Post Archive by Day: January 3, 2019

ProPetro Completes Acquisition of Pioneer’s Pressure Pumping Assets

03 January 2019 Topics: Asset/portfolio management Drilling operations Hydraulic fracturing Production and well operations Getty Images Permian midland basin pioneer natural resources propetro ProPetro Holding Corp. completed its acquisition of the pressure pumping service assets of Pioneer Natural Resources Co. on 1 January and will provide services to Pioneer for a term of up to 10 years. Under terms of

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Eni acquires 70% and operatorship of the Oooguruk oil field in Alaska

The acquisition provides 7,000 barrels of oil per day and important operational synergies with the nearby Nikaitchuq field. 03/01/2019 11:00  San Donato Milanese (Milan), 3 January 2019 – Eni enters into agreement to acquire 70% and operatorship of the Oooguruk oil field in Alaska from Caelus Natural Resources Alaska LLC. Eni already owns the remaining 30% working interest. The agreement is subject to the approval of the authorities and to certain

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Concho Resources Inc. Announces New Leadership Appointments

01/03/2019 MIDLAND, Texas–(BUSINESS WIRE)– Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today announced a series of leadership changes that enhance and expand the Company’s management team and position the Company for continued value creation. As previously disclosed and planned, Will Giraud has assumed the position of Executive Vice President and Chief Operating Officer, succeeding Joe Wright, who retired

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Production starts at giant Egina field offshore Nigeria

03 January, 2019 French supermajor Total has bought the Egina field online. Discovered in 2003, the field is located 200km offshore from Port Harcourt, Nigeria. The floating production storage and offloading (FPSO) unit used to develop the Egina field is the largest one Total has ever built, weighing close to 220,000 metric tonnes and measuring 330 metres long by 60

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