North America ///

GulfSlope Energy launches shallow prospect program in the Gulf of Mexico

GulfSlope has announced the execution of a letter of intent with a privately held oil and gas company to form a joint venture to generate and drill shallow depth prospects in the Gulf of Mexico.

API Ohio: New Sub HB 6 disappointing, Senate should reconsider new energy policy

API Ohio released a statement on the Senate Energy & Public Utility Committee’s new Substitute House Bill 6 (Sub HB 6).

Devon Energy completes sale of Canadian business

Devon Energy Corp. has announced that it has completed the sale of its Canadian business to Canadian Natural Resources Limited for $2.8 billion.

W&T Offshore acquires producing properties in the Gulf of Mexico

W&T Offshore, Inc. has announced that it has entered into a purchase and sale agreement with ExxonMobil Corporation to acquire their interests in and operatorship of oil and gas producing properties in the eastern region of the Gulf of Mexico (GOM), offshore Alabama, and related onshore processing facilities for $200 million.

AADE Lafayette Chapter announces 2019-2020 board, committee members

The Lafayette Chapter of the American Association of Drilling Engineers (AADE) has announced its 2019-2020 board and committee members.

Emerald Bay Energy reports initial oil production from South Texas' Kuhn 3

Emerald Bay Energy Inc. has reported on the initial oil production from the Kuhn 3 well. During the first 24 hr, Kuhn 3 produced approximately 120 bbl of oil.

Katalyst Data Management opens new Digital Transformation Center in Houston

Katalyst Data Management announced today that it has opened a second Digital Transformation Center (DTC2) in the Houston area.

UAE splits with U.S. over blame for May oil tanker attack

The United Arab Emirates appeared to distance itself from U.S. claims that pinned attacks on oil tankers near the Strait of Hormuz on Iran.

Thrifty drillers go electric as low natural gas prices spur fuel switch

Thrifty drillers have found a new use for the glut of natural gas that’s sent prices for the fuel below zero in America’s biggest shale patch: Use it to power fracing operations.

RRC commissioners assess nearly $1 million in penalties

The Railroad Commission of Texas assessed $939,780 in fines involving 288 enforcement dockets against operators and businesses at the Commissioners' conference this week.

LLOG reports start of production at Buckskin Project, in deepwater GOM

LLOG Exploration Company, LLC has announced that it has initiated production from the Buckskin Project in the deepwater Gulf of Mexico.

Emerald Bay Energy Kuhn 3 well resumes production in South Texas

Emerald Bay Energy Inc. has announced that operations to enhance oil recovery from the Kuhn 3 well are complete, and the well is now back on production.

Dirty water holds biggest promise, Jefferies says

For companies that haul oil and natural gas, the next big thing may be dirty water, according to Jefferies Group LLC.

Lonestar announces positive production results at Horned Frog

Lonestar Resources US Inc. announced additional well results in its Horned Frog area located in La Salle County, Texas.

Trump warns of more Iran sanctions with fewer targets remaining

President Donald Trump is threatening Iran with additional sanctions on Monday, but there’s not much left for the U.S. to target because most of the Islamic Republic’s economy has been crippled by earlier penalties.

Emerald Bay Energy provides update on operations at Texas' Isabella #2 well

Emerald Bay Energy Inc. has reported on operations at the Isabella #2 well in Gonzales County, Texas. Hydraulic fracturing of the Navarro formation has been completed, and the well has been swabbed for a total of 28 days to recover the frac fluids and measure in-flow rates.

Oil jumps by most this year as Trump warns Iran following drone attack

Oil jumped the most this year after Iran shot down a U.S. drone and Donald Trump warned the Persian Gulf nation it made “a very big mistake,” stoking tensions in the epicenter of global crude production.

Chisholm, Gastar combine to create the leading STACK E&P company

Chisholm Oil and Gas, LLC, of Tulsa, Okla., and Gastar Exploration LLC of Houston, Texas. have announced that they have entered into definitive agreements to effect a merger between the two companies.

Oil slips below $54 as trade fears outweigh U.S. demand

Oil slipped below $54/bbl after a short-lived spike as anxieties about global trade and a supply glut overshadowed record gasoline consumption in the U.S.

Foothills Exploration provides update on 7,000-acre acquisition in Montana

Foothills Exploration, Inc., an independent oil and gas exploration company engaged in acquiring and developing oil and natural gas properties in the Rockies today provided an update on its proposed acquisition of 7,000 acres and 87 oil and gas wells in Montana.