Producers and service providers including Resource Energy Partners, Baker Hughes, Bison Oil & Gas and Schlumberger discuss how big data can deliver insights into reservoir behavior and inform successful well completions
Vanguard’s founder Scott W. Smith stepped down as president and CEO after leading the Houston-based E&P for more 10 years including through financial restructuring in 2017.
The third quarter’s transactions totaled about $8.3 billion, the lowest since the cyclical oil price bottom hit the industry in first-quarter 2016.
Panelists on the A&D Strategies and Opportunities conference roundtable ‘Following the Money’ said the newest interest is in the Rockies.
The company said it signed an agreement to sell its Pinedale assets and closed the sale of noncore Wyoming assets.
Quantum formed Middle Fork Energy Partners—a new E&P focused in the Rocky Mountain region—with an initial capital commitment of more than $200 million.
Getting the Trump administration to repeal the BLM methane rule had been a top priority of the oil and gas industry, but not all Republicans supported the measure because it would make it difficult to regulate methane waste in the future.
At the Energy Capital Conference, A&D gurus mused over the current wealth of deals in the Permian, the selloff elsewhere for capital and transactions hurtling toward the Powder River Basin.
Anadarko Petroleum reported a bigger-than-expected quarterly loss on May 2, as expenses rose about 53%, failing to offset gains from higher crude prices.
Linn Energy emerged from bankruptcy protection in February and is marketing several assets as it looks to focus on the Scoop, Stack and Merge plays.