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  • UPSTREAM

    SECTIONS: INTERNATIONAL | NORTH AMERICA

     

    LATEST UPSTREAM NEWS

    Private equity and MLP trains picking up steam in US markets

    Sep 11, 2014

    Private equity and MLP buying for US deals is gaining strength while super-major sell-downs are providing substantial supply.

    Eagle Ford update

    Sep 10, 2014

    EOG Resources remains largest acreage holder

    Growing pains

    Sep 10, 2014

    Current trends and likely results of North American LNG export initiatives

    Aqua-Pure expands into Eagle Ford through FQS Ventures

    Sep 10, 2014

    Aqua-Pure Ventures Inc., a recycler of oilfield and shale gas wastewater, reports the installation of a second ROVER unit through FQS Ventures, a joint venture between Aqua-Pure’s wholly owned subsidiary Fountain Quail Water Management and Select Energy Services, marking the first ROVER mobilization into the Eagle Ford shale play.

    Esmark to convert Ohio mill to support Marcellus and Utica shale production

    Sep 10, 2014

    Esmark Inc., a diversified holding company with interests in steel manufacturing and distribution, oil and gas exploration and production, and real estate services, is converting the former Ohio Cold Rolling Co. steel finishing mill in Yorkville, Ohio, into a tri-modal industrial services terminal to support companies engaged in oil and gas exploration and production in the Marcellus and Utica shale plays.

    Platts' Bentek Energy: US natural gas production in August rose 0.6% from July

    Sep 10, 2014

    Natural gas production in the Lower 48 US states increased by 0.4 billion cubic feet per day during the month of August vs. July, according to Bentek Energy, an analytics and forecasting unit of Platts.

    STW Resources to acquire Black Pearl Energy

    Sep 10, 2014

    STW Resources Holding Corp. plans to acquire Midland, Texas-based Black Pearl Energy LLC, which installs liners and has introduced floating evaporation covers for freshwater frac pits to the oil industry. Black Pearl operates primarily in the Permian Basin.

    Range Resources plays historic role

    Sep 10, 2014

    OGFJ recently contacted senior executives with Fort Worth, Texas-based Range Resources to discuss the company’s evolution over the years, including its pioneering role in the Marcellus shale play. Jeffrey Ventura, president and CEO; Roger Manny, EVP and CFO; and Ray Walker Jr., EVP and COO, brought us up to date.

    MIDSTREAM NEWS

    Sep 9, 2014

    UPSTREAM NEWS

    Sep 9, 2014

    Commodity Indices

    Market Indices

    INTERNATIONAL UPSTREAM

    Carnarvon to explore two permits in Barrow sub-basin

    Jun 5, 2014

    Carnarvon Petroleum Ltd. has been awarded two contiguous blocks on the eastern flank of the prolific oil producing Barrow sub-basin: Petroleum Exploration Permit EP-490 (bid block L11-6) and TP/27 (bid block T11-3) offshore Western Australia. Carnarvon is the operator and 100% working interest holder in these blocks, which cover a total area of 675 square miles (1,750 square kilometers).

    Report predicts surge in world subsea expenditure

    Jun 5, 2014

    Global subsea hardware capex could total $117 billion between 2014 and 2018, according to Douglas-Westwood’s latest market forecast.

    Hitachi Solutions Canada to unveil JV solution for oil and gas industry

    Jun 4, 2014

    Hitachi Solutions Canada, a global provider of industry solutions based on Microsoft Dynamics AX, will be launching an oil and gas joint venture solution using Microsoft Dynamics AX 2012.

    Primoris wins underground contract work valued at over $10 M

    Jun 2, 2014

    Primoris Services Corp. has received a new contract award from a midstream oil and gas customer. The new contract was secured by Sprint Pipeline Services, a division of Primoris Energy Services, a Primoris subsidiary and part of the East Construction Service segment.

    NORTH AMERICA UPSTREAM

    Alpha Crude Connector to conduct open season

    Jun 2, 2014 Alpha Crude Connector LLC intends to conduct an open season for the Alpha Crude Connector pipeline, a new FERC-regulated crude oil transportation pipeline to be located in Lea and Eddy counties in ...

    MicroSeismic names Foster as president and CEO

    May 30, 2014

    MicroSeismic Inc. has appointed Jeff Foster as the company’s president and CEO. Founder of the company and past CEO, Peter M. Duncan, will continue with MicroSeismic as co-chairman.

    KMP to expand carbon-dioxide infrastructure

    May 8, 2014

    Kinder Morgan Energy Partners LP is set to invest $671 million to grow its carbon-dioxide infrastructure in southwestern Colorado and New Mexico.

    TPC Group expands polyisobutylene capacity

    May 1, 2014

    TPC Group, a provider of C4 based products and services, has achieved a milestone in its comprehensive expansion program to increase polyisobutylene capacity.

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