•  
  •  
  •  
  •  
  •  
  • UPSTREAM

    SECTIONS: INTERNATIONAL | NORTH AMERICA

     

    LATEST UPSTREAM NEWS

    PAA acquires Williston Basin crude oil terminal under construction

    Mar 2, 2015

    Plains All American Pipeline LP has acquired Legion Terminals LLC, which owns a crude oil terminal under construction in Johnson’s Corner, McKenzie County, North Dakota. The terminal, which is expected to be in service in the third quarter of 2015, will serve as a crude oil logistics hub in the Williston Basin.

    Matador closes Delaware Basin combination

    Mar 2, 2015

    Matador Resources Co. has completed the combination of its Delaware Basin assets with Harvey E. Yates Co. (HEYCO), a subsidiary of HEYCO Energy Group Inc. As a result of the transaction, Matador will assume operatorship of all of HEYCO’s operated properties in the Northern Delaware Basin.

    Enable Midstream holds open season for Oklahoma expansion capacity

    Mar 2, 2015

    Enable Midstream Partners LP’s wholly owned subsidiary Enable Gas Transmission LLC (EGT) is holding a non-binding open season to allow interested parties an opportunity to obtain new firm interstate natural gas transportation capacity resulting from an expansion of EGT’s Line AD in Oklahoma.

    Far East Energy enters into term loan facility agreement

    Mar 2, 2015

    Far East Energy Corp.’s wholly owned subsidiary Far East Energy (Bermuda) Ltd. has entered into a term loan facility agreement, effective Feb. 24, with the lenders party thereto. 

    Goodrich updates on financing, amendment to credit facility

    Mar 2, 2015

    Goodrich Petroleum Corp. has provided an update on financing and an amendment to its credit facility. 

    Mexico’s bidding round for shallow water kicks off

    Mar 2, 2015

    Mexico’s National Hydrocarbons Commission recently published the bidding and contract terms for the first 14 oil and gas areas in shallow waters, kicking off the first phase of Mexico’s bidding round for exploratory oil and gas blocks in the Gulf of Mexico.

    American Impact Energy acquires Permian Basin acreage

    Feb 26, 2015

    American Impact Energy has acquired over 18,000 prime leasehold acres in the Permian Basin.

    Wood Group Mustang appoints McNichol as CEO

    Feb 25, 2015

    Wood Group has appointed Michele McNichol to the position of CEO for Wood Group Mustang, effective immediately. She succeeds Steve Knowles, who will retire from Wood Group on April 1. 

    Chevron exits shale gas exploration in Romania

    Feb 24, 2015

    Chevron, which began shale gas drilling at its exploration well in northeastern Romania in 2014, has exited this exploration, according to Bloomberg, which says that Chevron is also ending its three other concessions in Romania.

    Dome Energy executes agreement for sale of US operations

    Feb 24, 2015

    Dome Energy AB has entered into a heads of agreement with PEDEVCO Corp. (d/b/a Pacific Energy Development) for the proposed sale of Dome's entire US asset base.

    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 >>