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  • Goodrich Petroleum sells Eagle Ford assets

    Goodrich Petroleum sells Eagle Ford assets

    Goodrich Petroleum Corp. has agreed to sell its proved Eagle Ford reserves and associated leasehold in LaSalle and Frio Counties, TX, for $118 million to an undisclosed buyer.  


    What Dodd-Frank can learn from Islamic finance

    Five years ago, Congress took a step toward reining in elements of a troubled financial system when it passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. A recent Pew poll found that 63% of Americans said the US economic system is no more secure today than it was before the 2008 economic crisis. How can we continue to make things better? One answer can be found in the principles of Islamic finance.


    Iran nuke deal: risks and implications for energy industry

    Following the historic deal on Iran nuclear sanctions, Wood Mackenzie affirmed its view on the likely pace of production ramp up and the opportunity for foreign investment.


    DW: Why ‘Grexit’ worries weigh down oil price

    As strained negotiations between the Greek government and European financial ministers enter the end-game, the impact on energy markets remains uncertain.


    First drone-based gas pipeline surveillance program begins in France

    AIR MARINE has begun the first drone-based gas pipeline surveillance program in France for GRTgaz.  


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    Commodity Indices

    Market Indices

    Latest Oil & Gas Industry News

    Shell announces layoffs as profits fall

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    PwC CF hires new oil and gas US leader

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    Curt Karges has been hired as the Corporate Finance Oil and Gas US Leader for PricewaterhouseCoopers Corporate Finance LLC (PwC CF) in Houston focusing on M&A advisory services.

    HEP acquires majority interest in GT Omniport Terminal in Texas

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    FX Energy closes new senior credit facility

    July 30, 2015

    FX Energy Inc. has finalized a new five-year, up-to-€90 million senior reserve based lending facility.

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    ArcLight Capital Partners LLC, a private equity firm focused on North American energy infrastructure investments, has closed its latest fund, ArcLight Energy Partners Fund VI LP.

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    Chevron plans to cut 1,500 jobs globally

    July 29, 2015 Chevron Corp. plans to eliminate 1,500 jobs globally as part of the company’s initiatives to streamline operations in order to reduce costs by $1 billion, according to various media sources.

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    Rig Count

    Area Count Change
    US 876 19
    Canada 200 8
    International 1146 12

    Source: Baker Hughes Inc.
    US & Canada rig counts updated weekly. International updated monthly.

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    Natural Gas Partners hires McWilliams as managing director

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    Natural Gas Partners, a private equity firm in the natural resources industry, has hired Patrick McWilliams as a managing director in its Houston office.

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    France’s Seisquare Holdings to open Americas headquarters in Houston

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    Upstream

    FX Energy closes new senior credit facility

    July 30, 2015 FX Energy Inc. has finalized a new five-year, up-to-€90 million senior reserve based lending faci...
    Unconventional

    FX Energy closes new senior credit facility

    July 30, 2015

    FX Energy Inc. has finalized a new five-year, up-to-€90 million senior reserve based lending facility.

    Midstream

    HEP acquires majority interest in GT Omniport Terminal in Texas

    July 30, 2015 Howard Midstream Energy Partners LLC’s (HEP’s) subsidiary Maverick Terminals LLC has acquired a m...
    Capital

    FX Energy closes new senior credit facility

    July 30, 2015 FX Energy Inc. has finalized a new five-year, up-to-€90 million senior reserve based lending faci...
    Analysis

    US oil drillers increase number of rigs despite price collapse

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    Mergers & Acquisitions

    HEP acquires majority interest in GT Omniport Terminal in Texas

    July 30, 2015 Howard Midstream Energy Partners LLC’s (HEP’s) subsidiary Maverick Terminals LLC has acquired a m...

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    OGFJ Editor Don Stowers discusses the extremely active oil and gas M&A market and the reasons for the surge in deal activity this year with Bryan Loocke, a partner in Bracewell & Giuliani’s Houston office.

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