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Solaris Water Midstream Boosts Permian Footprint with Concho Resources Deal

2020-07-31 00:45:00| OGI

In conjunction with the deal, Solaris Water Midstreams sponsors and management also increased their capital commitments to support the continued expansion of the companys infrastructure systems in the Permian Basin.

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Shale Producer Concho Resources Second-quarter Loss Widens

2020-07-29 23:00:00| OGI

Midland, Texas-based Concho Resources' net loss widened to $435 million, or $2.23 per share, in the second quarter ended June 30, from $97 million, or 48 cents per share, a year earlier.

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US Oil Producer Denbury Resources Files for Bankruptcy Protection

2020-07-29 18:00:00| OGI

Texas-based Denbury Resources joins a growing wave of companies in oil and gas industry to buckle due to low oil prices.

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Riviera Resources Narrows Focus on Midcon Region with North Louisiana Asset Sale

2020-07-29 00:05:00| OGI

An undisclosed buyer agreed to buy Riviera Resources interest in North Louisiana properties, consisting of about 100 wells averaging 16 MMcfe/d of production, for $26.5 million.

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Eni Discovers Oil Resources In Egypts Western Desert

2020-07-28 16:16:32| OGI

The SWM-A-6X well hit 130 feet of net oil pay in the Paleozoic sandstones of the Dessouky Formation, Eni said.

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