NorthAmOil Top Story archive

20 October 2016, Week 41, Issue 430

TransCanada announced last week it would offer lower pipeline tolls to producers to ship natural gas from Western Canada to Ontario. The company believes this move will help Canadian producers to...

13 October 2016, Week 40, Issue 429

Construction work restarted on October 11 on the Dakota Access pipeline in North Dakota after a federal appeals court in Washington, DC dealt a setback to a Native American tribe seeking to halt...

06 October 2016, Week 39, Issue 428

Calgary-based Enbridge is selling a pipeline system in Saskatchewan and Manitoba in order to free up cash for its acquisition of Spectra Energy.

29 September 2016, Week 38, Issue 427

The US oil rig count is set for its biggest quarterly rise in two years, according to recently published data from oilfield services firm Baker Hughes.

22 September 2016, Week 37, Issue 426

The provincial government of Alberta approved three oil sands projects last week. The capital cost involved will amount to roughly a combined C$4 billion (US$3 billion) if the projects are built...

15 September 2016, Week 36, Issue 425

Anadarko Petroleum has said it will acquire Freeport McMoRan’s deepwater US Gulf of Mexico assets for US$2 billion. Anadarko said that it would use the revenue from the offshore assets to develop...

08 September 2016, Week 35, Issue 424

US independent EOG Resources is to acquire privately held Yates Petroleum for US$2.5 billion, in a move that will significantly increase its acreage in the Permian Basin.

01 September 2016, Week 34, Issue 423

Royal Dutch Shell is selling some of its assets in the US Gulf of Mexico to privately held EnVen Energy for US$425 million in cash.

25 August 2016, Week 33, Issue 422

PDC Energy announced on August 23 that it had struck agreements to acquire two privately held companies managed by Kimmeridge Energy Management for around US$1.5 billion. The two companies operate...

18 August 2016, Week 32, Issue 421

Permian-focused Parsley Energy announced on August 15 that it will acquire Midland Basin assets near its existing position in Glasscock County, Texas, for US$400 million. This is its fourth such...

11 August 2016, Week 31, Issue 420

Chesapeake Energy announced this week that it has entered an agreement to convey its holdings in the Barnett shale in North Texas to Saddle Operating and to simultaneously terminate future...

28 July 2016, Week 29, Issue 418

Noble Energy has announced that it has recently started production at its Gunflint project in the deepwater US Gulf of Mexico. Output from the two-well field is currently being ramped up to its...

21 July 2016, Week 28, Issue 417

Devon Energy said it has brought a “record-setting” oil well on line in Oklahoma’s Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) play and has engaged in a successful spacing...

14 July 2016, Week 27, Issue 416

Diamondback Energy announced on July 13 that it had struck a deal to buy leasehold interests and related assets in the southern Delaware Basin for an aggregate price of US$560 million from an...

07 July 2016, Week 26, Issue 415

Royal Dutch Shell is reportedly asking for up to US$2 billion from Saudi Aramco as part of the break-up of their US-based refining joint venture, Motiva Enterprises. Citing unnamed sources close...

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