Ellen
Chang
Contributor
Royale, CRPC Make Gas Discovery In California’s Rio Vista Field
California-based Royale Energy Inc. said its first well drilled as part of a joint venture (JV) with California Resources Production Corp. (CRPC) has hit natural gas in the Rio Vista Field.
Enable Midstream Taps Craig Harris For Newly-Established COO Position
Craig Harris will assume the newly established role as COO designed to further strengthen Enable Midstream’s position as a leader in the midstream sector.
Williams Promotes Scott Hallam To Oversee Atlantic-Gulf Operating Area
In his new role as senior vice president over the company’s Atlantic-Gulf operating area, Scott Hallam will succeed Frank Ferazzi who is retiring after a decades-long career at Williams.
Found: Small, Strategic Capital For Oil Producers
These private equity firms fund both conventional- and unconventional-resource ideas and oil and gas producers needing less than $200 million to make their plays.
Post Oak Backs Houston-Based Downhole Tools Provider With $50 Million Commitment
Post Oak Energy Capital led a $50 million equity commitment to Prime Downhole Holdings, a Houston-based downhole tools provider formed by CEO Leif Syversenn.
Barclays Forecasts Rise In Global 2019 E&P Spending
E&P spending in North America is expected to lag behind international markets, where some regions could see double-digit spending growth.
TransCanada Plans Name Change To TC Energy
New name will better reflect the company’s presence throughout North America, says CEO Girling.
Chevron, Occidental Invest In Bill Gates-Backed CO2 Removal Technology
The Chevron and Occidental deal marks the first significant investment by energy groups into the technology developed by Carbon Engineering, a Bill Gates-backed start-up based in Canada.
Shale Producer Chesapeake Energy’s Output Tops Expectations
Chesapeake Energy also revealed that output growth from the Powder River Basin and Eagle Ford Shale has made up for the sale of its Utica assets.
US Energy Investors Eye Cheap Takeovers As Oil Prices Sink
Sinking oil prices are turning distressed U.S. energy companies, such as Gastar Exploration, Parker Drilling and Waypoint Leasing, into takeover targets for opportunistic private investors.