Granite Wash

Gathering & Processing , Business , DUG Midcontinent , Unconventional

Staff Shortage Confronts Gas Processors

Panelists at DUG Midcontinent’s midstream forum describe the recruiting challenge of overcoming the perception of oil and gas as a ‘dirty business.’

November 15, 2018

DUG Midcontinent , Unconventional

Panel - Private Operators: Maurice Storm, Tecolote Energy; Luke Essman, Canyon Creek Energy; Will Ulrich, Presidio Petroleum (2018)

From the western Anadarko to the Arkoma Basin, these E&Ps—Tecolote Energy, Canyon Creek Energy and Presidio Petroleum—are drilling and delineating. Hear their results and plans.

November 14, 2018

Business , Unconventional , Crude Oil , Natural Gas , Natural Gas liquids (NGL)

Analysts: Expect Oil Producers To Boost Capex

Drillinginfo expects LNG exports to bolster natural gas prices but not until 2021.

July 19, 2018

Business , Unconventional , Acquisitions & Divestitures

Presidio Petroleum Acquires Midstates’ Western Anadarko Assets

Midstates Petroleum announced the sale earlier this year with proceeds of $58 million earmarked to pay down debt.

June 1, 2018

Unconventional , Crude Oil , Natural Gas , Midstream

‘2 Ships’ Sail Same Rough Energy Sea

Both midstream and upstream must navigate through changes in the energy business, says IHS Markit expert.

April 19, 2018

Unconventional , Acquisitions & Divestitures , Gathering & Processing

Unit Corp. Selling Midstream Stake To Boost Drilling Program

Proceeds from the sale of a 50% stake in Unit’s midstream affiliate will be used to accelerate the drilling program of its E&P in the Midcontinent and Texas Gulf Coast regions.

March 29, 2018

Service Contracts , Unconventional , Technology , Acquisitions & Divestitures , Lease Sales

Blue Wolf Capital Buys Majority Stake In Production Equipment Provider Petrosmith

The investment, which is the New York-based firm’s first since closing Blue Wolf Capital Fund IV LP at its hard cap of $540 million in September 2017, is expected to facilitate rapid expansion at Petrosmith.

February 12, 2018

Business , Unconventional , Acquisitions & Divestitures , Midstream

FourPoint Breaks Trail Through Western Anadarko With New Deal, Funding

The acquisition in the Texas Panhandle will bring FourPoint’s production to more than 530 million cubic feet equivalent per day and give it control of 300 miles of pipe.

December 14, 2017

Company Profiles , People , Unconventional , Midstream

Unit Corp. Appoints Les Austin As CFO, SVP

Les Austin has more than 23 years of energy finance and leadership experience. He replaces David T. Merrill, who held the position of CFO at Unit until he was promoted to COO in August.

November 30, 2017

Unconventional , Acquisitions & Divestitures

Black Stone’s Magic: $340 Million Pries Minerals From Noble Energy

Black Stone’s single largest deal to date expands its Permian presence with 15,500 net royalty acres in the Midland and Delaware basins.

November 27, 2017