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Aera Energy LLC

California oil and gas producer with operating properties extending from the LA Basin in the south to the Sacramento Delta in the north.  Formed in June 1997 and jointly owned by affiliates of Shell and ExxonMobil.

Latest Aera Energy News

Part II: Oil and gas company valuation, reserves, and production

The value of an oil and gas company value is determined by its reserves, level of production, earnings, growth potential, production cost, commodity price at the time of the assessment, and a number of secondary factors.

California-based Aera Energy ranks first among largest US private oil producers

According to the IPAA, about 90% of US oil and gas production comes from independent operators.

OGFJ100P company update

John S. Herold Inc., the trusted independent research firm, has once again provided OGFJ with updated production data for our periodic ranking of US-based private E&P companies. These rankings are based on operated production only within the United States.

OGFJ100P Company Update

John S. Herold Inc., the trusted independent research firm, has once again provided OGFJ with updated production data for our periodic ranking of US-based private E&P companies.

California’s Aera Energy again No. 1 among private producers in OGFJ100P

Aera Energy LLC again holds a commanding lead as the No. 1-ranked company in total production for 2005.

Orchard Petroleum signs final two deals with Aera

Orchard Petroleum Limited and Orchard Petroleum Inc. (OP Inc.) a wholly-owned subsidiary of Orchard, have signed two new project agreements with Aera Energy LLC.

Merit Energy No. 1 in gas production, Aera Energy leads OGFJ100P in liquids

In the July issue of Oil & Gas Financial Journal, we gave you the first-ever rankings of the top 122 privately-held US-based E&P companies in total production (barrels of oil equivalent, or boe) for 2004.

California's Aera Energy is No. 1 among private producers in inaugural OGFJ100P

Information is readily available about public companies because they are highly regulated and public disclosure is a requirement, but private companies tend to keep their business confidential and out of the public domain.

LATEST OIL & GAS PEOPLE RELATED NEWS

Dakota Plains appoints DeRosa to board of directors

Jul 23, 2014 Dakota Plains Holdings Inc. has expanded its board of directors from six to seven directors, and William DeRosa, of Lone Star Value Management LLC,...

Jones Energy appoints Voyles to board of directors

Jul 22, 2014 Jones Energy Inc. has appointed Robb L. Voyles to serve as a director of the company, effective July 21. Voyles will serve as an independent direct...

IDE appoints Terry as CEO

Jul 22, 2014 Integrated Drilling Equipment Holdings Corp. has appointed Jim Terry as CEO. Terry replaces the former CEO, Stephen Cope, who resigned in April of ...

Layne Christensen appoints Atchison as interim CFO

Jul 21, 2014 Layne Christensen Co. has named Andrew Atchison as interim CFO, effective Aug. 1. Atchison will succeed James R. Easter, who has resigned from Layn...

Halliburton promotes Miller to president

Jul 21, 2014 Halliburton has promoted Jeff Miller, currently the company’s executive vice president and COO, to president and has also appointed him to the Hall...

OGJ150

Gulfport Energy names Gaydosik CFO

Jul 10, 2014 Gulfport Energy Corp. has appointed Aaron Gaydosik to serve as CFO. Most recently, Gaydosik served as vice president of finance at Kodiak Oil &...

Revenue, net income show small increases in 4Q2012

May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

Helix completes sale of oil and gas business

Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

Revenue, net income drop sharply in 3Q12

Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

WPX Energy makes natural gas discovery in Niobrara formation

Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...

OGFJ100P

Vantage Energy files for $400M IPO

Jul 8, 2014

Vantage Energy Inc., a privately-held oil and gas company, plans to raise approximately $400 million in an IPO. 

Rock Oil increases capital commitment, adds to management

Jun 10, 2014 Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named ...

AEPB acquires Permian leasehold for $2.5B

Jun 9, 2014 American Energy – Permian Basin LLC, an affiliate of American Energy Partners LP, has signed an agreement to acquire approximately 63,000 net acres...

FourPoint raises $1B in capital, partners with EnerVest in Anadarko Basin

Jan 31, 2014 FourPoint Energy LLC has acquired certain producing and undeveloped oil and gas properties and related midstream assets in the Western Anadarko Bas...

OGFJ100P company update

Jul 11, 2013 Independent research firm IHS Herold Inc. has provided OGFJ with updated production data for our periodic ranking of US-based private E&P compa...

Oil & Gas Companies

Roxi Petroleum makes discovery at BNG Contract Area in Kazakhstan

Roxi Petroleum plc, a Central Asian oil and gas company with a focus on Kazakhstan, reports a discovery at its flagship BNG asset in the pre-Caspian basin in Western Kazakhstan.

ERHC Energy provides operations update

ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, today issued an update on the company's progress.


Hibiscus ups stakes in Gippsland Basin

Malaysia's Hibiscus Petroleum Berhad group has signed a series of binding agreements with its Australian partner, 3D Oil Ltd., to increase its effective stake in both the VIC/L31 production license in Australia's Gippsland Basin which contains the...

Repsol makes oil discovery in Trinidad and Tobago

Repsol has made a new hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago, in the TSP block east of the island of Trinidad.

Pemex to invest $6B in Cantarell production

Pemex plans to launch a $6 billion investment in 2017 to maintain current levels of production at its Cantarell field over the next decade, Reuters reports.

KrisEnergy approves Wassana oil development

KrisEnergy Ltd., an independent upstream oil and gas company, has approved the final investment decision for the development of the Wassana oil field in the Gulf of Thailand G10/48 license, where production is anticipated to begin in the second ha...

Sonatrach grants Eni three prospection permits in Algeria

Eni has been granted three prospection permits by Sonatrach, the Algerian state company. The permits authorize Eni, as operator, and Sonatrach to carry out prospection activities in the basins of Timimoun and Oued Mya, in onshore southern Algeria.

Top 10 Year-to-Date Production ranked by BOE
(as published in April 2014)

Rank
Company
BOE
1 Samson Investment Co. 40,992,740
2 Merit Energy Co.
39,027,029
3 Hilcorp Energy Co.
37,281,095
4 GeoSouthern Energy Corp.
31,782,152
5 Mewbourne Oil Co.
20,191,393
6 LLOG Exploration Co. 19,407,249
7 Yates Petroleum Corp. 18,136,036
8 Chief Oil & Gas LLC
16,690,314
9 Endeavor Energy Resources 15,029,008
10 Sheridan Production Co. LLC 14,424,066

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