Articles by: Oil & Gas 360

2014 Manitok Energy CEO Mass Geremia

2014 Manitok Energy CEO Mass Geremia

Mass Geremia, President and Chief Executive Officer of Manitok Energy (CVE: MEI), discusses his company’s conventional approach and its assets in Canada.

October 4, 2014 - 10:51 am C-Level Interviews, Videos
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
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
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
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
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
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
CAMAC Energy’s Increased Reserve Base is “Monumental,” Says Management

CAMAC Energy’s Increased Reserve Base is “Monumental,” Says Management

The results are in.

CAMAC Energy’s (ticker: CAK) updated estimate on four prospects offshore Nigeria revealed unrisked P50 recoverable resources of 2,377 MMBO – a 443% increase from the previous estimate of 537 MMBO. In a conference call following the …

September 30, 2014 - 5:57 pm International, Offshore, Oil and Gas 360 Articles
Cold Winter Predictions Push NatGas Prices Up as Oil Slides

Cold Winter Predictions Push NatGas Prices Up as Oil Slides

Today the EIA put out its September Natural Gas Monthly, with data through July 2014. In the report, the U.S.’s July dry gas production of 70.4 Bcf/day set the record for “the highest ever for any month,” the EIA …

September 30, 2014 - 5:53 pm Oil and Gas 360 Articles
De-Risking East Texas:  PetroQuest Looks to Drill 18-20 Cotton Valley Horizontals in 2015

De-Risking East Texas:  PetroQuest Looks to Drill 18-20 Cotton Valley Horizontals in 2015

“The thing that we basically have done the best this year is de-risk a huge portfolio of assets in East Texas. East Texas now could be our largest area of growth. …”  – Charlie Goodson, Chairman, President and CEO

September 30, 2014 - 5:21 pm Oil and Gas 360 Articles
Encana Sees Big Potential in $7.1 Billion Acquisition of Permian Pure-Play Athlon Energy

Encana Sees Big Potential in $7.1 Billion Acquisition of Permian Pure-Play Athlon Energy

Calling the move “transitional,” Encana Corp. (ticker: ECA), Canada’s largest natural gas company, has announced it will acquire all shares and assume the senior notes of Fort Worth’s Athlon Energy (ticker: ATHL) in a US$7.1 billion cash offer, which Encana …

September 29, 2014 - 6:58 pm Canada, Mergers & Acquisitions, Oil and Gas 360 Articles
Magnum Hunter Resources Achieves Record Well in the Utica: 46.5 MMcf

Magnum Hunter Resources Achieves Record Well in the Utica: 46.5 MMcf

Takeaway Record for Eureka Hunter Follows

Magnum Hunter Resources (ticker: MHR) is betting big in the Marcellus/Utica, and a company announcement on September 24, 2014, supports its assessment. The Stewart Winland 1300U well in Tyler County, West Virginia, returned an …

September 29, 2014 - 5:21 pm Midstream, Oil and Gas 360 Articles
NiSource Joins the Crowd with New MLP Spin Off

NiSource Joins the Crowd with New MLP Spin Off

NiSource Inc. (ticker: NI) said yesterday it will file a registration statement for an IPO of common units for a new MLP whose assets will consist of a 14.6% interest in CPG OpCo LP, which will own the natural gas …

September 29, 2014 - 5:08 pm Midstream, MLPs, Oil and Gas 360 Articles
Higher Electricity Prices Coming From Constrained Pipeline Capacity

Higher Electricity Prices Coming From Constrained Pipeline Capacity

In a press release out yesterday, the House of Representatives Energy & Commerce Committee warned there was bad news for New England households and businesses:  electricity supplier National Grid told customers that they can expect to see significantly higher power …

September 26, 2014 - 5:40 pm Midstream, Oil and Gas 360 Articles, Regulatory
Colo. O&G Task Force Meets: “We Need to Define the Problem”

Colo. O&G Task Force Meets: “We Need to Define the Problem”

Yesterday, Governor Hickenlooper’s hand-picked Task Force regarding State and Local Regulation of Oil and Gas Operations met for the first time.  The 21 members are people within the Colorado community who represent oil and gas companies, environmental groups, the farming …

September 26, 2014 - 5:14 pm Oil and Gas 360 Articles, Regulatory
U.S. LNG Can Fulfill Global Demand for Cheap Energy: Panel

U.S. LNG Can Fulfill Global Demand for Cheap Energy: Panel

At one of today’s sessions at the 2014 Natural Gas Symposium in Denver, hosted by Colorado State University’s Energy Institute, panelists discussed global implications of the abundance and accessibility of North American natural gas and how the shale revolution is …

September 25, 2014 - 5:53 pm International, Oil and Gas 360 Articles
Colorado State University Initiates Real-time Water Quality Monitoring in the Wattenberg

Colorado State University Initiates Real-time Water Quality Monitoring in the Wattenberg

Hard Data Replaces Unknowns and Speculation

Colorado has upped its game with respect to putting a microscope on drinking water quality as it relates to oil and gas drilling and hydraulic fracturing operations in the state. A pilot program developed …

September 25, 2014 - 5:41 pm Oil and Gas 360 Articles
Cabot Oil & Gas Increases Stake in Eagle Ford, Adds Tenth Rig to Its Fleet

Cabot Oil & Gas Increases Stake in Eagle Ford, Adds Tenth Rig to Its Fleet

Cabot Oil & Gas (ticker: COG) is the second-largest producer by volume in the Marcellus Shale, but the E&P continues to dial up operations in another prolific shale play: the Eagle Ford.

