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WildHorse acquires Eagle Ford properties

WildHorse Resource Development said it  acquired approximately 111,000 net acres and associated production from Anadarko Petroleum Corporation and Kohlberg Kravis Roberts & Co. L.P. for $625 million, subject to closing conditions. RELATED: WildHorse Resource Development prices IPO shar ...

Plains All American raises spending by $100 million

Plains All American Pipeline LP raised its projected spending for 2017 by $100 million and said it now expects to spend $900 million on growth projects, the Houston Business Journal reported. RELATED: Judge throws out security fraud claims against Plains All American The Houston-based company will p ...

Rubicon Oilfield International acquires downhole products supplier

Houston-based Rubicon Oilfield International acquired Choice Completions Systems, LLC, an oilfield equipment supplier, for an undisclosed sum. RELATED: Rubicon Oilfield International acquires oilfield products supplier Choice, also a Houston-based company, was established in 2016 and provides ...

Houston-based OFS Energy Fund says it plans to acquire VanZandt Controls, an automated valve distribution and service company. RELATED: Investment firm lays off 150 employees from oil field companies  The investment firm has partnered with Larry Richards and Dave Latch of Richards Man ...

Swift Energy changes name, transfers to NYSE

Swift Energy is taking on a new name as it changes strategy and moves to a more prestigious address in the stock market, the company announced in a news release. RELATED: Swift Energy, Transocean lay off dozens of Texas employees The company took the new name, SilverBow Resources Friday an ...

National Oilwell Varco buying Flotek’s drilling technology arm

  Flotek Industries is selling its Drilling Technologies segment to National Oilwell Varco for about $17 million. The deal is expected to close by mid-May. RELATED: Flotek puts equipment, services businesses on the block The company had put its oilfield equipment and services businesses on ...

Huntsman snaps up Independent Polyurethane Formulations Co.

Huntsman Corp. announced Monday that it has completed the acquisition of leading UK Independent Polyurethane Formulations Co. “With their highly experienced team and loyal customer base, IFS provides us with excellent access to the UK’s growing downstream MDI systems market,” Tony Hankins, president ...

Aberdeen Drilling Consultants opens office in Houston

Scotland-based Aberdeen Drilling Consultants, a specialist rig inspection company, has opened an office in Houston. “The new office will allow the company to increase our presence in the Rig Inspection field throughout the U.S. and in particular the Gulf of Mexico, enabling us to rapidly respond to, ...

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