Tokyo Gas Buys Stake In Castleton's East Texas Gas Unit
Tokyo Gas did not reveal the price for the stake in Castleton, which owns and operates over 160,000 net acres of leasehold in East Texas with access to the Cotton Valley and Haynesville Shale.
Heyday In The Haynesville
Monster fractures and M&A are boosting regional activity in the ArkLaTex.
Oilfield Automation: How E&Ps Stay Profitable At Stagnant Oil Prices
Whether ‘lower for longer,’ ‘lower forever’ or the ‘new normal,’ oil prices in the $50 range require E&Ps to rethink how to do business.
For US E&Ps, Is Recovery A Slow And Steady Circle?
Some E&Ps are ramping up production, spending more, ignoring balance sheet repair and continuing to get rock bottom prices from oilfield service companies. Can the recovery handle it?
Supreme Court Rejects Chesapeake's Bid In Bonds Dispute
The justices refused to hear Oklahoma City-based Chesapeake's appeal of a September 2016 ruling by the New York-based 2nd U.S. Circuit Court of Appeals in favor of bondholders.
Less Exploration Spend, Falling Reserves Could Mean Supply Shortfall
The head of the world’s largest oilfield service company says the world could face a medium-term supply deficit given today’s reserves depletion rate and falling exploration spending.
Covey Park Pays Down Debt As It Explores IPO
Deals in 2016 by Covey Park, the largest acreage holder in the Haynesville/Bossier shales, have fueled speculation that it might explore an IPO.
Trump To Sign New Executive Orders On Environment, Energy
Trump this week will sign new executive orders, including two on energy and the environment, which would make it easier for the U.S. to develop energy on and offshore, a White House official said April 23.
Halliburton Reports Smaller Quarterly Loss
Net loss attributable to Halliburton narrowed to $32 million, or 4 cents per share, in the first quarter ended March 31, from $2.41 billion, or $2.81 per share, a year earlier.
Early Data: Sabine LNG Exports Are Swing Cargoes In Global Markets
Analysis from Haynes and Boone, Poten & Partners indicates positive signs for North American industry.