Chesapeake Energy Corp. hired Frank Patterson as executive vice-president of exploration, land, and subsurface technology to succeed John Kapchinske, who recently retired.
The New York Mercantile Exchange June crude oil contract dropped 48Â¢ on May 1 to $59.15/bbl, retreating from a 2015 high set on Apr. 30. Analysts attributed the slip to a strengthening dollar.
first quarter. The $12 million increase was primarily due to the fourth quarter write-off of a deferred tax asset. The company ’s equity investment in DCP Midstream LLC had an adjusted loss of $12 million, comparable to the prior quarter. The loss
subsidiary XTO Energy Inc., active in the Permian, Eagle Ford, and Bakken, is “running just south of 40 rigs,” said a company official, and that total is trending downward due to output efficiency ( OGJ Online, Apr. 30, 2015 ). A ConocoPhillips
Amin H. Nasser has been named as the acting president and chief executive officer of Saudi Aramco following the appointment Khalid A. Al-Falih to the post of Saudi Arabia’s minister of health.
said Kathleen Sgamma, vice-president of government and public affairs at the Western Energy Alliance ..... economic growth. The last thing the American people need right now is the federal government hindering good-paying jobs and stifling
jointly develop these regulations included consultations with government and industry stakeholders on both sides of our border,” she said. DOT ..... requirements, speed restrictions, and information for local government agencies. • Provides sampling and testing requirements
1 flowed 4,300 bo/d and 395,000 cu m/day of natural gas. The Cat-1 is the first of a two-well campaign, the company said. Compagnie Tunisienne de Forage drilled the Cat-1 well, which reached a total depth of 3,950 m. The DGH-1 well
period, including $730 million in 2015 and $612 million in 2014 for the company ’s share of expenditures by affiliates, which did not require cash outlays by the company . Expenditures for upstream represented 95% of the companywide total during the first 3 months
Legislation to accelerate the phase-out of older rail tank cars to reduce accidental crude oil spills has been introduced by Finance Committee Ranking Minority Member Ronald L. Wyden (D-Ore.) and six other US Senate Democrats.