While Callon would acquire for $1.2 billion Carrizo, the sale is pitched as a merger of near-equals of Houston-based producers in an all-stock deal. But New York hedge fund manager Paulson & Co., which holds nearly 10 percent of Callon’s shares, is contending it’s a bad deal. Texas […]
British oil major BP is drilling under a new name in Texas and Louisiana. 🔥 Texas Oilfield Caps 🔥 Nearly a year after buying the onshore North American assets of Australian conglomerate BHP in a $10.5 billion deal, BP has launched BPX Energy as the new operating company […]
Houston pipeline operator Kinder Morgan is staring a new pipeline to move natural gas the from the Permian Basin to Corpus Christi ahead of schedule. In a statement, Kinder Morgan said its 448-mile Gulf Coast Express Pipeline will begin full commercial service on Wednesday. Puro Pinche Oilfield Caps […]
When CBS7 News arrived at the Chevron Gas Plant in Andrews around 2:00 P.M. our reporter found the plant unlocked with apparently no one inside. Texas Oilfield Caps We were told that a social media post sent workers home for the day. We have reached out to Chevron […]
The U.S. tried to build its case Monday that Iran was behind the fiery weekend attack on key Saudi Arabian oil facilities that raised new war worries and sent energy prices soaring. Iran denied responsibility, while President Donald Trump said the United States was “locked and loaded” to […]
The U.S. briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more. American Oilfield Caps Surging output from shale helped America ship almost 9 million barrels a day of crude and oil products in […]
The Texas energy sector has managed to add jobs and increase oil and gas production in the past 12 months despite lower oil prices, but fears of a slowdown loom for the rest of this year and into 2020, according to a midyear “State of Energy” report. Awesome […]
An early-morning oil rig fire in Karnes County forced families to evacuate their homes. That fire started at a rig on FM 885 south of Runge around 3:45 a.m. Saturday. Texas Oilfield Caps Karnes County Sheriff Dwayne Villanueva says it appears static electricity sparked the rig fire. Eleven […]
The loved ones of a worker who died on an oilfield site on Monday August 19th near Stoughton Saskatchewan is being remembered as caring, kind, compassionate and empathetic. God Bless Oilfield Caps Mark Biglin, 38, was from Brooks, Alberta and leaves behind three children. “He was my bigger […]
This big oil company is roaring back to life as the company prepares for a large round of horizontal drilling in the Permian Basin. Texas Oilfield Caps The exploration and production company Encana filed for 14 drilling permits on its Neal 39 leases in Upton County. Located about […]
