Laredo snaps up Broad Oak, creating larger Permian player
Joining of two private E&P firms creates a larger firm with a presence in Texas' Permian Basin.
View ArticleWest Texas shale could dwarf Eagle Ford
Texas is awash in oil and gas, with rigs proliferating from the Permian Basin to the Haynesville Shale. Now, another shale play in West Texas is causing a stir, with early estimates of recoverable...
View ArticleDrilling rigs boom in Texas — and across the US
In case you were wondering whether there was really an oil Renaissance happening in Texas, the state has 838 drilling rigs – about 47 percent of all U.S. rigs and 26 percent of drilling rigs worldwide.
View ArticleTexas rig snapshot: Permian, EagleFord, Granite Wash and more
There are 834 drilling rigs hunting oil and gas in Texas - 47.5 percent of U.S. rigs and 24 percent of drilling rigs worldwide, according to the latest Baker Hughes Rig Count. Most of the Texas rigs...
View ArticleLinn Energy buying Devon assets for $2.3 billion
Houston's Linn Energy has inked a deal to buy assets in five U.S. operating areas from Devon Energy Corp. for $2.3 billion.
View ArticleLinn to buy $340M in assets from Pioneer, sell in Anadarko Basin
HOUSTON — Linn Energy inked a $340 million deal to buy 235,000 net acres in the Hugoton Basin from Pioneer Natural Resources Co. and announced a $90 million sale in the Anadarko Basin. The deals, done...
View ArticleLinn Energy is selling $2.3 billion in assets
Proceeds from Linn's sales will be to pay for $2.3 billion worth of assets it bought Devon Energy Corp.
View ArticleLinn produced more oil and gas in the first quarter despite a 65 percent...
Linn Energy continues to pump more oil and gas from the ground despite dramatic spending reductions, the company announced Wednesday.
View Article
