BOE Report

Rangeland Energy’s RIO Hub Receives Largest Frac Sand Unit Train on Record

SUGAR LAND, Texas--(BUSINESS WIRE)--Rangeland Energy (“Rangeland”) today announced that the largest frac sand unit train shipped to date in North America has arrived at the company’s RIO Hub located near Loving, New Mexico. The RIO Hub is part of Rangeland’s RIO System, which serves oil and gas producers in the Delaware Basin. The record 150-car unit train carried 16,500 tons (33 million pounds) of frac sand and was powered by five diesel locomotive engines. The unit train originated in [Read more]

EXCO Releases June 30, 2015 Interim Reserve Information

DALLAS--(BUSINESS WIRE)--EXCO Resources, Inc. (NYSE:XCO) (the “Company” or “EXCO”) today released interim reserve information, which presents the Company’s estimated proved reserves and the present value of estimated future net revenues as of June 30, 2015 (the “Interim Reserve Update”). The proved reserves and PV-10 data in the Interim Reserve Update were based on June 30, 2015 NYMEX futures prices, in each case adjusted for geographical and historical differentials. The Interim Reserve Update [Read more]

The 12th China International Petroleum Industry Annual Conference

SHANGHAI--(BUSINESS WIRE)--ENMORE (formerly CBI BIZ) will present the 12thChina International Petroleum Industry Annual Conference 2015. Embracing China’s more opened petroleum market 7 independent refineries received crude oil import licenses, with a total import amount of 34,740,000 tons/year. These refineries are Shandong Dongming Petroleum, Panjin Northern Fuel, Shandong Kenli Petrochemical, Lijin Petrochemical, Sinochem Hongrun, Dongying Yatong, and Baota Petrochem. China’s Crude Oil [Read more]

ConocoPhillips Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 74 cents per share, payable Dec. 1, 2015 to stockholders of record at the close of business on Oct. 19, 2015. --- # # # --- About ConocoPhillips ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 25 countries, $32 billion in annualized revenue, $112 billion of total assets, [Read more]

Phillips 66 Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 56 cents per share on Phillips 66 common stock. The dividend is payable on Dec. 1, 2015, to shareholders of record as of the close of business on Nov. 13, 2015. About Phillips 66 Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores [Read more]

Enhanced Oil Recovery (EOR) Market to Log 26.7% CAGR to 2023; Europe and RoW Fastest Growing Regions: Transparency Market Research

ALBANY, N.Y.--(BUSINESS WIRE)--Depleting oil reserves make a strong case for the implementation of enhanced oil recovery (EOR) systems, and this will emerge as the strongest growth driver for the global enhanced oil recovery market, says Transparency Market Research. The growing demand for oil in the Asia Pacific region will also stimulate the market. TMR, in its report titled ‘Enhanced Oil Recovery Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2023,’ says [Read more]

Abraxas Provides Third Quarter 2015 Conference Call Information

SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ:AXAS) will host its third quarter 2015 earnings conference call on Wednesday, November 4, 2015 at 10 AM Central Time (11 AM Eastern Time). Abraxas plans to announce third quarter 2015 operating and financial results prior to the call. The conference call can be accessed by dialing 888.680.0892 and entering conference code 94482371. A live webcast of the conference call can be accessed under the [Read more]

Erhöhtes Potenzial für Gasgeschäfte von Frontera Resources in Georgien aufgrund aktueller Untersuchungen der vorhandenen Gasvorkommen

HOUSTON--(BUSINESS WIRE)--Frontera Resources Corporation (AIM:FRR), eine unabhängige internationale Explorations- und Produktionsgesellschaft für Öl und Gas („Frontera” oder das „Unternehmen”), kündigte heute aufgrund der anhaltenden Erschließung und des betriebenen Produktionsaufwands eine bedeutende Korrektur der Gasvorkommen Georgiens an. Das Unternehmen hat jüngst angekündigt, dass die weitere Konzentration auf natürliche Gasvorkommen im Rahmen seiner Beteiligungen in Ostgeorgien [Read more]

Occidental Petroleum Announces Dividend

HOUSTON--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $.75 per share on common stock payable on January 15, 2016, to stockholders of record as of December 10, 2015. Occidental has paid quarterly dividends continuously since 1975 and has increased its dividend each year since 2002. The current annual rate is $3.00 per share. About Occidental Petroleum Occidental Petroleum Corporation is an [Read more]

ConocoPhillips to Hold Third-Quarter Conference Call on Thursday, Oct. 29

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, Oct. 29, 2015, at 12:00 p.m. EDT to discuss third-quarter 2015 financial and operating results. The company’s earnings will be released before the market opens on Oct. 29. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to [Read more]