2017 – Page 540 – Oil & Gas 360

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

Teekay LNG Partners Announces Pricing of Series B Preferred Offering

October 16, 2017

Teekay LNG Partners Announces Pricing of Series B Preferred Offering

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

U.S. Oilpatch Productivity Multiple Climbs Above 3.0 - Oil & Gas 360

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,

Plant Farley Unit 2 planned activities underway for the production of clean, safe, affordable and reliable nuclear energy

October 16, 2017

Plant Farley Unit 2 planned activities underway for the production of clean, safe, affordable and reliable nuclear energy

Premium Content