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More General News
Bakken Operator Touts New Frac Design; Sees +50% Increase in Productivity
Whiting Petroleum posted some new files outlining the improved in well productivity from a complete change to its well / frac designs. The company has changed its stage…
Dejour Energy to Change Name to DXI Energy Inc.
Dejour Energy Inc. has announced that it will change its name to DXI Energy, Inc.
QEP, Tesoro Shareholders Green-Light Merger Deal
Tesoro Logistics LP and QEP Midstream Partners, LP announced the approval of the merger of QEPM with TLLP during a unitholder meeting held today in San Antonio.
Magnum Hunter Aims to Monetize Midstream Unit as Debt Piles Up
Magnum Hunter Resources Corp. has announced that it is looking to sell off its midstream subsidiary, Eureka Hunter, in a bid to combat increasing debt.
Bellatrix Starts-Up Gas Plant at Alder Flats
Bellatrix successfully completed construction of Phase 1 of the Bellatrix Alder Flats Plant ahead of schedule and on budget.
Williston Basin News
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
Empire Petroleum First Quarter 2023 Results
Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…
Vitesse Energy, Inc. First Quarter 2023 Results
Vitesse Energy, Inc. announced first quarter 2023 results. Highlights Completed spin-off from Jefferies Financial Group Inc. (the "Spin-Off") and closed the acquisition of Vitesse Oil, LLC on January…
Exxon Mobil First Quarter 2023 Results
Exxon Mobil Corp. announced its first quarter 2023 results. Highlights: Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix…
ExxonMobil Fourth Quarter, Full Year 2022 Results
Exxon Mobil Corp. reported its fourth quarter and full year 2022 results. Exxon announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in…