Exploration & Production

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America Resources Exploration Acquires Texas Oil Field Leases

Leases are in Callahan County, Texas, on about 700 acres. There are six shallow wells in Jane's Cross Plains Sand pay zone. Other pay zones include Strawn and Cisco formations. 

Erin Pedigo
Thu, 09/03/2015 - 11:20
Free

Nine Energy Service Acquires G 8 Oil Tool

Athens, Texas-based G 8 provides composite plugs used for plugging, perforating and fracturing, and other tools for operators in the Marcellus, Eagle Ford, Permian Basin and Utica. 

Erin Pedigo
Thu, 09/03/2015 - 10:32
Free

Rosneft: Sinopec May Buy Stake In Two Fields

The option is part of an agreement on cooperation within the proposed joint development of the two oil fields that was signed in Beijing, Rosneft said in a statement.

Thu, 09/03/2015 - 08:51
Free

Aggreko Acquires ICS Group’s Equipment Rental Business

Aggreko, which provides modular, mobile power and related solutions to the oil and gas industry, will gain more than 60 experienced and skilled employees and more than 2,100 fleet assets.

Wed, 09/02/2015 - 16:08
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WPX Closes Sale Of Powder River Coalbed Methane Assets

WPX also plans to sell another $400 million $500 million in asset throughout 2016. Additional sales of midstream infrastructure, nonoperated properties or other assets are possible.

Wed, 09/02/2015 - 09:06
Free

EU Regulators Clear Shell's Purchase Of BG Group

The European Commission said the transaction would not grant Shell market power in oil and gas exploration, the liquefaction of gas and the wholesale supply of liquefied natural gas.

Erin Pedigo
Wed, 09/02/2015 - 08:40
Free

Linn Closes Sale Of Remaining Permian Wolfcamp Acreage

Properties in Howard County, Texas, cover about 6,400 net acres prospective for horizontal Wolfcamp drilling. About 2 thousand barrels of oil equivalent per day are produced from 133 gross wells.  

Tue, 09/01/2015 - 16:34
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Penn Virginia Wraps Up East Texas Asset Sale

The Radnor, Pa.-based company said in a July 15 SEC document it planned to assess its financing and liquidity requirements as 2015 progresses.

Emily Moser
Tue, 09/01/2015 - 08:38
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Common Resources Looking To Sell Operated Woodford Silt Assets

Common Resources III LLC is selling certain operated assets in the Woodford Silt in West Texas.

The assets are located in the Circuit Rider Project in Terry and Gaines counties, Texas.

The Oil & Gas Asset Clearinghouse has been retained by The Woodlands, Texas-based company to be its  exclusive technical, marketing and transaction adviser for the sale.

Emily Moser
Mon, 08/31/2015 - 11:47
Free

Keppel Buys Cameron’s Offshore Rig Business

The business includes the LETOURNEAU jackup rig designs, rig kit business and aftermarket services, Keppel Offshore & Marine said in a news release.

Mon, 08/31/2015 - 09:07
Free

French E&P Maurel & Prom Will Reacquire Former Nigeria Unit

Maurel & Prom said deal, due to be completed in December, would add Nigeria to its Gabon and Tanzania operations, giving it presence in three key sub-Saharan producers, Reuters said.

Erin Pedigo
Fri, 08/28/2015 - 09:36
Free

OEG Offshore’s US Business Merges With CRT

Range of cargo carrying units includes baskets and containers certified to international standards, and certified cutting boxes and DNV/MPT portable chemical tanks for rental alongside pumps and operated vacuum services.

Erin Pedigo
Fri, 08/28/2015 - 09:27

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