Oil Exploration & Production News

While policymakers are stepping up their commitment to reducing carbon, as the world expands, energy demand continues to grow. An energy transition is underway, with anticipated growth in renewables and nuclear in previously oil and gas dominated regions.

Industry leaders outline a path through a changing energy landscape

Feb 12, 2016

While policymakers are stepping up their commitment to reducing carbon, as the world expands,...

Tight oil production in the U.S. increased from 2007 through April 2015, based on estimates in EIA's Drilling Productivity Report, and accounted for more than half of total U.S. oil production in 2015.

Initial production rates in tight oil formations continue to rise

Feb 11, 2016

Tight oil production in the U.S. increased from 2007 through April 2015, based on estimates i...

Black Mountain Oil & Gas, LLC announces the closing of a $150 million equity commitment from Natural Gas Partners through NGP Natural Resources XI, L.P., the most recent NGP private equity fund focused on natural resources.

Black Mountain Oil and Gas announces partnership with Natural Gas Partners

Feb 11, 2016

Black Mountain Oil & Gas, LLC announces the closing of a $150 million equity commitment f...

WPX has a variety of options for the Piceance proceeds, including leverage reduction, additional drilling, infrastructure investments such as expanding its Permian gathering system, and buying out of any retained transportation obligations.

WPX Energy sells Piceance subsidiary for $910M, also closes OKC office

Feb 10, 2016

WPX has a variety of options for the Piceance proceeds, including leverage reduction, additio...

Only four of the estimated 500 oil and gas companies operating in Colorado say they can't meet the April 1 deadline to implement new safety rules to limit spills during major floods, according to regulators.

Few oil-gas companies say they can't meet new flood rules

Feb 10, 2016

Only four of the estimated 500 oil and gas companies operating in Colorad...

Mining and exploration investment declined 35% in 2015, the second largest year-over-year decline since the U.S. Bureau of Economic Analysis (BEA) began reporting the series in 1948.

U.S. mining and exploration investment declined 35% in 2015

Feb 10, 2016

Mining and exploration investment declined 35% in 2015, the second largest year-ove...

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Oil & Gas Wire News

Intergraph(R) PV Elite(R) Webinar February 25th to Discuss Techniques for Increasi...

Feb 12, 2016 Intergraph(R) PV Elite(R) Webinar February 25th to Discuss Techniques for Increasing Nozzle M...

TransCanada Plans $42 Billion in Near-Term, Long-Term Capital Projects, Sees Loss ...

Feb 12, 2016 TransCanada Plans $42 Billion in Near-Term, Long-Term Capital Projects, Sees Loss on Keystone...

Yuma Energy, Inc. and Davis Petroleum Acquisition Corp. Announce Merger Agreement

Feb 12, 2016 Yuma Energy, Inc. and Davis Petroleum Acquisition Corp. Announce Merger Agreement

Intergraph(R) GT STRUDL(R) Webinar February 23rd to Demonstrate How to Revamp Exis...

Feb 11, 2016 Intergraph(R) GT STRUDL(R) Webinar February 23rd to Demonstrate How to Revamp Existing 3D Pro...
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