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.

January 25, 2021

Infrastructure, Construction, Pipelines

Trans Mountain Pipeline Sees Fortunes Shine After KXL’s Demise

Investors say the pipeline is more valuable now.

January 25, 2021

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.

January 25, 2021

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.

January 25, 2021

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.

January 25, 2021

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

January 22, 2021

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.

January 22, 2021

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.

January 22, 2021

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.

January 22, 2021

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.

January 22, 2021