•  
  •  
  •  
  •  
  •  
  • EIA: US shale production set to record first drop in four years

    The USEIA’s monthly drilling report says that oil production from US shale plays is expected to decline 45,000b/d to 4.98MMb/d in May from 5.02MMb/d in April – marking this as the first such monthly decline seen in over four years.


    Apache to sell Australian operations for $2.1B

    Apache has agreed to sell Apache Energy Ltd. to a consortium of private equity funds for a cash payment of $2.1B. The deal generates an "attractive multiple given the gassy nature of the assets and APA's current corporate valuation of $7.9K/flowing Mcfe," noted analysts.  


    Fox Petroleum proposes Oman to India multi-purpose pipeline

    Fox Petroleum Ltd. has proposed building the Oman – India Multi Purpose Pipeline (OIMPP), a deepwater, transnational, natural gas pipeline system that would cross the Arabian Sea and be funded 100% with foreign investments. 


    Verisk Analytics to acquire Wood Mackenzie

    Wood Mackenzie has signed an agreement to be acquired by Verisk Analytics Inc. for $2.8 billion. The move by Verisk establishes the firm as a data analytics provider in the global energy market.


    1/4
    Previous Slide Play Slide Pause Slide Next Slide

    Commodity Indices

    Market Indices

    Latest Oil & Gas Industry News

    Jacoby to manage APEG’s shale-related economic development

    April 21, 2015 Mike Jacoby has joined the Appalachian Partnership for Economic Growth to direct economic development related to Ohio’s shale play. The new position was funded by JobsOhio in recognition of th...

    CohnReznick Cap Markets expands services to oil and gas sectors

    April 21, 2015 CohnReznick Capital Markets Securities LLC has expanded its investment banking services to the oil and gas sector. This expansion includes the hiring of executives Sam Xu and Evan Turner to the fir...
    Deepwater Horizon

    OGFJ Photo of the Day

    Enable Midstream completes Bakken crude oil gathering system

    April 21, 2015

    Enable Midstream Partners LP’s first crude oil and produced water gathering system in North Dakota became fully operational on April 20.

    Production in Bakken, Eagle Ford rose 1% in March

    April 21, 2015 Oil production from shale formations in North Dakota and Texas increased by 17,000 barrels per day (b/d), or 1%, in March vs. February, according to Bentek Energy, an analytics and forecasting unit...

    Willbros elects Wedemeyer to board of directors

    April 21, 2015

    Willbros Group Inc.’s (NYSE: WG) board of directors has elected Phil D. Wedemeyer to the company's board.

    Vanguard to acquire LRR Energy for $539 million

    April 21, 2015 Vanguard Natural Resources LLC and LRR Energy LP have entered into a purchase agreement and merger plan pursuant to which a subsidiary of Vanguard will merge into LRR Energy LP. Vanguard will also ...

    OGFJ photo of the day


    Click to view slideshow

    More News & Updates

    Jacoby to manage APEG’s shale-related economic development

    Apr 21, 2015 Mike Jacoby has joined the Appalachian Partnership for Economic Growth to direct economic develop...

    Enable Midstream completes Bakken crude oil gathering system

    Apr 21, 2015 Enable Midstream Partners LP’s first crude oil and produced water gathering system in North Dakot...

    Rig Count

    Area Count Change
    US 954 34
    Canada 80 19
    International 1275 17

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

    More News

    Petrobras discovers oil and gas in Amazon and Espírito Santos basins

    Apr 17, 2015 Petróleo Brasileiro SA (Petrobras) has confirmed the discoveries of oil and gas accumulations in ...

    PA Resources receives approval for continued reorganization

    Apr 16, 2015 On April 15, the Gunvor Group recalled its petition for bankruptcy in PA Resources AB, and, as a ...

    Gunvor Group to withdraw petition for PA Resources bankruptcy

    Apr 15, 2015 Gunvor Group has informed the company that it intends to withdraw its petition for bankruptcy in ...
    Oil Markets

    Petrobras discovers oil and gas in Amazon and Espírito Santos basins

    April 17, 2015 Petróleo Brasileiro SA (Petrobras) has confirmed the discoveries of oil and gas accumulations in ...
    Energy Players

    Jacoby to manage APEG’s shale-related economic development

    April 21, 2015 Mike Jacoby has joined the Appalachian Partnership for Economic Growth to direct economic development related to Ohio’s shale play. The new position was funded by JobsOhio in recognition of th...
    Business Solutions

    Midstates Petroleum receives continued listing standard notice from NYSE

    April 6, 2015 Midstates Petroleum Co. Inc. received notification on April 1 from the New York Stock Exchange (NYSE) that the price of the company’s common stock has fallen below the NYSE’s continued listing stan...
    Upstream

    Jacoby to manage APEG’s shale-related economic development

    April 21, 2015 Mike Jacoby has joined the Appalachian Partnership for Economic Growth to direct economic develop...
    Unconventional

    Jacoby to manage APEG’s shale-related economic development

    April 21, 2015 Mike Jacoby has joined the Appalachian Partnership for Economic Growth to direct economic development related to Ohio’s shale play. The new position was funded by JobsOhio in recognition of th...
    Midstream

    Enable Midstream completes Bakken crude oil gathering system

    April 21, 2015 Enable Midstream Partners LP’s first crude oil and produced water gathering system in North Dakot...
    Capital

    CohnReznick Cap Markets expands services to oil and gas sectors

    April 21, 2015 CohnReznick Capital Markets Securities LLC has expanded its investment banking services to the oi...
    Analysis

    DW: Offshore MMO – From slow to grow

    April 20, 2015 Douglas-Westwood is forecasting a 12% decline in offshore maintenance, modifications, and operati...
    Mergers & Acquisitions

    Vanguard to acquire LRR Energy for $539 million

    April 21, 2015 Vanguard Natural Resources LLC and LRR Energy LP have entered into a purchase agreement and merge...

    Podcasts with Bracewell & Giuliani

    Guest: Kirk Morgan
    Partner, Bracewell & Giuliani

    Follow Bracewell & Giuliani on Twitter

     

    Host: Don Stowers
    Chief Editor, OGFJ

    More from Don
    Follow OGFJ on Twitter

     

    OGFJ Editor Don Stowers discusses the legal and regulatory framework for midstream infrastructure development with Kirk Morgan, a partner in Bracewell & Giuliani’s energy practice based in Washington, DC.

    Click here to listen

    Guest: Bryan Loocke
    Partner, Bracewell & Giuliani

    Follow Bracewell & Giuliani on Twitter

     

    Host: Don Stowers
    Chief Editor, OGFJ

    More from Don
    Follow OGFJ on Twitter

     

    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.

    Click here to listen

    Current Issue

    April 2015
    Volume 12, Issue 4

    Most Read

    Oil & Gas Jobs

    Search More Job Listings >>