The ABCs of ABS: Financing Technique Shows Flexibility and Promise

As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.

The ABCs of ABS: Financing Technique Shows Flexibility and Promise

As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.

Baytex Energy Joins Eagle Ford Shale’s Refrac Rally

Canadian operator Baytex Energy joins a growing number of E&Ps touting refrac projects in the Eagle Ford Shale.

BP and NGC Sign E&P Deal for Offshore Venezuelan Cocuina Field

BP and NGC signed a 20-year agreement to develop Venezuela’s Cocuina offshore gas field, part of the Manakin-Cocuina cross border maritime field between Venezuela and Trinidad and Tobago.

CEO: Baker Hughes Lands $3.5B in New Contracts in ‘Age of Gas’

Baker Hughes revised down its global upstream spending outlook for the year due to “North American softness” with oil activity recovery in second half unlikely to materialize, President and CEO Lorenzo Simonelli said.

US Rig Count Makes Biggest Monthly Jump Since November 2022

The oil and gas rig count, an early indicator of future output, rose by three to 589 in the week to July 26. 

Private Equity Looks for Minerals Exit

Private equity firms have become adroit at finding the best mineral and royalties acreage; the trick is to get public markets to pay more attention.

CNX Touts Deep Utica Wells Results as Deferrals Hit Production

Appalachia producer CNX Resources is reporting promising early results from two of three deep Utica Shale wells brought online in central Pennsylvania last quarter.

H&P’s $2B KCA Deutag Deal Positions Driller as Global Powerhouse

Helmerich & Payne’s acquisition of U.K. service company KCA Deutag will expand its international reach, particularly in the Middle East, as well as its onshore presence in the U.S.

Dividends Declared in the Week of July 22

Second quarter earnings are underway, and companies are declaring dividends.