Monthly Archives: September 2017

Pembina & Veresen Announce Common Shareholder Consideration Election Results

CALGARY, ALBERTA–(Marketwired – Sept. 22, 2017) – Pembina Pipeline Corporation (TSX:PPL)(NYSE:PBA) (“Pembina”) and Veresen Inc. (TSX:VSN) (“Veresen”) have announced the results of elections by Veresen common shareholders (“Shareholders”) to receive either Pembina common shares or cash pursuant to the previously announced plan of arrangement (the “Arrangement”). Based on elections received and applicable pro rationing, each [Read More…]

Source: BOE Report

Dynegy Closes on Transaction to Sell Dighton and Milford Facilities in Massachusetts

HOUSTON–(BUSINESS WIRE)–Dynegy Inc. (NYSE: DYN) has closed on the sale of its Dighton and Milford energy facilities to Starwood Energy Group Global. As previously disclosed, the $119 million in proceeds from the sale will go toward debt reduction. The transaction, undertaken to address Federal Energy Regulatory Commission (FERC) concerns about competition in the ISO-NE’s Southeastern [Read More…]

Source: BOE Report

Noble Energy Will Host Its Third Quarter 2017 Results Conference Call and Webcast on October 31st

Houston, Sept. 22, 2017 (GLOBE NEWSWIRE) — Noble Energy, Inc. (NYSE: NBL) will host its third quarter 2017 results conference call and webcast at 8:00 a.m., Central Time, Tuesday, October 31, 2017.  The Company plans to issue its financial and operating results, including supporting materials, after market close on the previous day. The live audio [Read More…]

Source: BOE Report

Weatherford Announces Registered Exchange Offer For Previously Issued 9.875% Senior Notes Due 2024

BAAR, Switzerland, Sept. 22, 2017 /PRNewswire/ — Weatherford International plc (NYSE: WFT) (the “Company” or “Weatherford”) announced today that Weatherford International Ltd. (“Weatherford Bermuda”), a Bermuda exempted company and indirect, wholly owned subsidiary of the Company, is offering to exchange up to $790 million aggregate principal amount of its 9.875% Senior Notes due 2024, which [Read More…]

Source: BOE Report

Dominion Energy Ohio reminds customers: Annual Furnace and Appliance Inspections, Home Energy Assessments, Help Provide Safe, Economical Comfort Year-round

CLEVELAND, Sept. 22, 2017 /PRNewswire/ — Dominion Energy Ohio reminds customers that an annual inspection of their furnace and other natural gas appliances by a qualified, reputable contractor, can help ensure their home is safe, comfortable and energy efficient all year long. The company is also offering discounted home energy assessments for $25 through its [Read More…]

Source: BOE Report

Oil Prices Plateau After OPEC Meeting

Oil markets had a neutral reaction to OPECs uneventful meeting, suggesting that, as Stephen Brennock suggested, the "bull market may be running out of steam." Friday, September 22, 2017 (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)Oil prices firmed up this week, holding onto gains ahead ...

Source: Oilprice.com

Canada Weekly Rig Count Increases by 8 to 220

Western Canada’s fleet of drilling rigs increased to 220 actively drilling rigs according to data collected by Baker Hughes for the week of September 22. From one week ago, Alberta rig counts increased to 144 rigs from 141, the Saskatchewan rig count increased to 44 from 43. Oil drilling increased to 120 from 112 rigs; [Read More…]

Source: Headlines – BOE Report

U.S. oil drillers cut rigs for third week in a row: Baker Hughes

U.S. energy firms cut the number of oil rigs operating for a third week in a row as a 14-month drilling recovery stalled as companies pared back on spending plans when crude prices were softer. Drillers cut five oil rigs in the week to September 22, bringing the total count down to 744, the least [Read More…]

Source: Headlines – BOE Report

Calgary-based Veresen Inc. says its Jordan Cove project is now estimated to cost about US$10 billion to build

Calgary-based Veresen Inc. says its Jordan Cove project is now estimated to cost about US$10 billion to build

Canadian firm applies to build $10-billion Jordan Cove LNG project in Oregon

CALGARY - The Canadian company whose proposal to build an LNG export terminal in Oregon was derailed by regulators last year has resubmitted its...

Source: FB-RSS feed for BOE Report

$400 Million Project Planned for Oklahoma East STACK Play

Oklahoma-City based Tall Oak Midstream III, LLC announced on September 19 that it is building a natural gas gathering system in Oklahoma’s East STACK play, the next large project which is part of a series of investments the firm has dedicated to developing its prospects in the region. Tall Oak III was formed two months...

The post $400 Million Project ...

Source: Oilman Magazine – The Magazine for Leaders in American Energy

Marcellus & Utica Shale Story Links: Fri, Sep 22, 2017

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Wayne Forest lease sales change lives with nearly $7M to date; WV’s Charlie Burd ‘Man of the Year’; Shell teaches kids about energy jobs; corrupt Cuomo colludes with other governors to fleece residents re climate change; PA’s […]

Source: Marcellus Drilling News

USA – Houston, Texas: senior analyst land DPUSA OE (210976), Finance & Control

Responsible for administering the creation and maintenance of well-specifc master data in SAP in accordance with established guidelines.
This is a technical position in which support and advice are primary functions, as related to but not limited to SAP and Winshuttle.
This position works closely with members of GBS, Performance Management, Land and Land Administration.
Requires high degree of communication ...

