Companies - Exclusives

ConocoPhillips Vows Capital Discipline, Sees Earnings Surge

Production from the company’s unconventional assets in the Eagle Ford, Bakken and Delaware Basin jumped in the third quarter to 313,000 barrels of oil equivalent per day.

October 25, 2018

Executive Q&A: Oasis Petroleum Goes South

Long-time Bakken pure-player Oasis Petroleum expanded its portfolio into the competitive Delaware Basin. Is the deal an expansion of its program, or the prelude to an eventual portfolio makeover? Or both?

October 19, 2018

BP Cranks Up Thunder Horse Expansion Project In GoM

The BP tieback project adds a new subsea manifold and connects two wells to existing flowlines about 3 km north of the platform in the U.S. Gulf of Mexico.

October 18, 2018

Shell Bets On Shale For Flexibility In Energy Transition

Head of Shell’s U.S. business, Gretchen Watkins, says oil and gas output from shale reserves will act as ‘balance’ for deepwater projects.

October 18, 2018

Earthstone Boosts Midland Footprint With $950 Million Sabalo Acquisition

Earthstone Energy agreed to acquire EnCap-backed Sabalo, which is expected to more than double the company’s Midland Basin footprint.

October 17, 2018

Ultra Petroleum Relocates To Denver Area Following Utah Exit

As a result of the $75 million sale of its Utah asset, Ultra’s portfolio now consists only of its Pinedale Field position in Southwest Wyoming.

October 17, 2018

HEADLINES: Hurricane Michael’s Effect On Oil, Gas Production

Plus, Exxon Mobil donates to a PAC promoting U.S. carbon tax, offshore drillers Ensco and Rowan agree to merge and Chevron exits Norway.

October 11, 2018

Apache CEO Shares Insight On Permian’s Alpine High

Perceptions have changed for the better for the emerging oil and gas play as activity increases and others move into the neighborhood.

October 11, 2018

DGO Continues Appalachia Buildout With $183 Million Acquisition

Diversified Gas & Oil, known as DGO, said it acquired Core Appalachia Holding, a conventional producer and processor of natural gas in the southern Appalachian Basin.

October 11, 2018

Antero To Simplify Midstream In ‘Win-Win-Win’ Transaction

Antero Midstream is set to combine with its general partner and emerge as a C-corp entity under a new moniker.

October 9, 2018

Earthstone Targets Acreage Trades To Boost Permian Laterals

Analysts estimate Earthstone tacked on a net increase of 2,677 acres to its position in the Midland Basin for less than $6,000 per acre.

October 8, 2018

Sundance Goes ‘All In’ On The Eagle Ford Shale

The Denver-based independent Sundance typifies the new Eagle Ford narrative where technically astute private equity-backed younger management teams are revitalizing the play.

October 8, 2018