Jericho Closes OK Acquisition
Jericho Oil Corp. has closed on its previously announced acquisition of a 50% working interest in 1,850 acres in northeastern Oklahoma. This transaction is the...
Oilman May-June 2015
New Partner Joins Saddlehorn
A wholly owned subsidiary of Anadarko Petroleum Corp. has exercised its option to purchase a 20% equity interest in Saddlehorn Pipeline Co., resulting in the...
Sanchez Engages Advisor for Possible Sale
Sanchez Production Partners (SPP) has engaged Lantana Energy Advisors to assist with the possible divestiture of SPP’s assets and operations in Oklahoma and Kansas. The...
OCC Issues Disposal Well Directives
The Oklahoma Corporation Commission’s (OCC) Oil and Gas Conservation Division (OGCD) has issued new directives to disposal well operators in Oklahoma as part of the...
Chesapeake Lowers 2015 Capital Budget
Chesapeake Energy has reduced its 2015 capital budget to $3.5 billion to $4.0 billion for 2015, which is a $500 million reduction from its previous...
Independence Resources Management Targets Anakarko
Independence Resources Management plans to use a $500 million investment to focus on activity in the Anadarko Basin. Warburg Pincus, a global private equity firm...
RRC Provides Testimony on Exports
The members of the Railroad Commission of Texas in early March provided invited testimony on U.S. trade policy and its impact on the energy industry...
Texas O&G Paid Record Taxes in 2014
The Texas Oil and Gas Association (TXOGA) in February reported that the Texas oil and natural gas industry paid a record $15.7 billion in state...
Texas LNG Brownsville Seeks NEPA Review
Texas LNG in March asked the Federal Energy Regulatory Commission to initiate a National Environmental Policy Act pre-filing review of the company’s proposed Brownsville LNG...
Rangeland Energy Secures Anchor Shipper
Rangeland Energy has executed a long-term agreement with a subsidiary of Delek US Holdings to be an anchor shipper of crude oil on the Rangeland...