•  
  •  
  •  
  •  
  •  
  • UPSTREAM

    SECTIONS: INTERNATIONAL | NORTH AMERICA

     

    LATEST UPSTREAM NEWS

    Juneau Energy gains acreage in East Texas Eagle Ford shale

    Sep 19, 2014

    Juneau Energy LLC, a subsidiary of Leucadia National Corp., reports the acquisition of oil and gas leases in the emerging East Texas Eagle Ford shale play, consisting of approximately 10,264 net acres primarily in Brazos and Burleson counties. The acquisition closed on Sept. 17.

    ExxonMobil increases Wolfcamp position in Permian Basin

    Sep 19, 2014

    Exxon Mobil Corp. has entered into a non-monetary exchange agreement with LINN Energy LLC to add 17,800 net acres in the Permian Basin to its US oil and natural gas portfolio managed by subsidiary XTO Energy Inc.

    Basic acquires Pioneer Fishing and Rental

    Sep 19, 2014

    Basic Energy Services Inc. has completed the acquisition of substantially all of the assets of Pioneer Fishing and Rental (PFR), a division of Pioneer Energy Services, for a total cash consideration of $16 million.

    Buckeye Partners closes acquisition of 80% interest in Buckeye Texas Partners

    Sep 18, 2014

    Buckeye Partners LP has completed its $860 million purchase of an 80% interest in Buckeye Texas Partners LLC.

    CONE Midstream Partners launches IPO

    Sep 18, 2014

    CONE Midstream Partners LP, a Delaware limited partnership formed by CONSOL Energy Inc. and Noble Energy Inc., has launched its initial public offering of 17,500,000 common units representing limited partner interests. 

    RSP Permian launches $450M placement of senior unsecured notes

    Sep 18, 2014

    RSP Permian Inc. intends to offer $450 million aggregate principal amount of senior unsecured notes due 2022 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended. 

     

    Genie signs agreement for additional shale exploration in Mongolia

    Sep 17, 2014

    Genie Energy Ltd. says that its subsidiary, Genie Oil Shale Mongolia LLC, has signed a prospecting agreement with the Petroleum Authority of Mongolia.

    Vitesse Energy acquires acreage in Williston Basin

    Sep 17, 2014

    Vitesse Energy LLC, a subsidiary of Leucadia National Corp., reports the acquisition of non-operated oil and gas assets in the Williston Basin from EnerVest Operating LLC.

    Bill Barrett signs $757M divestiture deal

    Sep 17, 2014

    In what one analyst called a game-changing event, Bill Barrett Corp. has signed agreements for $757 million in divestitures that comprised of a combination of cash, added Niobrara properties, and reduced liabilities, setting the company up as a majority oil-weighted company poised to focus its efforts on its DJ Basin assets.

    Blueknight Energy Partners begins public offering of common units

    Sep 17, 2014

    Blueknight Energy Partners LP has begun an underwritten public offering of 8,500,000 common units representing limited partner interests of the Partnership.  

    Commodity Indices

    Market Indices

    INTERNATIONAL UPSTREAM

    Carnarvon to explore two permits in Barrow sub-basin

    Jun 5, 2014

    Carnarvon Petroleum Ltd. has been awarded two contiguous blocks on the eastern flank of the prolific oil producing Barrow sub-basin: Petroleum Exploration Permit EP-490 (bid block L11-6) and TP/27 (bid block T11-3) offshore Western Australia. Carnarvon is the operator and 100% working interest holder in these blocks, which cover a total area of 675 square miles (1,750 square kilometers).

    Report predicts surge in world subsea expenditure

    Jun 5, 2014

    Global subsea hardware capex could total $117 billion between 2014 and 2018, according to Douglas-Westwood’s latest market forecast.

    Hitachi Solutions Canada to unveil JV solution for oil and gas industry

    Jun 4, 2014

    Hitachi Solutions Canada, a global provider of industry solutions based on Microsoft Dynamics AX, will be launching an oil and gas joint venture solution using Microsoft Dynamics AX 2012.

    Primoris wins underground contract work valued at over $10 M

    Jun 2, 2014

    Primoris Services Corp. has received a new contract award from a midstream oil and gas customer. The new contract was secured by Sprint Pipeline Services, a division of Primoris Energy Services, a Primoris subsidiary and part of the East Construction Service segment.

    NORTH AMERICA UPSTREAM

    Alpha Crude Connector to conduct open season

    Jun 2, 2014 Alpha Crude Connector LLC intends to conduct an open season for the Alpha Crude Connector pipeline, a new FERC-regulated crude oil transportation pipeline to be located in Lea and Eddy counties in ...

    MicroSeismic names Foster as president and CEO

    May 30, 2014

    MicroSeismic Inc. has appointed Jeff Foster as the company’s president and CEO. Founder of the company and past CEO, Peter M. Duncan, will continue with MicroSeismic as co-chairman.

    KMP to expand carbon-dioxide infrastructure

    May 8, 2014

    Kinder Morgan Energy Partners LP is set to invest $671 million to grow its carbon-dioxide infrastructure in southwestern Colorado and New Mexico.

    TPC Group expands polyisobutylene capacity

    May 1, 2014

    TPC Group, a provider of C4 based products and services, has achieved a milestone in its comprehensive expansion program to increase polyisobutylene capacity.

    Navigate within Upstream

    Upstream
    International North America
       Onshore    Onshore
          Conventional       Conventional
          Unconventional       Unconventional
       Offshore
       Offshore
          Subsea
          Subsea
       Oilfield Services
       Oilfield Services
       Seismic    Seismic

    Most Read Articles

    Oil & Gas Jobs

    Search More Job Listings >>