EnerCom Dallas presenter BetaZi will present at the Tower Club, Downtown Dallas, Wed. Feb. 21 BetaZi LLC creates production forecasting solutions for the oil and gas industry using physics-based predictive analytics. The company has been in operation since 2012 and has modeled over 400,000 wells – the results help decision makers from the oil patch all the way up to
CFO to depart when 2017 10-K is filed SandRidge Energy, Inc. (ticker: SD) announced the departure of James Bennett, the company’s president and CEO effective today. The company said that Bill Griffin, who currently serves as an independent director, has agreed to serve as interim president and CEO while the company conducts a full review of internal and external candidates. Griffin
CNOOC Limited (ticker: CEO) plans to target 470-480 MMBOE for its net production goal in 2018. The geographic production areas are split between China (64%) and overseas (36%). The company’s net production for 2017 stood at approximately 469 MMBOE. As for 2019 and 2020, projected numbers are 485 MMBOE and 500 MMBOE, respectively. A stampede of projects CNOOC has scheduled
Ridge Runner Resources, LLC is a new E&P focused on the Delaware Basin The new company has received a line of equity financing of up to $300 million from funds affiliated with Warburg Pincus. The company will be led by CEO Scott Germann, an Exxon-trained geologist with more than 20 years of financial and operational experience in the Permian Basin.
Open season for Keystone’s additional capacity from Canadian oil producers to U.S. refineries secures 500,000 BOPD 20-year commitments The Keystone XL open season has concluded with 500,000 BOPD 20-year commitments secured. This allows the proposed project to proceed. TransCanada Corporation (ticker: TRP) said that interest in the pipeline remains strong and the company will continue to secure long-term volume contracts.
Noble Corporation plc (ticker: NE) elected Julie J. Robertson as the new CEO and announced the retirement of Chairman, President and CEO David W. Williams. The leadership succession plan calls for Williams to remain with the company through February 2018, serving in an advisory capacity. Julie Robertson has served as the Noble’s executive vice president since 2006. From July 2001, she served as
Parsley Energy, Inc. (ticker: PE) said that next year, effective Jan. 2019, Chairman of the Board and CEO Bryan Sheffield will be succeeded as CEO by Matt Gallagher, the company’s current president and COO. Gallagher is appointed to Parsley’s board of directors effective immediately. Sheffield will serve as CEO through the end of 2018, in the newly-created position of executive
Publicly traded oil and gas companies, oilfield service companies talk 2018 plans at EnerCom Dallas Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for the EnerCom Dallas investment conference, which is coming to The Tower Club Feb. 21-22 in downtown Dallas. EnerCom Dallas is a financial conference
James Volker will serve as Whiting’s executive chairman through year end Beginning next Wednesday former Anadarko EVP U.S. Onshore E&P Bradley Holly will take the reins of Whiting Petroleum Corporation (NYSE: WLL), replacing outgoing Chairman, President and CEO James Volker who is retiring after a 34-year career at Whiting, having served as president and CEO since 2002 and who was instrumental
Oil company execs talk strategy, operations, basins EnerCom has published video interviews with 28 oil and gas industry leaders who run some of the world’s most innovative exploration & production and oilfield service and technology companies. Exclusive c-suite interviews are part of the premium content that is included with an annual subscription to Oil & Gas 360®, but these interviews
“It will get to a point where it’s actually artificial intelligence that’s drilling our wells for us, with us observing” – Tim Dove, CEO, Pioneer Natural Resources There are a lot of smart E&P companies rambling around West Texas, the place that has dominated the energy spotlight for the past year or two. Ask anybody who’s been looking at shale:
Energy XXI Gulf Coast, Inc. (ticker: EXXI) has appointed Douglas E. Brooks as its CEO and president, effective April 17, 2017, the company announced in a news release. The Energy XXI Gulf Coast Board of Directors concurrently increased the size of the board from six to seven directors and named Brooks to fill the newly-created directorship. Brooks served most recently as the CEO for Yates Petroleum Corporation, a
