Report: Oil Producers Boost 2019 Hedging
In 2018, oil has been steadily rising, which presents a risk for producers if they hedge at levels below the current price, so some companies elected not to hedge.
Icahn Adds More Nominees To SandRidge Slate After Board Expansion
Activist investor Carl Icahn on May 11 added Jonathan Christodoro and Nancy Dunlap to his slate for the board of SandRidge Energy.
Great Salt Plains Acquires Midstream Company In Oklahoma's Stack
Great Salt Plains Midstream said the Thunderbird acquisition provides immediate processing capacity and continues its buildout of infrastructure in Oklahoma's Stack play.
Devon Energy Raises 2018 Production Outlook, Shares Climb
Devon also said it reached an agreement with DowDupont in which the chemicals producer will pay $75 million over five years for a half interest in 116 undrilled locations in the Barnett.
Continental Resources Announces Firm Transportation Agreement On Enable's Project Wildcat
Continental Resources Inc. (NYSE: CLR) announced the execution of a firm transportation agreement on Enable Midstream Partners' (NYSE: ENBL) Project Wildcat.
Canyon Creek Forms JV To Accelerate Arkoma Stack Drilling
Canyon Creek CEO Luke Essman said the JV partnership with Pivotal Petroleum Partners signals a renewed interest in the Arkoma.
Oklahoma Regulators Order Disposal Well Shut, More Reductions After Quakes
Oklahoma regulators on April 19 ordered a wastewater disposal well shut and told two operators to reduce injection volumes, the second such directive in less than two weeks after a series of earthquakes shook the state.
‘2 Ships’ Sail Same Rough Energy Sea
Both midstream and upstream must navigate through changes in the energy business, says IHS Markit expert.
Breitburn Bankruptcy Exit Sign Energy Industry Is Rebounding
The turnaround of Breitburn, which encountered many hurdles during its two-year Chapter 11 bankruptcy, indicates ‘better times in the energy industry.’
Carl Icahn Nominates Five To Replace Entire SandRidge Board
Last week, SandRidge said it would evaluate buyout offers, including Icahn's after he said he planned to nominate directors who would push for a sale of the company.