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Oasis Petroleum Inc., Houston, has agreed to acquire 55,000 net acres and 226 gross operated drilling locations in Williams and McKenzie counties, ND, part of the Williston basin, from Denver-based SM Energy Co. for $785 million.

SM Energy Co., Denver, has agreed to acquire 35,700 net acres in Howard and Martin counties of West Texas from Houston-based QStar LLC, a portfolio company of EnCap Investments LP and a related entity, for $1.1 billion in cash plus 13.4 million shares of SM Energy common stock.

Efforts by Cairn India Ltd. to export crude oil produced in the Barmer basin of Rajasthan have been rejected by the New Delhi high court.

Suncor Energy Inc., Calgary, and Mikisew Cree First Nation (MCFN) signed an equity agreement for Suncor’s East Tank Farm Development in the Wood Buffalo area of Alberta.

Light, sweet crude oil prices gained moderately to settle above $50/bbl for both November and December on the New York market Oct. 18 while the Brent crude oil contract for December settled at nearly $51.70/bbl on the London market.


RT @AnteroResources: Don't forget – our 3rd annual oil and gas dodgeball tournament is on June 15! Proceeds benefit Patrons of the Parks an…

RT @energizeWV: “The Cheat River is a beautiful river and one that stood out to us as a place that we could make a positive impact," Rowlan…