B.J. (Red) McCombs has been active in the oil industry for more than 50 years and he still loves the ...

Some E&P acquisitions and organic-growth financings may be delayed until 2008 when natural gas fundamentals are expected to be more ...

One of the more provocative shale plays swirling through the U.S. is in Alabama's Valley and Ridge province, east of ...

It is November 15, 1998. Management is considering a significant investment in oil-rich Venezuela. The Democratic Action Party and Copei ...

Unexpectedly cool summer weather, low natural gas prices and increased imports of liquefied natural gas (LNG) are pushing gas-in-storage levels ...

Goal-setting and working toward achieving them are constant in all things-work, family, sports, other interests. And, this should be the ...

Some topics are inherently complicated, like hurricane forecasts. Or, they are complicated by the sheer volume of detail, like the ...

The Permian Basin seems to be the oil industry's favorite pair of loafers. As a relatively mature basin-many of its ...

Taking a chance on new technology can pay. Warren Resources Inc. did this in its Wilmington Townlot Unit in Los ...

Energy lenders' outlook for oil prices has improved, according to a new survey of 45 of these commercial-capital providers. For ...

In the weeks leading up to Labor Day, the stock and debt markets were roiled like sailboats bobbing in a ...

News of new MLPs came to an abrupt halt in early August as capital markets, particularly debt markets, assessed a ...

The environmental movement to regulate CO2 emissions across diverse industries is gaining momentum in the U.S., but it is creating ...

Determined operators are slowly chipping away at a tough shale play that could add another layer of production to the ...

1 EOG Resources Inc., Houston, completed a remote Devonian discovery in the southern portion of AlabamaÕs Greene County 2.25 miles ...

1 North Texas Llano Operating Corp., Amarillo, Texas, plans to drill a horizontal Barnett Shale test in western Dallas County, ...

1 Coral Production Corp., Denver, produced an average of 117 bbl. of oil a day during the first full month ...

1 Rutter and Wilbanks Corp., Midland, Texas, used a coiled-tubing unit to redrill a wildcat in the nonproducing area of ...

Activity will be brisk on the U.K. continental shelf for the next two years, according to a recent update on ...

GlobalSantaFe Corp., Houston, (NYSE: GSF) and Transocean Inc., Houston, (NYSE: RIG) plan to combine in a merger of equals with ...

Plains Exploration & Production Co., Houston, (NYSE: PXP) plans to acquire Pogo Producing Co., Houston, (NYSE: PPP) for $1.5 billion ...

Marathon Oil Corp., Houston, (NYSE: MRO) plans to acquire Western Oil Sands Inc., Calgary, (Toronto: WTO) in a deal valued ...

• Concho Resources Inc., Midland, Texas, (NYSE: CXO) priced its IPO of some 21 million shares at $11.50 each, and ...

• Chesapeake Energy Corp., Oklahoma City, (NYSE: CHK) and Anadarko Petroleum Corp., The Woodlands, Texas, (NYSE: APC) have entered a ...

Going into this summer, at least one energy-analyst team thought declining U.S. and Canadian natural gas supplies would drive a ...

Sheridan Production Partners, Houston, has formed Sheridan Production Partners LP, a $1.3-billion fund that will invest in mature assets across ...

A year ago, when Clint Wetmore, managing director, and partners formed Houston-based private-investment firm Post Oak Energy Capital LP, he ...

East Africa doesn't rank very high on a list of the world's hot E&P spots, but higher interest by major ...

Taking a chance on new technology can pay. Warren Resources Inc. did this in its Wilmington Townlot Unit in Los ...

Standard & Poor's Ratings Services expects generally favorable rating trends to persist in the U.S. oil and gas sector this ...

Randy Foutch has formed Midcontinent-focused, Tulsa, Oklahoma-based Laredo Petroleum with private equity from management and a commitment of $300- to ...

MLPs are the big news in the equity market, but there could be some problems, according to Shannon Nome, Houston-based ...

There's a fundamentally different outlook about world oil-demand growth in 2008 between OPEC and the International Energy Agency (IEA), the ...

One of the more provocative shale plays swirling through the U.S. is in Alabama's Valley and Ridge province, east of ...

The North Pole currently lies beyond the limits of any country's territory, and it is part of the "common heritage ...

More than 40% of E&P industry leaders believe upstream MLPs are good for the U.S. industry. Approximately 60% believe they ...

Unexpectedly cool summer weather, low natural gas prices and increased imports of liquefied natural gas (LNG) are pushing gas-in-storage levels ...

Determined operators are slowly chipping away at a tough shale play that could add another layer of production to the ...

Going into this summer, at least one energy-analyst team thought declining U.S. and Canadian natural gas supplies would drive a ...

A shift in investors' risk appetites and a move to wider interest-rate spreads may indicate that the availability of "cheap ...

These might not be the boom days of the early 1900s in southern California when clusters of wooden derrick masts ...

