2016 offshore discovered liquids resources were 90% lower than in 2010

Rystad Energy concludes that the 2016 total offshore discovered liquids resources reached only slightly below 2.3 billion bbl.

Marcellus shale sees massive resurgence in M&A; activity

There was nearly eight times more invested in asset and corporate acquisitions in the Marcellus shale in 2016 than 2015, according to Evaluate Energy.

Anadarko sells Eagle Ford assets for $2.3B

Anadarko Petroleum Cagreed to sell its Eagle Ford Shale assets in South Texas for approximately $2.3 billion to Sanchez Energy Corp. and Blackstone Group LP.

SM Energy to sell non-operated Eagle Ford assets for $800M

SM Energy has agreed to sell its third party operated assets in the Eagle Ford to a subsidiary of Venado Oil and Gas LLC, an affiliate of KKR.

1/4

Commodity Indices

Market Indices

Latest Oil & Gas Industry News

Lilis Energy appoints Daches as EVP, CFO, treasurer January 25, 2017 Lilis Energy Inc. has appointed Joseph C. Daches, CPA, as its new executive vice president, CFO, and treasurer.
Nuckles joins Houston office of Andersen Tax January 25, 2017 Michael Nuckles has joined Andersen Tax as a director in the Houston office.
Gradiant Energy Services names Jimenez as CEO January 25, 2017 Gradiant Energy Services (GES), a provider of integrated water management solutions to the energy industry, has named Danny Jimenez as its new CEO.
BDO: Energy industry looks optimistically towards 2017 January 25, 2017 There are favorable signs the long-battered energy industry may finally be on its way to recovery, according to findings of a new survey from BDO USA LLP. Emerging from a particularly volatile 2016...
Plains All American to acquire Permian Basin gathering system for $1.2B January 24, 2017 Plains All American Pipeline has entered into definitive agreements to acquire a Permian Basin crude oil gathering system for approximately $1.2 billion. PAA also announced it had entered into defi...
1Derrick US M&A; weekly update January 24, 2017 1Derrick gives OGFJ readers a snapshot of oil and gas industry M&A activity for the week of January 16^th to January 20th.
Opportune Promotes Ahmed, Stutzman to managing directors January 24, 2017 Opportune LLP, an international energy consulting firm, has promoted Farhana Ahmed and Amy Stutzman to managing directors.

All News >>

Flotek - A Different Kind of Company

Flotek is a different kind of company and our research is inspired by the excitement of discovery, the pursuit of knowledge and the creation of industry-changing chemistry. Our new Global Research & Innovation Center is the embodiment of this philosophy.