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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

    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...