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  • OIL MARKETS

    Welcome to the Oil and Gas Financial Journal's Oil Markets Page containing news reported with the Oil & Gas Financial Industry perspective.

    SECTIONS: OGJ150 | OGFJ100P
    COMPANIES | OIL MARKET WATCH

    Apache Corporation

    (APA)

    Apache Corporation is one of the world's top independent oil and gas exploration and production companies. Apache has become a large multinational company, with regional offices and operations in the United States, Argentina, Australia, Canada, Egypt and UK North Sea.

    News, Products and Stock Info

    Woodside completes Kitimat LNG acquisition for $854M

    04/10/2015 Woodside Petroleum Ltd. has entered into a binding transaction with Apache Corp. to acquire Apache’s Australian Wheatstone LNG and Balnaves oil interests and Kitimat LNG project interests in Canada...

    Australia struggling to commercialize unconventional resources

    12/10/2014 Following disappointing results from recent exploration and production activities, Australia needs, now more than ever, a liquids-rich play to begin widespread and commercial unconventional develop...

    Apache appoints Nelson to board of directors

    02/10/2014

    Apache Corp. (NYSE, Nasdaq: APA) has appointed Amy H. Nelson to its board of directors.

    Apache Corp. reports on tender offers

    12/10/2013 Apache Corp. reports that, pursuant to its previously announced $850 million cash tender offer, approximately $2.7 billion in aggregate principal amount of notes subject to the tender offer was val...

    Apache completes Egypt partnership with Sinopec

    11/15/2013 Apache Corp. has completed its previously disclosed sale of a one-third minority participation in its Egypt oil and gas business to Sinopec International Petroleum Exploration and Pr...

    Apache makes executive organizational changes

    09/23/2013

    Riverstone-backed Fieldwood Energy buys Apache's GoM Shelf business

    09/18/2013

    PLS reports that, from July 17 to August 16, the pace of US deals continues to pick up, tallying 38 deals for $5.1 billion (vs. 30 deals for $4.6 billion the prior month).

    Former Apache counsel Marietta joins King & Spalding

    08/28/2013

    King & Spalding recruited energy lawyer M. Kathryn Marietta to its global transactions practice as a partner in its Houston office.

    Apache reports on North Sea horizontal well

    08/06/2013 Apache Corp. reports that the third well in the Bacchus Field in the UK sector of the North Sea has pushed field production past 17,600 barrels of oil per day. Apache has a 50 percent interest in t...

    Apache reports discoveries across Egypt's Western Desert

    08/06/2013

    Apache Corp. has reported seven oil and gas discoveries that highlight the geologic and geographic diversity across the company's 9.7 million gross acres in Egypt's Western Desert.

    Apache Corporation Website

    http://www.apachecorp.com/

    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

    Private company update

    Jul 8, 2015 Independent research firm IHS has provided OGFJ with updated production data for the OGFJ100P periodic ranking of US-based private E&P companie...

    Private company update

    Apr 10, 2015 Independent research firm IHS has provided OGFJ with updated production data for our OGFJ100P periodic ranking of US-based private E&P companie...

    LLOG makes deepwater Gulf of Mexico discovery

    Oct 23, 2014 Covington, LA-based LLOG Exploration and its partner, Ridgewood Energy, drilled a successful exploration test at the Mississippi Canyon 79 “Otis” p...

    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 ...

    Oil & Gas Companies

    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.   &nb...

    LINN plans to close Denver office, eliminate positions

    LINN Energy plans to eliminate 55 positions in Denver, Colorado, and close its office there, according to Fuel Fix, which reported that LINN stated its intentions in a letter to the Colorado Department of Labor and Employment.

    Petrobras discovers oil and gas in Amazon and Espírito Santos basins

    Petróleo Brasileiro SA (Petrobras) has confirmed the discoveries of oil and gas accumulations in Brazil’s Amazon and Espírito Santos basins.

    Gunvor Group to withdraw petition for PA Resources bankruptcy

    Gunvor Group has informed the company that it intends to withdraw its petition for bankruptcy in PA Resources AB.

    Statoil makes second gas discovery in Aasta Hansteen area

    Operator Statoil has, together with PL602 partners, made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in 2015.

    IFR forms subsidiary for Mexico oil and gas initiative

    International Frontier Resources Corp. has formed a Mexican subsidiary, Petro Frontera SAPI de CV, that will allow for the study of, and bidding on, assets in Mexico's initial oil and gas Energy Reform bid round in 2015; the acquisition and partic...

    Calvalley to liquidate due to crisis in Yemen

    Calvalley Petroleum Inc.’s board of directors has decided to restructure and liquidate the company. Subsequently, Calvalley will enter into an arrangement agreement with Calvalley Energy Ltd. (CVE), a wholly owned subsidiary of Calvalley organized...

    Top 10 year-to-date production ranked by BOE
    (as published in April 2015)

    Rank
    Company
    BOE
    1 Hilcorp Energy Co.
    43,901,488
    2 Samson Investment Co.
    40,451,451
    3 Chief Oil & Gas LLC
    32,891,135
    4 Merit Energy Co.
    26,665,817
    5 LLOG Exploration Co.
    25,683,087
    6 Mewbourne Oil Co. 25,343,595
    7 Yates Petroleum Corp.
    18,478,610
    8 Endeavor Energy Resources
    15,390,132
    9 Citation Oil & Gas Corp.
    13,920,129
    10 Sheridan Production Co. LLC 13,633,239

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