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SM Energy Announces Agreement To Sell 112,200 Acre Leasehold In The Powder River Basin For $500 Million

DENVER, Jan. 9, 2018  — SM Energy Company (the “Company”) (NYSE: SM) today announced that it has entered into a definitive agreement for the sale of a majority of the Company’s Powder River Basin assets for a cash purchase price of $500 million (subject to customary closing price adjustments). President and Chief Executive Officer Jay Ottoson comments: “We are very

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TOURMALINE PROVIDES MARKET UPDATE

Calgary, Alberta – Tourmaline Oil Corp. (TSX:TOU) (“Tourmaline” or the “Company”) is pleased to provide a market update. PRODUCTION UPDATE  Tourmaline achieved the 2017 exit target of 270,000-280,000 boepd, averaging approximately 274,000 boepd in December.  The Company achieved year-over-year production growth of 30% in 2017, also on target. Q4 2017 average production was approximately 263,000 boepd.  Total

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NOV’s pressure pumping equipment featured in January E&P

North American shale has experienced an unprecedented surge in the past several years. As demand has grown, it has become clear that there is a greater need for hydraulic fracturing services. To meet this demand and establish a foothold in the changing land drilling market, Legend Energy Services purchased three full fleets of NOV fracturing equipment, allowing them to transition

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Halliburton Provides Major Software Grant to Sultan Qaboos University

FOR IMMEDIATE RELEASE: January 9, 2018 HOUSTON – January 9, 2018 – Halliburton (NYSE: HAL) today announced a multimillion dollar software grant to the Colleges of Science and Engineering at Sultan Qaboos University in Oman. The grant provides access to leading industry software in geoscience, drilling and reservoir management so that students can gain practical experience to prepare for successful

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Petrosoft will debut its SMB enterprise solution, Petrosoft Enterprise powered by SAP Business One®, at NRF 2018 Retail’s Big Show & EXPO

[PITTSBURGH] – [Jan 9, 2017] (GLOBE NEWSWIRE) – Petrosoft will debut its SMB enterprise solution, Petrosoft Enterprise powered by SAP Business One®, at NRF 2018 Retail’s Big Show & EXPO. Petrosoft Enterprise, which integrates the SAP Business One application with the Petrosoft cloud suite, is designed to meet the information needs of an organization and the retail ecosystem. It provides

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RISC receives another testimonial from Pacific Hunt Energy

09 January 2018. RISC were engaged engage by Pacific Hunt Energy to provide a resource assessment of the Indaw field, onshore Myanmar to support funding for appraisal drilling targeting a potential gas development. The client had this to say about RISC’s work on the unique and challenging project: “RISC used lateral thinking to efficiently describe a very complex field and

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Eni: Financial Calendar 2018

Dates for the review and announcement of 2018 financial results 09/01/2018 11:33 San Donato Milanese (MI), 9 January 2018– Eni announces the dates for the publication of its 2018 quarterly, interim and annual financial reports once approved by the Board of Directors and by the Shareholders’ Meeting: Preliminary financial statements as at December 31, 2017 and dividend proposal for 2017

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ADNOC’s Sour Gas Hail, Ghasha and Dalma Project

09 January, 2018 Abu Dhabi, UAE – January 9, 2018: The Abu Dhabi National Oil Company (ADNOC) awarded the two Front End Engineering Design (FEED) contracts for ADNOC’s planned offshore ultra-sour gas mega project, which consists of the Hail, Ghasha and Dalma fields. Bechtel (UK) was awarded Hail & Ghasha FEED Contract and TechnipFMC (UAE) was awarded Dalma FEED Contract.

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WEATHERFORD SUCKER-ROD MANUFACTURING FACILITY ACHIEVES API/ISO CERTIFICATION FOR QUALITY MANAGEMENT SYSTEMS

Efficient Processes Enable Fast Fulfillment for Artificial Lift Customers HOUSTON, January 9, 2018 – Weatherford International plc announced today that its sucker-rod manufacturing facility in Greenville, Texas, achieved certifications of quality management systems from the American Petroleum Institute (API Q1) and the International Organization for Standardization (ISO 9001:2015) with zero nonconformities. To gain these certifications, an organization must demonstrate the

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OILDEX ROLLS OUT OPENINVOICE ENHANCEMENTS TO IMPROVE BUYER/SUPPLIER COLLABORATION FOR INVOICES AND FIELD TICKETS

