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US Well Services Files Lawsuit Against Halliburton, Cimarex
U.S. Well Services, Inc. has filed a lawsuit for patent infringement against Halliburton Company and Cimarex Energy Co. The original complaint alleges infringement of multiple U.S. Well Services…
DC Court of Appeals Rules to Stay Dakota Access Shutdown
The potential shutdown of Energy Transfer LP's Dakota Access Pipeline has received another reprieve in the latest court ruling on the matter. The U.S. Court of Appeals for…
Large Swath of Oklahoma Land Falls Within Indian Reservation, US Supreme Court Rules
In a move that could complicate things for MidCon-focused operators and midstream companies, the US Supreme Court ruled that a large portion of land in Oklahoma is within…
EagleClaw Midstream Sues Energy Spectrum/CapRock
Blackstone backed-EagleClaw said it is suing its former owners of Caprock Midstream for failing to disclose tens of millions of dollars in liabilities during acquisition talks. EagleClaw in…
PE-Backed E&P Sues Continental for Failure to Close $200 Million Deal
Casillas Petroleum Resources Partners II has sued Continental Resources for breach of contract in failure to close its $200 million purchase and sale agreement that was signed between…
Africa - West Africa News
Chevron, Quantum prepare joint bid for Lukoil’s international assets
Chevron and private equity firm Quantum Energy Partners are preparing a joint bid for the international assets of Russian oil major Lukoil, a package estimated to be worth…
Kosmos Energy Second Quarter 2022 Results
Kosmos Energy Ltd. reported its financial and operating results for the second quarter of 2022. For the quarter, the Company generated a net income of $117 million, or…
Kosmos Energy Third Quarter 2021 Results
Kosmos Energy Ltd. reported its financial and operating results for the third quarter of 2021. For the quarter, the Company generated a net loss of $29 million, or…
Eni Touts 'Major Discovery' Offshore Ivory Coast
Eni announced a major oil discovery in block CI-101 offshore Ivory Coast. The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels…
Marathon Oil Cuts Spending 14% for 2021; 190 Wells TIL, Oil Production Flat
Marathon Oil Corp. reported its Q4 and full year 2020 results, as well as its 2021 capital budget. 2021 Plan - 2021 Capex: $1.0 billion - down 14%…