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Industrial Goods and Services
Ring Energy Appoints Industry Veteran Paul McKinney as CEO
2020-10-01 00:25:00| OGI
The leadership change was driven by the boards discouragement toward Ring Energys current stock price and the apparent lack of understanding and appreciation for the value this company represents, Co-founder and Chairman Tim Rochford says.
Category: Industrial Goods and Services
Opinion: The Low Information Value of IP30 Data from Unconventional Wells
2020-09-30 23:30:00| OGI
Things may not always be what they seem when interpreting IP rate data from unconventional oil and gas wells, says Steve Hendrickson, president of Ralph E. Davis Associates.
Category: Industrial Goods and Services
Virtual DUG Day 2: WPXs Clay Gaspar on Innovation; Plus Eagle Ford Operators Discuss Recovery, More
2020-09-30 21:00:00| OGI
The second day of Hart Energys DUG Permian Band and DUG Eagle Ford Virtual Conference focused on South Texas shale opportunities plus the key to new oil and gas exploration, according to WPX Energys Clay Gaspar, in the current market.
Tags: more day discuss virtualCategory: Industrial Goods and Services
TC Energy, Natural Law Energy Agree to Indigenous Equity Investment
2020-09-30 20:18:42| OGI
The MOU, which includes Keystone XL, is one of the largest of its kind in North American infrastructure.
Tags: law natural energy agreeCategory: Industrial Goods and Services
Energy A&D Transactions from the Week of Sept. 30, 2020
2020-09-30 20:05:00| OGI
Heres a snapshot of recent energy deals including the all-stock merger of Devon and WPX Energy set to create a leading shale oil producer with a dominant acreage position in the Permian Basin.
Tags: week energy sept transactionsCategory: Industrial Goods and Services
US Oil Production Rose by Over Half a Million Barrels Per Day in July
2020-09-30 19:25:00| OGI
July oil production in the U.S. was boosted by gains in North Dakota, Texas and offshore in the Gulf of Mexico.
Tags: in day july halfCategory: Industrial Goods and Services
On the Market Oil and Gas Quicklist (Week of Sept. 30, 2020)
2020-09-30 19:05:00| OGI
Heres a quicklist of oil and gas assets on the market including the sale of a package of operated Eagle Ford Shale assets in Karnes County, Texas, from Summit Discovery plus a Wolfcamp Shale opportunity in New Mexicos Lea County.
Tags: week market gas oilCategory: Industrial Goods and Services
Shell to Cut up to 9,000 Jobs in Low-carbon Transition
2020-09-30 18:15:00| OGI
Royal Dutch Shell announced on Sept. 30 plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy.
Tags: jobs cut transition shellCategory: Industrial Goods and Services
Pipeline Companies Offer Enticements to Keep Shippers
2020-09-30 17:01:47| OGI
Some companies could see their revenues plunge 50%.
Tags: offer companies pipeline shippersCategory: Industrial Goods and Services
Oil and Gas Investor At Closing: September 1960
2020-09-30 17:00:00| OGI
Lets face italthough we can debate the importance of OPEC, its clear that we all hang on the organizations every word, perhaps never more so than this year, a year that will go down in infamy.
Tags: september gas oil closingCategory: Industrial Goods and Services