Brookfield Business Partners to Acquire 60% of Teekay Offshore Partners L.P.
July 26, 2017
Brookfield Business Partners to Acquire 60% of Teekay Offshore Partners L.P.
TechnipFMC Announces Second Quarter 2017 Results
July 26, 2017
TechnipFMC Announces Second Quarter 2017 Results
Athabasca Oil Corporation Announces 2017 Second Quarter Results
July 26, 2017
Athabasca Oil Corporation Announces 2017 Second Quarter Results
Western Energy Services Corp. Releases Second Quarter 2017 Financial and Operating Results
July 26, 2017
Western Energy Services Corp. Releases Second Quarter 2017 Financial and Operating Results
Suncor Energy reports second quarter 2017 results
July 26, 2017
Suncor Energy reports second quarter 2017 results
Oil Prices Rise as Crude Inventories Slide Below 2016 Levels
July 26, 2017
This week’s draw more than twice expectations Crude oil inventories are, at long last, below record levels once again, according to the latest inventory report released by the EIA. The EIA reported an inventory draw of 7,208 MBBL this week, the fourth straight week of significant inventory decreases. According to Bloomberg, analysts expected a draw of 3,125 MBBL, less than
Anadarko Q2: Permian Growing, GOM Production will Maintain through 2019
July 26, 2017
With its second quarter reporting, Anadarko Petroleum Corp. (ticker: APC) reported an average production of 631,000 BOEPD and said it reduced its investments by $300 million for the year. In its Delaware basin assets, Anadarko’s oil production averaged 33,000 BOPD—a 52% increase from its Q2 production in 2016. The company’s 2017 guidance was revised down from 235 to 239 MMBOE
EnerCom Announces Private Company Presenters and Panel at the Oil & Gas Conference® in Denver
July 26, 2017
Often times it’s the private E&Ps that crack new information at the EnerCom conference. EnerCom is pleased to announce this year’s private company participants: Fifth Creek Energy Fifth Creek Energy, headquartered in Denver, Colorado, is focused on developing assets in the Denver-Julesburg basin. In the DJ, Fifth Creek holds approximately 60,000 net cares with approximately 800 potential two-mile lateral locations.
Current DUC Inventory will Require $20.8 Billion to Complete: EnerCom
July 26, 2017
6,031 wells awaiting completion: a lot of untapped horsepower demand waiting in the wings While drilling activity has risen sharply in recent months, completions work has not quite kept up. The number of drilled uncompleted wells in the U.S. has been rising since November, and is now at record levels, according to the EIA. In total, there are just over
TransCanada to Be Reimbursed Following Pacific NorthWest LNG Dump
July 26, 2017
TransCanada Corporation (ticker: TRP) will be reimbursed for all of the costs and charges it incurred to develop the Prince Rupert Gas Transmission (PRGT) project, following the announcement from Pacific NorthWest LNG that it was cancelling its approximately $11 billion liquefied natural gas terminal. Pacific NorthWest LNG is an affiliate of the Malaysian oil and gas company, PETRONAS. The PRGT
