permian basin

September 22, 2017

Transocean retires six rigs, loses contract on another

  Deepwater drilling giant Transocean said it’s retiring six of its floating rigs and losing a contract on another rig that was working in the Gulf […]
September 19, 2017

Trump working toward drilling in Arctic Wildlife Refuge

The Trump administration is quietly moving to allow energy exploration in the Arctic National Wildlife Refuge for the first time in more than 30 years, according […]
August 1, 2017

ConocoPhillips completes sale of San Juan basin assets

ConocoPhillips has completed its previously announced transaction with an affiliate of Hilcorp Energy Company to sell its San Juan basin assets for up to $3 billion […]
August 1, 2017

Tidewater emerges from bankruptcy

Offshore vessel owner Tidewater has emerged from bankruptcy after completing its reorganization.  Through its reorganization plan, Tidewater eliminated approximately $1.6 billion in principal of outstanding debt, […]