Tap into unmatched coverage of the oil and gas industry’s entire landscape.


Already a subscriber? Sign in

More Top Stories

Exploration & Production

Will East Africa Find Oil Amid Challenges?


New exploration frontiers give hope to the region’s offshore market.


Emerging Tech: Subsea Ambient Lifter

Ecosse IP

Designed to cut decommissioning costs by 40%, Ecosse IP’s Ambient Lifter is changing the scope of offshore operations.

Exploration & Production

Petrobras Poised To Enter New Natural Gas Era Following Discoveries

Petrobras seeks partners for natural gas development. (Source: Vlad Vahnovan/Shutterstock.com)

The Brazilian government hopes to attract more players to its gas sector.


A&D Trends: Reeled In

A&D Trends: Reeled In

Is a trend of more consolidation suggested by the recent Anadarko Petroleum and Covey Park Energy takeovers to come in the A&D market?


Pipelines Dispute Adds To Mexico Investment Fears

Andrés Manuel López Obrador

“The signal abroad, that Mexico does not respect contracts is very tough, especially when the economy is not going well and you need investors,” said Gonzalo Monroy, an energy analyst.


A&D Transactions From The Week Of July 17, 2019

A&D Transactions From The Week Of July 17, 2019

Here’s a snapshot of energy deals from the past week featuring the $3.2 billion acquisition of Carrizo Oil & Gas by Callon Petroleum that included core positions in the Permian Basin and Eagle Ford Shale.


Frac Spread: Prices Bounce, Margins Improve

Margins mostly improve but ethane’s remains in negative territory.

Houston Crude Prices Drop As New Pipelines Add Supplies

WTI at Magellan East Houston on July 16 sank to a $4 per barrel premium to U.S. crude futures , the weakest since last August, trade sources said. It peaked at $11.25 per bbl in February.

Oil Steadies, Shrugging Off Iran’s Seizure Of Tanker In Gulf

Vessel was apparently smuggling fuel and had a small cargo.

Blue Mountain Midstream Enter Crude Oil Gathering Agreement With Roan Resources

Blue Mountain plans to construct an initial crude system consisting of approximately 50 miles of gathering pipelines with two downstream interconnections providing anchor shipper Roan Resources with direct access to the Cushing market.


Energy Stocks To Watch: Opportunities Abound

Analysts offered their favorite SMID-cap oil and gas stock picks, and then the late-May sell-off presented a chance to buy.

Whiting Names Correne Loeffler As CFO Michael Stevens’ Successor

Whiting Petroleum CFO Michael Stevens will be replaced by Correne Loeffler, who joins the company from Callon Petroleum which recently announced a multibillion-dollar acquisition.

Australia's Santos Posts Record Production; Woodside Petroleum’s Revenue Falls In Second Quarter

Santos Ltd. said on July 18 it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.

Oil Service Firms Eye New Survival Tactics Amid Weak US Market

The last time supplies overwhelmed demand, oilfield service suppliers cut hundreds of thousands of jobs and top firms gushed red ink.


Oilfield Services Giant Schlumberger Names Olivier Le Peuch As CEO

Additionally, Mark Papa will become chairman of the Schlumberger board as Paal Kibsgaard, the company’s current CEO and chairman, retires.

McDermott Bags Pre-FEED Contract For Vaca Muerta LNG In Argentina

McDermott International Inc. has been awarded a sizeable contract by Argentina-based YPF SA on July 19 to provide pre-FEED services for a five million tonnes per annum (MTPA) LNG liquefaction facility, with a potential expansion to 10 MTPA, at the Vaca Muerta Shale field in Argentina.

Chevron Awards Subsea Compression FEED Order To MAN Energy Solutions

MAN Energy Solutions has been awarded a contract to support the FEED study of a subsea compression solution for the Chevron-operated Jansz-Io Field in Western Australia on July 17.

Halliburton Introduces First 3-D Logging-While-Drilling Technology

New visualization enables precise geosteering and accurate well placement.

Exploration & Production

ExxonMobil Indonesia Targets More Barrels From Oil-rich Cepu Block

Operations at the Kedung Keris oil field could start by year-end 2019.

Analysis Shows Well Interference’s Role In Scoop/Stack Productivity Decline

The surge in child wells has brought well spacing and interference concerns across U.S. shale plays. Some have found solutions, while others are looking.

Burnishing The Rockies’ Rep

There’s more than one road in the Rockies. While E&Ps pursue exploration in Wyoming, their counterparts in Colorado are adjusting development programs to conform to local control legislation.

Hart Energy's Unconventional Activity Tracker

Hart Energy's exclusive rig counts measure drilling intensity. They exclude units classified as rigging up or rigging down, and also exclude rigs drilling injection wells, disposal wells or geothermal wells. They are designed to offer the most accurate picture of what is actually occurring in the field.


Range Narrows Appalachia Footprint With $634 Million Asset Sales

By the time the divestitures close, Range CEO Jeff Ventura said the oil and gas producer will have executed a $1 billion reduction in debt over the past year.

Marketed: Core Eagle Ford Shale Mineral Position

A private seller has retained TenOaks Energy Advisors for the sale of minerals in the core of the Eagle Ford Shale in South Texas through an offering closing Aug. 16.

On The Market Quicklist (Week Of July 17, 2019)

Here’s a quicklist of oil and gas assets on the market including a core Eagle Ford mineral position in Karnes, DeWitt and Gonzales counties in South Texas.

Marketed: Multiple Caddo Minerals Packages Throughout Permian Basin, Eagle Ford

Caddo Minerals retained EnergyNet for the sale of packages of Texas mineral and royalty interests across the Permian Basin and Eagle Ford Shale through multiple auctions.

Policy & Regulations

N.Y. Governor Signs Climate Bill

Measure will reduce greenhouse gas emissions to zero by 2050; state also awards two wind power contracts.

US To Move Public Lands Agency To Colorado From Washington

BLM’s move will result in officials located closer to areas they serve, says the Department of the Interior.

Vineyard Wind To Request Superseding Order From Massachusetts Department Of Environmental Protection

Vineyard Wind said July 15 it will request a superseding order from the Massachusetts Department of Environmental Protection to overturn denial of the project’s application before the Edgartown Conservation Commission.

Turkey Says It Will Continue To Drill For Gas Offshore Cyprus

Move is designed to pressure Greek Cypriot government to accept a cooperation proposal by Turkish Cypriots.


DUG East: Supply, Meet Demand (2019)

How many more Bcfs can possibly exit this basin, and when? Two midstream experts with Dominion Energy and Stratas Advisors weigh in.

Kinder Morgan Moves Ahead With Pipeline Connection To Houston

The company plans to spend $10 million on the project this year, and has contracts to start transporting 75,000 bbl/d for up to three years, Kinder Morgan CEO Steven Kean told investors.

Enbridge Delays Open Season For Bids On Mainline Oil Pipeline System

Enbridge Inc. has delayed the start of an open season to solicit bids for contracted space on its Mainline oil pipeline system, North America's largest oil-shipping network, three market sources told Reuters on July 17.

Canadian LNG Plant Signs Chinese Supply Contract

The company has supplied small-scale cargoes on a spot basis to China since a pilot in 2017.