Archive for October, 2014

U.S. Energy Rigs Decline 9 to 1,922, Baker Hughes Says

Increased drilling in shale formations including the Cana-Woodford of Oklahoma and Colorado’s Niobara is keeping the U.S. oil rig count steady as crude prices slip.

October 3, 2014 - 5:11 pm Energy RSS
LINN Energy Executes Next Step of Game Plan with $2.3 Billion Asset Sale

LINN Energy Executes Next Step of Game Plan with $2.3 Billion Asset Sale

LINN Energy (ticker: LINE) announced the sale of $2.3 billion in assets on October 3, 2014. The sale comes, as promised, to finance its previous acquisition of $2.3 billion in assets from Devon Energy. The Devon purchase was announced …

October 3, 2014 - 4:20 pm Finance, Mergers & Acquisitions, Oil and Gas 360 Articles

Teekay Offshore Partners Declares Distribution on Series A Preferred Units

Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. , has declared a cash distribution of $0.4531 per unit on the Partnership's Series A preferred units for the period from August …

October 3, 2014 - 4:15 pm Energy RSS, Offshore

Teekay Offshore Partners Declares Distribution

Teekay Offshore GP LLC, the general partner of Teekay Offshore Partners L.P. , has declared a cash distribution of $0.5384 per unit for the quarter ended September 30, 2014. The cash distribution for the …

October 3, 2014 - 4:15 pm Energy RSS, Offshore

$100 million worth of U.S. energy revolution going up in smoke

In North Dakota, technology has unlocked the oil and gas of the U.S. shale revolution, but it’s not without growing pains. In the Bakken region near Williston, North Dakota, we found farmers who can’t get their product to market while …

October 3, 2014 - 3:57 pm Energy RSS

“The Role of Innovation and Engagement in the Eagle Ford” – Lee M. Tillman, Marathon Oil

Lee M. Tillman, President and Chief Executive Officer of Marathon Corporation. Marathon Oil Corporation has an important Eagle Ford shale field office in Pleasanton.

October 3, 2014 - 2:55 pm Energy RSS
Baker Hughes Begins Voluntary Disclosure of Chemicals Used in Fracturing Operations

Baker Hughes Begins Voluntary Disclosure of Chemicals Used in Fracturing Operations

Baker Hughes (ticker: BHI), the $26 billion (marketcap) oilservices provider with oil and gas operations in 80 countries, flipped the switch Wednesday on its new policy of disclosing 100% of the chemistry in its hydraulic fracturing fluids. The company said …

2014 Core Lab Chairman & CEO David Demshur

2014 Core Lab Chairman & CEO David Demshur

Core Laboratories (NYSE: CLB) Chairman & CEO David Demshur discusses Core Laboratories’ core business segments and details entire field production optimization services for E&P companies. Demshur describes Core Labs’ Oil Profiler tracer product and trends toward increasing hydrocarbon development in …

October 3, 2014 - 11:20 am C-Level Interviews, Videos
2014 Energy XXI Chairman and CEO John Schiller

2014 Energy XXI Chairman and CEO John Schiller

Energy XXI (NASDAQ: EXXI) Chairman and Chief Executive Officer John Schiller discusses operations in the Gulf of Mexico and the future growth drivers of energy industry.

October 3, 2014 - 11:17 am C-Level Interviews, Videos
U.S. Coal Exports Drop 16% in First Half of 2014

U.S. Coal Exports Drop 16% in First Half of 2014

U.S. coal exports continued to decline from record volumes in 2012, according to an EIA report out today.

In the first half of 2014, U.S. coal exports were at 52.3 million short tons (MMst), down 16% from the export levels …

October 3, 2014 - 11:12 am International, Oil and Gas 360 Articles

Magellan Petroleum Announces Date for Annual Meeting

Magellan Petroleum Announces Date for Annual Meeting

October 2, 2014 - 9:17 pm 360 Company Releases

Carbo Ceramics Inc. (CRR) Hits New 52-week Low During October 2 Session

Carbo Ceramics Inc. (CRR) Hits New 52-week Low During October 2 Session

October 2, 2014 - 6:52 pm 360 Company Releases

Pa. regulator: Sunoco pipeline project has public utility status

Sunoco Logistics Partners and its proposed Marcellus Shale Mariner East project have public utility status, the Pennsylvania Public Utility Commission ruled Thursday.

