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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

    Halliburton

    (HAL)

    Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation.

    News, Products and Stock Info

    Analysts: Halliburton, Baker Hughes deal would bring heavy review

    11/14/2014 Baker Hughes confirmed preliminary discussions with Halliburton regarding a potential business combination transaction. Thus far, analysts say the deal could happen in some form, but that any deal ...

    Halliburton, Baker Hughes mull merger

    11/13/2014 Talks of a merger between two well-known oilfield services companies, Halliburton and Baker Hughes, is in the works, The Wall Street Journal is reporting citing “people familiar with the matter.”

    Landmark acquires Neftex

    07/31/2014 Landmark Software and Services, a Halliburton business line, has acquired Neftex Petroleum Consultants Limited, a UK-based company specializing in sequence stratigraphy-based products and consultin...

    Halliburton introduces Drilling Engineering Solutions Service

    03/10/2014 Halliburton has launched its Drilling Engineering Solutionssm (DES) service. DES provides fully integrated, custom-engineered solutions that, according to the company, optimize well design and plac...

    Halliburton signs unconventional resource development partnership with Russian university

    02/06/2014 Halliburton (NYSE: HAL) has signed a partnership agreement with Gubkin Russian State University of Oil and Gas for the development of unconventional resources in Russia, including the Bazhenov shale.

    Ex-Halliburton manager pleads guilty to destroying Deepwater Horizon evidence

    10/18/2013

    A former Halliburton manager has plead guilty in US District Court to destroying evidence in the aftermath of the 2010 Deepwater Horizon disaster in the Gulf of Mexico.

    Post Oak and GSAM commit $100M to PetroEdge Energy III

    08/14/2013 Post Oak Energy Capital and funds managed by Goldman Sachs Asset Management (GSAM) have a $100 million capital commitment to PetroEdge Energy III LLC. PetroEdge’s management team will be co-investi...

    Halliburton resolves DoJ’s Deepwater Horizon investigation

    07/27/2013 Halliburton has reached an agreement with the US Department of Justice to conclude the department’s criminal investigation of the company in relation to the April 20, 2010, incident involving the M...

    PetroEdge Energy gets $100M private equity commitment

    07/23/2013

    Post Oak Energy Capital and funds managed by Goldman Sachs Asset Management (GSAM) have made a $100 million capital commitment to PetroEdge Energy III LLC.

    Pemex Chicontepec bid round garners limited response

    07/12/2013 Petroleos Mexicanos, or Pemex, drew only a limited response in terms of bids on a new round of production contract in the Chicontepec onshore fields near the Gulf of Mexico, underscoring the need f...

    Halliburton Website

    http://www.halliburton.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

    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

    Faroe, Lundin, and Cairn awarded exploration licenses in Norway

    Faroe Petroleum plc, Lundin Petroleum AB, and Cairn Energy have been awarded exploration licenses under the 2014 Norwegian APA (Awards in Pre-defined Areas) License Round.

    Óleo e Gás Participações loses two executives, reduces workforce 40%

    Brazilian oil and natural gas company Óleo e Gás Participações SA has advised its shareholders that Reinaldo José Belotti Vargas, production director, has resigned, and that Gilberto Carvalho Lima, exploration director, has been dismissed from the...

    Talisman Sinopec Energy UK plans to eliminate 300 jobs

    Talisman Sinopec Energy UK plans to eliminate 300 jobs due to plummeting oil prices and rising operating costs, according to Reuters.

    Pemex to save US$1.45B in four years by streamlining practices

    Over the next four years, Pemex expects to achieve efficiency savings of more than 21 billion pesos in the area of procurement and supply. Of these savings, 35% corresponded to 2014. The other 65% will be achieved from 2015 to 2018.

    Det norske reports production startup in Bøyla field

    Det norske oljeselskap ASA and partners of the PL 340 license have begun production in the Bøyla field. With that, Bøyla is the fourth field in production in the Alvheim area.

    Production starts up at Lucius oil field in Gulf of Mexico

    Eni reports that production has started up from the Lucius field in the Gulf of Mexico approximately 240 miles south of Louisiana.

    Inpex sees first oil from Lucius field in Gulf of Mexico

    Inpex Corp. reported first production on Jan. 16 at the Lucius oil field, which includes portions of Keathley Canyon blocks 874, 875, 918, and 919 in the US Gulf of Mexico. Inpex is involved in the project through subsidiary Teikoku Oil (North Ame...