NorthAmOil Top Story archive

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...

30 June 2016, Week 25, Issue 414

Energy Transfer Equity has called off its multi-billion dollar plan to merge with pipeline operator Williams, the company announced on June 29. Energy Transfer provided written notice of the...

23 June 2016, Week 24, Issue 413

US independent Marathon Oil has agreed to buy PayRock Energy Holdings for US$888 million from venture capital firm EnCap Investments.

16 June 2016, Week 23, Issue 412

After 19 months of further drilling at its Bay du Nord discovery offshore Newfoundland and Labrador, Norway’s Statoil has said that the find could be at the lower end of its previous reserves...

09 June 2016, Week 22, Issue 411

Devon Energy has struck a number of deals to sell natural gas-oriented assets in Oklahoma and Texas for nearly US$1 billion. The company did not disclose the purchasers’ identities. The properties...

02 June 2016, Week 21, Issue 411

Hercules Offshore has announced that it plans to file for Chapter 11 bankruptcy for the second time in under a year.

Pages