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2018: The World’s Largest Public Oil & Gas Companies

2018: The World’s Largest Public ...

In this update to our 2016 rankings, the...

Round 3.1 Overview Map

16 Contracts Awarded to 12 Bidders ...

Results of Mexico’s Shallow Water Auction –...

Concho Announces Largest Permian Deal Ever

Concho Announces Largest Permian De...

$9.5 billion purchase of RSP Permian M&A...

The Crucial Importance of Water Handling in Oilfield Operations – An Oil & Gas 360® Special Report

The Crucial Importance of Water Han...

Water is not a traded commodity in the U.S., like...

360 Profiles

Featured 360 Articles

  • Weatherford Ramps Up Cost Savings Plan

    Weatherford Ramps Up Cost Savings Plan

    April 24, 2018

    Weatherford International plc (ticker: WFT) reported a net loss of $245 million, or a loss of $(0.25) per share for the first quarter of 2018. Weatherford President and CEO Mark A. McCollum said, “The goals we have set forth for 2018 and 2019 are realistic and achievable. We are on track and, in the first quarter, have already achieved 10%[Read More…]

  • Shell rendering of its Vito deep-water development in the U.S. Gulf of Mexico. Vito will feature a new, simplified host design and associated infrastructure. (PRNewsfoto/Shell Offshore Inc.)

    Shell Expects its Deepwater GOM Project Vito will Break Even at Sub-$35 Oil

    April 24, 2018

    Royal Dutch Shell’s (ticker: RDS.A) Shell Offshore Inc. finalized its investment decision for the deep-water development, Vito, located in the U.S. Gulf of Mexico. The company said it estimates a forward-looking, breakeven price to be less than $35 per barrel. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico and it is currently scheduled to begin producing[Read More…]

  • Pennsylvania NatGas Production Second Only to Texas

    Pennsylvania NatGas Production Second Only to Texas

    April 23, 2018

    Pennsylvania natural gas production has been on an upward curve since 2009. According to the EIA, Pennsylvania averaged a record 15 Bcf/d in 2017. Producers have the Appalachian Basin to thank – Pennsylvania accounted for 19% of total U.S. marketed natural gas production. Increased permitting and drilling activity, combined with the expansion of regional pipeline capacity has helped Pennsylvania’s natural[Read More…]

  • EOG Resources, Mountrail County, North Dakota.

    PermRock Royalty Trust Prepares IPO

    April 23, 2018

    PermRock Royalty Trust will soon launch its initial public offering of 6,250,000 trust units, representing approximately 51.4% beneficial interest in the trust. The initial offering price is expected to be between $19.00 and $21.00 per unit. Boaz Energy II, LLC is the sponsor of the trust and will be selling the units being offered. Additionally, Boaz intends to grant the[Read More…]

  • Halliburton

    Halliburton Writes Down All Remaining Venezuela Investments

    April 23, 2018

    Market is 1 million to 1.5 million horsepower undersupplied Halliburton Company (ticker: HAL) reported an income of $46 million, or $0.05 per diluted share for the first quarter of 2018. This is an improvement over Q1 2017’s net loss of $32 million, or $(0.04) share. “We achieved total company revenue of $5.7 billion, representing a 34% increase compared to the[Read More…]

  • Apache Corp., Strategic Oil & Gas Announce Executive Changes

    Apache Corp., Strategic Oil & Gas Announce Executive Changes

    April 23, 2018

    Apache Corporation (ticker: APA) said that the EVP of corporate reservoir engineering, Kregg Olson, plans to retire on August 1, 2018. Apache CEO and President John J. Christmann IV said, “Kregg’s expertise and leadership have been a tremendous asset to Apache during his 26 years with the company. On behalf of the board and all Apache employees, I want to[Read More…]

  • PetroShale Doubles Production in the Bakken/Three Forks

    PetroShale Doubles Production in the Bakken/Three Forks

    April 23, 2018

    Bakken-focused PetroShale Inc. (ticker: PSH) released financial and operating results for the year-ended December 31, 2017. Production averaged 2,121 BOEPD in the fourth quarter and 2017 production averaged 2,445 BOEPD, an increase of 50% over 2016. About PetroShale, Apr. 2018 Financially, PetroShale reported 2017 revenues of $44.0 million (an increase of 89% over 2016) and 2017 EBITDA of $21.2 million[Read More…]

  • More Rigs Arrive in Texas

    More Rigs Arrive in Texas

    April 20, 2018

    Rig count has fallen only once in the past 11 weeks—now sitting at 1,013 Drilling activity continued to rise last week, marking the eighth increase in nine weeks, according to the latest edition of Baker Hughes’ Rig Count. Eight rigs moved to Texas this week, with the Lone Star State seeing a significant boost in drilling activity. The eight rigs[Read More…]

  • Schlumberger Says Sees Over-Capacity in U.S. Pressure Pumping Market

    Schlumberger Says Sees Over-Capacity in U.S. Pressure Pumping Market

    April 20, 2018

    “We expect the market to remain close to being balanced in the coming quarters” Schlumberger (ticker: SLB) kicked off another oil and gas earnings season today, reporting net income of $530 million, or $0.38 per share. Schlumberger reported revenue of $7.8 billion in Q1 2018, down 4% sequentially but up 14% year over year. This trend occurs throughout Schlumberger’s earnings[Read More…]

  • Preparing a horizontal drilling rig - Oil & Gas 360

    Niche Private Equity Firm Aims to Fill a Void with its Debut Upstream Fund

    April 20, 2018

    An exclusive OAG360 interview with Drillcore Founder and Managing Partner Evan Turner New York-based Drillcore Energy Partners launched its debut fund this week, a $250-million private equity fund targeting U.S. upstream. Drillcore said it seeks to allocate the capital raised from limited partners for its channel of proprietary deal flow. The firm is out of the gate with an inventory of pending[Read More…]


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E&P

EnerCom Announces The Oil & Gas Conference® 23 is Open for Registration

EnerCom Announces The Oil & Gas Conference® 23 is Open for Registration

April 24, 2018 — Comments are Disabled

EnerCom Announces The Oil & Gas Conference® 23 is Open for Registration

Canada

Source: Enbridge

Canada Relies on Trucks, Waits for Pipelines

April 23, 2018 — Comments are Disabled

From Reuters At an Alberta oil loading terminal, a convoy of big rigs are gearing up to haul Canadian crude oil hundreds of miles through bone dry fields across the U.S. border into Montana, where the oil will be transferred to pipelines and rail cars headed south and west. Trucks loaded with crude are an increasingly common sight at the[Read More…]

Master Limited Partnership (MLP)

MLP Scorecard

EnerCom’s MLP Scorecard – April 23 2018

April 23, 2018 — Comments are Disabled

EnerCom’s MLP Scorecard is our weekly distribution of information emerging from the world of Master Limited Partnerships. This week’s Scorecard report delivers 33 comparative metrics on 59 Master Limited Partnerships in the industry. All of the MLPs in the list have traded publicly for at least four quarters. The EnerCom MLP group includes 4 E&Ps and 57 Midstream and Other operations.[Read More…]