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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

    RH Petrogas development plan for Fuyu 1 Block is approved

    October 17, 2014 Singapore-listed RH Petrogas Ltd. says that its development plan for a phased development of the Yongping oil field in the Fuyu 1 Block has received approval from the National Development and Refor...

    BOEM set to offer 44M offshore GOM acres

    October 17, 2014 US Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank announced Oct. 16 that the bureau will offer nearly 44 million acres offshore Louisiana, Mississippi, and Alabama for ...

    Tall Oak subsidiary secures $100 million credit facility

    October 17, 2014

    Tall Oak Midstream LLC reports that its subsidiary, TOMPC LLC, has secured a $100 million senior credit facility that can be expanded to $150 million.

    Kosmos appoints Chambers as CFO

    October 17, 2014

    Kosmos Energy Ltd. reports that Thomas P. Chambers will join the company as senior vice president and CFO, effective Nov.  5.

    Antero increases borrowing base to $4B

    October 17, 2014 Antero Resources Corp. reports that the borrowing base under its bank credit facility has been increased to $4 billion. This represents a $1 billion increase over Antero's previous borrowing b...

    Southwestern Energy acquires Marcellus and Utica assets

    October 17, 2014 Southwestern Energy Co. has signed a purchase and sale agreement with Chesapeake Energy Corp. to acquire certain oil and gas assets covering  413,000 net acres in West Virginia and southw...

    TGP closes open season for transportation capacity to Mexico

    October 16, 2014 Kinder Morgan Energy Partners LP reports that KMP’s Tennessee Gas Pipeline Co. successfully closed a binding open season for its South System Flexibility Project for 500,000 dekatherms per day of c...

    Tall Oak subsidiary secures $100 million credit facility

    Oct 17, 2014 Tall Oak Midstream LLC reports that its subsidiary, TOMPC LLC, has secured a $100 million senior ...

    Southwestern Energy acquires Marcellus and Utica assets

    Oct 17, 2014 Southwestern Energy Co. has signed a purchase and sale agreement with Chesapeake Energy Corp...

    EV Energy Partners closes Eagle Ford formation rights divestiture

    Oct 16, 2014 EV Energy Partners LP reports that the company, along with certain institutional partnerships man...

    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...

    Endeavour files for Chapter 11 protection

    Oct 13, 2014 Houston, TX-based Endeavour International Corp.and certain of its subsidiaries have each filed fo...
    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

    Kosmos appoints Chambers as CFO

    October 17, 2014

    Kosmos Energy Ltd. reports that Thomas P. Chambers will join the company as senior vice president and CFO, effective Nov.  5.

    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

    Tall Oak subsidiary secures $100 million credit facility

    October 17, 2014 Tall Oak Midstream LLC reports that its subsidiary, TOMPC LLC, has secured a $100 million senior ...
    Unconventional

    Tall Oak subsidiary secures $100 million credit facility

    October 17, 2014

    Tall Oak Midstream LLC reports that its subsidiary, TOMPC LLC, has secured a $100 million senior credit facility that can be expanded to $150 million.

    Midstream

    Tall Oak subsidiary secures $100 million credit facility

    October 17, 2014 Tall Oak Midstream LLC reports that its subsidiary, TOMPC LLC, has secured a $100 million senior ...
    Capital

    Tall Oak subsidiary secures $100 million credit facility

    October 17, 2014 Tall Oak Midstream LLC reports that its subsidiary, TOMPC LLC, has secured a $100 million senior ...
    Analysis

    Saudi assets lead world’s upstream developments for recoverable oil reserves

    October 16, 2014 The Khurais and Manifa projects in Saudi Arabia have the most recoverable reserves among the worl...
    Mergers & Acquisitions

    RH Petrogas development plan for Fuyu 1 Block is approved

    October 17, 2014 Singapore-listed RH Petrogas Ltd. says that its development plan for a phased development of the ...

    Current Issue

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

    Kirk Morgan
    Partner, Bracewell & Giuliani

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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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