Oilfield services giant SLB on Tuesday announced plans to acquire chemistry solutions and drilling technology provider ChampionX (CHX). SLB stock retreated early Tuesday while CHX stock, an S&P Midcap 400 component, jumped. SLB (SLB), formerly Schlumberger, plans to […]
Ending “Energy Poverty” is a passion of mine. Elevating out of poverty requires low-cost, sustainable kWh delivered to homes. The global push to destroy the energy sector in the name of gaining more control is, […]
(WO) – Africa Oil Corp. has made a cash offer to acquire up to 8.0% of issued shares from minority shareholders in Impact Oil and Gas Limited. The offer is worth up to approximately $64 […]
Dolphin Drilling Semisub rig owner Dolphin Drilling has won a drilling contract for one of its rigs from oil and gas player Oil India Limited. Under the terms of the contract, Dolphin Drilling will deploy […]
(WO) – Wintershall Dea and its partners, Petoro, Aker BP, and PGNIG, have successfully completed drilling for an appraisal well on the Adriana gas and condensate discovery in the Norwegian Sea. They are now evaluating […]
This is a Deal Spotlight with John Ferrell, Co-Founder / CEO at WellDatabase, and Michael Tanner. They cover great use of techniques in evaluating oil and gas deals. They even cover the Diamondback and Endeavor […]
U.S. energy firms this week added oil and natural gas rigs for a second straight week to their highest since September, energy services firm Baker Hughes said in its closely followed report on Friday. The […]
A Texas Railroad Commission (RRC) spokesperson has revealed to Rigzone that the organization has not seen an overall impact on production, despite wildfires in the state. “We understand production may fluctuate as companies take measures […]
HOUSTON, TX (February 29, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. […]
Austin-based Atlas Energy Solutions Inc. is acquiring all of Hi-Crush Inc.’s Permian Basin proppant production assets and North American logistics operations in a transaction valued at $450 million as it aims to create the largest […]
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