BOE Report

Devon Energy to Present at JPMorgan Energy Equity Conference

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today that Chief Operating Officer Tony Vaughn will present at the JPMorgan Energy Equity Conference in New York on Monday, June 26, 2017 at 3 p.m. ET. The event will be available to the public via webcast. A link to the webcast will be accessible from Devon’s home page at www.devonenergy.com on the date of the event. The presentation will include forward-looking [Read more]

Williams Appoints Chad Zamarin as Senior Vice President of Corporate Strategic Development

TULSA, Okla.--(BUSINESS WIRE)--The Williams Companies, Inc. (NYSE: WMB) (“Williams”) today announced that Chad Zamarin has been appointed senior vice president of Corporate Strategic Development (CSD), effective June 26. He succeeds Frank Billings, who previously announced his retirement. In this role, Mr. Zamarin will be responsible for enterprise-level strategy, business development, customer-relationship management, and have additional responsibility [Read more]

ExxonMobil Announces Successful Muruk Sidetrack Production Test

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced positive production well test results from the Muruk 1 sidetrack 3 well in the Papua New Guinea North Highlands located about 13 miles (21 kilometers) northwest of the Hides gas field. The well successfully flowed gas at a rate of 16 million standard cubic feet per day. The well rate was constrained by test facilities which limited tests to short flow and [Read more]

Keyera Partnership Signs Sour Gas Processing Plant Agreement with Jacobs

Agreement boosts Jacobs’ presence in Canada’s midstream industry DALLAS--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) has signed an engineering services agreement with Keyera Partnership (TSX:KEY), which operates one of the largest independent midstream energy companies in Canada. The company services oil and gas producers in Western Canada and transports natural gas liquids such as propane, ethane, butane, condensate and iso-octane [Read more]

Halliburton Names New Chief Financial Officer

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) is pleased to announce the appointment of Christopher (Chris) Weber as executive vice president and chief financial officer (CFO) effective June 22, 2017. Weber joins Halliburton from Parker Drilling Company, a global provider of drilling services and rental tools, where he served for four years as senior vice president and CFO. Weber has more than 20 years of experience in the energy [Read more]

Baker Hughes and GE Reach Agreement with DOJ to Complete Proposed Transaction

HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI) and General Electric Company (NYSE:GE) announced today that they have reached an agreement with the Department of Justice that would allow the parties to complete their proposed transaction under U.S. law. Today’s milestone represents significant progress toward creating an oil and gas productivity leader positioned to deliver value for customers, employees and shareholders. Pursuant to a proposed consent decree filed today in [Read more]

Plains All American Pipeline Announces Extension of Open Season for Permian Basin to Cushing Pipeline

HOUSTON--(BUSINESS WIRE)--A subsidiary of Plains All American Pipeline, L.P. (NYSE: PAA) today announced that the open season for committed crude oil pipeline capacity from Midland, TX/Colorado City, TX to Cushing, OK that commenced on April 18, 2017 has been extended to 5 p.m. CT on June 9, 2017 to incorporate certain modifications requested by shippers. Potential shippers who have signed a confidentiality agreement will be sent the final TSA [Read more]

Devon Energy Announces Third-Quarter 2017 Cash Dividend for Common Stockholders

OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the third quarter of 2017. The dividend is payable on Sept. 29, 2017, at a rate of $0.06 per share based on a record date of Sept. 15, 2017. About Devon Energy Devon Energy is a leading independent energy company engaged in finding and producing oil and [Read more]

Baker Hughes Announces May 2017 Rig Counts

HOUSTON--(BUSINESS WIRE)--Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2017 was 957, up 1 from the 956 counted in April 2017, and up 2 from the 955 counted in May 2016. The international offshore rig count for May 2017 was 202, up 1 from the 201 counted in April 2017, and down 27 from the 229 counted in May 2016. The average U.S. rig count for May 2017 was 893, up 40 from the 853 counted in April 2017, and up 485 from the 408 counted in May [Read more]

Hess Announces Quarterly Cash Dividend on Preferred Stock

NEW YORK--(BUSINESS WIRE)--#dividend--The Board of Directors of Hess Corporation (NYSE:HES) today declared a quarterly cash dividend of $20 per share on the Company’s 8.00% Series A Mandatory Convertible Preferred Stock, which is equivalent to $1.00 per depositary share, each representing 1/20th interest in a share of Series A preferred stock. The dividend is payable on August 1, 2017 to holders of record at the close of business on July 15, 2017. The [Read more]