Petroleum Development Oman has started production from a natural gas and condensate discovery it calls Mabrouk North East in its northern concession area. Source: News
Ophir commits to fourth Bualuang oil field phase off Thailand
Ophir Energy PLC committed to a fourth development phase at Bualuang oil field in the Gulf of Thailand, starting with infill drilling this year of three wells being redrilled plus two workovers. Source: News
BSEE unveils program to increase inspection time offshore, save money
The US Bureau of Safety and Environmental Enforcement will begin a new program on Apr. 1 that will increase physical inspection time offshore while saving nearly $20 million over 3½ years, the US Department of the Interior agency reported. Source: News
Delek divests idled California refining, logistics assets
Delek US Holdings Inc. has completed the sale of its idled refining assets in Paramount and Long Beach, Calif., to an affiliate of Boston-based World Energy LLC. Source: News
EnerVest, TPGE enter $2.66-billion combination with South Texas assets
EnerVest Ltd. has agreed to sell its Eagle Ford and Austin Chalk assets to TPG Pace Energy Holdings, an energy-focused special purpose acquisition entity led by former Occidental Petroleum Corp. Chief Executive Officer Steve Chazen, for $2.66 billion in cash and stock. Source: News
20 Mar 2018 11:55:11 EST – The latest stock information is now available for your stocks
XOM Last 74.3161 Change +0.1661 % Change 0.22% Volume 3,500,459 As of: 20 Mar 2018 11:55:11 EST View: Stock Quote | News CVX Last 114.95 Change +1.06 % Change 0.93% Volume 1,850,028 As of: 20 Mar 2018 11:55:11 EST View: Stock Quote | News COP Last 55.19 Change +1.62 % […]
SandRidge to review strategic alternatives after rejecting Midstates’ proposal
SandRidge Energy Inc. will evaluate strategic alternatives after rejecting Midstates Petroleum Co. Inc.’s unsolicited public offer to combine the two companies. Source: News
CNOOC brings Weizhou 6-13 oil field on stream
CNOOC Ltd. has brought Weizhou 6-13 oil field on stream ahead of schedule in the South China Sea’s Beibu Gulf. The field lies in an average of 35 m of water. Source: News
20 Mar 2018 10:55:38 EST – The latest stock information is now available for your stocks
XOM Last 74.355 Change +0.205 % Change 0.28% Volume 2,476,512 As of: 20 Mar 2018 10:55:39 EST View: Stock Quote | News CVX Last 115.03 Change +1.14 % Change 1% Volume 1,337,537 As of: 20 Mar 2018 10:55:39 EST View: Stock Quote | News COP Last 54.6325 Change +1.0625 % […]
MARKET WATCH: Crude oil prices volatile as Saudis visit US
The light, sweet oil contract for April dropped modestly on the New York market Mar. 19 to settle just above $62/bbl. Meanwhile in London, the Brent crude oil for May delivery dropped slightly to settle just above $66/bbl. But oil prices increased in early Mar. 20 trading. Source: News