Tourmaline Oil Corp. announced an agreement Monday to buy Bonavista Energy Corp. in a deal worth $1.45 billion.
Tourmaline Oil announces deal to buy Bonavista Energy worth $1.45 billion
Canada to Lead World’s Oil Production in 2024
Canada could become the world’s biggest contributor in 2024. An increase in oil production by about 500,000 bpd is expected, which exceeds the 400,000 bpd increase predicted for the United States.
Texas Oil & Gas Pipeline Projects
The information on this page is updated weekly with a pipeline projects within Texas. The source of the information is the Railroad Commission of Texas T4 Pipeline permits.
ExxonMobil announces merger with Pioneer Natural Resources in an all-stock transaction
Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer.
Mid Con (TX, OK, LA, NM) 2023 Rig Count Summary
Tracking active drilling rigs in Texas, Oklahoma, New Mexico and Louisiana in 2023 we have seen the rig count drop from 608 rigs to 482 rigs a loss of 126 rigs.
ExxonMobil, Pioneer Merger Could Finally Become Reality
In a story that should surprise no one, the Wall Street Journal and others are reporting that the long-anticipated deal between U.S. energy giant ExxonMobilXOM -1.7% and Permian Basin titan Pioneer Natural ResourcesPXD +10.5% could finally be upon us.
23 New Shale Well Permits Issued for PA-OH-WV Sep 25 – Oct 1
New shale permits issued for Sep 25 – Oct 1 in the Marcellus/Utica were up a few ticks from the previous week. There were 23 new permits issued last week, up from 21 permits issued two weeks ago.
Two Devon Energy wells produced 1,100 barrels of oil a day near Okarche, OK
Devon Energy recently filed completion reports on two wells drilled on a single pad in Canadian County with production of more than 1,100 barrels of oil a day.
Callon Petroleum Releases Annual Sustainability Report
Callon Petroleum Company (NYSE: CPE) today announces the publication of its 2022 Sustainability Report, highlighting the Company’s progress and initiatives on environmental commitments, social responsibility, and sustainable governance practices.
Ovintiv finds major producing wells near El Reno, OK
Jorge 1407 2H-31X was the largest producer at 1,951 barrels of oil a day and 2,497 Mcf of natural gas from a depth of 20,078 feet and a true vertical depth of 8,814 feet