Oildex today announced it has rolled out five key enhancements to its OpenInvoice product line that improve the way buyers and suppliers collaborate to streamline their field ticket and invoice automation processes. Oildex made these automation enhancements via regularly scheduled updates to the OpenInvoice SaaS platform in the past 60 days. These updates allow suppliers to reduce the number of

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Gexcon expands operations in Australia chapter through recent presidential induction

Gexcon has appointed Mr. Nenad Mandich as the new President of Gexcon Australia as the company attempts to enlarge its operational scope in the Australian market and to strengthen its organization in the country. Before moving to Australia, Nenad had been stationed in Middle East where he had had a lengthy experience and an extensive background pertaining to the O&G

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Energy Impact Partners Invests in Clevest

Last update: January 9, 2018 Funding from utility partner coalition will enable Clevest to execute growth strategy Clevest has closed an investment with Energy Impact Partners (EIP), a private equity firm that strategically invests in innovative technologies, services, and products throughout the electricity supply chain from generation to consumption. “We are very excited to have EIP as a partner to

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ExxonMobil announces sixth oil discovery offshore Guyana

08 January, 2018 US supermajor ExxonMobil has confirmed that it has made its sixth oil discovery offshore Guyana since 2015. Its Ranger-1 exploration well’s positive results adds to previous discoveries at Liza, Liza Deep, Payara, Snoek and Turbot in the Stabroek Block, which are estimated to hold more than 3.2bn barrels of recoverable oil-equivalent. ExxonMobil affiliate Esso Exploration and Production

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Petrofac secures rotating equipment contract with Chrysaor

08 January 2018 Petrofac has been awarded a Rotating Equipment Management Services contract in support of Chrysaor’s operations in the UKCS. Under the 12-month agreement, Petrofac will provide fully integrated services across Chrysaor’s Armada, North Everest and Lomond assets in the North Sea. The new contract expands Petrofac’s existing role on the assets, which were acquired by Chrysaor in November

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Eni: Sinopec, the world’s largest refining operator, is to use Eni’s EST technology

Eni’s proprietary technology, obtained through Eni’s research and industrial developments, makes it possible to convert refining residues entirely into high-quality light products, eliminating both liquid and solid residues with significant environmental benefits. 08/01/2018 13:45 San Donato Milanese (MI), 8 January 2018 – Eni has sold the licence and basic engineering project to the Chinese company Sinopec, for the construction of a

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API NAMES KELLY ROBBINS AS EXECUTIVE DIRECTOR OF THE ARKANSAS PETROLEUM COUNCIL

North Little Rock, Ark., January 4, 2018 – API today announced Kelly Robbins as the Arkansas Petroleum Council Executive Director. Robbins will be replacing Tom Parker who retired December 31st, 2017. “Tom’s experience and hard work ethic has been an exceptional asset to API,” said API Senior Director of State Government Relations Rolf Hanson. “In his roles as both API Arkansas

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FairfieldNodal and Schlumberger Multiclient Project Update

FairfieldNodal and Schlumberger Announce Phase II of 3D Survey in the Southern Delaware Basin Phase II of Coyanosa Survey in progress in Ward, Reeves and Pecos Counties, Texas The FairfieldNodal and Schlumberger WesternGeco multiclient joint venture project in southern Delaware Basin of West Texas, known as Coyanosa Phase II, is underway and expected to be completed late March 2018. Phase

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GEORGIA PETROLEUM COUNCIL: NEW OFFSHORE ENERGY PLAN WILL BENEFIT GEORGIA CONSUMERS AND STRENGTHEN NATIONAL SECURITY

ATLANTA, January 4, 2018 – Georgia Petroleum Council Executive Director Hunter Hopkins today welcomed the Interior Department’s new proposal for a five-year offshore oil and natural gas leasing plan, putting Georgia on the right track towards greater energy production, new jobs and economic growth. “The new offshore energy plan is welcome news for Georgia’s energy consumers, small businesses, and our

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3esi-Enersight Acquires Aclaro Softworks Inc.

We are excited to announce that 3esi-Enersight has acquired Aclaro Softworks, creators of the powerful corporate reserves system — petroLook™. The acquisition of Aclaro further affirms 3esi-Enersight’s Reserves Management solution as the oil and gas industries best choice for Integrated Reserves Lifecycle Management. petroLook™ is a web-based, scalable and fully configurable Corporate Reserves Management System featuring direct data integration, ad-hoc

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