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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.
Tom Ward-Led Company Lands Western Anadarko Acquisitions
The acquisitions represent the first transactions within a new partnership between Ward’s Mach Resources and Houston-based private-equity firm Bayou City Energy.
Under The Microscope: E&P Executive Comp Falls In Line
Lonestar Resources and Whiting Petroleum were among the operators that scored the best in a recent Cowen report on E&P management compensation.
The Challenge of ESG Data Gathering
The data captured in an environmental, social and governance program (ESG) can be vast and voluminous.
The Latest
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.
July 17, 2019
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.
July 17, 2019
Comstock Resources Wraps Up Purchase Of Haynesville Operator Covey Park
Covey Park co-CEO John Jacobi and Denham Managing Partner Jordan Marye joined the Comstock Resources board following the completion on July 16 of the roughly $2.2 billion acquisition.
July 17, 2019
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?
July 17, 2019
Pipelines Dispute Adds To Mexico Investment Fears
“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.
July 17, 2019
Aker Energy Lands Funding For Deepwater Project Offshore Ghana
The Aker Energy-led Deepwater Tano Cape Three Points (DWTCTP) block offshore Ghana has received funding from Africa Finance Corp. (AFC), according to a news release.
July 17, 2019
Gary Rich To Retire As Parker Drilling President, CEO
Parker Drilling Co. announced on July 15 that Gary Rich has decided to retire from his roles as president, CEO and director of Parker Drilling later this year.
July 17, 2019
Fertile Ground
The next generation of energy innovators stands ready to tackle the next generation of energy challenges.
July 16, 2019
DUG East: EIA Predictions, Money Talks (2019)
How do investors and private equity sources view the outlook of natural gas for E&P companies? Hear from managing directors with Stone Pier Capital Advisors and Cowen & Co.
July 16, 2019
Tom Ward-Led Company Lands Western Anadarko Acquisitions
The acquisitions represent the first transactions within a new partnership between Ward’s Mach Resources and Houston-based private-equity firm Bayou City Energy.
July 16, 2019