Post Tagged with: "upstream"

Source: Enverus

Drillinginfo Announces Name Change

By Tyler Losier, Energy Reporter, Oil & Gas 360

Drillinginfo changes corporate name to Enverus
Drillinginfo, an energy SaaS and data analytics company, is officially changing its corporate name to Enverus, marking both the company’s 20th anniversary and its achievement

Kayne Anderson Makes $100 Million Upstream Investment

Kayne Anderson Makes $100 Million Upstream Investment

By Tyler Losier, Energy Reporter, Oil & Gas 360

Kayne Anderson Energy Fund VIII invests $100 million in newly-formed Indianola Energy
Kayne Anderson Capital Advisors LP, through its Kayne Anderson Energy Fund VIII LP, has made a $100 million equity

Source: Elevate Midstream Partners

Tailwater-Backed Elevate Midstream Enters into Eight Year Agreement with Sabine Oil and Gas

By Tyler Losier, Energy Reporter, Oil & Gas 360

Elevate Midstream Partners enters into eight year gathering and treating agreement with Sabine Oil and Gas
Elevate Midstream Partners LLC, a private company based out of Houston, has entered into an

Halcón Resources Appoints New CFO as Restructuring Process Continues

Halcón Resources Appoints New CFO as Restructuring Process Continues

By Tyler Losier, Energy Reporter, Oil & Gas 360

Halcón Resources selects Ragan T. Altizer as its new EVP, CFO, treasurer
Halcón Resources Corporation (stock ticker: HKRS), currently undergoing Chapter 11 reorganization proceedings, has appointed Ragan T. Altizer as its

Source: Royal Dutch Shell

Shell Invests in New Deep-Water Gulf of Mexico Project, Sells Assets to Equinor and Noreco

By Tyler Losier, Energy Reporter, Oil & Gas 360

Shell Offshore Inc. makes final investment decision for PowerNap deep-water project in U.S. Gulf
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc (stock ticker: RDS-A, RDS-B), has reached a

Source: Abu Dhabi National Oil Company

Singapore’s Sovereign Wealth Fund Joins KKR and BlackRock in Abu Dhabi Pipeline Investment

By Tyler Losier, Energy Reporter, Oil & Gas 360

Combined investment in Abu Dhabi National Oil Company’s pipeline project reaches almost $5 billion
Source: Abu Dhabi National Oil Company

Singapore’s sovereign wealth fund, GIC, has entered into an agreement with

Japan’s Osaka Gas to Acquire Haynesville Shale-Focused American E&P

Japan’s Osaka Gas to Acquire Haynesville Shale-Focused American E&P

By Tyler Losier, Energy Reporter, Oil & Gas 360

Japanese company Osaka Gas to acquire Texas-based Sabine Oil & Gas Corporation
Osaka Gas, a vertically integrated Japanese energy company, has entered into a definitive agreement with Houston-based Sabine Oil &

E&P Forms $500 Million JV With PE Firm

E&P Forms $500 Million JV With PE Firm

By Tyler Losier, Energy Reporter, Oil & Gas 360

Colony Capital agrees to invest up to $500 million in California Resources Corporation
California Resources Corporation (stock ticker: CRC) has formed a strategic joint venture with Colony HB2 Energy, the energy

Source: Utica East Ohio

Ohio Snags $74 Billion from Shale Investment Since 2011

Ohio home to $4.6 billion in shale industry investment in the first half of 2018 - new CSU study
Total investment in Ohio’s resource rich shale energy sector has reached $74 billion since tracking began in 2011, according to a

ExxonMobil to Restructure Upstream Business by April 1

ExxonMobil to Restructure Upstream Business by April 1

ExxonMobil centralizing via four new companies
The world’s largest publicly-traded integrated oil company, ExxonMobil, is retooling its upstream business to support its corporate plan to double operating cash flow and earnings by 2025.

“We’re simplifying and integrating our upstream organization

January 31, 2019 - 5:19 pm Closing Bell Story‎, Oil and Gas 360 Articles
Texas Has Recovered Half of Oil and Gas Jobs Lost to Downturn

Texas Has Recovered Half of Oil and Gas Jobs Lost to Downturn

From Houston Chronicle

Oil and gas companies in Texas added 2,400 exploration and production jobs in October, marking 23 consecutive months of job growth, according to the Texas Oil & Gas Association.

The association, citing data from the Texas Workforce …

December 12, 2018 - 1:52 pm Closing Bell Story‎, Energy News, Jobs
Chevron Aims $3.6 Billion at the Permian in 2019

Chevron Aims $3.6 Billion at the Permian in 2019

Chevron announces a $20-billion total CapEx budget for 2019
Yesterday, Chevron Corporation (stock ticker: CVX) provided more details on its 2019 organic capital and exploratory spending program.

