More Companies News

Rex Energy to acquire Marcellus, Utica acreage

Rex Energy Corp., State College, Pa., has agreed to acquire 100% interest in 208,000 gross acres prospective for the Marcellus, Upper Devonian-Burkett, and Utica shales in Pennsylvania and Ohio from Swepi LP, an affiliate of Royal Dutch Shell PLC, for $120 million in cash. The transaction is expected to close in September.

Marcellus/Utica Briefs

Marathon tests water conservation, downspacing in Bakken

Marathon Oil Corp. is seeking to reduce the environmental impact of operations in the Bakken shale by reducing the amount of water used during hydraulic fracturing and testing wastewater recycling techniques.

Canada Briefs

Encana dives into Eagle Ford; deal will double oil production

Encana Oil & Gas (USA) Inc. took a leap forward on plans to increase oil production with its $3.1 billion purchase of assets in the Eagle Ford shale.

Permian briefs

Eagle Ford Briefs

High cost of maintaining Eagle Ford roads strains DeWitt County

Development of the Eagle Ford shale has transformed rural DeWitt County, Tex., into one of the top oil and gas producing counties in Texas, bringing with it a welcome economic stimulus.

House Democrats call for higher federal onshore royalty rates

Rep. Alan Lowenthal (D-Calif.) urged the US Department of the Interior to raise the 12.5% royalty rate oil and gas producers pay for production from onshore federal lands.

Brightoil completes $1.046-billion acquisition of Bohai Bay assets

Brightoil Petroleum Ltd. has closed on its acquisition of interest in two oil producing blocks in Bohai Bay from Anadarko China Holdings 2 Co. Ltd., a wholly owned subsidiary of Anadarko Petroleum Corp., for $1.046 billion.

KMI executes $71-billion consolidation purchase

Kinder Morgan Inc. (KMI), Kinder Morgan Energy Partners LP (KMEP), Kinder Morgan Management LLC (KMR), and El Paso Pipeline Partners LP reported that KMI will acquire all of the outstanding equity securities of KMEP, KMR and El Paso, creating a single publicly traded security, KMI. The total purchase price of the transaction was $71 billion: $40 billion KMI equity, $4 billion cash, and $27 billion assumed debt.

Finlayson appointed InterOil chairman

Chris Finlayson has been named InterOil Corp. chairman-designate. He succeeds Gaylen Byker, who announced at the company’s annual meeting in June that he would retire after 17 years on the board.

PwC: 2Q oil and gas M&A activity strongest in 5 years

The US oil and gas industry experienced a substantial rise in mergers and acquisitions during the second quarter, according to a quarterly report by PwC US Energy Practice.

OGJ Newsletter

International news for oil and gas professionals

AMP acquires additional midstream assets in Eagle Ford

American Midstream Partners LP (AMP) has opted to use, and has received approval of, its right-of-first-offer to acquire the Gonzales County, Tex., full-well-stream gathering system from an affiliate of ArcLight Capital Partners LLC for total consideration not to exceed $110 million. The deal is expected to close late this year or in early 2015.

Market Connections

Successful, small, private E&P Company in Covington, LA has opening for experienced Petroleum Engineer. Work with Mgmt and Earth Scientists, limited supervision, well-organized, team player.  Exp performing O&G well file research, compiling data, preparing AFEs, economics, writing procedures and recommendations.  Exp in supervising workovers, well intervention projects, and knowledge of ops in both onshore and inland waters.  Petroleum Engineering degree or equivalent.  Exp in planning and executing sidetracks and new drills preferred.   Communication skills a must.   Current BOP cert preferred.  Comp benefits.

Gulf Coast Petroleum Engineer

Successful, small, private E&P Company in Covington, LA has opening for experienced Petroleum Engineer. Work with Mgmt and Earth Scientists, li...
Vantage Drilling

Currently Hiring Positions in the Gulf of Mexico

Vantage Drilling is an international offshore drilling contractor which operates and manages a fleet of modern, high specification drilling rigs on...
chemark

Now Searching: Director of Innovation, Oilfield Chemicals

Now Searching: Director of Innovation Oilfield Chemicals: Position is responsible for leadership in identification and development of new product n...
Large Capacity Natural Gas Pipeline located in South Texas Eagle Ford Shale Area. Growing company is currently seeking qualified candidates for IMMEDIATE OPENINGS: Gas Pipeline Compressor Station Operator, Gas Pipeline Compressor Station I&E Technician, Gas Pipeline Compressor Station Maintenance Technician.

Growing company is currently seeking qualified candidates for IMMEDIATE OPENINGS

Large Capacity Natural Gas Pipeline located in South Texas Eagle Ford Shale Area. Growing company is currently seeking qualified candidates for IMM...
Transocean

Are You Ready to Unlock Your Potential?

WE UNLOCK POTENTIAL. Our mission is to unlock the world’s natural resources from the deepest parts of the ocean. We know it takes a team of driven,...

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Offshore Middle East Conference & Exhibition

January 26, 2015
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