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Castleton Resources Executive Q&A: Haynesville & Flush

Company Profiles

Castleton Resources Executive Q&A: Haynesville & Flush

Castleton Resources is now the U.S. E&P consolidation platform of investment-grade Tokyo Gas Co. Ltd.

Actenum
Sponsored Content

IndustryVoice: Overcoming the Challenges of Drilling Scheduling: On Schedule to More Efficient Production

Why the right AI-powered scheduling tool makes all the difference to drilling programs.

AWS webinar
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IndustryVoice: How to Accelerate E&P Innovation Without Infrastructure Constraints

AWS provides an elastic and scalable cloud infrastructure to run HPC applications.

MarketsSee More

natural gas outlook

Analysis Shows Natural Gas Primed for Bigger-than-expected Spike

Power generation demand, LNG exports and reduced production will combine to push prices higher than the market anticipates.

Asian Spot LNG Prices Jump to 20-Month High on Firm Demand

Traders believe expectations of a cold winter are pushing demand.

Russia’s Putin: Rollover on Oil Output Curbs by OPEC+ Possible

The comments made by Russian President Vladimir Putin are the clearest signal yet from Russia, a global leader in oil production, that it is ready to continue with unprecedented output cuts in the face of a sluggish oil market.

US Crude Exports Likely to be Muted Through 2020 as Production Slides

Oil demand is down 13% as a result of the pandemic.

BusinessSee More

(Source: Shutterstock.com/Hart Energy)

Bankruptcies, Debt Rise as Credit Hope Dwindles for E&Ps

The amount of debt associated with oil and gas bankruptcies so far this year has reached more than $50 billion, a report shows.

Liberty Oilfield Posts Quarterly Loss; Forecasts Frac Fleet Growth

Liberty Oilfield Services reported a smaller-than-expected quarterly loss on Oct. 27 and forecast sequential growth in active frac fleets, as producers restore oil volumes, driven by an uptick in prices.

Cenovus Energy to Cut Up to 25% of Workforce after Husky Deal

Cenovus and Husky Energy confirmed the job cuts after two sources told Reuters of the magnitude of the reductions.

Former Basic Energy Services CFO David Schorlemer Joins ProPetro

David Schorlemer assumed all duties of CFO at ProPetro effective Oct. 23 as part of the planned departure of the Midland, Texas-based service provider’s former CFO, Darin Holderness.

TechnologySee More

Real-time Data: The Key to Increased Oil and Gas Production

Real-time Data: The Key to Increased Oil and Gas Production

Acoustic telemetry systems are a key addition to well testing activities and well integrity management.

Honeywell Wins Contract to Automate World’s Largest LNG Project

Honeywell said its technology will provide streamlined automation to the North Field East project, the world’s largest LNG project being developed by Qatargas on behalf of Qatar Petroleum.

Aggreko Passes 1GW Milestone in Flare Gas to Power Generation Projects

Aggreko, the world-leading provider of mobile, modular power, temperature control and energy services, said Oct. 20 that it has surpassed 1GW of installed power capacity through flare gas to power projects across the world.

Emerson to Deliver Automation Technologies for BP-operated Caspian Sea Platform

Emerson has been awarded a $14 million contract on Oct. 20 to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea, the latest development in the Azeri-Chirag-Deepwater Gunashli oil field.

Exploration & ProductionSee More

The Noble Sam Croft drillship is among the vessels used during operations on the Staborek Block offshore Guyana. (Source: Hess Corp./Shutterstock/Hart Energy)

Resource Estimate Rises for Exxon Mobil, Partners Offshore Guyana

Up to 10 FPSOs could be needed to develop the prolific oil and gas resource base on the Stabroek Block, according to partner Hess Corp.

(Source: Exxon Mobil Corp.)

E&P Regional Report: South America’s Pending Success to Overshadow Harsh 2020

Upstream activity will fuel the region as a leader on the road to recovery.

Opinion: How US Fracking Could Be an Unlikely Beneficiary of a ‘Blue Wave’

Opinion: How US Fracking Could Be an Unlikely Beneficiary of a ‘Blue Wave’

Optimism for the dry gas sector is bubbling up like methane in a Pennsylvania spring.

North Dakota’s Oil Output Up 12% in August as More Wells Resume Output

North Dakota’s oil production rose about 12% to 1.16 million barrels per day (MMbbl/d) in August as more wells and drilling rigs resumed production after a drop earlier this year, the state's regulator said on Oct. 16.

TransactionsSee More

EQT to Acquire Chevron’s Appalachia Assets for $735 Million

EQT to Acquire Chevron’s Appalachia Assets for $735 Million

EQT CEO Toby Rice described the Chevron acquisition as a natural bolt-on extension of EQT’s dominant position in the core of the southwest Marcellus in the Appalachian Basin.

Marketed: Equinor Bakken North Dakota, Montana Package

Equinor Energy LP retained EnergyNet for the sale of a Bakken shale package in North Dakota and Montana through an auction closing Nov. 11.

Texas-based IPR Energy to Acquire Onshore Egyptian Assets for $236 Million

Irving, Texas-based IPR Energy Group said the acquisition of Dana Gas’ Egypt onshore Nile Delta assets will transform it into one of Egypt’s leading local independent oil and gas companies.

Marketed: Kaiser-Francis Oil Oklahoma Package, Custer and Dewey Counties

Kaiser-Francis Oil Co. retained EnergyNet for the sale of operated assets in Oklahoma's Custer and Dewey counties through an auction closing Nov. 18.

Policy & RegulationsSee More

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Research: Global Emissions from Fuel Consumption Likely Peaked Last Year

The rise in EVs, solar and wind power and renewable energy sources will keep emissions lower, says Bloomberg Energy Finance.

Saudi Oil Minister: Consider All Options to Reduce Emissions

Getting rid of oil and gas is ‘unrealistic,’ energy minister says.

Democrats in US Drilling States Push Back Against Biden Oil Remarks

From Texas to Montana, Democrats locked in tight congressional races in Nov. 3's general election took to Twitter to affirm their support for the fossil fuel industries and workers in their states.

US Lawmakers Complain to Trump over Mexican Energy Policy

The letter argued that reports showed Mexican President Andres Manuel Lopez Obrador is providing preferential regulatory treatment for state oil firm Pemex and delaying or canceling permits for U.S. energy companies.

MidstreamSee More

remote

Choosing the Ideal Third-Party Control Room Operations Provider

Like control rooms, not all control room operations providers are created equal.

Martin Midstream Names Bob Bondurant CEO as Founder Ruben Martin Retires

Martin Midstream’s founder, Ruben Martin, will retire as president and CEO on Dec. 31, but remain as board chairman and will continue to be actively involved in its business development.

Kinder Morgan Profit Falls as Pandemic Hits Energy Demand

Market conditions are weighing on a number of planned expansion projects, Kinder Morgan said, adding that they were not needed at least in the near term.