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USA
PennEast Pipeline to drive $1.6 billion economic impactFeb 11, 2015The design and construction of the PennEast Pipeline will generate approximately $1.6 billion in additional wages, revenues and
Gazprom wins trial over Moncrief Oil InternationalFeb 10, 2015On February 2, 2015 the Tarrant County Court, Texas, USA located in Fort Worth passed a judgement to dismiss the litigation
INPEX sells interest in Louisiana block SL20183 in the US to SibleyFeb 10, 2015Inpex Corporation (Inpex), through its wholly-owned subsidiary, Teikoku Oil (North America) Co., Ltd., has agreed to sell all its
Platts Survey: OPEC Pumps 29.94 Million Barrels of Crude Oil Per Day in JanuaryFeb 10, 2015Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 29.94 million b/d in January from 30.03
LNG Ltd appoints second US-based Non-Executive DirectorFeb 9, 2015Liquefied Natural Gas Limited has appointed D. Michael Steuert as a Non‐Executive Director of LNG Limited with effect from 9 February
Baker Hughes announces January 2015 rig countsFeb 9, 2015Baker Hughes Incorporated announced that the international rig count for January 2015 was 1,258, down 55 from the 1,313 counted
Parsley Energy declares 2015 capital budgetFeb 9, 2015Parsley Energy, Inc. says that its Board of Directors has approved a capital budget of $225-$250 million for 2015, excluding
U.S. onshore rig count drops sharply despite a rising oil priceFeb 9, 2015GCA’s U.S. Oil & Gas Monitor, launched on 9 January 2015 to track onshore and Gulf of Mexico (GOM) activity in the light of
EQT Corporation proved reserves increase 29%Feb 6, 2015EQT Corporation reported year-end 2014 total proved reserves of 10.7 Tcfe. This represents a 2.4 Tcfe net increase over 2013, with
Victory Energy and Lucas Energy propose mergerFeb 6, 2015Victory Energy Corporation has executed a Letter of Intent and Term Sheet for a proposed business combination between the two companies.
Hawker Energy completes acquisition of TEG Oil & Gas USAFeb 6, 2015Hawker Energy, Inc. has closed its previously-announced acquisition of 100% of the shares of TEG Oil & Gas U.S.A., Inc. from
Archer Petroleum to participate in horizontal well in Runnels County, TexasFeb 6, 2015Archer Petroleum Corp. has signed a participation agreement to participate in the drilling of the Clayton No. 1H, a horizontal well.
Ivanhoe Energy terminates contract in EcuadorFeb 6, 2015Ivanhoe Energy Inc. says that Ivanhoe's Specific Services Contract on Block 20 in Ecuador is being terminated by mutual consent
Marquee Energy reports significant increase in reservesFeb 6, 2015Marquee Energy Ltd. announce the results of its independent reserve evaluation as of December 31, 2014, which includes a 39% increase
Weatherford begin workforce reduction of 5000Feb 6, 2015Due to the quickly changing market conditions, Weatherford International is aligning and reducing costs as well as organizational
Seatronics and 2G Robotics announce global sales and distribution partnershipFeb 6, 2015Seatronics, an Acteon company, and 2G Robotics, have announced a global sales and distribution partnership. The 2G Robotics line
Bayport and JFK Oil Terminal form Joint VentureFeb 5, 2015Bayport International Holdings have entered into a Joint Venture with JFK Oil Terminal Corporation on a 6 acre energy facility in
Westbridge Energy reports Director resignationFeb 5, 2015Westbridge Energy Corporation reports that, effective immediately, Mr. R. Michael Looney has resigned as a Director of the Company
LGX Oil + Gas announces results of successful 2014 drilling programFeb 5, 2015LGX Oil + Gas Inc. provides completion results from late 2014 southern Alberta drilling activity. LGX drilled two horizontal wells into
Nostra Terra record 102% increase in production in the fourth quarterFeb 5, 2015Nostra Terra is pleased to provide an operational and production update for the fourth quarter of 2014. December net production averaged 169 boepd (net of royalties),
Foster Marketing names Brown Trade Show Coordinator; Domas Public Relations AssociateFeb 5, 2015Foster Marketing has named Lindsay Brown as trade show coordinator and Katie Domas as public relations associate, President
Wellsite Rental Services incorporates flush mounted slips into Rental Product LineFeb 5, 2015Wellsite Rental Services has added flush mounted slips to its rental product line. The flush mounted slips are purposed for tripping drill pipe and maintain a self-locking design
Weatherford introduces new FracAdvisor™Services offeringFeb 5, 2015Weatherford International introduced its new FracAdvisorTM service offering for the oil and gas industry. FracAdvisorTM provides
Rose Petroleum reports successful Mancos drilling programmeFeb 4, 2015Rose Petroleum is pleased to provide an operational update on the current activities taking place within both its oil and gas and mining divisions.
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