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NEWS Click on text to read news by category: General | Product | People | Worldwide

Fluor Completes Module Fabrication for Fort Hills Oil Sands Mining Project, Canada

October 24, 2016

Fluor Corporation has fabricated all 358 modules and shipped to the site for its portion of the Fort Hills Energy L.P. oil sands mining project in the Athabasca region of Alberta, Canada. Fluor is performing engineering, procurement, fabrication and construction

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SM Energy to Acquire QStar’s Midland Basin Oil and Gas Assets for $1.6 Billion

October 24, 2016

US based firm SM Energy has agreed to acquire 35,700 net acres in Howard and Martin Counties in West Texas from QStar, a portfolio company of EnCap Investments and a related entity, for $1.6bn. The acreage considered for acquisition is

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Ardiden Advances Canadian Lithium and Graphite Projects

October 21, 2016

Ardiden Ltd has completed the initial exploration programs at the Seymour Lake and Root Lake lithium projects and the Manitouwadge graphite project, all of which are located in Ontario, Canada. The programs continue to deliver strong results as Ardiden advances

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Crestwood Equity, Williams Partners to Restructure Gathering & Processing Contract with Chesapeake

October 20, 2016

Williams Partners L.P. and Crestwood Equity Partners L.P., as 50/50 joint venture partners in the Bucking Horse natural gas processing plant and Jackalope Gas Gathering System, have signed an agreement with Chesapeake Energy Corporation to restructure natural gas gathering and

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Paradigm Named Winner for Best Exploration Technology in 2016 World Oil Awards

October 20, 2016

Paradigm’s EarthStudy 360® full-azimuth angle domain imaging and analysis solution, has won the 2016 World Oil award for Best Exploration Technology. EarthStudy 360® was named the Best Exploration Technology for its innovative approach to high-resolution seismic imaging and interpretation of

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Rare Earth Exploration Utilizes New Technology in Arizona Helium Boom

October 18, 2016

The Holbrook Basin of northern Arizona is being hailed as the “Saudi Arabia of Helium” by those in the know who are close to the natural gas and oil exploration industries. While this has been a known fact for quite

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EQT Midstream Partners Acquires Transmission, Storage and Gathering Assets from EQT Corp.

October 14, 2016

EQT Midstream Partners, LP has acquired the Allegheny Valley Connector transmission and storage system, along with several Marcellus gathering systems from EQT Corporation for $275 million in cash. EQM funded the acquisition with borrowings from its revolving credit facility. The

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Eco-Terrorists Sabotage Several Pipelines in Canada, North Dakota, and Minnesota

October 14, 2016

Eco-terrorists in four states were arrested Tuesday for attempting to sabotage Canadian and U.S. oil pipelines in an effort to show solidarity with the Dakota protesters. Climate Direct Action said their actions were in support of the Standing Rock Sioux

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Krewe Energy Acquires Remaining Interest at Lapeyrouse Oil Field, Louisiana

October 13, 2016

Krewe Energy, LLC, has completed the acquisition of the remaining working interest in the Lapeyrouse Field, giving Krewe approximately 100 percent interest in the field. The Lapeyrouse Field is a South Louisiana legacy property that has been actively producing since

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Catoosa Test Facility Completes Expansion of Downhole Drilling and Research Facility, Oklahoma

October 13, 2016

Catoosa Test Facility (CTF) has completed a $2.5 million dollar expansion at its facility in Pawnee County, Oklahoma that will double borehole testing capacity for oilfield manufacturers in the research and development phase of new product development. The expansion was

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