OIL MARKETS

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SECTIONS: OGJ 150 | OGFJ 100P
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Chevron Corporation

Latest Chevron Corporation News

Chevron, YPF continue development of Vaca Muerta shale in Argentina

Chevron Corp. confirms that subsidiaries of the company have signed agreements with the Argentine oil company YPF SA to continue development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province in Argentina.

Deepwater spend forecast to surge from 2016

Deepwater capital expenditure (Capex) is expected to increase by 130%, compared to the preceding five-year period, totaling $260 billion from 2014 to 2018. Africa and the Americas continue to dominate deepwater Capex, with $213 billion set to be spent.

PGNiG and Chevron to explore for Polish shale gas together

On March 31, Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) and Chevron Polska Energy Resources signed a collaboration agreement for shale gas exploration in southeastern Poland.

Chevron acquires shallow water acreage offshore Myanmar

Unocal Myanmar Offshore Co. Ltd., the Myanmar subsidiary of Chevron Corp. has been granted exploration rights in a block located offshore Myanmar, in the Rakhine basin.

Beach Energy provides update on unconventional exploration

Beach Energy Ltd. has provided an update on the unconventional exploration program in the Nappamerri Trough Natural Gas project in PEL 218 and ATP 855, and the South Australian Cooper Basin joint venture.

 

Chevron awards UK contract to Dolphin Drilling

Dolphin Drilling Ltd., a subsidiary of Fred. Olsen Energy ASA, has contracted the semisubmersible Blackford Dolphin for a minimum period of 572 days with Chevron North Sea Ltd. for work in the UK sector of the North Sea.

Huntsman elected to Chevron board of directors

Jon M. Huntsman Jr. has been elected to Chevron Corp.’s board of directors, effective Jan. 15, 2014, and will serve on the company’s Board Nominating and Governance Committee and Public Policy Committee.

Chevron confirms first oil production from Papa-Terra offshore Brazil

The Brazilian subsidiary of Chevron Corp., along with Petrobras, have started crude oil production from Papa-Terra's floating production, storage and offloading vessel (FPSO) offshore Brazil.

OGJ 150

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 ...

Helix to divest oil and gas subsidiary to grow well intervention business

Dec 13, 2012 International offshore energy company Helix Energy Solutions Group Inc. has agreed to sell its oil and gas subsidiary to privately-held upstream oi...

OGFJ 100P

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...

Maverick Brothers Energy gets $35M in equity capital from Post Oak Energy

Apr 8, 2013 Post Oak Energy Capital LP, through investment partnerships it manages, has commitment of $35 million in equity capital to privately held explorati...

Midstates Petroleum to acquire Anadarko Basin assets from Panther Energy

Apr 4, 2013

OGFJ100P company update

Jan 1, 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

Cunningham Energy plans ‘Dragon’s Breath’ horizontal well program

Cunningham Energy LLC is planning three additional new shallow horizontal oil wells to be drilled in Clay County, West Virginia, from the “Dragon’s Breath” pad, with specified measured depths ranging from 4,750 feet to 5,200 feet.

L&L Energy to voluntarily delist from NASDAQ

L&L Energy Inc., a US-based company with energy (coal) operations in China, has notified NASDAQ Stock Market LLC of its intention to voluntarily delist its common stock (LLEN) from the NASDAQ.

Weatherford to move headquarters to Ireland

Weatherford International Ltd. has made plans to move its corporate headquarters from Switzerland to Ireland, after the Swiss government handed investors authority to rein in top-level executive pay.

Cantex Energy announces new president, headquarters

Cantex Energy Corp. reports that its board of directors has hired Paul Henley as CEO and president. Additionally, the company’s corporate headquarters will be moved to Dallas, Texas.

Weatherford to cut back Venezuela operations

This year, Weatherford International Ltd. plans to reduce its operations in Venezuela, while expanding its operations in Russia, according to Reuters.

Oil Basins receives grant for Derby Block

The Western Australian Department of Mines and Petroleum has confirmed to Oil Basins Ltd. that the grant of the Derby Block (formerly 5/07-EP), as Permit EP 487, has been made for a period of six years.

Petronas and Shell find oil in Limbayong field offshore Sabah

Malaysia's national oil and gas company Petroliam Nasional Berhad (Petronas) and Royal Dutch Shell plc have made an oil discovery offshore Sabah, Malaysia.