United States

Black Stone Minerals Forms JV For Haynesville/Bossier Wells

The agreement with Canaan Resource Partners covers certain Haynesville and Bossier shale acreage in the Shelby Trough operated by XTO Energy Inc.

Feb 22 2017 - 3:05pm

Marketed: Oklahoma Waterflood Project, Marjo Reserves

Marjo Reserves LLC is looking for a buyer or partner for its South Fort Supply waterflood project in Woodward County, Okla., in a sale handled by Meagher Energy Advisors.

Feb 22 2017 - 12:45pm

Whiting Petroleum Plans To Nearly Double 2017 Capex

Oil companies are betting big on a continued rise in crude prices by buying up acreage and raising capital spending. For example, Whiting boosted its 2017 capex to $1.1 billion from $554 million in 2016.

Feb 21 2017 - 3:50pm

Scott Pruitt: EPA Can Also Be Pro-Jobs

"I believe that we as an agency, and we as a nation, can be both pro-energy and jobs, and pro-environment," Pruitt said in his first address to EPA staff.

Feb 21 2017 - 3:35pm

Chaparral Aims For Pipeline Sale In Push To Exit Bankruptcy

Chaparral has a hearing on March 9 to confirm its plan to emerge from Chapter 11 bankruptcy, funded in part by asset sales.

Feb 21 2017 - 3:25pm

NAPE: Industry Losing Battle For Public’s Hearts, Minds

At NAPE, industry communicators agree that the oil and gas sector’s message is lost on the public and with it, the campaign for public support against environmentalist foes.

Feb 21 2017 - 12:34pm

Forum Energy Technologies Names CEO

Prady Iyyanki has been appointed CEO and president of Houston-based Forum Energy Technologies (NYSE: FET) as part of a long-planned transition, according to a news release. Iyyanki, who currently serves as president and COO of the global oilfield products company, will succeed C. Christopher Gaut, effective May 16.

Feb 21 2017 - 8:49am

Samson Resources Taps Joseph Mills As President, CEO

Mills has nearly 35 years of experience in the oil and gas industry, including most recently as board chairman and CEO of Eagle Rock Energy Partners.

Feb 21 2017 - 8:15am

Matador’s Midstream JV Plugs Delaware Capex Hole

Matador’s JV with a private company far exceeds analyst estimates, who considered the midstream infrastructure worth $250 million or so.

Feb 17 2017 - 3:45pm

US Drillers Add Oil Rigs For Fifth Straight Week

Drillers added six oil rigs in the week to Feb. 17, bringing the total count up to 597, the most rigs since October 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said Feb. 17. During the same week a year ago, there were 413 active oil rigs.

Feb 17 2017 - 12:55pm