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Oil Tanker Disappears in the Strait of Hormuz

Oil Tanker Disappears in the Strait...

By Tyler Losier, Energy Reporter, Oil...

The Permian Oil Boom Is Showing Signs of Overheating

The Permian Oil Boom Is Showing Sig...

Shortages of sand, pipelines, and manpower could...

Source: Mach Resources

Private Equity Firm Forms Second Pa...

By Tyler Losier, Energy Reporter, Oil...

Colorado: Aurora City Council Approves Operator Agreement with ConocoPhillips for 300-Well Development

Colorado: Aurora City Council Appro...

By Bevo Beaven, Editor, Oil & Gas...

360 Profiles

Featured 360 Articles

  • Range Sells Appalachian Assets for $634 Million

    Range Sells Appalachian Assets for $634 Million

    July 19, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Range sells royalties in 350,000 net surface acres for $600 million, 20,000 non-producing acres for $34 million Range Resources Corporation (stock ticker: RRC), a Fort Worth-based independent E&P, has agreed to sell a 2% proportionately reduced overriding royalty interest in 350,000 net surface acres of its southwest Appalachian Basin assets. The[Read More…]

  • New CEO, Chairman at Schlumberger

    New CEO, Chairman at Schlumberger

    July 19, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Schlumberger appoints Olivier Le Peuch as CEO, Mark G. Papa as non-executive chairman of the board Schlumberger Limited (stock ticker: SLB), the largest public oilfield services company in the world by both market capitalization and enterprise value, has elected Olivier Le Peuch as its chief executive officer, effective August 1, 2019.[Read More…]

  • Click the above image to access EnerCom's interactive rig count dashboard

    U.S. Rig Count Drops by Four

    July 19, 2019

    Compiled by Tyler Losier, Energy Reporter, Oil & Gas 360 Canadian numbers up by one This week’s Baker Hughes rig count shows that U.S. numbers declined by four, resulting in the total count falling to 954. Compared to this time last year, numbers are down 92. Canada is up compared to last week with a total count of 118, representing[Read More…]

  • Source: Sundance Energy

    Sundance Energy Divests ~$30 Million Worth of Texas Assets

    July 18, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Sundance Energy sells Dimmit county assets for $29.5 Million Sundance Energy Australia Limited (stock ticker: SNDE), along with its wholly-owned Denver-based subsidiary Sundance Energy Inc., has entered into a definitive agreement with an unnamed company to sell its Dimmit county, Texas assets for a purchase price of $29.5 million. The assets[Read More…]

  • Iran Reportedly Seizes Oil Tanker in Strait of Hormuz

    Iran Reportedly Seizes Oil Tanker in Strait of Hormuz

    July 18, 2019

    By Tyler Losier, Energy Reporter, Oil & Gas 360 Iranian Revolutionary Guard seizes foreign tanker, claims it was smuggling fuel Iran’s Islamic Revolutionary Guard Corps Navy has reportedly seized a foreign oil tanker traveling through the Strait of Hormuz, claiming that the ship was attempting to smuggle Iranian oil out of the country. Based on a series of videos released[Read More…]

E&P

Range Sells Appalachian Assets for $634 Million

Range Sells Appalachian Assets for $634 Million

July 19, 2019 — Comments are Disabled

By Tyler Losier, Energy Reporter, Oil & Gas 360 Range sells royalties in 350,000 net surface acres for $600 million, 20,000 non-producing acres for $34 million Range Resources Corporation (stock ticker: RRC), a Fort Worth-based independent E&P, has agreed to sell a 2% proportionately reduced overriding royalty interest in 350,000 net surface acres of its southwest Appalachian Basin assets. The[Read More…]

A&D Transactions

Range Sells Appalachian Assets for $634 Million

Range Sells Appalachian Assets for $634 Million

July 19, 2019 — Comments are Disabled

By Tyler Losier, Energy Reporter, Oil & Gas 360 Range sells royalties in 350,000 net surface acres for $600 million, 20,000 non-producing acres for $34 million Range Resources Corporation (stock ticker: RRC), a Fort Worth-based independent E&P, has agreed to sell a 2% proportionately reduced overriding royalty interest in 350,000 net surface acres of its southwest Appalachian Basin assets. The[Read More…]

Mergers & Acquisitions

Callon and Carrizo Merger: Conference Call Excerpts

Callon and Carrizo Merger: Conference Call Excerpts

July 15, 2019 — Comments are Disabled

Compiled by Bevo Beaven and Tyler Losier, Oil & Gas 360 In light of Callon and Carrizo’s $3.2 billion merger, the two companies held an investor conference call this morning. Below are notable excerpts, compiled from Bloomberg’s transcription of the call: Q: It sounds like the combination of the two companies, increases the free cash flow generation and the construction[Read More…]