Anadarko Petroleum Corp., Houston, has agreed to acquire the deepwater Gulf of Mexico assets belonging to Freeport McMoRan Oil & Gas (FMOG), a subsidiary of Phoenix-based mining firm Freeport-McMoRan Inc., for $2 billion. Source: News
EOG, Yates to merge in $2.5-billion deal
Source: News
EIA counts 5,000 DUC wells in major US producing regions
Estimates by the US Energy Information Administration indicate the August count of drilled but uncompleted (DUC) wells in the seven major US tight oil and shale gas producing regions totaled 5,031, down slightly from the 5,065 counted in July. Source: News
Activists' veto power
Activists have received veto power over pipeline projects in the US. Suddenly, infrastructure investments face new risk. Source: News
Safety at risk
During what has now become a prolonged downturn for the oil and gas industry, authorities worldwide are keeping their sights set on maintaining high safety standards in oil and gas operations, particularly offshore. Source: News
Underwater monument a trophy in Obama’s quest for legacy
Oil and gas drilling was hardly imminent off New England when US President Barack Obama created an underwater museum for the study of marine life. Source: News
16 Sep 2016 16:00:00 EDT – The latest stock information is now available for your stocks
XOM Last 84.03 Change –1.05 % Change 1.23% Volume 21,163,066 As of: 16 Sep 2016 16:00:00 EDT View: Stock Quote | News CVX Last 97.84 Change –1.66 % Change 1.67% Volume 12,545,916 As of: 16 Sep 2016 16:00:00 EDT View: Stock Quote | News COP Last 39.87 Change –0.16 % […]
16 Sep 2016 15:04:34 EDT – The latest stock information is now available for your stocks
XOM Last 84.149 Change –0.931 % Change 1.09% Volume 13,930,100 As of: 16 Sep 2016 15:04:34 EDT View: Stock Quote | News CVX Last 97.9978 Change –1.5022 % Change 1.51% Volume 8,290,279 As of: 16 Sep 2016 15:04:34 EDT View: Stock Quote | News COP Last 39.63 Change –0.40 % […]
BHI: US oil rig count up 100 since May 27
The Baker Hughes Inc. count of active US oil-directed drilling rigs this week added the 99th and 100th units to come online since the drilling rebound began following the week ended May 27. Source: News
Wintershall makes small oil find in course of drilling North Sea wells
The Norwegian Petroleum Directorate said Wintershall Norge AS had a “minor” oil discovery in the course of recently drilling four wells in the North Sea. Source: News