North America

Drilling

Simmons Edeco Completes First Mexican Drilling Contract for Newpek

Simmons Edeco, a leading supplier of onshore drilling and workover services to the global oil and gas industry, successfully completed its first drilling contract for Mexico oil and gas operator Newpek, a division of Grupo Alfa, a major player in the food, IT, and automotive sectors in Mexico on June 2.

June 11, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of June 10, 2020

Here’s a snapshot of recent energy deals including the closing of Apergy’s multibillion-dollar merger with Ecolab’s upstream business to form ChampionX.

June 10, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of June 3, 2020

Here’s a snapshot of recent energy deals including the closing of the sale of ConocoPhillips’ Northern Australia business for nearly $1.4 billion.

June 3, 2020

Liquefied Natural Gas (LNG) , Shale Plays , Construction , Pipelines

Midstream Projects: Cloudy, with a Chance of Free Falls

The March market meltdown may have unnerved some oil and gas investors, but plenty of midstream projects either opened or moved forward.

June 2, 2020

Business , Crude Oil

Oil and Gas Investor At Closing: Looking for the ‘V-shape’

We have to bet on pent-up demand. The recovery appears to be ‘V-shaped’ in most markets. We hope to see that in the energy world as well.

June 1, 2020

Public Capital , People , Exploration & Production , Shale Plays

Ovintiv President Michael McAllister to Retire

Upon Michael McAllister’s retirement, CEO Doug Suttles will assume the responsibilities of president at Denver-based Ovintiv Inc., formerly known as Encana.

June 1, 2020

Shale Plays , Digital Oilfield , Completions

Cold Bore Technology to Begin Beta Testing ‘Frac Action’ Software

Cold Bore Technology said its new Frac Action graphing software allows frac operators, for the first time, to overlay high resolution, real-time stage frac data onto that of multiple previous stages.

May 28, 2020

Acquisitions & Divestitures , Trends

Energy A&D Transactions from the Week of May 27, 2020

Here’s a snapshot of recent energy deals including the closing of EQT’s $125 million asset sale in Appalachia to Diversified Gas & Oil.

May 27, 2020

Rig Counts , Unconventional , Shale Plays

Hart Energy Unconventional Activity Tracker (Week of May 25, 2020)

As of May 20, the total U.S. rig count is down 28 from last week with the Permian Basin leading the declines with a drop of 17 rigs.

May 26, 2020

Rig Counts

North American Oil, Gas Rig Count Falls to Record Lows

The U.S. rig count, an early indicator of future output, fell by 21 to a record low 318 in the week to May 22, according to data from energy services firm Baker Hughes Co.

May 22, 2020