In BP’s (ticker: BP) 3Q earnings call, CFO Brian Gilvary saw progress towards market rebalancing, echoing CEO Bob Dudley’s comments earlier this month at the World Energy …
Royal Dutch Shell (ticker: RDSA) reported a larger profit than any of the other international oil majors to …
Anadarko Petroleum Company (ticker: APC) announced its third-quarter results today, placing an emphasis on investing in assets the company feels offer it the best returns: the Delaware …
Nighthawk Energy (ticker: HAWK, NHEGY) announced today that its Arikaree Creek water flood pilot project is expected to be pushed back until mid-November 2016, from Oct. 2016.
On 28 October 2016, the company performed a mechanical integrity test on the …
PetroQuest Energy, Inc. (ticker: PQ) announced a loss available to common stockholders for the quarter ended September 30, 2016 of $23,306,000, or $1.31 per share, compared to third quarter 2015 loss available to common stockholders of $51,910,000, or $3.19 per …
Samson Oil & Gas Limited (ticker: SSN) has sold its interest in the North Stockyard field for $15 million. The transaction closed on Friday after Samson received the balance of $13.95 million of the purchase price.
In an announcement Samson …
The world’s largest publicly-traded oil company gave its 3Q 2016 earnings call this morning. Jeff Woodbury, Vice President of Investor Relations, was on the call while CEO Rex Tillerson was …
French oil major Total (ticker: TOT) reported its third quarter earnings today. The company has continued to send the same message every quarter, focusing on increasing production and declining …
Mexican state-owned oil major PEMEX reported its third quarter earnings Friday, showing a smaller net loss this quarter than last year. The company’s net income loss for the quarter …
Denmark-based wind energy developer DONG Energy (ticker: DENERG) successfully launched Europe’s biggest 2016 IPO in June. Besides …
Total oil and natural gas production per day has rolled over and started to decline in Texas, according to data recently released by the Texas Railroad Commission.
Total oil production for August 2016 was 84.8 MMbls, a six percent decrease …
On Whiting Petroleum’s (ticker: WLL) 3Q 2016 conference call, CEO James Volker stated that recoveries from enhanced completions and lower average well costs …
Houston-based Yuma Energy (ticker: YUMA) and privately held Davis Petroleum Acquisition Corp. jointly announced today that the merger of the two companies was approved by shareholders and completed. Davis will become …
EQT Corporation (ticker: EQT) released its third quarter earnings results today, reporting a loss of $0.05 per diluted share compared to a net income of $0.27 per …
The world’s largest independent E&P, ConocoPhillips (ticker: COP), reported a third-quarter 2016 net loss of $1.0 billion, or ($0.84) per share today.
But the company snagged its …
A newly formed oil and gas E&P company, Centennial Resource Development (ticker: CDEV), (www.CDEVinc.com) is the Southern Delaware’s newest player, though its executive team and board of directors are anything …
In its 3Q 2016 earnings call, Range Resources (ticker: RRC) CEO Jeff Ventura discussed the positive outlook for Range following the closing of its merger with Memorial Resources …
The U.S. Environmental Protection Agency has published new final Control Techniques Guidelines (CTGs) targeting volatile organic compound emissions from existing oil and natural gas equipment and processes in certain states and nonattainment …
Hess Corporation (ticker: HES) released its third-quarter earnings Wednesday, reporting a loss of $1.12 per share, but the company also updated the markets on …
EQT Corporation (ticker: EQT), announced that it would acquire 59,600 net acres and 44 MMcfe of natural gas production in two related transactions in the core Marcellus. Both …
Carrizo Oil & Gas (ticker: CRZO) announced that it will purchase 15,000 acres of Eagle Ford Shale properties in LaSalle, Frio, and McMullen counties, Texas, from an affiliate of Sanchez Energy (ticker: SN) …
Remember when that kid you didn’t like in middle school used to tell you to ‘go pound sand’? Somebody who later became a petroleum engineer has heeded that advice and began to work …
The heads of Brazil’s state-owned Petrobras (ticker: PBR) and French oil major Total (ticker: TOT) announced today that the two companies signed a memorandum of understanding (MOU) to cooperate …
Short positions in crude oil futures and options held by producers, merchants, processors, and users (PMPU) totaled 608,261 as of October 11, 2016, according to the CFTC’s Commitments of Traders Report. The PMPU category represents futures and options contracts held …
Royal Dutch Shell (ticker: RDSA) announced that its Canadian subsidiary has sold approximately 206,000 net acres of oil and gas properties, three 100%-operated gas plants and 719 kilometers (447 …
The active rig count in the United States continued to climb this week as oil prices remained above $50 per barrel. The majority of the new activity came …
Core Laboratories (ticker: CLB) continues to call for a V-shaped recovery, with the company’s Q3 press release saying the company “believes the anticipated ‘V-shaped’ worldwide commodity recovery has begun.” Core pointed to increased …
KLR Group released a research note Thursday covering well data provided by the Texas Railroad Commission for the third quarter …
Nobel Prize winner Bob Dylan must have been an oilman in his youth. How could he have been so prescient to …
In Halliburton’s (ticker: HAL) Q3 2016 conference call today, CEO Dave Lesar characterized the business climate in Q3 for the company and gave some hints about where the industry feels …
