•  
  •  
  •  
  •  
  •  
  • Tall Oak forms Tall Oak Midstream II

    Tall Oak Midstream LLC’s founders have formed Tall Oak Midstream II LLC with an initial equity commitment of up to $300 million from private equity firm EnCap Flatrock Midstream and Tall Oak management.


    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.


    1/5
    Previous Slide Play Slide Pause Slide Next Slide

    Commodity Indices

    Market Indices

    Latest Oil & Gas Industry News

    Moody’s: Proppant companies’ earnings will take hit as low O&G prices pressure drillers

    April 24, 2015 Proppant companies will continue to see profit margins narrow as low oil and natural gas prices keep pressure on drilling firms, according to a new report from Moody’s Investors Service. ...

    Magellan Midstream elects additional board member

    April 24, 2015

    Magellan Midstream Partners LP has appointed Stacy P. Methvin to the partnership's board of directors as an independent director at its annual meeting of limited partners held April 23.

    SandRidge appoints Suter as SVP of production

    April 24, 2015

    SandRidge Energy Inc. has appointed John Suter as senior vice president of production, effective April 27.

    BP to sell CATS stake to Antin Infrastructure Partners

    April 24, 2015 BP has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently the op...

    Hammond joins Babst Calland’s energy and business services practices

    April 24, 2015

    The law firm of Babst Calland has added corporate attorney Jay Hammond as a shareholder in the firm’s Energy and Natural Resources Group and Business Services Group.

    Rig hands in the Eagle Ford

    OGFJ Photo of the Day

    Tall Oak forms Tall Oak Midstream II, updates on financing and operations

    April 23, 2015 Tall Oak Midstream LLC’s founders have formed Tall Oak Midstream II LLC with an initial equity commitment of up to $300 million from private equity firm EnCap Flatrock Midstream and Tall Oak manage...

    OGFJ photo of the day


    Click to view slideshow

    More News & Updates

    SandRidge appoints Suter as SVP of production

    Apr 24, 2015 SandRidge Energy Inc. has appointed John Suter as senior vice president of production, effective ...

    Hammond joins Babst Calland’s energy and business services practices

    Apr 24, 2015 The law firm of Babst Calland has added corporate attorney Jay Hammond as a shareholder in the fi...

    Rig Count

    Area Count Change
    US 932 22
    Canada 79
    1
    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

    Magellan Midstream elects additional board member

    April 24, 2015

    Magellan Midstream Partners LP has appointed Stacy P. Methvin to the partnership's board of directors as an independent director at its annual meeting of limited partners held April 23.

    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

    SandRidge appoints Suter as SVP of production

    April 24, 2015 SandRidge Energy Inc. has appointed John Suter as senior vice president of production, effective ...
    Unconventional

    SandRidge appoints Suter as SVP of production

    April 24, 2015

    SandRidge Energy Inc. has appointed John Suter as senior vice president of production, effective April 27.

    Midstream

    Magellan Midstream elects additional board member

    April 24, 2015 Magellan Midstream Partners LP has appointed Stacy P. Methvin to the partnership's board of direc...
    Capital

    Tall Oak forms Tall Oak Midstream II, updates on financing and operations

    April 23, 2015 Tall Oak Midstream LLC’s founders have formed Tall Oak Midstream II LLC with an initial equity co...
    Analysis

    Moody’s: Proppant companies’ earnings will take hit as low O&G prices pressure drillers

    April 24, 2015 Proppant companies will continue to see profit margins narrow as low oil and natural gas prices k...
    Mergers & Acquisitions

    BP to sell CATS stake to Antin Infrastructure Partners

    April 24, 2015 BP has agreed to sell its equity in the Central Area Transmission System (CATS) business in the U...

    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 >>