On September 24, 2014, Cabot announced the acquisition

September 24, 2014 - 4:02 pm Mergers & Acquisitions, Oil and Gas 360 Articles
ONEOK Partners Doing its Part to Keep Up with Bakken Midstream Needs; Nearly Doubled Williston Pipeline Network Since 2012

ONEOK Partners Doing its Part to Keep Up with Bakken Midstream Needs; Nearly Doubled Williston Pipeline Network Since 2012

ONEOK has laid enough pipe to go from Dallas to NYC five times and it’s not nearly enough.

The current state of the United States oil and gas industry is indicative of a foot race between two Olympic athletes. In …

September 23, 2014 - 6:13 pm Midstream, MLPs, Oil and Gas 360 Articles
Oil & Gas Dividend: Lower Taxes for Homeowners, Debt Free Governance

Oil & Gas Dividend: Lower Taxes for Homeowners, Debt Free Governance

With signs outside the United Nations climate summit reading “Keep the Oil in the Ground,” there’s a breath of fresh air from the local scene in Colorado’s most active oil and gas county.

Weld County has some news: A debt-free …

September 23, 2014 - 6:00 pm Oil and Gas 360 Articles
CAMAC Energy: Third Analyst Initiates Coverage, Predicts Net Profit by 2015

CAMAC Energy: Third Analyst Initiates Coverage, Predicts Net Profit by 2015

Kase Lawal, Chairman and Chief Executive Officer of CAMAC Energy (ticker: CAK), first said 2015 will be the company’s most profitable year in history in its Q1’14 conference call. Since then, interest around the industry is building in anticipation …

September 23, 2014 - 5:44 pm International, Offshore, Oil and Gas 360 Articles
Europe’s No-Carbon Electricity Share Grows to 56%

Europe’s No-Carbon Electricity Share Grows to 56%

Nuclear and Hydro are Top Carbon-free Sources

Europe’s share of electricity from sources that generate little or no carbon dioxide is now at 56%, according to the EIA. France, Iceland, Norway, Sweden, and Switzerland top the list of European …

September 23, 2014 - 5:32 pm Oil and Gas 360 Articles
European Conglomerate Spends $7.6 Billion for a Role in United States Shale

European Conglomerate Spends $7.6 Billion for a Role in United States Shale

On September 22, 2014, Siemens (ticker: SIE), an $84 billion market cap engineering and electronics conglomerate based in Germany, announced the acquisition of Dresser-Rand (ticker: DRC) for $7.6 billion (Euros). Dresser-Rand is one of the world’s largest equipment suppliers in …

September 22, 2014 - 6:40 pm Fracing, Oil and Gas 360 Articles, Oilfield Services
While Estimated Costs Double, 42,000 U.S. Workers Sit Idle, and Still No Keystone XL Pipeline

While Estimated Costs Double, 42,000 U.S. Workers Sit Idle, and Still No Keystone XL Pipeline

After six years and 17,000 pages of environmental studies, TransCanada (ticker: TRP) is still waiting alongside an estimated 42,000 U.S. workers who could fill direct and indirect pipeline-related jobs. Sitting in the queue is the remaining 1,200 miles of oil …

September 22, 2014 - 6:11 pm Midstream, Oil and Gas 360 Articles, Regulatory
Oklahoma: Continental Resources Discovers the Springer Shale

Oklahoma: Continental Resources Discovers the Springer Shale

“We bought one shale and got another one for free.”

Continental Resources (ticker: CLR), the nation’s eighth-largest E&P based on market capitalization, held its 2014 Analyst Day today in Oklahoma City, its first since 2012.

The Springer Shale is Unveiled

Well Casing and Cement Failures—Not Fracing—Led to Contaminated H2O Wells

Well Casing and Cement Failures—Not Fracing—Led to Contaminated H2O Wells

Duke, Ohio State, Stanford, Dartmouth, Rochester scientists conclude that failed pipe and cement allowed gas to leak

The first peer-reviewed comprehensive studies testing drinking water quality and any links to nearby shale gas production have found that the well completion …

September 18, 2014 - 4:48 pm Fracing, Oil and Gas 360 Articles, Oilfield Services