North America

Public Capital

Encana Shareholder To Vote Against Canada Exit Proposal

Encana shareholder Letko, Brosseau & Associates Inc. said Nov. 19 it will vote against the oil and gas company's proposed exit from Canada to the U.S.

November 19, 2019

Rig Counts , Unconventional

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.

November 18, 2019

Business , Technology

Mexican Minister Says Pemex Unaffected By Cyberattack, Workers Disagree

A cyberattack on computer networks of the Mexican national oil company Pemex is "totally under control" and did not have any negative consequences, Security Minister Alfonso Durazo said on Nov. 14.

November 14, 2019

Trends

A&D Transactions From The Week Of Nov. 13, 2019

Here’s a snapshot of energy deals from the past week including Equinor’s sale in the Eagle Ford to Repsol plus nearly $300 million worth of shale acquisitions by Marathon Oil.

November 13, 2019

Earnings , Pipelines

Higher Crude Transportation Fuels Enbridge’s Profit Beat

The company said it expects several of its growth projects to be operational in 2019, including the $700-million Gray Oak pipeline.

November 8, 2019

Trends

A&D Transactions From The Week Of Nov. 6, 2019

Here’s a snapshot of energy deals from the past week including the closing of Contango’s acquisition of White Star Petroleum and a roughly $1.6 billion county exit by Chevron.

November 6, 2019

Private Equity , Water Management , Acquisitions & Divestitures , Midstream

NGP Sells OWL Ownership To Alternative Asset Management Firm

Currently, Oilfield Water Logistics (OWL) owns and operates the largest commercial produced water gathering and transportation system in the Northern Delaware Basin.

November 4, 2019

Investment , International

Amid Climate Worries, Mexico Doubles Down On Fossil Fuels

Lopez Obrador aims to leverage oil to fight poverty, but environmentalists insist he is going in the wrong direction.

November 4, 2019

Public Capital , Exploration & Production , Mergers

Struggling Canadian Producer Pengrowth Agrees To Multimillion-Dollar Buyout

Despite a severe discount, Pengrowth CEO Pete Sametz said the transaction is the best available alternative for the Calgary, Alberta-based oil and gas producer.

November 1, 2019

Exploration & Production , Shale Plays , Technology , Drilling , Completions

Minimizing The Effects Of Fracture Hits Using Real-time Designs

A Delaware Basin case study demonstrates various techniques to minimize parent and child well interactions.

November 1, 2019