•  
  •  
  •  
  •  
  •  
  • US and OPEC battling for oil market share

    Like a fighter who goes down after being sucker-punched, US shale producers are staggering but have not given up.


    Noble Energy enters Eagle Ford, Permian through Rosetta acquisition

    In what one analyst described as the beginning of a Texas pivot, Noble Energy is set to enter the Eagle Ford and Permian by acquiring Rosetta Resources.


    Vicki Hollub, Occidental

    OXY unveils succession plan

    Occidental has approved a CEO succession plan and promoted Vicki A. Hollub to senior EVP of Occidental and president of Oxy Oil and Gas. The board plans for Hollub to succeed Stephen I. Chazen as CEO of Occidental after a transition period.


    Erin Energy begins Oyo field production offshore Nigeria

    Erin Energy Corp. has commenced production from the Oyo-8 well located in OML 120 offshore Nigeria.


    Saudi Aramco restructures with creation of supreme board

    Following the January death of Saudi Arabia’s King Abdullah, the country has been reorganizing its energy industry, and this process has included the creation of a supreme board to oversee state-run Saudi Aramco, according to Bloomberg.


    1/5
    Previous Slide Play Slide Pause Slide Next Slide

    Commodity Indices

    Market Indices

    Latest Oil & Gas Industry News

    Sabine enters into forbearance agreement to second lien term loan facility

    May 22, 2015 Sabine Oil & Gas Corp. has entered into a forbearance agreement with the lenders under its second lien term loan facility. The forbearance agreement will provide the company with additiona...

    Vanguard to acquire Eagle Rock Energy Partners for $614 million

    May 22, 2015 Vanguard Natural Resources LLC and Eagle Rock Energy Partners LP have entered into an agreement and plan of merger pursuant to which a subsidiary of Vanguard will merge into Eagle Rock for total co...

    NuEnergy acquires Dart Indonesia's CBM assets in Sumatra, Kalimantan

    May 21, 2015 NuEnergy Gas Ltd., an Australian gas and ancillary power generation development company focused on unconventional gas exploration and production in Indonesia, disclosed May 21 the conditional share...

    Wilson joins Sidley Austin in Singapore as partner

    May 21, 2015

    Charlie Wilson will be joining Sidley Austin LLP in Singapore as a partner in the firm’s M&A and Private Equity practices.

    Wintershall new chairman starts June 1; company ceases operations in Qatar

    May 21, 2015 Wintershall confirms that the change at the company’s helm will come about a month earlier: Mario Mehren will take over as chairman of the board of executive directors on June 1, as the successor t...

    MEO farms out 30% stake in WA-488-P permit to Rex

    May 21, 2015 MEO Australia Ltd. has farmed out a 30% participating interest in the WA-488-P exploration permit offshore Western Australia to a wholly owned subsidiary of SGX-listed Rex International Holding.

    Kinder Morgan responds on declined application for Palmetto Pipeline

    May 21, 2015 Kinder Morgan Inc. has received notification that the Georgia Department of Transportation declined its application for a Certificate of Public Convenience and Necessity associated with the propose...

    OGFJ photo of the day


    Click to view slideshow

    More News & Updates

    Sabine enters into forbearance agreement to second lien term loan facility

    May 22, 2015 Sabine Oil & Gas Corp. has entered into a forbearance agreement with the lenders under its se...

    Vanguard to acquire Eagle Rock Energy Partners for $614 million

    May 22, 2015 Vanguard Natural Resources LLC and Eagle Rock Energy Partners LP have entered into an agreement a...

    Rig Count

    Area Count Change
    US 888 6
    Canada 77
    2
    International 1275 17

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

    More News

    North American Shale

    May 6, 2015

    Production continues to grow, albeit at a slower pace

    Eureka Hunter

    May 6, 2015

    Increasing optionality in the Marcellus, Utica shales

    Newfield reorganizes regional operating units, closing two offices

    May 4, 2015 Newfield Exploration Co. plans to combine its Onshore Gulf Coast and Rocky Mountain business unit...
    Oil Markets

    Marlin Midstream Partners changes name to Azure Midstream Partners

    May 20, 2015 Marlin Midstream Partners LP has changed its name to Azure Midstream Partners LP. The change is b...
    Energy Players

    Wilson joins Sidley Austin in Singapore as partner

    May 21, 2015

    Charlie Wilson will be joining Sidley Austin LLP in Singapore as a partner in the firm’s M&A and Private Equity practices.

    Business Solutions

    Kinder Morgan responds on declined application for Palmetto Pipeline

    May 21, 2015 Kinder Morgan Inc. has received notification that the Georgia Department of Transportation declined its application for a Certificate of Public Convenience and Necessity associated with the propose...
    Upstream

    Sabine enters into forbearance agreement to second lien term loan facility

    May 22, 2015 Sabine Oil & Gas Corp. has entered into a forbearance agreement with the lenders under its se...
    Unconventional

    Sabine enters into forbearance agreement to second lien term loan facility

    May 22, 2015 Sabine Oil & Gas Corp. has entered into a forbearance agreement with the lenders under its second lien term loan facility. The forbearance agreement will provide the company with additiona...
    Midstream

    Kinder Morgan responds on declined application for Palmetto Pipeline

    May 21, 2015 Kinder Morgan Inc. has received notification that the Georgia Department of Transportation declin...
    Capital

    Sabine enters into forbearance agreement to second lien term loan facility

    May 22, 2015 Sabine Oil & Gas Corp. has entered into a forbearance agreement with the lenders under its se...
    Analysis

    GlobalData: Core Bakken assets remain economical despite low oil prices

    May 21, 2015 While the 12 counties with Bakken production between North Dakota and Montana have lost the major...
    Mergers & Acquisitions

    Vanguard to acquire Eagle Rock Energy Partners for $614 million

    May 22, 2015 Vanguard Natural Resources LLC and Eagle Rock Energy Partners LP have entered into an agreement a...

    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

    May 2015
    Volume 12, Issue 5

    Most Read

    Oil & Gas Jobs

    Search More Job Listings >>