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TGS announces a new multi-client 3D seismic survey in the Campos Basin in Brasil

2 hours ago DieselGasoil Comments Off on TGS announces a new multi-client 3D seismic survey in the Campos Basin in Brasil
2/21/2019 Map: TGS Campos Basin, Brazil. HOUSTON — TGS announces a new multi-client 3D seismic survey in the Campos Basin in Brazil. The survey will cover approximately 11,200 km2 within the granted permit area and will be acquired by Shearwater with the Amazon Warrior. The survey will provide contiguous 3D coverage over the highly prospective Read More

Shell Midstream Partners, L.P. 2018 Form 10-K Available on Website

3 hours ago DieselGasoil Comments Off on Shell Midstream Partners, L.P. 2018 Form 10-K Available on Website
Houston, Feb. 21, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 was filed with the U.S. Securities and Exchange Commission and can be viewed on the Partnership’s website at www.shellmidstreampartners.com. The filing can be accessed by selecting Read More

Targa Resources sells 45% interest in Bakken Assets for $1.6 billion

4 hours ago DieselGasoil Comments Off on Targa Resources sells 45% interest in Bakken Assets for $1.6 billion
2/21/2019 Photo: North Dakota.gov. HOUSTON — Targa Resources Corp. has announced that it has entered into definitive agreements to sell a 45% interest in Targa Badlands LLC, the entity that holds all of Targa’s assets in North Dakota, to funds managed by GSO Capital Partners and Blackstone Tactical Opportunities for $1.6 billion in cash. Under Read More

NPD reports production figures for January 2019

5 hours ago DieselGasoil Comments Off on NPD reports production figures for January 2019
2/20/2019 Chart: Norwegian Petroleum Directorate. STAVANGER — Preliminary production figures for January 2019 show an average daily production of 1,8 MMbbl of oil, NGL and condensate, which is a decrease of 30 Mbp day compared to December 2018. Total gas sales were 11.2 billion Sm3 (GSm3), which is an increase of 0.5 GSm3 from the previous Read More

Halliburton breaks ground on first oilfield specialty chemical manufacturing reaction facility in Saudi Arabia

5 hours ago DieselGasoil Comments Off on Halliburton breaks ground on first oilfield specialty chemical manufacturing reaction facility in Saudi Arabia
2/20/2019 HOUSTON — Halliburton Company is pleased to announce it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia. The company held a ground-breaking ceremony on Monday, Feb. 18, at the plant’s PlasChem Park location in Jubail. Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty chemicals to Read More

Empty supertankers reveal truths about today's oil market

5 hours ago DieselGasoil Comments Off on Empty supertankers reveal truths about today's oil market
By Firat Kayakiran on 2/21/2019 LONDON (Bloomberg) — They are slowly plowing their way across thousands of miles of ocean toward America’s Gulf of Mexico coastline. As they do, twelve empty supertankers are also revealing a few truths about today’s global oil market.  In normal times, the vessels would be filled with heavy, high sulfur Read More

ALPHA ENERGY, INC. entered into a Purchase and Sale Agreement with Chicorica, LLC. The Agreement is to acquire oil and gas assets in New Mexico in the Rayado Project.

8 hours ago DieselGasoil Comments Off on ALPHA ENERGY, INC. entered into a Purchase and Sale Agreement with Chicorica, LLC. The Agreement is to acquire oil and gas assets in New Mexico in the Rayado Project.
HOUSTON, Feb. 21, 2019 (GLOBE NEWSWIRE) — Alpha Energy, Inc. (OTC.PK – APHE) (“Alpha”) announced today a definitive Purchase and Sale Agreement with Chicorica, LLC, to acquire oil and gas assets in New Mexico in the Rayado Project. Rayado Project The Rayado Project is a conventional exploration prospect in New Mexico targeting a seismically-defined structure. Read More

VAALCO Schedules Fourth Quarter and Full Year 2018 Earnings Release and Conference Call

20 hours ago DieselGasoil Comments Off on VAALCO Schedules Fourth Quarter and Full Year 2018 Earnings Release and Conference Call
HOUSTON, Feb. 20, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced the timing of its fourth quarter earnings release and conference call. VAALCO said it will issue its fourth quarter 2018 earnings release on Wednesday, March 6 after the close of trading and host a conference call to discuss fourth quarter financial Read More

U.S. shale boom keeps rolling even as wildcatters save cash

1 day ago DieselGasoil Comments Off on U.S. shale boom keeps rolling even as wildcatters save cash
By Kevin Crowley and Rachel Adams-Heard on 2/20/2019 HOUSTON (Bloomberg) — America’s surging shale oil production shows little sign of abating, despite industrywide spending cuts, as explorers learn to do more with less.  Almost all the independent producers have reduced their budgets for 2019, but many still expect to deliver double-digit growth in production this Read More

Amplify Energy Announces Fourth Quarter 2018 Earnings Conference Call

1 day ago DieselGasoil Comments Off on Amplify Energy Announces Fourth Quarter 2018 Earnings Conference Call
HOUSTON, Feb. 20, 2019 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (OTCQX: AMPY) announced today that it will report fourth quarter and full year 2018 financial and operating results on March 6, 2019. Following the announcement, management will host a conference call at 10:00 a.m. CT to discuss the Company’s results. Interested Read More