Penspen strengthens US offering with four senior appointments
Dec 16, 2015
Penspen has appointed four key members to its team, as part of its ongoing expansion in the Americas region.

New compact tool provides high-quality imaging in challenging wells
Dec 16, 2015
Weatherford International plc announced the official launch of its Compact oil-base mud microimager (COI), a slim-profile tool that delivers fullbore, high-definition images in wells

Technip certified in 5 additional countries to the EDGE standard
Dec 15, 2015
Technip and EDGE Certified Foundation announce that Technip entities in Australia, Malaysia, United Kingdom, United Arab Emirates and United States have been certified to the

Magnum Hunter announces new record throughput volumes at Eureka Hunter
Dec 15, 2015
Magnum Hunter Resources Corporation says that throughput volumes on Eureka Hunter Pipeline, LLC's gas gathering pipeline system located in West Virginia and Ohio reached

Saturn Minerals updates Bannock Creek oil exploration well
Dec 15, 2015
Saturn Minerals Inc. says that the Company's technical team and advisors tested the ground conditions again on December 11 and 13 for drilling the Bannock Creek 9A-5

Baker Hughes Incorporated announces weekly Rig Count
Dec 15, 2015
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -28 to 709 rigs

Encana focuses 2016 capital program on core four assets
Dec 15, 2015
Encana released a highly disciplined 2016 capital program which directs 95 percent of its total $1.5 billion to $1.7 billion planned investment to its core four assets.

Trinidad Drilling declares 2016 capital program
Dec 15, 2015
Trinidad Drilling Ltd. expects to spend approximately $30 million in capital expenditures in 2016, with an additional $15 million available to be spent on select upgrades, depending

Ikon Science release RokDoc 6.3.1
Dec 15, 2015
Ikon Science has released its flagship RokDoc software version 6.3.1. This latest release contains a number of new features, enhancements, maintenance and defect fixes,

Darren Woods elected President of Exxon Mobil and member of Board of Directors
Dec 15, 2015
Darren W. Woods has been elected president of Exxon Mobil Corporation and a member of the board of directors, effective Jan. 1, 2016. The election of Woods,

GulfMark Offshore appoints William C. Martin to board of directors
Dec 14, 2015
GulfMark Offshore, Inc. has appointed William C. Martin to the Company's Board of Directors. Mr. Martin, 38, is Chairman and Chief Investment Officer of Raging Capital

Midstates Petroleum declares change in company leadership
Dec 14, 2015
Midstates Petroleum Company, Inc. says that Mark E. Eck, Executive Vice President and Chief Operating Officer, will resign from his position effective January 4, 2016 to pursue other

Occidental Petroleum makes management and board appointment
Dec 14, 2015
Occidental Petroleum Corporation declares that its Board of Directors has promoted Vicki A. Hollub to President and Chief Operating Officer and appointed her to the Board.

Twin Butte Energy initiates strategic review process
Dec 14, 2015
Twin Butte Energy Ltd. believes that the current share price is not reflective of the long term value within the Company's asset base, and therefore has initiated a process to

ConocoPhillips announces 2016 operating plan and capital budget of $7.7 billion
Dec 14, 2015
ConocoPhillips announced its 2016 operating plan. Key highlights from the plan include: $7.7 billion capital budget;1 to 3 percent production growth, adjusted for asset sales; and

Cenovus Energy declares 2016 budget
Dec 14, 2015
Cenovus Energy Inc. expects to invest between $1.4 billion and $1.6 billion in 2016. While allowing for the planned completion of well-advanced oil sands growth projects in 2016,

Raging River Exploration to acquire Viking light oil assets
Dec 14, 2015
Raging River Exploration Inc. has entered into a definitive agreement to acquire Anegada Energy Corp., a privately held corporation with 2,750 boe/d of high quality Viking light oil

Pine Cliff Energy closes $185 million strategic acquisition
Dec 14, 2015
Pine Cliff Energy Ltd. has closed its previously announced acquisition of certain natural gas weighted assets (the "Assets") in the Viking area of Central Alberta and Ghost Pine

Touchstone Exploration updates Trinidad acquisition
Dec 11, 2015
Touchstone Exploration Inc. announces an update to its Trinidad acquisition and reports on discussions with its lender on a review of certain credit facility covenants.

Lankhorst mooring lines for Libra FPSO
Dec 11, 2015
Offshore rope manufacturer, Lankhorst Euronete Brasil (LEB), has been awarded a contract by OOGTK Libra GmbH & Co KG to supply the Polyester Mooring Ropes for a Floating Production, Storage and Offloadin

Chevron declares $26.6 billion capital and exploratory budget for 2016
Dec 11, 2015
Chevron Corporation announced a $26.6 billion capital and exploratory investment program for 2016. Included in the 2016 program are $4.5 billion of planned expenditures by affiliates. The 2016 budget is

Teekay Corporation makes changes to its Board of Directors
Dec 11, 2015
Teekay Corporation says that Mr. Alan Semple and Mr. Bill Utt have each accepted an invitation to join Teekay's Board of Directors, effective immediately. Mr. Semple and Mr. Utt will replace Mr. William B Berry

Baytex announces 2016 budget and amendments to bank credit facilities
Dec 11, 2015
Baytex Energy Corp. says that its Board of Directors has approved a 2016 capital budget of $325 to $400 million, which is designed to generate average annual production of 74,000 to 78,000 boe/d.

Parsley Energy to acquire certain properties in Midland Basin
Dec 11, 2015
Parsley Energy, Inc. has entered into an agreement to acquire certain undeveloped acreage and producing oil and gas properties located adjacent to the Company's existing operating areas in Upton,