PITTSBURGH--(BUSINESS WIRE)--EQT Midstream Partners, LP (NYSE: EQM) and EQT GP Holdings, LP (NYSE: EQGP) today announced second quarter 2015 financial and operating results. EQT Midstream Partners (EQM) net income for the quarter totaled $91.3 million, adjusted EBITDA was $110.5 million, and distributable cash flow was $102.8 million. EQM adjusted operating income was $99.8 million, or 43% higher than the same quarter last year. The non-GAAP financial measures are reconciled in the Non-GAAP [Read more]
RigServ Joins the IFS Partner Network in North America
STOCKHOLM--(BUSINESS WIRE)--IFS (http://www.ifsworld.com/en-na/) (STO:IFSA) (STO:IFSB), the global enterprise applications company, has signed an agreement with Alliant RigServ LLC to join the IFS Partner Network as a Referral and Services partner for the deployment of IFS solutions (http://www.ifsworld.com/en-na/solutions/ifs-applications/) in the offshore oil and gas industry in North America. The new alliance supports IFS’s strategy to build a long-term partner ecosystem that benefits both [Read more]
Preferred Sands’ Arizona Sand Outperformed Premium White Sand by up to 28 Percent in Horizontal Wells in New Mexico
RADNOR, Pa.--(BUSINESS WIRE)--Preferred Sands, one of North America’s leading proppant technology companies, today announced that wells using its Arizona Sand proppant outperformed competing wells using Premium White Sand at comparable true vertical depths by up to 28 percent, or over $1,000,000 in average increased production. The findings were based on real well data provided by NavPort, which sampled deep horizontal wells in New Mexico. Results from the real well production reports also [Read more]
Devon Energy to Report Second-Quarter 2015 Results Aug. 4; Conference Call Scheduled for Aug. 5
OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) today announced plans to issue its second-quarter 2015 earnings news release on Tuesday, Aug. 4, after the close of U.S. financial markets. Please note as soon as practicable after the news release is issued, Devon will post an operations report to its website at www.devonenergy.com. On Wednesday, Aug. 5, the Company will hold a conference call at 10 a.m. Central Time (11 a.m. Eastern Time), which will consist primarily of answers to [Read more]
Albert Johnson Joins Navigator Energy Services as Vice President of Business Development
DALLAS--(BUSINESS WIRE)--Navigator Energy Services, LLC (Navigator), a full-service midstream provider, today announced the addition of Albert Johnson to its senior leadership team as vice president of business development. An energy industry veteran with nearly 20 years of experience, Johnson will assist in leading Navigator’s business development efforts, including the development of corporate growth strategy and structure, commercial activities and product scheduling. “Albert’s proven [Read more]
Enduro Royalty Trust Announces Monthly Cash Distribution
AUSTIN, Texas--(BUSINESS WIRE)--Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.020142 per unit, payable on August 14, 2015 to unitholders of record on July 31, 2015. The distribution primarily represents oil production during the month of April 2015 and natural gas production during March 2015. The following table displays underlying oil and natural gas sales volumes and average received wellhead prices [Read more]
AEG Power Solutions To Provide Power Supply To CNOOC Petrochemical Cluster in Huanghua
ZWANENBURG, The Netherlands--(BUSINESS WIRE)--AEG Power Solutions (FWB:3W9K), a global provider of power electronic systems and solutions for industrial power supplies and renewable energy applications, today announced that CNOOC (China National Offshore Oil Corporation) has selected its power systems solutions to secure critical loads applications at its petrochemical production center, which is located in Huanghua City in the province of Hebei in China. The center will start operations in [Read more]
Research and Markets: Oil Shale Market – Global Industry Analysis 2015-2022: Abundance of Oil Shale Reserves With Economic and Non-Economic Benefits
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/49zgjz/oil_shale_market) has announced the addition of the "Oil Shale Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022" report to their offering. This research study analyzes the market for oil shale in terms of revenue (USD Million) and volume (Million Barrels). The global oil shale market has been segmented on the basis of geography, process (ex-situ and [Read more]
FTTN: Mexican Oil Lease Auctions Give Smaller Producers a Piece of the Action
LAS VEGAS--(BUSINESS WIRE)--Mexico has released the results of its recent offshore lease auction and it comes as welcome news to companies like First Titan Corp. (OTCBB: FTTN). Only one firm won its bid to operate and produce an offshore lease, and that company was not a giant major such as Exxon or Chevron, but a smaller producer looking to take advantage of a new energy frontier. This surprising result now opens the door for FTTN to take part in future auctions and possibly win the rights [Read more]
Trans Adriatic Pipeline (TAP) AG Selects Technip for a Contract for Project Management Services
PARIS--(BUSINESS WIRE)--Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) has been awarded by TAP(1) a Project Management Consultancy (PMC) Services contract, for a project designed to transport gas from the Shah Deniz field to the European market. TAP project scope includes an approximately 870 kilometer long pipeline, which will start from the tie-in with the TANAP(2) portion of the Southern Gas Corridor project, at the Greece/Turkey border. The pipeline will then go [Read more]
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