Tuesday, September 9, 2025

Oil & Gas Consolidations Move Ahead

BHI, GE, Shell, Halliburton make, wrap deals Baker Hughes-GE complete $32 billion mega-deal; combined business began trading today under new symbol: BHGE Baker Hughes, a GE company (ticker: BHGE) completed its combination of GE Oil & Gas with Baker Hughes Inc. The combined company becomes the world’s second largest oilfield services company, fitting between Schlumberger at the top of the

Sanchez Midstream Partners Selling Non-Core Assets

Sanchez Midstream Partners, LP. (ticker: SNMP), previously Sanchez Production Partners—a midstream subsidiary of Sanchez Energy Corporation (ticker: SN)—recently announced the sale of non-core production assets. Sanchez will be selling its Texas production assets to a private buyer for approximately $6.3 million. The sale is expected to close in Q3, 2017. The company also expects to close the sale of its

Whiting Petroleum: Enhanced Completions Pay Off

Whiting Petroleum Corporation (ticker: WLL) is one of the largest oil producers in one of America’s leading oil producing regions—the Bakken-Three Forks play in the Williston basin. Whiting is among several large producers in the Bakken, including Continental Resources, Hess, XTO, Statoil and EOG Resources. Whiting controls 443,310 net acres in the oil productive sweet spots of the Williston basin, encompassing