(The Center Square) – Oklahoma took in a record-breaking amount of tax revenue in September, and also for the previous 12-month period ending in September.
HOUSTON, Oct. 25, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced the release of its second-annual Sustainability Report focused on environmental, social, and governance (ESG) issues.
HOUSTON, Oct. 25, 2021 /PRNewswire/ -- With great sadness, we must inform you of the sudden passing of Oil and Gas Investor Editor-in-Chief, Steve Toon. Steve suffered a severe heart attack at home on Friday afternoon.
DENVER, Oct. 25, 2021 /PRNewswire/ -- EnerCom, Inc., a nationally recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, will host the annual The Energy Venture Investment Summit presented by Colorado School of Mines and EnerCom, in-person and on campus in Golden, Colorado, on Wednesday, February 16th - Thursday, February 17th, 2022.
HOUSTON, Oct. 25, 2021 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) (the "Partnership") announced today that it will report operating and financial results for the third quarter of 2021 on Thursday, November 4, 2021, before the start of trading on the New York Stock Exchange.
(The Center Square) – In the 2020 election, U.S. Rep. Xochitl Torres Small, D-New Mexico, lost to Republican Yvette Herrell in a district whose residents are reliant on oil and gas for survival. Despite trying to promote herself as a pro-oil and natural gas representative, Torres couldn’t shake off the effects of the anti-fossil fuel movement that has been incorporated in Democratic policies and is being pushed by the Biden administration.
FORT WORTH, Texas, Oct. 22, 2021 /PRNewswire/ -- Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell"), a leading owner of oil and natural gas mineral and royalty interests in more than 97,000 gross wells across 28 states, today announced that the Board of Directors of Kimbell Royalty GP, LLC, Kimbell's general partner, approved a cash distribution payment of 75% of projected cash available for distribution for the third quarter of 2021, or $0.37 per common unit. The distribution will be payable on November 8, 2021 to common unitholders of record at the close of business on November 1, 2021. Kimbell intends to utilize the remaining 25% of Q3 2021 projected cash available for distribution to pay down a portion of the outstanding borrowings under Kimbell's credit facility. Since May 2020 (excluding the expected upcoming pay down from the remaining 25% of Q3 2021 projected cash available for distribution), Kimbell has paid down approximately $36.9 million of outstanding borrowings under its credit facility from allocating a portion of its cash available for distribution for debt pay down.
HOUSTON, Oct. 22, 2021 /PRNewswire/ -- Today Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced that the board of directors of its general partner declared a quarterly cash distribution of $0.323 per unit for the third quarter of 2021. This distribution represents a 1.3-percent increase over the prior quarter's distribution and is consistent with an annualized distribution growth of 5-percent. WES's third-quarter 2021 distribution is payable November 12, 2021, to unitholders of record at the close of business November 1, 2021.
HARRISBURG — Two Pennsylvania state senators said recently they want to hold social media companies accountable for religious or political censorship.
(The Center Square) – About $6 billion in new taxes, fees and fines specific to the oil and gas industry are on the table in President Joe Biden's $3.5 trillion budget reconciliation plan before Congress.
HOUSTON, Oct. 14, 2021 /PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced that its wholly owned subsidiary, Weatherford International Ltd. (the "Issuer"), is amending its previously announced tender offer (the "Tender Offer") for its outstanding 11.00% Senior Notes due 2024 (the "Notes") by increasing the aggregate principal amount of the Notes that it would purchase for cash to up to $1,600,000,000 from $1,500,000,000. No other terms of the Tender Offer are being amended.
DENVER, Oct. 14, 2021 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announces that it expects to release its third quarter 2021 financial and operating results after market on October 28, 2021. See schedule below:
BATON ROUGE, La., Oct. 14, 2021 /PRNewswire/ -- Today, Louisiana Governor John Bel Edwards and Air Products Chairman, President, and Chief Executive Officer Seifi Ghasemi are announcing a $4.5 billion clean energy complex to be built in Louisiana that will make the state a leader in the United States (U.S.) clean energy transition. Air Products is a world-leading industrial gas company that produces and transports hydrogen and other essential industrial gases to many customer facilities in Louisiana, across the U.S. Gulf Coast and around the world.
HOUSTON, Oct. 13, 2021 /PRNewswire/ -- A consortium of public, private and academic experts led by Shell International Exploration and Production, Inc. (Shell), a subsidiary of Royal Dutch Shell plc, is pioneering an ambitious path to enable large-scale liquid hydrogen (LH2) storage for international trade applications. This is a largely untapped field with potential for advancing the global commercialization of hydrogen as an accessible, affordable and low carbon energy commodity.
