Plains E&P Co., Houston, (NYSE: PXP) has priced and increased its public offering and will raise $224.4 million through an offering of 12 million shares at $18.70 each to fund general corporate purposes. Barclays Capital Inc. and J.P. Morgan Securities Inc. are joint book-running managers.
Plains has oil and gas assets in California, Texas, Louisiana and the Gulf of Mexico.
Bakken EOR Trial Increased Output by 25%
2023-01-10 - Liberty Resources' pilot project shows alternating produced gas with water/surfactant EOR mix boosts production and cuts costs in the Bakken Shale.
Raising the Bar for ROV Operator Performance by Lowering the Bar for Entry
2023-01-31 - Technology companies Greensea and Blue Ring’s partnership helps ROV operators become situationally aware without having to “context switch” from task to task.
Innovation at Forefront of 2023 SPE HyFrac Conference
2023-02-03 - Engineers from different corporations gathered during the HFTC Plenary Session to discuss different approaches to fracking, including the benefits of fiber optics and geothermal fracking.
Keeping Cybersecurity Top of Mind in the Geophysical World
2023-01-19 - IoT enables geophysical workflows but also introduces vulnerability to cyber attacks.
E&P Tech Trends: Patterson-UTI's Cortex Automation Sensation [WATCH]
2023-02-14 - In this week's inaugural E&P Tech Trends episode, join Hart Energy senior technology editor Jennifer Pallanich as she explores Patterson-UTI's Rig 567.