Companies - Exclusives

HEADLINES: Two Northeast A&D Deals Highlight Week

Eclipse and Blue Ridge Mountain agreed to merge in an all-stock transaction. Plus, Rex Energy will be purchased by fellow Appalachia shale player PennEnergy Resources.

August 30, 2018

Nailed It: Exxon Mobil, Hess Say Hammerhead Hits Oil Offshore Guyana

Hammerhead-1, which is located about 21 km (13 miles) southwest of the Liza-1 well, hit about 60 m (197 ft) of high-quality, oil-bearing sandstone reservoir, the company says.

August 30, 2018

Oil Search Hikes Oil Potential Of Alaskan Oil Discovery

Horseshoe, located south of the Pikka Unit Nanushuk development, could hold another 300 MMbbl or more, the company says.

August 29, 2018

HEADLINES: Colorado Candidates Address Oil And Gas Industry On Initiative 97

Candidates in Colorado governor's race speak at COGA Energy Summit. Plains and Magellan will sell BridgeTex stake. Schlumberger finds a buyer for WesternGeco assets.

August 23, 2018

Riyadh Insists Saudi Aramco IPO Remains On Course

Khalid Al Falih, the Saudi energy minister, dismisses reports that Aramco’s IPO listing has been axed but says timing is flexible.

August 23, 2018

Chisholm CEO Talks Delaware Basin Expansion

Mark Whitley, founder and CEO, discussed Permian infrastructure, cost control and future plans in the basin.

August 22, 2018

Is Private Debt The Answer To Growing Capital? 

Christopher Abbate, Riverstone Holdings, talks private credit funds and alternative lending.

August 20, 2018

HEADLINES: Dealing Diamondback Does It Again

Midland-based Diamondback Energy has announced more than $10 billion in acquisitions in a week. Also, Exxon Mobil leads high bidders in U.S. Gulf of Mexico lease sale.

August 16, 2018

HEADLINES: Permian Deals Dominate Week

In China, tariff rhetoric kept heating up, this time over LNG with the country threatening a 25% tariff on U.S. imports.

August 9, 2018

Occidental Petroleum Adds $1.1 Billion To 2018 Capital Budget

Some of the capital will go toward appraisal work for emerging plays across the Permian Basin and technologies, Oxy executives said.

August 9, 2018

Apache, Kayne Anderson Form Partnership, New Midstream Company

Altus Midstream will open with a market value of $3.5 billion as it becomes a power player in the Permian Basin.

August 8, 2018

Diamondback To Acquire Ajax Resources For $1.2 Billion

Diamondback Energy will add top-tier horizontal drilling locations across three zones in the Northern Midland Basin to its portfolio as part of the Ajax acquisition.

August 8, 2018