Following

GOM Output Seen Blowing Past U.S. Onshore Growth

Following three straight years of production declines after the Macondo well blowout, this year likely will be the first for growth in the Gulf of Mexico (GOM) since 2009, but it certainly won’t be the last, said Raymond James & Associates Inc.

March 20, 2013

SandRidge Reluctantly Accepts Hedge Fund’s Board Candidates

Following a judge’s decision in favor of TPG-Axon Capital, SandRidge Energy Inc. last week cleared the way for shareholders to consider a slate of candidates proposed by the hedge fund to replace SandRidge’s entire board of directors.

March 18, 2013
SandRidge Shareholders to Consider Hedge Fund’s Board Candidates

SandRidge Shareholders to Consider Hedge Fund’s Board Candidates

Following a judge’s decision in favor of TPG-Axon Capital, SandRidge Energy Inc. on Tuesday cleared the way for shareholders to consider a slate of candidates proposed by the hedge fund to replace SandRidge’s entire board of directors.

March 14, 2013

People

Tony Hayward, who resigned as BP plc Group CEO following the turbulence that followed the the Macondo well blowout in the Gulf of Mexico’s deepwater, has taken over as chairman of UK-based CompactGTL, which has pioneered a modular gas-to-liquids (GTL) system for flared natural gas. Hayward has been running Genel Energy plc, an Anglo-Turkish explorer. He also participated in Vallares plc, an energy fund vehicle backed by a group of investors. Royal Dutch Shell plc is the dominant leader in giant global GTL technology; CompactGTL is on the other end of the spectrum. The smaller plants are designed to harness flared gas from oilfields.

March 11, 2013

Former BP Chief Takes Helm at GTL Developer

Tony Hayward, who resigned as BP plc Group CEO following the turbulence that followed the the Macondo well blowout in the Gulf of Mexico’s deepwater, has taken over as chairman of CompactGTL, which has pioneered a modular gas-to-liquids (GTL) system for flared natural gas.

March 11, 2013
Hearings Set for Draft California Fracking Rules

Hearings Set for Draft California Fracking Rules

California state oil/natural gas officials have scheduled the first in a series of all-day public workshops for Feb. 19 in Los Angeles to gain feedback on draft hydraulic fracturing (fracking) rules for the state.

February 13, 2013
Gulfport Gas Output Up, Oily Production Falls

Gulfport Gas Output Up, Oily Production Falls

Gulfport Energy Corp., which released its 4Q2012 and full-year operations results on Wednesday, reported strong natural gas growth in the onshore, with falling oil and natural gas liquids (NGL) output.

February 8, 2013

Offshore Drillers’ Reinvestment Coming at Opportune Time

Following a turbulent period in the Gulf of Mexico after the Macondo well blowout in April 2010, offshore drilling companies have rebounded and are outperforming the top land service providers, according to IHS Inc.

February 4, 2013

Offshore Reinvestment Coming at Opportune Time

Following a turbulent period in the Gulf of Mexico after the Macondo well blowout in April 2010, offshore drilling companies have rebounded and are outperforming the top land service providers, according to IHS Inc.

February 4, 2013

Domestic M&A Lifted by End-of-Year Action

U.S. merger and acquisition (M&A) activity in the U.S. oil and natural gas industry last year gained substantially following a flurry of activity in the final three months, according to PwC US.

February 4, 2013