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Most-Read Stories of 2018

Most-Read Stories of 2018

Jury slams Texas frac company with $100-million verdict, M&A deals proliferate, and Colorado oil and gas flirts with a setback disaster: 2018’s most read stories

In addition to Oil & Gas 360’s coverage of oil and gas company financial …

Samson Oil & Gas to Secure 50,000 Williston Basin Acres in Transformative Acquisition

Samson Oil & Gas to Secure 50,000 Williston Basin Acres in Transformative Acquisition

Samson Oil & Gas (ticker: SSN) has nearly doubled its output overnight, announcing a $16.5 million acquisition on January 6, 2016. The properties currently produce 720 BOPD from 41 net producing wells and contain proved reserves of 8.5 MMBO as …

Natural Gas Prices Dip After Reaching a Six Week High

Natural Gas Prices Dip After Reaching a Six Week High

The timing may have taken longer than expected, but natural gas prices are finally on the rise.

Spot prices for Henry Hub closed at $2.37 on December 29, 2015, marking a six week high and the third straight day of …

Energy Market Upside: Cimarex continues to push the limits in low price environment

Energy Market Upside: Cimarex continues to push the limits in low price environment

Cimarex Balances Innovation and Efficiency

Cimarex (ticker: XEC) continues to look for the best long-cycle returns on their drilling, and the company appears to have found it in its long-length laterals.

The company is increasingly looking to improve the efficiency …

Oil Trade is Fertile Ground for Turkey-Russian Tensions

Oil Trade is Fertile Ground for Turkey-Russian Tensions

Turkey threatens to cut off oil from Black Sea ports

As tensions continue to rise following Turkey’s decision to shoot down a Russian fighter jet November 24, the oil trade has become a target in an exchange of blows. Russian …

MarkWest Energy: Anatomy of a Bad Deal

MarkWest Energy: Anatomy of a Bad Deal

MarkWest Energy:  Sold.  “For Pennies on the Dollar.”  Unitholders Say “No” on Management Bonus Payments

MarkWest Energy Partners (ticker: MWE) distributed a news release announcing that unitholders approved the merger with MPLX (ticker: MPLX), an MLP created by Marathon Petroleum …

Deposits in Saudi Banks Down $13.5 Billion in October

Deposits in Saudi Banks Down $13.5 Billion in October

Saudi Arabia sees a squeeze in liquidity as oil prices remain low

Demand for deposits dropped 4.7%, or about $13.5 billion, in Saudi Arabia over the course of October, forcing banks to borrow more from each other. The rate at …

OPEC Countries: When the Money Runs Out, Then What?

OPEC Countries: When the Money Runs Out, Then What?

Bridging the budget gap

Lower commodity prices have hurt the economies of all of OPEC’s members considerably, with many of them needing to borrow money to bridge the budget gap. Libya, in particular, is expected to need large loans through …

BP Signs $18.5 Billion of Oil and Gas Contracts with China

BP Signs $18.5 Billion of Oil and Gas Contracts with China

BP strengthens ties with CNPC for shale exploration and fuel retailing

British oil giant BP (ticker: BP) announced today that the company signed a number of deals with China National Petroleum Corporation (CNPC) during Chinese President Xi Jinping’s state visit …

Will Russia Survive the Oil & Gas Downturn?

Will Russia Survive the Oil & Gas Downturn?

Russia Experts Discuss How Today’s Commodities Prices and Shifting Market Dynamics are affecting the Russian Oil & Gas Industry in this Exclusive Oil & Gas 360® Analysis

Around the world, in places where oil and gas is a dominant resource, …