BOE Report

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]

Hess Announces Regular Quarterly Dividend On Common Stock

NEW YORK--(BUSINESS WIRE)--#dividend--The Board of Directors of Hess Corporation (NYSE: HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on June 30, 2017 to holders of record at the close of business on June 16, 2017. Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess [Read more]

NGL Energy Partners LP Announces Public Offering of Class B Preferred Units

TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE:NGL) today announced the commencement of an underwritten public offering of Class B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units, liquidation preference $25.00 per unit, representing limited partner interests in NGL. NGL expects to grant the underwriters a 30-day option to purchase additional Class B Preferred Units, solely to cover over-allotments, if any. NGL intends [Read more]

Crestwood Announces the Completion of the Initial Build-Out of the Nautilus Gas Gathering System in the Delaware Basin

HOUSTON--(BUSINESS WIRE)--Crestwood Equity Partners LP (NYSE:CEQP) (“Crestwood Equity” or “Crestwood”) today announced that the initial build-out of the Nautilus gas gathering system in the Delaware Basin is complete and the system has been placed into service with first flow occurring on Friday, June 2, 2017. The initial build-out includes 20 receipt point meters, 60 miles of pipeline, a 24 mile high pressure header system, 10,800 horsepower of [Read more]

Black Stone Minerals, L.P. Announces Investor Presentation

HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE:BSM) (“Black Stone Minerals” or “the Partnership”) will host an investor presentation immediately following the conclusion of its annual meeting of limited partners, which will be held on June 8, 2017, at 2:00 p.m., local time, at the Hilton Americas-Houston, 1600 Lamar Street, Houston, Texas, 77010. As part of the presentation, Thomas L. Carter, Jr., Chairman, President, and Chief Executive [Read more]