Strong Indicators Give Boost to Oil Price
The price of oil received a boost after an April 11 announcement by the two largest oil-producing nations revealed that they were considering continuing production...
Oilman May-June 2017
Uncovering Great Deals
I have all of the Oilman Magazines that I’ve ever been featured in on my bookshelf. I’m surprised at how many there are and humbled...
Joint Venture to be Formed by Schlumberger and Weatherford
On March 24, Schlumberger and Weatherford announced an agreement to create a joint venture known as OneStim. According to a joint release by the companies,...
Custom Automatic Integrated System Saves NGL Plant Money
By U.S. Water NGL Plant Filters Overburdened, Automated Equipment Integration Saves Money An NGL plant is producing an unusual product for use in the oil...
Trump Orders Agencies To Identify Obstacles To Energy Production
Energy policy has taken an about-face in the nation’s capital. Instead of the President implementing policies to restrict the use of the nation’s most plentiful...
Mammoth Energy Acquires Three Oil Companies
Mammoth Energy Services, Inc., announced on March 21st that it is purchasing three oilfield services companies in an effort to further its offerings in the...
Bankruptcy Restructuring Offers Relief to Chaparral Energy
Oklahoma City-based Chaparral Energy, a private exploration and production company, announced on May 9th that it had filed for Chapter 11 bankruptcy relief in the...
Senator Ted Cruz’s Endorsement for the Oil and Gas Industry is Timely
Houston-based land-contract drilling services provider Scandrill hosted an official visit by U.S. Senator Ted Cruz (R), on Monday, February 20, 2017. The purpose of the...
Appeals Court Rules in Favor of Oil and Gas Companies in Louisiana Case
On March 3, a federal appeals court affirmed a district court’s decision to dismiss a case alleging that oil and gas companies were responsible for...
Stone Energy Corporation Completes Restructures after Bankruptcy
Lafayette, Louisiana-based Stone Energy Corporation announced on February 28 that it had successfully completed the requirements for emerging from their chapter 11 financial reorganization. The...