institutional investors expect to increase their commodity holdings through 2008, according to a survey of more than 100 clients at ...

Is M&A activity peaking? John Thieroff, a director with Standard & Poor's Corp., doesn't think so. "We commonly see M&A activity ...

Worldwide upstream expenditures are estimated to grow moderately in 2007, according to surveys by researchers at two major investment-banking firms. After ...

In spite of the regulatory hurdles inherent to being a publicly traded company, many private oil and gas companies made ...

The energy sector continued to expand in late 2005 and throughout 2006, adding a number of spin-outs and new company ...

Sometimes the federal government giveth, but it taketh away just as often. Later this year, the Department of the Interior ...

Santos CSG Pty Ltd., a subsidiary of Santos Ltd., Adelaide, Australia, (Nasdaq: STOSY, Australia: STO) has canceled its unsolicited bid ...

Range Resources Corp., (NYSE: RRC) has sold its Austin Chalk properties in central Texas to an undisclosed private company for ...

Petroleum Development Corp., Bridgeport, W. Va., (Nasdaq: PETD) has acquired assets in Colorado from an undisclosed seller for $11.8 million. The ...

WPS Resources Corp., Green Bay, Wis., (NYSE: WPS) has acquired Peoples Energy Corp., Chicago, (NYSE: PGL) through a merger that ...

The Exploration Co. (TXCO), San Antonio, (Nasdaq: TXCO) plans to acquire privately held Output Exploration LLC, Houston, for $91.6 million ...

Petro Resources Corp., Houston, (Amex: PRC) has closed its acquisition of an interest in 15 fields in the Williston Basin ...

Pogo Producing Co., Houston, (NYSE: PPP) has retained Goldman, Sachs & Co. and TD Securities Inc. to seek strategic alternatives ...

Santos CSG Pty Ltd., a subsidiary of Santos Ltd., Adelaide, Australia, (Nasdaq: STOSY, Australia: STO) has increased its unsolicited bid ...

JK Acquisition Corp., Houston, (Amex: JKA) has amended its plans to merge with privately held Multi-Shot LLC, Conroe, Texas, a ...

DTE Energy plans to divest a portion of its unconventional gas assets. The company has a total 2,271 gross producing wells ...

Investment firm ValueAct Capital, San Francisco and Boston, has acquired Seitel Inc., Houston, (OTCBB: SELA) for $3.70 per Seitel share ...

PYR Energy Corp., Denver, (Amex: PYR) has retained C.K. Cooper & Co. Inc. to seek strategic alternatives for the company ...

Houston-based privately held investment firms Tudor Capital Partners LLC and Pickering Energy Partners Inc. plan to merge into an integrated ...

Venoco Inc., Denver, (NYSE: VQ) has acquired properties in California in three acquisitions from undisclosed sellers for $24 million. The assets ...

Penn West Energy Trust, Calgary, plans to acquire conventional assets in Alberta from an undisclosed seller for approximately C$339 million. The ...

Tenaris SA, Luxembourg, (NYSE: TS) plans to acquire Hydril Co., Houston, (Nasdaq: HYDL) for US$97 per share in a deal ...

Edge Petroleum Corp., Houston, (Nasdaq: EPEX) has closed its acquisition of properties in 13 counties in southeastern and South Texas ...

Linn Energy LLC, Houston, (Nasdaq: LINE) has closed its acquisition of properties in Texas from Houston-based privately held Stallion Energy ...

Exco Resources Inc., Dallas, (NYSE: XCO) plans to acquire producing properties and other assets in multiple fields in the Midcontinent, ...