South Texas

Archrock Makes $410 Million Acquisition

June 25, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Archrock to purchase ~430,000 horsepower of compression from Elite Compression Services Houston-based Archrock, Inc. (stock ticker: AROC) has entered into a definitive agreement with Elite Compression Services, a JDH Capital-backed company, to purchase substantially all of Elite’s assets for $410 million, including approximately 430,000 horsepower of compression. Archrock will pay Elite

Drilling Down: Equinor Prepares to Tackle new Eagle Ford Shale Projects

November 30, 2018

From Houston Chronicle Norwegian oil giant Equinor will soon be returning to the Eagle Ford Shale of South Texas for a new round of drilling. The exploration and production company has filed for its first new drilling permits in more than six months, seeking permission from the Railroad Commission of Texas to develop three horizontal wells on its South

EOG on a Roll: 9500 Locations, 40 Rigs, 20 Frac Spreads, 720 Planned Completions for 2018

November 2, 2018

EOG Resources (ticker: EOG) reported its Q3 results Thursday, and held its earning call today. Highlights from the Q3 Results include: Raised 2018 Capex Guidance Range to $5.8-$6.0 billion. Third quarter 2018 net income of $1.2 billion, or $2.05 per share. Q3 operating revenues/other of $4.8 billion. To read the complete earnings release, please refer to this link. Heard on the call Chairman

Archrock Makes $410 Million Acquisition

Drilling Down: Equinor Prepares to Tackle new Eagle Ford Shale Projects

EOG on a Roll: 9500 Locations, 40 Rigs, 20 Frac Spreads, 720 Planned Completions for 2018

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