Monday, January 6, 2025
EnerCom Conference The Oil & Gas Conference

New White House Immediately Launches Energy Plan Embracing Shale

The White House says it is focused on lifting climate-driven restrictions, developing $50 trillion in oil and gas, opening up federal lands and developing clean coal President Trump wasted no time moving forward his energy intentions. After being sworn in Friday morning, the Trump White House got started by posting memos that updated two top priorities – energy and jobs. The White

Double-Digit Gains in the Permian Lead Growth in the Rig Count

U.S. rig count is growing, particularly in the Permian, as OPEC appears to be complying The United States rig count grew by 35 in the week ended January 20, 2017, according to Baker Hughes Industries (ticker: BHI). The total count now sits just below 700 at 694, according to the group. The current count is now 57 rigs higher than

Baytex Energy Closes Peace River Acquisition

Acquisition adds 3,000 BOEPD Baytex Energy Corp. (ticker: BTE) announces the closing of its previously announced acquisition of heavy oil assets located in the Peace River area of northern Alberta. Cash consideration for the acquisition of $65 million (net of adjustments) was funded by drawing on Baytex’s revolving credit facilities. The assets are located immediately adjacent to our existing Peace