HOUSTON, Oct. 11, 2021 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) intends to release third quarter 2021 results for the period ended September 30, 2021 on Wednesday, November 3, 2021 after the U.S. financial market closes. In addition to this release, Talos will host a conference call, which will be broadcast live over the internet, on Thursday, November 4, 2021 at 10:00 AM Eastern Time (9:00 AM Central Time).
(The Center Square) – Food prices hit a 10-year high worldwide, according to the Food and Agriculture Organization of the United Nations (FAO)’s food price index. U.S. companies are feeling the pinch, resorting to increasing prices to offset their costs to purchase goods and deal with labor and transportation problems.
HOUSTON, Oct. 11, 2021 /PRNewswire/ -- The annual Meritorious Awards for Engineering Innovation (MEAs) honors engineering excellence and achievement in the upstream petroleum industry. The MEA program recognizes new products and technologies that demonstrate innovation in concept, design and application. Hart Energy's E&P editors will award certificates to the 2021 MEA winners, and the winning technologies will be showcased in the E&P newsletter in October.
The Bayou Teche Wildlife Refuge gained eight new residents Thursday when state agents released alligators and birds that had been cleaned and rehabilitated after they were found covered in oil at the Phillips 66 site in Alliance following Hurricane Ida.
SHREVEPORT, La. – Hurricane Ida, continued COVID-19 uncertainties, Biden administration changes and ever-changing oil and gas prices complicated the annual forecast of the local and state economy. But Northwest Louisiana can still expect a major bump from new businesses bringing thousands of jobs and an expected uptick in Haynesville Shale development.
FOUNTAIN VALLEY, Calif., Oct. 8, 2021 /PRNewswire/ -- In celebration of National Hydrogen and Fuel Cell Day for 2021, Hyundai Motor North America (HMNA) has joined Equilon Enterprises LLC (d/b/a Shell Oil Products US), also referred to as Shell Hydrogen, to encourage growth of the hydrogen refueling infrastructure in California. The agreement, known as Project Neptune, supports Shell Hydrogen's construction of 48 additional and two upgraded hydrogen refueling stations across the eco-leading Golden State beginning in 2021. In its portion of the agreement, Hyundai has committed to fuel cell vehicle sales growth supporting the expanding hydrogen infrastructure.
HOUSTON, Oct. 8, 2021 /PRNewswire/ -- Pioneer Energy Services LLC (the "Company" or "Pioneer"), the successor to Pioneer Energy Services Corp. ("PES") and a wholly owned subsidiary of Patterson-UTI Energy, Inc. (NASDAQ: PTEN) ("Patterson-UTI"), today announced the accelerated mandatory conversion of all outstanding principal amount of its 5.00% Convertible Senior Unsecured PIK Notes Due 2025 (the "Convertible Notes").
OKLAHOMA CITY, Oct. 7, 2021 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian", the "Company", "we" or "our") today announced updates related to its enhanced oil recovery (EOR) pilot project and its upcoming dividend.
HOUSTON, Oct. 5, 2021 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced that it has closed the acquisition of leasehold interests and related oil, gas, and infrastructure assets of Primexx Energy Partners and its affiliates.
THE WOODLANDS, Texas, Oct. 5, 2021 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) announced today that it will release its third quarter 2021 results on Tuesday, November 2, 2021 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Wednesday, November 3, 2021 at 10:00 a.m. Eastern / 9:00 a.m. Central.
HOUSTON, Oct. 5, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of September 2021, the Company had an average of 83 drilling rigs operating. For the three months ended September 30, 2021, the Company had an average of 80 drilling rigs operating.
FORT WORTH, Texas, Oct. 4, 2021 /PRNewswire/ -- Valor Mineral Management ("Valor"), a mineral asset management, oil and gas accounting, process outsourcing and advisory firm based in Fort Worth, Texas, announced that it has added Hannah Jones as Director of Marketing and Jill Heagy as Executive Assistant.
HOUSTON, Oct. 4, 2021 /PRNewswire/ -- bp today announced plans for a $269 million investment in three projects at its Cherry Point Refinery in Washington state, aimed at improving the refinery's efficiency, reducing its carbon dioxide (CO2) emissions and increasing its renewable diesel production capability.
HOUSTON, Oct. 4, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it has closed its previously announced acquisition of Pioneer Energy Services Corp. Total consideration for the acquisition included the issuance of approximately 26.3 million shares of Patterson-UTI common stock and payment of $30 million of cash, which based on the most recent closing price for Patterson-UTI of $9.44 valued the transaction at approximately $278 million, including the retirement of all Pioneer Energy Services' debt.
