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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

    Cameron

    (CAM)

    Cameron International Corporation provides flow equipment products, systems, and services worldwide. Its Drilling & Production Systems segment offers systems and equipment to control pressures and direct flows of oil and gas wells; and designs and manufactures structural components for land and offshore drilling rigs.

    News, Products and Stock Info

    OneSubsea awarded contract for PEMEX deepwater development

    10/14/2014 OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project offshore Mexico. This is the fi...

    Pipeline would transport Bolivian gas to Argentina's northeast

    12/13/2010 Argentina has approved plans for a pipeline to transport natural gas from Bolivia to Argentina’s northeast, which will reduce that region’s reliance on fuel oil, diesel, and LPG, accord...

    Cheniere signs MOU with Morgan Stanley

    11/10/2010 Cheniere Energy Partners LP said Nov. 8 that its subsidiary, Sabine Pass Liquefaction LLC has entered into a non-binding memorandum of understanding (MOU) with Morgan Stanley Capital Group Inc. in ...

    GoM accident: assigning blame and liability

    05/06/2010 In recent days, Citigroup Global Markets has provided some of the more lucid explanations with respect to the financial and legal implications of the April 20 Deepwater Horizon accident in the Gulf...

    Who will be held responsible for Deepwater Horizon?

    05/04/2010 Financial giant Morgan Stanley has released a comprehensive, although very preliminary, report on the financial implications of the Deepwater Horizon incident in the Gulf of Mexico and its potentia...

    Provident to separate upstream, midstream businesses; names new CEO

    04/20/2010

    Calgary, Alberta-based Provident Energy Trust has plans to separate its upstream and midstream business segements and will move forward with a new CEO. 

    Crimson Exploration exits Louisiana, eyes Texas drilling

    01/25/2010 After a strategic sale of certain southwest Louisiana assets, Crimson Exploration Inc. has set its sights on its Texas assets, including the red-hot Haynesville Shale, and signed drilling contracts...

    Profound Energy welcomes board members, new CEO

    07/06/2009 Calgary, Alberta-based junior oil and natural gas company Profound Energy Inc. has recently undergone management changes. Messrs. George Chow, William T. Davis, Nicholas R. Wemyss, Keith Macdonald,...

    Nexen names Reinhart new CFO

    10/23/2008 Nexen Inc. has appointed Kevin Reinhart as senior vice president and CFO effective January 1, 2009. He will succeed Marvin Romanow, who will become president and CEO, following the retirement of Ch...

    Energy sector attracts investors despite credit crunch

    04/01/2008 Subprime slide, economic slowdown can’t deter investments in energy

    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

    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 ...

    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...

    Oil & Gas Companies

    ZaZa Energy updates on East Texas Lower Cretaceous operations

    ZaZa Energy Corp. has provided information on 30-day production results from its East Texas Colburn #3H horizontal well in Walker County, Texas, and the proposal of two new Buda-Rose vertical wells in its vicinity. 

    Ensco to cut onshore personnel by 15%

    On Feb. 17, Ensco plc began a workforce-reduction process, designed to reduce its onshore workforce by 15%, according to the Houston Business Journal.

    Statoil, partners submit development plan for Johan Sverdrup

    Statoil and its partners have submitted the plan for development and operation for Johan Sverdrup, Phase 1, to the Norwegian Ministry of Petroleum and Energy.

    Statoil, partners complete two-well program in Krafla area of North Sea

    Operator Statoil has, together with its PL035 partners, completed a two-well program in the Krafla area in the North Sea. The Krafla area is located 25 kilometers southwest of Oseberg South in the North Sea.

    Inpex begins production from Nasr field offshore Abu Dhabi

    Inpex Corp., through its wholly owned subsidiary, Japan Oil Development Co. Ltd. (JODCO), has begun oil production from the Nasr oil field offshore Abu Dhabi, UAE.

    Petrobras finds oil at Basilisco well in Campos Basin

    Petroleo Brasileiro SA (Petrobras) has discovered new oil accumulations in concession BM-C-35 (exploratory block C-M-535), located in the Campos Basin post-salt layer offshore Brazil.

    Petrobras discovers more oil in Sergipe Basin offshore Brazil

    Petroleo Brasileiro SA (Petrobras) has confirmed the extension of its recent light oil and gas discovery by drilling the third extension well in the ultra-deepwater Farfan area of the Sergipe Basin offshore Brazil.