Companies - News
SandPoint is a San Antonio, Texas-based independent oil and gas company with a management team that has a deep history in the acquisition and development of South Texas assets.
Occidental Petroleum Corp. (NYSE:OXY) said on Oct. 15 it will not pursue an extension for the Idd El-Sharghi North Dome (ISND) Field offshore Qatar, which is set to expire in October 2019, the company said in a news release.
As of the morning of Oct. 12, nine platforms were still unoccupied, BSEE said in a daily update, down from 89 platforms on Oct. 10.
EOG Resources warned of a non-cash loss of $52.1 million in the third quarter on commodity derivative contracts in a filing with the U.S. Securities and Exchange Commission.
According to a letter obtained by Reuters, Chevron has agreed to transfer its 20% stake in an exploration license in the Arctic, called PL859, to Norway's DNO ASA.
Exxon Mobil, the world's largest publicly traded oil company, has supported a carbon tax in the past and has stepped up efforts to reduce greenhouse gas emissions in its operations.
Hess, Shell and Anadarko Petroleum said they were monitoring the storm and would take actions in the Gulf of Mexico as needed.
LongPoint II is the second company launched by Denver-based FourPoint Energy LLC to focus exclusively on the acquisition of oil and gas mineral interests.
Stephen J. Pilatzke joins Falcon Minerals, an oil and gas minerals company focused on the Eagle Ford Shale, from Lightfoot Capital Partners.
Exxon Mobil is considering selling deepwater assets in the GoM that currently produce about 50,000 barrels per day of oil, unnamed sources told Reuters.
Colorado, the sixth largest and one of the fastest growing U.S. oil-producing states, votes Nov. 6 on a citizens’petition that would require new wells be at least 762 m (2,500 ft) from homes, schools and parks.
Antonio “Tony” Fernandez will lead Intrepid’s newly formed A&D team as managing director. He joins Intrepid from JP Morgan, where he most recently served as a senior A&D banker.