October 2, 2014 - 6:47 pm Energy RSS
NGP Capital Provides Financing and Guidance to E&Ps in the Capital-Intensive Shale Boom

NGP Capital Provides Financing and Guidance to E&Ps in the Capital-Intensive Shale Boom

Spending by exploration and production companies is expected to reach record highs in 2014, according to reports from Barclays. Capital directed at North American shale plays is expected to rise due to tumultuous environments overseas, further fueling the United …

October 2, 2014 - 6:47 pm Oil and Gas 360 Articles

Breitling Energy’s Update on Second Permian Well

Breitling Energy Corporation continues moving forward with the upcoming completion of its second Permian Basin well, the Hoppe "63" #1 in Sterling County, Texas.

October 2, 2014 - 6:34 pm Energy RSS
Constellation Energy Partners will Rebrand as Sanchez Production Partners LLC

Constellation Energy Partners will Rebrand as Sanchez Production Partners LLC

New Ticker Symbol Scheduled to Take Effect Monday, Oct. 6, 2014

After the close of the markets on Friday, Constellation Energy Partners LLC (NYSE MKT: CEP) will change its name to Sanchez Production Partners LLC (NYSE MKT: SPP). Constellation Energy …

October 2, 2014 - 5:39 pm Midstream, Oil and Gas 360 Articles

Bakken takes Belmont feature

NEW YORK (AP) Bakken cruised to a three-length victory Thursday in the $80,000 allowance feature at Belmont Park.

October 2, 2014 - 5:16 pm Energy RSS

TransAtlantic Petroleum Provides Operational Update and Announces Natural Gas Price Increase in Turkey

HAMILTON, Bermuda — TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (the "Company" or "TransAtlantic") today provided an operational update on its current drilling program and announced …

October 2, 2014 - 4:15 pm Energy RSS

U.S. crude-by-rail projects; NGL Energy Partners plans New Mexico project

(Adds NGL Energy Partners project, updates EOG Resources, Interstate Oil projects) HOUSTON, Oct 2 (Reuters) – U.S. oil producers, refiners and logistics companies are deep into the crude-by-rail movement with dozens of projects throughout the United States and crude movements …

October 2, 2014 - 1:18 pm Energy RSS

Carbo Ceramics Inc. (CRR) Hits New 52-week Low During October 1 Session

Carbo Ceramics Inc. (CRR) Hits New 52-week Low During October 1 Session

October 2, 2014 - 8:17 am 360 Company Releases

Canacol Energy Ltd. Provides Production and Operations Update

Canacol Energy Ltd. is pleased to provide the following update concerning its production and main drilling operations. Average net production before royalties for the period…

October 2, 2014 - 5:30 am Energy RSS

Bellatrix announces transfer of listing from NYSE MKT to the New York Stock Exchange

Bellatrix announces transfer of listing from NYSE MKT to the New York Stock Exchange

October 1, 2014 - 9:05 pm 360 Company Releases
Saudi Arabia Sets the Pumps on ‘High’, Cuts its Price

Saudi Arabia Sets the Pumps on ‘High’, Cuts its Price

Oil’s persistent slide has moved some OPEC members into action.

WTI traded down again Wednesday, off almost $3.00 from the day’s high to close at $90.83, a 17-month low. Brent crude closed at $94.14, a 27-month low following …

October 1, 2014 - 6:03 pm International, Oil and Gas 360 Articles, OPEC
Lonestar Resources Increasing Footprint, Flow Rates in the Eagle Ford

Lonestar Resources Increasing Footprint, Flow Rates in the Eagle Ford

Lonestar Resources (OTCQX: LNREF, ASX: LNR) is an oil and gas company in Fort Worth, Texas, focused on acquiring and exploiting the Eagle Ford Shale. The company has doubled its acreage on a compounded year-over-year basis since 2012 and is …

October 1, 2014 - 5:48 pm Oil and Gas 360 Articles

RPC, Inc. Announces Third Quarter 2014 Share Repurchases

RPC, Inc. Announces Third Quarter 2014 Share Repurchases

October 1, 2014 - 12:30 pm 360 Company Releases
2014 Evolution Petroleum CFO Randy Keys

2014 Evolution Petroleum CFO Randy Keys

Randy Keys, Senior VP and CFO of Evolution Petroleum (NYSE MKT: EPM), discusses Evolution’s strategy to deliver growth, value and income to its shareholders, the company’s revenue growth, operations in the Delhi Field and its artificial lift technology – GARP.…

October 1, 2014 - 11:10 am C-Level Interviews, Videos

Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock

Magnum Hunter Resources Declares Monthly Cash Dividend on Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock

October 1, 2014 - 11:00 am 360 Company Releases

Bakken oil pipeline, Sandpiper, delayed

Daniel J. Graeber HOUSTON, Oct. 1 (UPI) — The Sandpiper pipeline designed to carry oil from the Bakken reserve area in North Dakota through Minnesota is delayed, Enbridge Energy Partners said.

October 1, 2014 - 8:46 am Energy RSS