Total capital and exploratory expenditures will increase approximately 9.3% from 2018-2019, including  an

December 7, 2018 - 3:51 pm Closing Bell Story‎, Popular 2
EQT Announces Leadership Changes

EQT Announces Leadership Changes

EQT Announces Leadership Changes

October 26, 2018 - 7:00 am Closing Bell Story‎, Press Releases
Source: EQT

EQT Elects New Directors

EQT Announces Appointment of New Directors

October 25, 2018 - 11:40 am Closing Bell Story‎, Corporate Governance, Press Releases
EQT Updates Spin-off of Equitrans Midstream

EQT Updates Spin-off of Equitrans Midstream

EQT Board of Directors Approves Spin-off of Equitrans Midstream Corporation

October 25, 2018 - 6:00 am Closing Bell Story‎, Press Releases
Photo by Mike Goldwater"

Small U.S. Oil Producers Face Output Squeeze as Pipelines Fill

From Reuters

As pipelines out of the largest U.S. oil field reach capacity in the coming months, further depressing West Texas crude prices, smaller producers will have to slow or shut-in production, according to oil executives.

Soaring production in U.S. …

Private Equity: Delivering Capital Upstream

Private Equity: Delivering Capital Upstream

In the context of the total business sector, the global private equity industry raised a record $453 billion from investors in 2017, leaving it with more than $1 trillion to pour into companies and new business ventures, Reuters reported at …

LINN Energy Debt Free, Outlines Plan to Split into Three Companies

LINN Energy Debt Free, Outlines Plan to Split into Three Companies

LINN Energy, Inc. (ticker: LNGG) reported its 2017 results today and provided details on its announced split into three entities.

“Through our successful divestiture program of almost $2.0 billion, we have extinguished all our debt, executed on our share repurchase …

EQT Splits Upstream and Midstream Businesses

EQT Splits Upstream and Midstream Businesses

Tax-free separation creates two Appalachian-based energy companies

EQT Corporation (ticker: EQT) has approved a plan to separate its upstream and midstream businesses, creating a standalone publicly traded corporation (NewCo) that will focus on midstream operations. The separation is intended to …

EnerCom Dallas 2018 Presenter: Alta Mesa Resources, Inc.

EnerCom Dallas 2018 Presenter: Alta Mesa Resources, Inc.

Alta Mesa Resources, Inc. is a new company that was announced on August 16, 2017 that will combine Silver Run Acquisition Corporation II, Kingfisher Midstream, LLC and Alta Mesa Holdings, LP. The company has its asset base concentrated in the …

Challenges for Western Canada Heavy Oil Point to Continued Export to U.S. Gulf Coast

Challenges for Western Canada Heavy Oil Point to Continued Export to U.S. Gulf Coast

IHS Markit has released a new study called, “A New Look: Extracting Value from the Canadian Oil Sands.” The report presents a post-oil price collapse update to a 2013 analysis on the economics of processing heavy oil in Alberta and …

November 28, 2017 - 5:10 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles, Oil Sands
EnerCom Dallas investment conference

What’s not to Love? EnerCom Dallas Showcases Oil Producers in Southeastern Europe, U.S., Canada, South America

Strong EnerCom Dallas conference registrations point to 2017 energy sector uptick

EnerCom Dallas, EnerCom’s Texas-based oil and gas investment conference, will bring together a slate of upstream producers and oilfield technology innovators working in key global oil and gas jurisdictions. …

The Capital Markets are Open to Oil & Gas: PLS

The Capital Markets are Open to Oil & Gas: PLS

PLS Capitalize™ Report: Oil & gas industry raised $186 Billion through U.S. public offerings in 2016; PLS predicts surge in M&A activity in 2017

Houston’s oil and gas research firm PLS Inc. provided the following statistical review of capital markets …

Oil Prices Go Up after 2017:  EIA

Oil Prices Go Up after 2017: EIA

NatGas Use in Electricity Generation Soars through 2040: EIA Report

The U.S. Department of Energy’s Energy Information Agency released its newest comprehensive report today, its Annual Energy Outlook 2016. As to the agency’s projections for oil and gas prices and …

Energy Opportunities are in the Sights of Private Equity Firms: An Exclusive Interview with Jason Downie, Co-Founder of Tailwater Capital

Energy Opportunities are in the Sights of Private Equity Firms: An Exclusive Interview with Jason Downie, Co-Founder of Tailwater Capital

“There’s a lot of capital on the sidelines. … From a timing perspective, I would imagine there’s a major effort to deploy capital this year.” – Jason Downie, Tailwater Capital

The energy space has changed. But with change comes opportunity, …

Shell Management Day – Reshaping the Company

Shell Management Day – Reshaping the Company

We grow to simplify

In Shell’s (Ticker: RDSA) management day meeting Nov. 3, 2015, the executive team discussed the current state of the oil and gas industry, commodity prices, the BG acquisition and Shell’s plans upcoming. Some comments from CEO …

Upstream MLPs Getting the Worst of Commodity Downturn

Upstream MLPs Getting the Worst of Commodity Downturn

Oil & Gas 360 Exploration & ProductionDown more than 50% Year to Date

Oil and gas companies are tightening the purse strings for 2015, as several news releases on guidance are showing capex declines of 20% or more. Commodity hedges may protect most companies from further …