Acquisitions & Divestitures

Apollo Buys Houston-Based Oilfield Services Company

Express Energy Services offers oilfield services in every major hydrocarbon basin in the U.S.

October 24 2014

EnLink Midstream Moves Utica, Marcellus Assets To MLP

EnLink Midstream expects to have invested roughly $700 million in the Utica and Marcellus region by the end of 2015.

October 24 2014

Aqua Terra Water Management Expands Into Permian Basin

The acquired facilities are located in the Midland Basin of West Texas in Reagan and Upton counties.

October 23 2014

Springer Shale Could Give Oklahoma New Life

The state’s oil production could double by 2020, analyst says.

October 22 2014

Citadel Expands Bakken Shale Operations With Acquisition

The acquisition boosts the Watford City, N.D.-based company’s total freshwater sources to more than 150 locations.

October 22 2014

Study: Oil & Gas Production Fuels Colorado’s Economy

The industry contributed $23 billion to the state’s economy in 2012, according to University of Colorado Boulder report.

October 21 2014

EVEP Completes Sale Of Utica-Focused Cardinal Gas Services

The sale was made in conjunction with France's Total SA, which also sold its 25% interest in CGS.

October 21 2014

Patterson-UTI Closes Eagle Ford, Haynesville Acquisition

The acquisition included 148,250 hp of hydraulic fracturing equipment.

October 21 2014

Oil At $80 A Barrel Upends Shale Output Forecasts

At $80/bbl, output would grow by 5%, down from a previous forecast of 12%, analysts say.

October 21 2014

Earthstone Energy, Oak Valley Resources To Acquire Additional Eagle Ford Interests

At closing, Flatonia will own a 21.4% equity interest in the combined company, while Oak Valley and the current Earthstone stockholders will own 66.0% and 12.6%, respectively.

October 17 2014

Permian Sand Supplier Adds To Its Hydraulic Fracking Inventory

The acquisition will roughly double Eagle's frack sand production capacity and expand its frack sand reserves.

October 17 2014

Whiting Focuses On Maximizing Recovery Efficiency

Senior VP points out that the Bakken’s annual growth rate has been 25% since 2010.

October 16 2014