Archives for February 2017
Oil and gas deal makers say rebound is here
The wheeling and dealing started at NAPE, the nation’s largest conference for buying and selling oil and gas land, when Houston’s George R. Brown Convention Center floor opened Thursday morning. And the land men and...
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Partial sale of Dakota Access Pipeline completed after construction resumes
Dallas-based Energy Transfer Partners completed a $2 billion sale of stakes in the controversial Dakota Access Pipeline, which restarted construction this week after receiving regulatory approval from the U.S. Army Corps of Engineers. Energy Transfer...
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Oceaneering CEO stepping down, president promoted
Oceaneering International President Roderick Larson will advance into the chief executive role in May after current CEO Kevin McEvoy steps down. McEvoy, 65, will remain on the board of Houston-based Oceaneering. McEvoy took over the...
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Competition for oil services ramping up in Permian; ‘It’s déjà vu,’ says Parsley CEO
Bryan Sheffield isn’t worried about a land-price bubble in West Texas’s booming Permian Basin oil field. Sheffield, chief executive of Austin-based Parsley Energy, just spent $2.8 billion on Permian land held by Fort Worth’s Double...
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Railroad Commission fines company for disposing of contaminated water without a permit
The Railroad Commission of Texas fined an oil and gas wastewater management company for disposing of contaminated water without a permit, and releasing toxic chemicals in fresh water on a piece of property in West...
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