BP pays $10.5 billion for BHP shale assets to beef up U.S. business
BP Plc ( BP.L ) has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton ( BLT.L ) ( BHP.AX ) for $10.5 billion, expanding Continue Reading
BP to Buy BHP Shale Assets for More Than $10 Billion
BP BP -1.13% PLC will buy the bulk of BHP Billiton Ltd.’s BHP -1.03% U.S. onshore oil-and-gas unit for $10.5 billion, as the U.K. oil major rebuilds in the U.S. Continue Reading
Continental Resources production below guidance
U.S. shale player Continental Resources reported weather-related issues for production in the second quarter but hinted at strong second-half gains. Continental is one of the more active producers in the Continue Reading
British shale driller facing continued protests
Still facing protests over shale gas work, British energy company Cuadrilla Resources said its efforts were pumping millions of dollars into the local economy. The company, a pioneer in British Continue Reading
Colorado’s Shale Boom Threatened By Ballot Initiative
There’s a good chance that a ballot initiative to significantly expand the buffer zones between oil and gas wells and homes and other buildings could be up for voting by Continue Reading
Oil, Gas Companies Focus on Recruitment, Retention in the Permian
While Midland is enjoying low unemployment rates due to increased Permian activity, there is still a high demand for oilfield talent. The lure of high wages and bustling activity are Continue Reading
Halliburton sees North America as the best market
In announcing gains insecond-quarterr revenue, drilling services company Halliburton said North America is the fastest growing energy market in the world. Halliburton reported total revenue for the three months ending Continue Reading
Halliburton Sees Moderate Permian Growth On Pipeline Worries
Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin and lower Continue Reading
Oil Majors Quizzed on Near-Term Permian Hiring Plans
Rigzone asks several oil and gas majors about their hiring plans in the Permian basin in the near future. Royal Dutch Shell plc expects to be in “growth mode” in Continue Reading
Halliburton shares plunge on Permian growth worries
(Reuters) – Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin Continue Reading