WorldOil Jones Energy exits Arkoma basin with non-core asset sales Jones Energy, Inc., has announced that it has entered into definitive agreements to sell several non-core assets, including an agreement to sell its Arkoma basin properties, for a combined total of up to $70 million, subject to closing adjustments. Shale tycoon who turned Enron reject into gold builds again After helping give birth to the U.S. shale boom a decade ago, Mark Papa is starting over at age 70 with a new $3.6-billion oil explorer he built from scrap amid the worst market crash in a generation. Lonestar Resources announces 30-day production rate of 2,123 boed at Eagle Ford well Lonestar Resources has announced that the Wildcat B1H well has established a 30-day production rate of 2,123 boed, consisting of 890 bopd (42%), 764 bbl of natural gas liquids (36%) and 2,815 Mcfgd (22%). Storm Cindy bears down on Gulf coast after curbing oil and gas operations Tropical Storm Cindy has curbed energy production in the GOM, disrupted shipping and forced workers off oil and gas platforms. Empyrean reports increased interest in Sacramento basin, California Empyrean has announced that it has entered into a new agreement with Sacgasco Limited, to increase Empyrean’s interest in the package of gas projects in the Sacramento basin, onshore California (the Farm-In), previously announced on May 15, 2017 and amended on June 16, 2017. H2O Midstream acquires Permian basin produced water assets from Encana H2O Midstream announced today the acquisition of produced water infrastructure from Encana Oil and Gas (USA) Inc. concurrent with the execution of an acreage dedication based midstream water services agreement. Under the agreement, H2O Midstream will gather, dispose and deliver for re-use produced water for a substantial portion of Encana’s acreage position in Howard County, Texas. EQT dubbed largest U.S. gas driller after $6.7-billion Rice buy EQT Corp. will become the largest U.S. natural gas producer after agreeing to buy Rice Energy Inc.’s holdings in the hydrocarbon-rich Marcellus shale formation for about $6.7 billion in cash and stock. LAGCOE announces LAGCOE Looey 2017: Don Briggs LAGCOE is proud to announce LAGCOE Looey 2017, Mr. Don Briggs, Founding Member and President of the Louisiana Oil and Gas Association. LAGCOE Looey is an honorary position given to someone who has accomplished something great in the oil and gas industry. Hess announces sale of enhanced oil recovery assets in Permian basin Hess Corporation has announced that it has entered into an agreement to sell its interests in enhanced oil recovery (EOR) assets in the Permian basin to Occidental Petroleum Corporation for a total consideration of $600 million, effective June 1, 2017. WebCreek releases virtual reality oilfield training solution Houston-based software company WebCreek has recently launched its virtual training module for oilfield operations.