Drive

Execution, Evolving Strategies Keys to E&P Success — Herold Study

Exploration and production (E&P) companies take different routes in their drive to add value, and their road maps may follow mergers and acquisitions, organic growth, diversification or a simple focus on one region. However, what sets the winners apart is how well they execute their strategies and how quickly they evolve when times change, a John S. Herold equity analyst said Thursday.

January 27, 2006

Senate Rejects Democratic Bid to Levy a Windfall Profits Tax

The Republican-led Senate fended off a Democratic drive Thursday to levy a controversial windfall profits tax on the earnings of major energy companies as part of a $60 billion tax reconciliation package.

November 18, 2005

BP Begins Recruiting Drive to Boost North American Operations

With oil and natural gas at record prices and production levels falling, BP plc is on a massive recruiting drive, and has hired 13 search firms to hire 400 new geologists, reservoir engineers, drilling specialists and other technicians to boost its North American operations from the Gulf of Mexico to Canada by the end of the year.

August 17, 2005

Battle Over Colorado’s Gas-Rich Roan Plateau Heats Up

One of the current hotspots in the drive to bring on new gas supplies from the Rocky Mountains involves the Roan Plateau, which rises 3,000 feet northwest of the town of Rifle, CO, in the mineral-rich Uinta-Piceance Basin.

April 25, 2005

Battle Over Colorado’s Gas-Rich Roan Plateau Heats Up

One of the current hotspots in the drive to bring on new gas supplies from the Rocky Mountains involves the Roan Plateau, which rises 3,000 feet northwest of the town of Rifle, CO, in the mineral-rich Uinta-Piceance Basin.

April 19, 2005

Shell Begins Recruitment Drive to Hire 1,000 Engineers

One year after Royal Dutch/Shell Group began downgrading its worldwide oil and natural gas reserves, the company said last week it has begun a recruitment effort to hire more than 1,000 petroleum engineers to bolster the exploration and production (E&P) unit.

January 24, 2005

Shell Begins Recruitment Drive to Hire 1,000 Engineers

One year after Royal Dutch/Shell Group began downgrading its worldwide oil and natural gas reserves, the company said Tuesday it has begun a recruitment effort to hire more than 1,000 petroleum engineers to bolster the exploration and production (E&P) unit.

January 19, 2005

Trading, Merchant Generation Drive Sempra Profits; ’04 Estimates Raised

In a maelstrom of bullish news, Sempra Energy Thursday not only reported sharply increased third quarter and nine-month earnings results, but also increased its overall profit projections for the year, predicting bigger growth in all three main business units and a reorganization effective next year that will split up its lagging energy services business.

November 8, 2004

Trading, Merchant Generation Drive Sempra Profits; ’04 Estimates Raised

In a maelstrom of bullish news, Sempra Energy Thursday not only reported sharply increased third quarter and nine-month earnings results, but also increased its overall profit projections for the year, predicting bigger growth in all three main business units and a reorganization effective next year that will split up its lagging energy services business.

November 5, 2004

Trading, Merchant Generation Drive Sempra Profits; ’04 Estimates Raised

In a maelstrom of bullish news, Sempra Energy Thursday not only reported sharply increased third quarter and nine-month earnings results, but also increased its overall profit projections for the year, predicting bigger growth in all three main business units and a reorganization effective next year that will split up its lagging energy services business.

November 5, 2004
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