Archives for 2017
WildHorse acquires Eagle Ford properties
WildHorse Resource Development said it acquired approximately 111,000 net acres and associated production from Anadarko Petroleum Corporation and Kohlberg Kravis Roberts & Co. L.P. for $625 million, subject to closing conditions. RELATED: WildHorse Resource Development prices...
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OPEC projects surge in U.S. oil production
U.S. shale drillers could pump a lot more oil than previously expected this year, OPEC said Thursday. In a monthly report, the cartel said it has revised its 2017 forecast for oil production in countries...
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Trump administration withdraws Jones Act review
The Trump administration has withdrawn a controversial proposal that would have forced offshore oil and gas companies to give more work to American ships and crews when drilling in U.S. waters. Announced in the final days...
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BP fires up first gas fields in $12 billion Egypt project
BP has fired up two natural gas fields in the Mediterranean Sea near Egypt, the start of a $12 billion development expected to supply nearly a third of the African country’s gas in coming years....
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Plains All American raises spending by $100 million
Plains All American Pipeline LP raised its projected spending for 2017 by $100 million and said it now expects to spend $900 million on growth projects, the Houston Business Journal reported. RELATED: Judge throws out...
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