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USA
WPX Energy increases hedge position and reduces debtJan 21, 2016WPX Energy has added more hedges to protect cash flows and repurchased a portion of notes that are due in early 2017.
Paradigm releases Paradigm Sysdrill 10.5Jan 21, 2016Paradigm® has released Paradigm Sysdrill® 10.5, the latest version of its integrated suite of well planning and drilling engineering applications.
FEI releases PerGeos for digital rock analysisJan 21, 2016FEI has released PerGeos™, the industry’s first comprehensive digital rock software that helps geoscientists rapidly interpret and model digital rock imagery so that exploration & production
Mitsubishi Corporation acquires full ownership of CIMA EnergyJan 21, 2016Mitsubishi Corporation (MC) has acquired all remaining partnership interest in its affiliated company, CIMA ENERGY, LTD. (CIMA), a Houston based oil and gas marketer, through
Northcote Energy substantially improves its balance sheetJan 21, 2016Northcote has substantially improved its balance sheet through two transactions with Shoats Creek Development, Inc. ('SCDI'), its partner in the development of the Shoats Creek Field,
Nighthawk Energy's hearing for water flood project approval postponedJan 21, 2016Nighthawk says that on January 18, 2016, the Company received formal notification from the Colorado Oil and Gas Conservation Commission ('COGCC') that the Company's hearing for
AKITA Drilling declares Chief Financial Officer succession planJan 20, 2016AKITA Drilling Ltd. says that Murray Roth, Vice President, Finance and Chief Financial Officer, has provided AKITA with notification of his intention to retire on May 13, 2016.
Connacher Oil and Gas to reduce production at Great DivideJan 20, 2016Connacher Oil and Gas Limited says that in light of exceptionally low commodity prices, the Company plans to further reduce production at Great Divide.
Clayton Williams Energy confirms status of strategic reviewJan 20, 2016Clayton Williams Energy, Inc. previously disclosed that its Board of Directors had initiated a review of strategic alternatives to enhance shareholder value and had engaged
FARO® launches Smart 3D imager arraysJan 20, 2016FARO Technologies, Inc. launches highly-adaptable 3D imager arrays that promise to drive automated industrial manufacturing metrology processes to the next level.
Baker Hughes announces weekly rig countsJan 19, 2016Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -14 to 650 rigs
ExxonMobil, Hunting’s Titan division to develop autonomous tools technologyJan 19, 2016ExxonMobil Upstream Research Company has signed a joint development agreement with Hunting’s Titan Division to develop new autonomous tools technology focused on creating a step change
Empyrean Energy to sell Sugarloaf AMI project for up to $71.5 millionJan 19, 2016Empyrean Energy has entered into a conditional purchase and sale agreement with Carrier Energy Partners II, LLC, a Delaware corporation, to dispose of all of its right, title
TennStar Energy acquires a stake in 21 well lease in Caldwell CountyJan 18, 2016The EOR21, JV is a Twenty One (21) Well Enhanced Oil Recovery Project located in Caldwell County, Texas. Twenty One (21) of the wells are proven productive vertical oil wells. Six (6) of the wells
Gulf Coast Western to develop large acreage in LouisianaJan 18, 2016Gulf Coast Western, LLC says its subsidiary, Orbit Gulf Coast Exploration, LLC, has acquired substantially all of the assets of Lafayette, Louisiana-based Orbit Energy Partners, LLC.
PetroShare Corp. to acquire additional lease in ColoradoJan 18, 2016PetroShare Corp. has entered into a non-binding Letter of Intent with Kerr McGee Oil & Gas Onshore LP for the acquisition of a producing well and associated leases within its Todd Creek
BHP Billiton declares onshore US asset reviewJan 18, 2016BHP Billiton expects to recognise an impairment charge of approximately US$4.9 billion post-tax (or approximately US$7.2 billion pre-tax) against the carrying value of its Onshore US assets.
Seadrill and DSME agree to defer delivery of drillshipsJan 18, 2016Seadrill Limited has reached an agreement with DSME shipyard to defer the delivery of two ultra-deepwater drillships, the West Aquila and West Libra, until the second quarter of 2018
Offshore Group Investment gets approval of prepackaged restructuring and recapitalization planJan 18, 2016Offshore Group Investment Limited and its affiliated chapter 11 debtors have received court approval of their prepackaged restructuring and recapitalization plan (the "Prepackaged Plan")
Lilis Energy appoints new Chairman and DirectorJan 15, 2016Lilis Energy has appointed Director Ronald D. Ormand as Chairman of the Board of Directors. Former Chairman Nuno Brandolini, who served in that role since April 2014, will remain
Incremental Oil and Gas increases PDP reserves by 75% at Silvertip fieldJan 15, 2016Incremental Oil and Gas has increased its independently certified net Proven Developed Producing (PDP) reserves by 75% to 1,021.7 MBOE at its Silvertip Oil and Gas Field in
Ashtead secures deal with nCentric to supply cutting edge wireless technologyJan 14, 2016Ashtead Technology is to provide fast, reliable and more cost-effective broadband communications between rigs and vessels and onshore facilities following a worldwide
Bahamas Petroleum speaks on new Petroleum BillJan 14, 2016Bahamas Petroleum Company says that the Bahamian House of Assembly passed a new Petroleum Bill and associated Regulations and a Sovereign Wealth Bill in December 2015.
Halliburton and Baker Hughes respond to European Commission actionJan 14, 2016Halliburton Company and Baker Hughes Incorporated noted the decision by the European Commission (the “Commission”) to initiate a Phase II review of Halliburton’s pending acquisition
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