A total of C$10.2 billion was raised in the Canadian oil patch during the first six months of 2007. Equity ...

In the weeks leading up to Labor Day, the stock and debt markets were roiled like sailboats bobbing in a ...

El Paso Exploration & Production Co., a subsidiary of El Paso Corp., Houston, (NYSE: EP) has acquired Houston-based Peoples Energy ...

Denver-based Delta Petroleum Corp. (Nasdaq: DPTR) plans to acquire a 12.5% working interest in Piceance Basin assets from Teton Energy ...

Petronas Australis Pty Ltd., a subsidiary of the Malaysian national oil and gas company Petroliam Nasional Berhad, Kuala Lumpur, Malaysia, ...

Ultra Petroleum Corp., Houston, (NYSE: UPL) plans to sell its subsidiary Sino-American Energy Co. to SPC E&P (China) Pte. Ltd., ...

Addax Petroleum Corp., Geneva, Switzerland, (Toronto: TSX) plans to buy working interest in the Gulf of Guinea from Esso Exploration ...

Newfield Exploration Co., Houston, (NYSE: NFX) plans to sell two properties in the Midcontinent to two undisclosed private buyers for ...

Penn West Energy Trust, Calgary, (NYSE: PWE; Toronto: PWT) has entered an agreement to acquire Vault Energy Trust, Calgary, (Toronto: ...

TAQA North Ltd., Calgary, formerly known as Northrock Resources Ltd. and a subsidiary of Abu Dhabi National Energy Co. PJSC, ...

Mark A. Jackson has resigned as chairman, president and chief executive of Noble Corp., Sugar Land, Texas (NYSE: NE). William A. ...

Key Energy Services Inc., Houston, (Pink Sheets: KEGS) plans to acquire privately owned, Lafayette, La.-based Moncla Cos. for $112 million ...

Aurora Oil & Gas Corp., Traverse City, Mich., (Amex: AOG) has retained Johnson Rice & Co. LLC to investigate strategic ...

Equitable Resources Inc., Pittsburgh, (NYSE: EQT) bought out nonoperated working interests in Virginia from Penn Virginia Corp., Radnor, Pa., (NYSE: ...

Houston-based, privately owned Common Resources LLC has received up to $500 million in line-of-equity commitments from New York-based private equity ...

London-based Global Energy Development Plc, (London AIM: GED), whose common shares are held 34% by HKN Energy Inc. (fka Harken ...

Newfield Exploration Co., Houston, (NYSE: NFX) plans to sell all of its interests in the U.K. North Sea to Centrica ...

Calgary-based Compton Petroleum Corp. (NYSE: CMZ) plans to acquire all of the outstanding shares of privately held, Calgary-based Win Energy ...

Calgary-based Devon Canada Corp., a subsidiary of Devon Energy Corp. (DVN: NYSE), plans to sell its McMullen oil-sands property, in ...

Calgary-based EnCana Corp. (Toronto, NYSE: ECA) plans to sell all of its remaining interests in its Brazilian subsidiary, EnCana Brasil ...

BreitBurn Energy Partners LP, Los Angeles, (Nasdaq: BBEP) plans acquire the E&P and midstream assets in Michigan, Indiana and Kentucky ...

Linn Energy LLC, Houston, (Nasdaq: LINE) has named Joseph P. McCoy to its board. McCoy was senior vice president and ...

Capricorn Energy Ltd., a subsidiary of Cairn Energy Plc, Edinburgh, Scotland-based (London, CNE) plans to acquire Aberdeen, Scotland-based Plectrum Petroleum ...

Sojitz Energy Venture Inc., an affiliate of Sojitz Corp., Tokyo, (Tokyo: 2768) has acquired assets in Texas from Ark-La-Tex Energy ...

Standard Chartered Plc, London, (London: STAN) plans to acquire Harrison Lovegrove & Co. Ltd., London, for an undisclosed price. Harrison Lovegrove ...

Crescent Point Energy Trust, Calgary, (Toronto: CPG-UN) plans to acquire Innova Exploration Ltd., Calgary, (Toronto: IXL) for approximately C$400 million. Innova ...

Swift Energy Co., Houston, (NYSE: SFY) plans to acquire interests in three South Texas properties from privately held Escondido Resources ...

Birchcliff Energy Ltd., Calgary, (Toronto: BIR) plans to acquire oil assets in Alberta from Compton Petroleum Corp., Calgary, (Toronto: CMT; ...

Atlanta-based GE Energy, a division of General Electric Co., Fairfield, Conn., (NYSE: GE) plans to acquire Sondex Plc, Hampshire, U.K., ...

Legacy Reserves LP, Midland, Texas, (Nasdaq: LGCY) plans to acquire certain producing properties in the Texas Panhandle from undisclosed private ...

Legacy Reserves LP, Midland, Texas, (Nasdaq: LGCY) plans to acquire certain producing properties in the Permian Basin from an undisclosed ...