OIL MARKETS

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SECTIONS: OGJ 150 | OGFJ 100P
COMPANIES | OIL MARKET WATCH

 

XTO Energy Inc.

Latest XTO Energy News

Fayetteville inventory update

The Fayetteville shale is located on the Arkansas side of the Arkoma Basin and cuts a swath through the north-central part of the state east to the Mississippi River.

BNK Petroleum sells Woodford assets to accelerate Caney formation drilling

BNK Petroleum Inc. has entered into a Purchase and Sale Agreement with XTO Energy Inc. for the sale by BNK US of its Tishomingo Field, Oklahoma assets other than the Caney and upper Sycamore formations, for US$147.5 million.

Gravis Oil proposes merger with Petro River Oil

Gravis Oil Corp. has entered into a non-binding letter of intent with Petro River Oil LLC, a privately held Delaware limited liability company that would result in Gravis acquiring Petro for common stock, the name of Gravis changed and the company redomiciled to Delaware. 

Deal activity driven by strategic and strong buyers

Domestically, deal activity and valuations remain at healthy levels as buyers continue to execute on their strategic game plans and sellers adjust their portfolios toward optimal levels.

Energy Transfer Partners enters Woodford, Barnett Shale midstream agreement with XTO

Energy Transfer Partners LP announced October 20 that it has entered into a long-term, fee-based agreement with XTO Energy to provide natural gas gathering, processing and transportation services from both the Woodford and Barnett Shale regions.

Weekly Update: ExxonMobil ups the stake in its US natural gas bet

ExxonMobil increases Marcellus Shale holdings by acquiring private cos

ExxonMobil has added to its Marcellus Shale acreage with the purchase of two privately held oil and gas operators, Phillips Resources Inc. and TWP Inc., for roughly $1.69 billion.

Experts forecast 'strong period' for energy deal-making activity

Many analysts, advisors, and M&A market participants see 2011 as a strong period for energy industry deal-making activity. OGFJ's Don Stowers explains.

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

WestSide prepares for Meridian gas field expansion

WestSide Corp. Ltd. reports that, as operator of the Meridian gas fields near Moura in Queensland’s southern Bowen Basin in Australia,  the first phase of the field’s expansion is on track to start within a month, when drilling begins on the ...

Shell reports Malaysia deepwater gas discovery

Shell has announced an exploration discovery offshore Malaysia. The successful Rosmari-1 well is located 135 kilometers offshore in Block SK318, and was drilled to a total depth of 2,123 meters.

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.