Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
Manitok Energy Acquires Corinthian Oil Corp.

Manitok Energy Acquires Corinthian ...

180 BOEPD, 120,000 acres for $3.1 million...

Should E&Ps Borrow to Grow or Stay Within Cash Flow? Here is Where 119 North American E&Ps Stand

Should E&Ps Borrow to Grow or ...

Only 16 E&Ps are expected to grow...

OPEC Oil Production Up on Libya, Nigerian Gains

OPEC Oil Production Up on Libya, Ni...

Production ticks up 88.5 MBOPD OPEC released...

Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

Canada Missed Out on Three ‘N...

Three major energy infrastructure projects...

Featured 360 Articles

  • New Report: U.S. Oil Will Smash Records in 2018 – EIA

    New Report: U.S. Oil Will Smash Records in 2018 – EIA

    October 16, 2017

    Yearly, quarterly, monthly production records going up U.S. crude oil production remains on track to break records next year, according to a note from the EIA today. Current forecasts call for crude production of 9.4 MMBOPD in the second half of 2017. This represents 340 MBOPD of growth from the first half of 2017, and this growth is expected to[Read More…]

  • E&P Invests $225 Million for Midstream Holdings in Latin America

    E&P Invests $225 Million for Midstream Holdings in Latin America

    October 16, 2017

    Frontera purchases remaining stake in Pacific Midstream Canada’s Frontera Energy (ticker: FEC) announced the acquisition of Pacific Midstream Ltd, in a move that consolidates Frontera’s holdings. Frontera will pay $225 million in cash for the remaining 36.6% of Pacific, leaving it as the sole holder of the midstream company. The transaction is meant to adjust the company’s transportation obligations, decreasing[Read More…]

  • Effective Rig Count Continues to Fall, DUCs Rise

    Effective Rig Count Continues to Fall, DUCs Rise

    October 16, 2017

    EERC down by 11 in September EnerCom released its monthly EnerCom Effective Rig Count for September today, reporting an equivalent 2,292 rigs active in the U.S., down from 2,303 last month. The Effective Rig Count adjusts reported rig counts for increasing efficiency in drilling and completions, meaning production factors into the count. Drilling activity in the U.S. is declining slightly,[Read More…]

  • Show Me Your Full-Cycle Metrics for the Delaware Basin

    Show Me Your Full-Cycle Metrics for the Delaware Basin

    October 16, 2017

    Permian oil producers continue to tout enviable half-cycle metrics, but what does the complete picture show? The mad dash of capital into the Permian’s Delaware sub-basin over the last two years has been awe-inspiring considering the backdrop of oil prices careening down to half their 2014 highs, with $45-$52 oil turning into a new normal. Oil and gas companies throughout[Read More…]

  • BAM: It’s Earnings Season (Again) – Here are the Q3’17 Oil & Gas Company Estimates

    BAM: It’s Earnings Season (Again) – Here are the Q3’17 Oil & Gas Company Estimates

    October 16, 2017

    Seems like just yesterday it was Q2 reporting season. But time flies—quarter by quarter—in the public company universe. EnerCom, Inc. has compiled third quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 110 E&P and 81 Oilfield Service companies in the EnerCom database. Download EnerCom’s full chart of estimates. The median OilServices company earnings[Read More…]

  • A Boost for the Bakken

    A Boost for the Bakken

    October 16, 2017

    Demand for Bakken oil: Bakken appears to be emerging as a new export grade of crude In a webinar hosted by Argus Media this week, Argus VP Jeff Kralowetz said something interesting with respect to his company’s analysis of the various crude oil grades and exports coming out of the U.S.–Bakken oil in particular. “We’ve seen pretty dramatic growth in[Read More…]

  • Emerson to Acquire Paradigm in Half-Billion-Dollar Oilpatch Software Deal

    Emerson to Acquire Paradigm in Half-Billion-Dollar Oilpatch Software Deal

    October 16, 2017

    Emerson will become largest E&P software provider to global oil and gas industry Today St. Louis’s Emerson (NYSE: EMR) announced it will acquire Paradigm®, a provider of software solutions for oil and gas companies, for a purchase price of $510 million, reflecting a multiple of 13 times expected 2017 EBITDA. By Paradigm joining Emerson’s existing Roxar software business targeting exploration[Read More…]

  • Chevron Australia Pulls Plug on Bight Exploration

    Chevron Australia Pulls Plug on Bight Exploration

    October 13, 2017

    Chevron no-go decision for offshore project was a commercial decision Chevron Corporation’s (ticker: CVX) Australia subsidiary Chevron Australia has announced the decision to discontinue the Great Australian Bight exploration program. Source: Chevron Chevron Australia’s affiliates acquired two deepwater exploration blocks in the Great Australian Bight Basin in October 2013. The acreage spans more than 32,000 square kms. Chevron Australia’s affiliate is[Read More…]

  • Kansas Gets Its First Rig in 2017; Overall Rig Count Down 8

    Kansas Gets Its First Rig in 2017; Overall Rig Count Down 8

    October 13, 2017

    U.S. activity declines again; Canada increases Drilling activity declined this week as oil and gas operators continue to seek equilibrium, according to Baker Hughes Weekly Rig Count. The total number of rigs active in the U.S. dropped by eight, meaning there are now 928 rigs operational. Six land-based rigs shut down, while two offshore rigs came offline. There are now[Read More…]

  • Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

    Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

    October 13, 2017

    Three major energy infrastructure projects have been cancelled in Canada in recent months. These were pipelines and related export facilities that would have taken Canada’s oil and natural gas into new markets and allowed Canadian producers additional revenue opportunities and a chance to grow their own production. The projects would have cemented Canada’s long-term energy viability, by transporting energy both[Read More…]

E&P

Effective Rig Count Continues to Fall, DUCs Rise

Effective Rig Count Continues to Fall, DUCs Rise

October 16, 2017 — Comments are Disabled

EERC down by 11 in September EnerCom released its monthly EnerCom Effective Rig Count for September today, reporting an equivalent 2,292 rigs active in the U.S., down from 2,303 last month. The Effective Rig Count adjusts reported rig counts for increasing efficiency in drilling and completions, meaning production factors into the count. Drilling activity in the U.S. is declining slightly,[Read More…]

Canada

Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

October 13, 2017 — Comments are Disabled

Three major energy infrastructure projects have been cancelled in Canada in recent months. These were pipelines and related export facilities that would have taken Canada’s oil and natural gas into new markets and allowed Canadian producers additional revenue opportunities and a chance to grow their own production. The projects would have cemented Canada’s long-term energy viability, by transporting energy both[Read More…]

Master Limited Partnership (MLP)

Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

Canada Missed Out on Three ‘Nation-Building’ Energy Projects in 2017

October 13, 2017 — Comments are Disabled

Three major energy infrastructure projects have been cancelled in Canada in recent months. These were pipelines and related export facilities that would have taken Canada’s oil and natural gas into new markets and allowed Canadian producers additional revenue opportunities and a chance to grow their own production. The projects would have cemented Canada’s long-term energy viability, by transporting energy both[Read More…]