Companies - Exclusives

Eyeing Growth: Occidental Looks To Increase Permian Production

The company said it plans to spend $3.9 billion overall in 2018 and increase production by between 8% and 12% with a 40% annual growth in Permian resources in 2018.

February 14, 2018

For NAPE, A Return To Form After Two Years Of Industry Gloom

For an exhibition that prides itself on being “where deals happen,” transactions were consummated and optimism crackled among a crowd of more than 12,000.

February 12, 2018

NAPE: Chesapeake CEO Lawler Aims For 'All's Well That Ends Well'

CEO Doug Lawler painted Chesapeake in Shakespearean terms as a once-dominant company that, after faltering under debt, is regaining its edge through efficiency and A&D, including a $500 million Midcontinent sale.

February 7, 2018

Alberta’s Oil Industry Facing Perfect Storm Of Awful

Low prices, pipeline and rail constraints, and storage shortfalls form brewing storm against Alberta’s oil industry.

January 31, 2018

Technology Remains Focus For Baker Hughes As GE Mulls Exit Options

The oilfield service company plans to launch several new technologies this year, including a subsea tree.

January 25, 2018

Luxe Energy CEO: Delaware Basin Ripe For Consolidation

With a newly upsized capital commitment, Luxe CEO Lance Langford says the company is in a ‘unique position’ to act as a consolidator in the Delaware Basin.

January 19, 2018

Schlumberger To Exit Land, Marine Seismic Acquisition Business

Of the company’s $3 billion of pretax charges for fourth-quarter 2017, more than $1.1 billion was related to WesternGeco seismic restructuring.

January 19, 2018

Exco Resources Restructuring Could End With Company Selling It All

Exco is marketing its positions from the Haynesville and Eagle Ford shales to Appalachia to help repay about $1.3 billion in debt.

January 17, 2018

After Scuttling SandRidge’s $746 Million Merger, Icahn Batters Board

Carl Icahn is demanding SandRidge Energy replace two of its five directors—with at least one appointed by him—following successfully halting the company’s merger with Bonanza Creek Energy.

January 11, 2018

Parsley CEO Sheffield Stepping Into New Role In 2019; Successor Named

President and COO Matt Gallagher, a key member of Parsley’s team, will succeed Bryan Sheffield as CEO at the end of 2018.

January 9, 2018

CPPIB: Canada’s PE Heavyweight

Leading with the Denver-Julesburg Basin in early 2016, the Canada Pension Plan Investment Board is looking to make additional investments in energy assets. And its hold time is long.

January 2, 2018

Linn Energy To Sell Oklahoma Waterflood, Texas Panhandle Assets For $122 Million

The divestiture of Linn’s mature Oklahoma and Texas assets brings the company’s total asset sales for 2017 to more than $1.6 billion.

December 19, 2017