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  • Statoil CEO resigns to take post at BG Group

    Statoil's president and CEO Helge Lund has resigned from Statoil to take up the position as chief executive and executive director of BG Group.  


    The future of shale: capital challenges and opportunities

    For US producers, shale success amid lower oil prices is increasingly dependent on the basin and operator, panelists explained during EY Oil & Gas Center’s Energy Executive Insight Session. In the longer term, continued improvements in technology, cost efficiency and productivity will drive shale sustainability and economic returns.


    Endeavour files for Chapter 11 protection

    Endeavour International Corp. has filed for bankruptcy protection following the execution of an agreement to restructure its debt obligations. Opportune managing partner, David C. Baggett (shown here), serves as Endeavour's chief restructuring officer.


    Meritage brings natural gas processing plant onstream in PRB

    Meritage Midstream Services II LLC has completed and brought onstream its new natural gas processing plant, 50 Buttes, located in Campbell County, Wyoming, to serve natural gas producers in the Powder River Basin.


    Daniel Yergin

    US Secretary of Energy honors Daniel Yergin

    Dr. Daniel Yergin, IHS vice chairman and Pulitzer Prize-winning energy expert, has received the first James R. Sclesinger Medal for Energy Security. US Secretary of Energy Dr. Ernest Moniz presented the award in a ceremony at the US Department of Energy.


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    Commodity Indices

    Market Indices

    Latest Oil & Gas Industry News

    Patterson-UTI Energy acquires pressure pumping assets

    October 21, 2014

    Patterson-UTI Energy Inc. reports that one of its subsidiaries has completed the acquisition of the Texas-based pressure pumping assets of a privately held company. 

    Shell Midstream Partners launches IPO

    October 21, 2014

    Shell Midstream Partners LP, a limited partnership formed by Royal Dutch Shell, has launched its initial public offering of 37,500,000 common units, representing limited partner interests.

    Ophir Energy’s CFO steps down due to board reorganization

    October 20, 2014 Ophir Energy CFO Lisa Mitchell, will leave the company on Nov. 19. Her job was made redundant because Ophir has cut the number of its executive board members from three to two as part of a cost-sav...

    Pacific Rubiales signs MOU with PEMEX

    October 20, 2014 Pacific Rubiales Energy Corp. has entered into a three-year memorandum of understanding with PEMEX, establishing the basis for discussions and analysis of potential oil and gas cooperation in Mexic...

    Cooper Basin JV to undertake seismic in South Australia licenses

    October 20, 2014 Tellus Resources Ltd. (TLU) has provided an update on its Cooper Basin joint venture with Senex Energy Ltd. TLU’s Cooper Basin exploration interests have now been converted to three petroleum reten...

    Eagle Materials to acquire CRS Proppants

    October 20, 2014 Eagle Materials Inc. has entered into a definitive agreement to acquire CRS Proppants LLC and its subsidiaries, including Great Northern Sand LLC (CRS Proppants), a supplier of northern-white frac ...

    Enterprise extends open season for proposed Bakken-to-Cushing pipeline

    October 20, 2014 Enterprise Products Partners LP reports that the binding open commitment period to determine shipper demand for capacity on a proposed new crude oil pipeline from the Williston Basin of North Dakot...

    Eagle Materials to acquire CRS Proppants

    Oct 20, 2014 Eagle Materials Inc. has entered into a definitive agreement to acquire CRS Proppants LLC and its...

    Enterprise extends open season for proposed Bakken-to-Cushing pipeline

    Oct 20, 2014 Enterprise Products Partners LP reports that the binding open commitment period to determine ship...

    Shale oil production from Bakken, Eagle Ford up 2.1% in September

    Oct 20, 2014 Oil production from shale formations in North Dakota and Texas increased by 55,000 barrels per da...

    Ophir Energy’s CFO steps down due to board reorganization

    Oct 20, 2014 Ophir Energy CFO Lisa Mitchell, will leave the company on Nov. 19. Her job was made redundant bec...

    Dominion Midstream Partners prices IPO

    Oct 15, 2014 Dominion Midstream Partners LP has priced its initial public offering of 17,500,000 common units ...

    Endeavour executes RSA pursuant to Chapter 11 proceedings

    Oct 13, 2014 Endeavour International Corp. has executed a restructuring support agreement with holders of more...
    Oil Markets

    Africa Oilfield Logistics proposes dual listing in Kenya

    October 14, 2014 Africa Oilfield Logistics Ltd. intends to dual list on the Growth Enterprise Market Segment (GEMS...
    Energy Players

    Ophir Energy’s CFO steps down due to board reorganization

    October 20, 2014 Ophir Energy CFO Lisa Mitchell, will leave the company on Nov. 19. Her job was made redundant because Ophir has cut the number of its executive board members from three to two as part of a cost-sav...
    Business Solutions

    Increased OPEC production contributing to oil price slide

    October 15, 2014 Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 30.6 million barrels per day (b/d) in September, up 400,000 b/d from August and the highest level since Dece...
    Upstream

    Cooper Basin JV to undertake seismic in South Australia licenses

    October 20, 2014 Tellus Resources Ltd. (TLU) has provided an update on its Cooper Basin joint venture with Senex E...
    Unconventional

    Cooper Basin JV to undertake seismic in South Australia licenses

    October 20, 2014 Tellus Resources Ltd. (TLU) has provided an update on its Cooper Basin joint venture with Senex Energy Ltd. TLU’s Cooper Basin exploration interests have now been converted to three petroleum reten...
    Midstream

    Shell Midstream Partners launches IPO

    October 21, 2014 Shell Midstream Partners LP, a limited partnership formed by Royal Dutch Shell, has launched its ...
    Capital

    Shell Midstream Partners launches IPO

    October 21, 2014 Shell Midstream Partners LP, a limited partnership formed by Royal Dutch Shell, has launched its ...
    Analysis

    Ophir Energy’s CFO steps down due to board reorganization

    October 20, 2014 Ophir Energy CFO Lisa Mitchell, will leave the company on Nov. 19. Her job was made redundant bec...
    Mergers & Acquisitions

    Patterson-UTI Energy acquires pressure pumping assets

    October 21, 2014 Patterson-UTI Energy Inc. reports that one of its subsidiaries has completed the acquisition of t...

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    October 2014
    Volume 11, Issue 10
    OGFJ Podcast with Bracewell & Giuliani

    Kirk Morgan
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    Don Stowers
    Chief Editor, OGFJ

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    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.

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