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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 virtual

Category: 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 agree

Category: 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 transactions

Category: 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 half

Category: 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 oil

Category: 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 shell

Category: 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 shippers

Category: 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 closing

Category: Industrial Goods and Services

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