[Editor's note: This story originally appeared in the December 2019 edition of E&P. Subscribe to the magazine here.]
Premier Oilfield Group LLC has named Patrick (Paddy) Keenan CEO.
Wood has appointed Stephanie Cox CEO of its Americas business, succeeding Andrew Stewart, who has been appointed executive president of strategy and development for the global business.
NOW Inc., which operates primarily under the DistributionNOW and Wilson Export brands, has appointed Dick Alario interim CEO, replacing Robert Workman.
David Currie has been named group CEO of Proserv. Davis Larssen has been appointed CEO of Proserv Controls, the newly formed division of Proserv. In addition, David Nemetz has been appointed president of Gilmore, a Proserv company.
David H. Witte has been appointed CEO designate of MBP Titan LLC, a standalone subsidiary company of Intrexon Corp.
Gunnar Jansen has been named interim CEO of SeaBird Exploration Plc, replacing Hans Petter Klohs.
Daniel P. Rohling has been named executive vice president and COO of Halcón Resources Corp., replacing Jon Wright.
Craig Mueller, vice president and chief commercial officer of American Gilsonite Co. (AGC), will succeed David G. Gallagher as president and CEO, effective Feb. 1, 2020. Gallagher will transition from his current role as president and CEO to special adviser and will continue serving as a board member of AGC.
Expro has named Quinn Fanning CFO.
Steven Keenan has resigned as senior vice president of worldwide exploration at Apache Corp.
Peter Botten, managing director of Oil Search, has announced plans to retire in 2020. He will be succeeded by Dr. Keiran Wulff. To ensure a smooth transition of responsibilities, Wulff was appointed CEO designate.
Craig W. Hunter has joined Frontier Environmental Services as corporate director of HSE.
Parsley Energy Inc. has agreed to acquire Jagged Peak Energy Inc. in an all-stock transaction valued at about $2.3 billion, including the assumption of debt. The transaction is expected to close in the first quarter of 2020.
Premium Oilfield Technologies has executed agreements to buy Global Drilling Support (GDS). The acquisition of certain GDS entities is closed and was effective Oct. 31, and the acquisition of a smaller operation of GDS is part of a separate agreement, which is expected to close in the first quarter of 2020.
Pengrowth Energy Corp. agreed to be bought out by privately backed Cona Resources Ltd., a portfolio company of Waterous Energy Fund.
Locus Bio-Energy Solutions has opened its new 7,117-sq-ft innovation center in The Woodlands, Texas. The center will act as Locus Bio-Energy’s new headquarters, and it features a laboratory to customize and deploy the company’s Assur-EOR biosurfactant treatment program across the Permian and other Texas basins.
Milestone Environmental Services LLC has begun construction of an RCRA-exempt oilfield waste landfill in Upton County, Texas. It is expected to open toward the end of the first quarter of 2020.
Sulzer has opened a new 850-sq-m purpose-built service center in Semenyih, Malaysia, that specializes in centrifugal pumps, compressors, steam turbines and electric motors.
Siemens and Materials Solutions, a Siemens business, opened a new 17,000-sq-ft innovation center in Orlando that offers a pairing of design with manufacturing, implementing robotics, rapid prototyping, scanning, digital tools and onsite metal additive manufacturing.
The Bureau of Land Management’s move to its new headquarters in Grand Junction, Colo., should be completed by year-end 2020.
Huntley & Huntley Energy Exploration LLC, a privately held independent natural gas company in the Appalachian Basin, has changed its name to Olympus Energy LLC.
Rockwell Automation and Schlumberger have closed on their previously announced joint venture, Sensia, a digitally enabled, integrated automation solutions provider.
Hy-Tech Engineered Solutions has acquired Blaz-Man Gear and Gear Products & Manufacturing. The new companies will operate together with Hy-Tech’s current gear company, Quality Gear, forming a new Power Transmission Division.
High costs, regulatory hurdles and environmentalist opponents have made it difficult to construct major natural gas pipelines out of Appalachia.
Constraints on the midstream will result in higher gas prices, East Daley says, leading utilities to rely more on cheaper coal.
Adjustment to low prices will be much faster than in the past.