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Volatile outlook for M&A activity for offshore contract drilling firms
This article examines the financial mechanics that shape the merger and acquisition climate for offshore drilling companies.
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Financial results for contract drillers
When it comes to contract drilling companies, Transocean is the 15,000-pound elephant in the room.
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Second-quarter earnings aftermath: The path forward
In a post financial crisis world, the second-quarter earnings season further documented the adverse impact of three consecutive quarters of weak global crude demand.
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Eyeing natural gas as linchpin fuel, Tenaska Capital Management expands
Tenaska Capital Management LLC (TCM), an affiliate of Tenaska Energy Inc. and the manager of the $2.4 billion TPF II LP private equity fund, has expanded and diversified its investment in the US midstream natural gas sector by establishing a joint venture that will operate as Frontier Gas Services LLC (Gas Services).
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ASME designates Hughes Christensen drill bit as Historic Mechanical Engineering Landmark
The American Society of Mechanical Engineers has named the Hughes Christensen Two-Cone Drill Bit as a Historic Mechanical Engineering Landmark.
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Carbon recycling: an alternative to carbon capture and storage
Carbon capture and storage (CCS) is being hailed as the answer to the globe's most pressing question: what to do with the 27 billion metric tons of carbon dioxide emitted yearly from the burning of fossil fuels?
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Special Report
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Cover Story
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If carbon legislation passes, what will the future hold for US petroleum industry?
For many years, carbon dioxide (CO2) has been injected into oil and gas formations to extract oil and gas that remains after primary recovery operations, a process known as enhanced oil recovery or EOR.
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Brazil plans massive unitization for its pre-salt basin discoveries
Offshore Brazil's pre-salt basin discoveries have been the talk of the international petroleum industry the last few years.
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Will the end of the credit crunch mark the beginning of the commodities crunch?
Are we seeing the beginning of the end of the credit crunch?
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OGFJ100P company update
IHS Herold Inc., the independent research firm, has provided OGFJ with updated production data for our periodic ranking of US-based private E&P companies.