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HomeExploration and Production

Exploration and Production

Exploration and Production

Range Announces Cash Tender for Up to $500 Million

January 5, 2021 Mariel Alumit

ENB Publishers Note: Interesting to see if they get the $500mm, will be a sign of how hedge funds view natural gas moving into 2021.  Follow out daily YouTube show for more coverage. _________ FORT WORTH, […]

ENB Pub Note

Southwestern Energy Issues Statement on Untimely Passing of Julian Bott

January 5, 2021 Mariel Alumit

ENB Publishers Note: The entire Sandstone and Energy News Beat team is sadden by this sudden loss and thoughts and prayers are with Mr. Bott’s family ____ SPRING, Texas–(BUSINESS WIRE)–Southwestern Energy Company (NYSE: SWN) today […]

ENB Pub Note

Apache Corp Announces Creation of Holding Company Structure – to be Named APA Corporation

January 4, 2021 Mariel Alumit

ENB Publisher Note: Interesting move on APA, could it be to protect Suriname (prized offshore in Guyana) in an evetunal Chap 11 of the new structure APA (which holds US onshore assets and riddled with 8.93B […]

Exploration and Production

EOG Resources Promotes Ezra Yacob to President

January 4, 2021 Mariel Alumit

HOUSTON, Jan. 4, 2021 /PRNewswire/ — EOG Resources, Inc. (EOG) today announced that its Board of Directors has promoted Ezra Y. Yacob to President of EOG effective immediately. Since December 2017, Yacob has held the position of Executive Vice President, Exploration and […]

Total - Energy News Beat
Exploration and Production

Total enters a new operated exploration permit in Egypt

January 4, 2021 Stu Turley

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis […]

Exploration and Production

Schlumberger/Liberty OFS deal closes, LBRT adds two new board members

January 4, 2021 Mariel Alumit

DENVER & HOUSTON–(BUSINESS WIRE)– Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today the completion of the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (“OneStim®”) to Liberty on […]

Crude Oil News

ExxonMobil’s South America Bonanza Grows With New Suriname Discovery

December 15, 2020 Stu Turley

After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil XOM +0.6% announced on Friday that it has struck South American oil and gas […]

Parsley Energy -EnergyNewsBeat.com
Exploration and Production

Parsley Energy announces hundreds of layoffs, closure of Austin offices

December 11, 2020 Stu Turley

Parsley Energy Inc. will lay off most of its Austin, Texas workforce as part of its sale to Pioneer Natural Resources Co., according to a notice to the Texas Workforce Commission posted on Dec. 11. Pioneer […]

Crude Oil News

Gulf Keystone announces successful completion of SH-12 workover at the Shaikan field

November 24, 2020 Clark Savage

Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced that the planned workover on the SH-12 well has been completed safely. Jón Ferrier, Gulf Keystone’s Chief Executive Officer, said: […]

ConocoPhillips - Northslope - Energynewsbeat.com
Crude Oil News

ConocoPhillips to resume drilling on Alaska’s North Slope

November 22, 2020 Clark Savage

Anchorage, Alaska — ConocoPhillips plans to restart drilling on Alaska’s North Slope before the end of the year and will have four rigs operating in 2021, company officials said Wednesday. Next year’s budget hasn’t been approved […]

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