Source: Statoil - Vacant positions

The settlement of Sheksna hosted the opening of a Gazprom Class at the Ustye-Ugolskaya School



The settlement of Sheksna hosted the opening of a Gazprom Class at the Ustye-Ugolskaya School. It is the first establishment of this kind in the Vologda Region. A total of 24 tenth-graders will attend lessons within the project. Thanks to the financial support of Gazprom Transgaz Ukhta, the Gazprom Class was provided with an individual classroom and information stands about ...

Source: FB-RSS feed for Gazprom

Twin Eagle Expands Northeast With West Virginia Frack Sand Terminal Acquisition

Twin Eagle Sand Logistics LLC said Sept. 21 it acquired a West Virginia frack sand terminaling asset, marking the Houston-based company's entry into the Northeast Marcellus and Utica shale market. Twin Eagle purchased the terminaling asset, located near Bridgeport, West Virginia, from Process Transloading Bridgeport for an undisclosed amount. The terminal serves the southern Utica and Marcellus sand logistic markets ...

Source: Oilandgasinvestor.com Feeds

Total, Chevron Form Deepwater GoM Exploration Pact

Two deepwater players are joining hands in the U.S. Gulf of Mexico (GoM) on a mission to capture seven prospects spread across 16 blocks. Paris-based Total said Sept. 22 that its subsidiary Total E&P USA entered an agreement with Chevron U.S.A. in the deepwater GoM. The targeted prospects are located in what Total described as “two promising ...

Source: Oilandgasinvestor.com Feeds

The Alphabet Of Oil And Gas

A version of this story appears in the September 2017 edition of Oil and Gas Investor. Subscribe to the magazine here. Apparently, it is impossible to spell “G-O-R” in oil and gas without the letter “E.” A kerfuffle between Wall Street and Permian Basin E&Ps bubbled up in second-quarter 2017 earnings calls and shed insight into the conundrum of how ...

Source: Oilandgasinvestor.com Feeds

OPEC Says Winning Battle To Curb Oil Glut

Output cuts by OPEC and other oil producers are clearing a supply glut that has weighed on crude prices for three years, ministers said at a meeting on Sept. 22 to review the pact that expires in March 2018. OPEC, Russia and several other producers have cut production by about 1.8 million barrels per day (bbl/d) since January. The ...

Source: Oilandgasinvestor.com Feeds

Phillips 66 Partners To Acquire Stake In Bakken Pipeline JVs In $2.4 Billion Dropdown

Phillips 66 Partners LP (NYSE: PSXP) said Sept. 22 it would buy assets from Phillips 66 (NYSE: PSX) in a dropdown deal valued at $2.4 billion, including debt. The deal includes the acquisition of a 25% interest in each Dakota Access and Energy Transfer Crude Oil pipelines and a 100% interest in Merey Sweeny LP fuel-grade coke processing unit. ...

Source: Oilandgasinvestor.com Feeds

EIA now publishes estimates of monthly rail shipments of petroleum coke and asphalt

To document industry changes and improve data series on petroleum product shipments, EIA’s most recent "Petroleum Supply Monthly" includes new information on petroleum coke and asphalt movements by rail within the United States and to and from Canada. Similar to EIA’s petroleum and biofuel rail movement data, the new monthly data include rail movements dating back to January 2010.

Source: EIA: Today in Energy

Phillips 66 Partners Announces Private Placement of $750 Million Series A Perpetual Convertible Preferred Units and $300 Million Common Units

HOUSTON–(BUSINESS WIRE)–Phillips 66 Partners LP (NYSE: PSXP) (the “Partnership”) announced that it has entered into an agreement to sell $750 million of newly issued Series A Perpetual Convertible Preferred Units (the “Preferred Units”) at a price of $54.27 per preferred unit and 6,304,204 common units at $47.59 per common unit in a private placement. The [Read More…]

Source: Headlines – BOE Report

Phillips 66 Partners Announces $2.4 Billion Acquisition

Acquisition includes Interests in Bakken Pipeline Joint Ventures and Merey Sweeny, L.P. Transaction valued at $2.4 billion Consideration of $1.7 billion consisting of cash, debt and partnership units Expected to be immediately accretive to unitholders Assets include 25 percent interest in Bakken Pipeline joint ventures and 100 percent interest in Merey Sweeny, L.P. HOUSTON–(BUSINESS WIRE)–Phillips [Read More…]

Source: Headlines – BOE Report

USA – Austin, Texas: Intern–Engineer (9165), Operation & Maintenance

Under the general guidance of the applicable Manager, the Engineer Intern is responsible for the completion of a project supporting drilling, completions, production or reservoir engineering and operations.

The work is to be conducted in a safe, legal, and environmentally/socially responsible and effective manner, and in conformance with established Statoil guidelines, policies, procedures, and applicable governmental regulations.

The position will ...

Source: Statoil - Vacant positions