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Category: Oil & Gas News

Kodiak Gas Services aims for $1.65 billion valuation in US IPO

June 21, 2023 Author: phinds Category: Oil & Gas News

Kodiak Gas Services looking to sell 16 million shares in its initial public offering priced between $19 and $22 apiece. It is expected to raise about $352 million at the top of the proposed range.

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Baytex announces closing of Ranger acquisition and updated guidance for 2023

June 21, 2023 Author: phinds Category: Oil & Gas News

Baytex average production for the second quarter of 2023 is estimated at 88,500 to 89,000 boe/d, which includes production from Ranger for the 11 days following closing of the Merger.

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Pipeline Industry in Texas has $61 billion impact on state

June 20, 2023 Author: phinds Category: Oil & Gas News

Pipeline industry had a more than $60 billion economic output in Texas in 2022.

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Woodland Development Corp. buyer of Vermilion’s southeast Saskatchewan assets 

June 20, 2023 Author: phinds Category: Oil & Gas News

Woodland Development Corp., “a private light oil and gas exploration and development company focused on the conventional oil and gas reservoirs of SE Saskatchewan

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Caracara Services and Battalion Oil to develop Amine Treater in the Permian

June 19, 2023 Author: phinds Category: Facility

Dallas-based Caracara Services has formed a joint venture with a subsidiary of Houston-based Battalion Oil Corporation to develop and fund Brazos Amine Treater

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Patterson-UTI to Buy NexTier Creating Shale-Services Giant

June 19, 2023 Author: phinds Category: Oil & Gas News

Patterson-UTI Energy Inc. agreed to acquire NexTier Oilfield Solutions Inc. in an all-stock deal worth $1.9 billion that forms one of the shale sector’s biggest providers of drilling and fracking services.

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Permian Basin expected to lead Texas in percentage growth in jobs and output

June 17, 2023 Author: phinds Category: Oil & Gas News

Permian adding over 11,000 jobs by 2027

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Whitecap Resources Inc. charged following 2021 leak outside Didsbury

June 17, 2023 Author: phinds Category: Oil & Gas News

Alberta Energy Regulator (AER) has laid two charges against Whitecap Resources Inc.

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Kinder Morgan Pipeline Project

June 16, 2023 Author: phinds Category: Oil & Gas News

Kinder Morgan had a Pipeline Addition Permit T00762 of 9 miles for an exiting pipeline

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Earthstone Energy to buy Delaware Basin-focused Novo Oil & Gas for $1.5 billion

June 16, 2023 Author: phinds Category: Oil & Gas News

Earthstone Energy Inc (ESTE.N) said on Thursday it would buy Novo Oil & Gas Holdings for $1.5 billion in a bid to boost its presence in the Delaware Basin.

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