OKLAHOMA CITY, Oct. 1, 2021 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (the "Company") plans to announce third quarter 2021 results on Monday, November 1, 2021 after the close of trading on the New York Stock Exchange. The Company plans to host a conference call to discuss third quarter 2021 results on Tuesday, November 2, 2021 at 12:00 p.m. ET (11:00 a.m. CT). Those wishing to listen to the conference call may do so via the Company's website at www.CLR.com or by phone:
HOUSTON, Oct. 1, 2021 /PRNewswire/ -- Coterra Energy Inc. ("Coterra" or the "Company") (NYSE: COG) today announced the successful completion of the combination of Cabot Oil & Gas Corporation ("Cabot") and Cimarex Energy Co. ("Cimarex"), creating a premier, diversified energy company with a strong free cash flow profile, well positioned to deliver superior and sustainable returns to shareholders through commodity cycles. Coterra's common stock will trade on the New York Stock Exchange under the ticker symbol "CTRA" at the open of trading on October 4, 2021 and under the symbol "COG" until then.
OSLO, Norway, Oct. 1, 2021 /PRNewswire/ -- Reference is made to the joint press announcement dated 2 March 2021 from Baker Hughes (NYSE: BKR) and Akastor ASA (Oslo: AKAST). The parties have today completed the transaction that combines the operations of Baker Hughes' Subsea Drilling Systems (SDS) business with Akastor's wholly owned subsidiary, MHWirth AS (MHWirth) in line with the terms and conditions described in the earlier announcement.
HOUSTON and DENVER, Sept. 29, 2021 /PRNewswire/ -- Cabot Oil & Gas Corporation ("Cabot") (NYSE: COG) and Cimarex Energy Co. ("Cimarex") (NYSE: XEC) today announced that both companies' shareholders voted to approve the pending transaction.
HOUSTON, Sept. 29, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2021 earnings news release on Wednesday, November 3, after the close of U.S. financial markets.
FORT WORTH, Texas and DENVER, Sept. 29, 2021 /PRNewswire/ -- Chisholm Energy Holdings, LLC ("Chisholm Energy" or the "Company") announced a partnership to install real-time air emissions monitoring devices on select production facilities in southeastern New Mexico with the goal to receive independent operational certification from Project Canary.
HOUSTON, Sept. 28, 2021 /PRNewswire/ -- bp today announced the safe and successful start-up of its Thunder Horse South Expansion Phase 2 project. The Phase 2 project is expected to increase output at one of the largest fields in the Gulf of Mexico, with peak annual average gross production of 25,000 barrels of oil equivalent a day from the initial two well tie-back.
MQS is proud to introduce their new salesman for their Great Falls Office, Lloyd Bruce. They are having an Open House at their Great Falls Office on September 23rd and 24th to introduce their new salesman and their Brand-New Storage Units that are now available for lease. They are offering…
(The Center Square) – Montana’s oil industry perked up in the last few months, but it still must deal with challenges created by federal regulations, an industry expert said.
(The Center Square) – Hurricane Ida has already caused oil supply losses of 30 million barrels, the International Energy Agency (IEA) reports, resulting in the first decline in global oil supply in five months.
(The Center Square) – Colorado’s revamped Oil and Gas Conservation Commission (COGCC) approved its first two oil and gas development plans on Wednesday under its new mission.
NEW ORLEANS - As Hurricane Ida began toppling transmission towers and knocking out water systems across southeast Louisiana, another vital infrastructure system was slowly falling apart: gasoline distribution.
(The Center Square) – Texas’s upstream oil and natural gas sector added 1,500 jobs in July, continuing its monthly growth trajectory, the Texas Workforce Commission reports. The state also adjusted June’s job gains, noting 500 more jobs were added than initially reported in the upstream sector, from 3,100 to 3,600.
(The Center Square) – Fewer than half of New Mexicans approve of the job performance of Gov. Michelle Lujan Grisham, a new poll from NM Political Report found.
(The Center Square) – Pennsylvania’s extensive network of natural gas pipelines will remain necessary for the next 30 years, even as the industry said it shares the growing worldwide concern about fossil fuels’ impact on climate change.
(The Center Square) – A federal appeals court has dealt a blow to proponents of dozens of environmental lawsuits aimed at oil and gas companies that have operated in Louisiana.
At the quarterly Montana oil and gas lease sale held on September 1, there were 16 tracts totaling 7,071.02 acres that went for auction.