BOE Report

SM Energy Announces Participation in Upcoming Investor Conferences

DENVER--(BUSINESS WIRE)--SM Energy Company (NYSE: SM) today announces that the Company will be participating in the following upcoming investor events: August 19, 2015 – Enercom The Oil and Gas Conference. Jay Ottoson, President and CEO, will present at 10:30 AM Mountain Time. September 8, 2015 – Barclays CEO Energy-Power Conference. Jay Ottoson, President and CEO, will present at 11:45 AM Eastern Time. SM Energy's presentation materials for Enercom will be available on August 17, 2015 at 7:00 [Read more]

USD Partners LP Announces Second Quarter 2015 Results

HOUSTON--(BUSINESS WIRE)--USD Partners LP (NYSE: USDP) (the “Partnership”) announced today its operating and financial results for the three and six months ended June 30, 2015. Highlights with respect to the second quarter of 2015 include the following: Increased quarterly cash distribution to $0.29 per unit ($1.16 per unit on an annualized basis), payable on August 14, 2015, to unitholders of record at the close of business on August 10, 2015 Reported Adjusted EBITDA of $9.9 million and [Read more]

Meritage Midstream Services Announces Construction of Crude Oil and Natural Gas Infrastructure In Western Canada

CALGARY, Alberta & DENVER--(BUSINESS WIRE)--Meritage Midstream Services (“Meritage”) announced today that its Canadian affiliate, Meritage Midstream Services III, LP (“Meritage III”), has entered into definitive agreements with Canadian International Oil Corporation (“CIOC”) to build natural gas gathering, compression and processing assets and crude oil gathering assets to support the development of CIOC’s Montney and Duvernay Shale positions in west-central Alberta. Meritage III will provide 75 [Read more]

Preferred Sands’ Genoa Sand Outperformed Premium White Sand by up to 29 Percent in Horizontal Wells in Colorado

RADNOR, Pa.--(BUSINESS WIRE)--Preferred Sands, one of North America’s leading proppant technology companies, today announced that wells located in Weld County, Colo. that used Preferred’s Genoa Sand proppant outperformed competing wells using Premium White Sand at comparable vertical depths by up to 29 percent. Genoa is primarily a fine mesh size production facility, which aligns with the significant 40/70 sand demand in the region. The findings were based on real well data provided by [Read more]

Jacobs Receives Contract for ExxonMobil

PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was selected by ExxonMobil to perform engineering, procurement and construction management (EPCM) services for its Crude Flexibility Engineering and Construction Project at the ExxonMobil Refinery in Beaumont, Texas. Company officials did not disclose the contract value, but noted that this project is a release against an existing long-term agreement. The project aims to expand crude oil throughput [Read more]

CorEnergy Releases Second Quarter 2015 Results

KANSAS CITY, Mo.--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) (“CorEnergy” or the “Company”) today announced financial results for the quarter ended June 30, 2015. Second Quarter Highlights and Subsequent Events Acquired Grand Isle Gathering System (GIGS) for total consideration of $259 million, diversifying portfolio of energy infrastructure Announced intention to increase common stock dividend 11.1% to $0.15 per share quarterly ($0.60 annualized) Expanded [Read more]

American Midstream Announces Drop-down Plan from ArcLight Capital Partners

DENVER--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE:AMID) (“Partnership”) today announced the intention of an affiliate of ArcLight Capital Partners, LLC (“ArcLight”), which controls the general partner of the Partnership, to drop down 25 percent of ArcLight’s 51.7 percent controlling interest in Delta House, a fee-based, semi-submersible floating production system (FPS) and associated oil and gas export pipelines in the deepwater Gulf of Mexico. Delta House was financed in [Read more]

McDermott Reports Second Quarter 2015 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE: MDR) (“McDermott” or the “Company”) today announced financial and operational results for the quarter ended June 30, 2015. The Company reported second quarter 2015 net income of $11.5 million, or $0.04 per fully diluted share compared to a net loss of $7.4 million, or $0.03 per diluted share, in the prior-year quarter. Net of restructuring charges and one-time losses on the impairment and disposal of assets, the second quarter income [Read more]

Clayton Williams Energy to Present at Enercom’s The Oil & Gas Conference

MIDLAND, Texas--(BUSINESS WIRE)--Clayton Williams Energy, Inc. (NYSE:CWEI) today announced that it will present at Enercom’s The Oil & Gas Conference. The presentation is scheduled for Monday, August 17, 2015 at 1:30 pm MT at The Westin Denver Downtown, 1672 Lawrence Street, Denver, Colorado. The presentation and webcast will be available on the Company’s website at www.claytonwilliams.com and on The Oil & Gas Conference 19 website at http://www.theoilandgasconference.com. Clayton Williams [Read more]

Acacia Subsidiary Collaborates with Packers Plus for the Licensing of Multi-Zonal Completion Technology

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Packers Plus Energy Services Inc., an innovative oilfield service provider, in conjunction with a subsidiary of Acacia Research Corporation (NASDAQ: ACTG), the leader in patent licensing, announced their collaboration on the licensing of a set of fundamental patents related to multi-zonal completion of horizontal wells including ball-drop, sliding sleeve and packer technology for use in the hydraulic fracturing of both tight and conventional oil and gas [Read more]