The Latest
Earnings, Exploration & Production, Shale Plays
US Shale Producers Fear Drilling Binge by ‘Bad Actors’
Rare period of profitability for battered U.S. shale producers threatened by overproduction, oil executives across the sector say.
Infrastructure, Construction, Pipelines
Trans Mountain Pipeline Sees Fortunes Shine After KXL’s Demise
Investors say the pipeline is more valuable now.
Digital Oilfield, Construction
Cheniere Awards Worley Four Master Services Agreements
Worley has been awarded four master services agreements by subsidiaries of Cheniere Energy Inc. on Jan. 22 to provide engineering, procurement, construction and construction management services to Cheniere’s U.S. Gulf Coast-based LNG facilities.
Exploration & Production, Policy & Regulations
Oil-producing Native American Tribe Seeks Exemption from Biden Drilling Pause
The pushback from the Ute Indian Tribe reflects the financial strain some communities will face from a freeze of the government's fossil fuel leasing program.
Business, Exploration & Production, Emissions, Shale Plays, Transactions
Oil and Gas Investor Executive Q&A: Extreme EQT Makeover
A year and a half after leading a mutiny of shareholders to take control of the nation’s largest natural gas producer, CEO Toby Rice is proud to reveal the completed remodel. And it’s even better than promised.
Public Capital, People, Exploration & Production
Amplify Energy Names Martyn Willsher CEO in Leadership Reshuffle
Martyn Willsher, previously interim CEO and CFO of the Houston-based E&P company, has worked for Amplify Energy and its predecessor companies since 2012
Lease Sales
Marketed: SandRidge MS Trust Northern Oklahoma Royalty Position
SandRidge Mississippian Trust I retained TenOaks Energy Advisors to handle the sale of all of its royalty interests located in Northern Oklahoma as part of a planned dissolution of the trust.
Highlights, Shale Plays
Best of This Week’s Drilling Activity Highlights (Jan. 22, 2021)
Ovintiv completes three Spraberry Field producers, a new Eagle Ford Shale discovery by BPX Energy plus results from a Hess Gulf of Mexico venture top this week’s drilling activity highlights from around the world.
Lease Sales
Marketed: Texas Operated Package in Chambers, Galveston and Brazoria Counties
The Oil & Gas Asset Clearinghouse is partnering with Sawtooth Operating Co. to market an operated working package that includes 58 wells in Chambers, Galveston and Brazoria counties, Texas.
Crude Oil, Trade, Midstream
Magellan, Enterprise to Develop Houston Crude Oil Futures Contract
Quality specifications will be consistent with WTI crude oil originating from the Permian Basin, with delivery capabilities at either Magellan's East Houston terminal or Enterprise's ECHO terminal.