Log in
Subscribe
Saturday, June 21, 2025

June 20, 2018

stena carron exxon mobil drillship offshore guyana rig -oilandgas360

Hess Announces Eighth Oil Discovery Offshore Guyana

June 20, 2018

Hess Corporation (NYSE: HES) today announced an eighth oil discovery offshore Guyana at the Longtail-1 exploration well, creating the potential for additional resource development in the southeast area of the Stabroek Block. The well encountered approximately 256 feet (78 meters) of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to 18,057 feet (5,504 meters) depth in 6,365 feet (1,940

Shale Support Buys Two Louisiana Sand Mines

June 20, 2018

Shale Support, a leading provider of frac-sand and logistical solutions to the oil and gas proppant market, today announced it has closed on a deal purchasing two natural mines in Kinder and Central Louisiana. This expansion adds 2.0 million tons of nameplate capacity to Shale Support, increasing the organization’s total capacity to 5.0 million tons annually. “We’ve been an ‘in-basin’

ONEOK Announces $1.25 Billion Notes Offering

June 20, 2018

ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $1.25 billion of senior notes, consisting of $800 million of 10-year senior notes at a coupon of 4.55 percent and $450 million of 30-year senior notes at a coupon of 5.20 percent. The net proceeds from the offering, after deducting underwriting discounts and commissions, are expected

Global Trade War Weighs on Businesses

June 20, 2018

From Reuters A developing trade war between the world’s biggest economies is weighing on business confidence and could force central banks to downgrade their outlook, the world’s most powerful policymakers argued on Wednesday. After imposing punitive tariffs on a number of its top trading partners, the United States earlier this week threatened China with further duties on $200 billion, escalating

Northern Oil and Gas $22.8 Million Stock for Notes Exchange

June 20, 2018

Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that it has entered into two additional independent, separately negotiated exchange agreements with institutional holders (the “Investors”) of its 8% senior unsecured notes due 2020 (the “Notes”). Together the new agreements represent a debt reduction of $22,807,000 par value of Notes. Combined with the exchange transactions announced last week, Northern

Oil Surplus Makes Surprise Return Despite OPEC Cuts, IEA Says - Oil&Gas360

The History of OPEC’s Output Changes and the Challenges of this Weeks Meeting

June 20, 2018

From Reuters For OPEC, over-compliance with its supply-cutting deal is a nice problem to have. Once known for rampant cheating on agreed oil output targets, the Organization of the Petroleum Exporting Countries has been over-delivering on a pact in place since January 2017, cutting around one and a half times the promised amount. The Organization of the Petroleum Exporting Countries

Weekly Oil Storage: Another Large Draw

June 20, 2018

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks fell by 5,914 MBBL last week to 426,527 MBBL from 432,441 MBBL. This is 16% below the 509,095 MBBL that was in storage at this point last year, and is 1% below the five-year

Linkedin X-twitter Facebook Youtube

Premium Content

• Analytics: Data, Dashboards, Knowledge

• EnerCom Conference Replays

• Exclusive Executive  Interviews

Subscribe
Oil & Gas
Oilfield Services
Energy Transition
Regions
Finance
360 Energy Expert Network
Press Releases
Oil & Gas 360® is a one-stop source of news, information, and analysis from the professionals at EnerCom, Inc.  The website is dedicated to all things energy: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. © 2024 Oil & Gas 360®. All Rights Reserved. Oil & Gas 360® P.O. Box 100938 Denver, CO 80250
Linkedin X-twitter Facebook Youtube

Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox. 

Name

Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.