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LATEST NEWS

August 15, 2018

Diamondback strikes big with $9.2B buy of Energen's shale assets

BY Diamondback Energy Found In:Exploration & ProductionDiamondback Energy Inc. and Energen Corp., have announced that they have entered into a definitive agreement under which Diamondback will acquire Energen in an all-stock transaction. READ MORE

August 14, 2018

Pioneer using 3.0 completions for 2018, upping rigs in 2019

BY Luke GeiverFound In:Exploration & ProductionFor the full-year, the company will continue to operate 20 rigs before adding at least another four, next year. Roughly 275 wells will be completed and placed on production this year, according to the company. READ MORE

August 14, 2018

Moda Midstream acquires Occidental's Ingleside energy terminal

BY Moda Midstream LLC Found In:Infrastructure & ConstructionLiquids terminaling and logistics provider Moda Midstream LLC of Houston announced a definitive agreement to acquire the Oxy Ingleside Energy Center from Occidental Petroleum Corp. READ MORE

August 14, 2018

Ajax turns 2015 shale development plan into $900M-plus payout

BY Luke GeiverFound In:Exploration & ProductionWhen Ajax Resources acquired assets located in the northern Midland Basin three years ago, most observers thought the acreage was along the northernmost edge of the basin and had only one prospective zone. READ MORE

August 14, 2018

Logistics, transportation industry optimistic about economy

BY Patrick C. Miller Found In:LogisticsA survey of the logistics and transportation industry conducted last month by TCompanies shows a high level of optimism about the U.S. economy. Inflation and workforce shortages are viewed as potential concerns by survey respondents. READ MORE

INDUSTRY EVENTS

OilComm and FleetComm

October 3-4, 2018
Houston Mariott Westchase
Houston, Texas

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June 2018

Field-Driven Upgrading

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