Decade closes with more than half a trillion dollars spent on shale assets #OilmanNEWS Mergers and Acquisitions Oil and Gas News Press Release 

U.S. Oil & Gas M&A Poised for Recovery after Challenging 2019

Austin, Texas – Enverus, the leading oil & gas SaaS and data analytics company, has released its summary of 2019 deal activity and its outlook for 2020. Enverus tracked $96 billion of U.S. oil & gas M&A in 2019, including $11 billion in Q4. However, the annual total was substantially skewed by Occidental’s $57 billion acquisition of Anadarko, which was… Read More
#OilmanNEWS Exploration & Production Oil and Gas News Press Release 

Despite 10+ Years of Rapid Growth, US Natural Gas Production Expected to Slow in 2020

Depressed prices and investor demand for cash flow point to expected slowdown Austin, TX – Enverus, the leading energy SaaS and data analytics company, has released its latest FundamentalEdge report which points to an anticipated slowdown in natural gas production in the U.S. next year. The report also includes early 2020 guidance and a map highlighting where producers are most likely… Read More

New Study Reveals Cities with the Most Aggressive Holiday Drivers in the US

BOSTON — The holidays are filled with travel that involves busy schedules, last-minute shopping, and even holiday jeers instead of cheers on the road.  In fact, GasBuddy, the smartphone app helping consumers avoid paying full price for fuel, reveals that consumers driving in certain cities across the United States are nearly 20% more aggressive than the average driver during the holidays,… Read More

EPIC Crude Successfully Loaded its First Aframax-sized Vessel From its Inner Harbor Export Terminal

SAN ANTONIO, TX – EPIC Crude Holdings, LP is pleased to announce that one of its subsidiaries has loaded and launched the first shipment of crude oil from the IGC marine terminal located on the Inner Harbor of the Corpus Christi Ship Channel. The IGC terminal, formerly the International Grain Port Terminal, was repurposed by EPIC beginning in June 2019… Read More
Implico acquires Dutch cloud specialist Brainum #OilmanNEWS Mergers and Acquisitions Oil and Gas News Press Release Software 

Implico Acquires Dutch Cloud Specialist Brainum

Bundled expertise for the digitization of the oil and gas industry Hamburg/Utrecht – The international software and consulting company for the oil and gas sector, Implico, further expands its leading position in the tank storage market. Implico acquires the Dutch IT solutions provider Brainum. The merger brings together the innovation programs of both companies, especially in the future-looking areas of… Read More
W Energy Software Celebrates Its Tenth Anniversary and Unveils New Business Name #OilmanNEWS Midstream Oil and Gas News Press Release Software Upstream 

W Energy Software Celebrates Its Tenth Anniversary and Unveils New Business Name

TULSA, OKLA. – W Energy Software (formerly Waterfield Energy), the emerging leader in upstream and midstream ERP software, is celebrating its tenth year of business serving more than 100 companies across the energy value chain. The anniversary coincides with a year of rapid increase in market share, strategic acquisitions, and rapid organizational growth to meet demand for the company’s cloud-based ERP… Read More
Leader in Digital Transformation for Oil and Gas Expands Capabilities with Intuitive Cloud-Based Accounting Solution for Small-Medium Sized Businesses #OilmanNEWS Oil and Gas News Press Release Software Upstream 

Quorum Software Launches OGsys On Demand

HOUSTON – (Quorum Software (Quorum), the leader in digital transformation for the oil and gas industry, today announced the release of OGsys On Demand, a cloud-based oil and gas accounting software built to solve the challenges faced by small to medium-sized businesses. OGsys On Demand will be instrumental in driving operational efficiency for small to medium upstream companies that need industry-specific functionality… Read More
OspreyData #OilmanNEWS Oil and Gas News Press Release Software Technology 

OspreyData Launches Unified Monitor Product, Jetta Operating VP Confirms the Path is Incremental Adoption of Digital Oilfield

HOUSTON – OspreyData, leader in AI-Based Production Optimization solutions for Oil & Gas, announced today that they are launching the Unified Monitor solution, a component of their Production Optimization Platform, as a stand-alone offering to enable consolidated views of SCADA and Artificial Lift feeds in producing oil and gas wells. The Unified Monitor solution enables an oil company to shorten… Read More
OHH #OilmanNEWS Oil and Gas News Press Release 

Oilfield Helping Hands Reaches Milestone of $5 Million Shared with Oilfield Families in Need

HOUSTON – Oilfield Helping Hands (OHH) has now shared $5 million with oilfield families in need. Since its founding in 2003, OHH’s mission has been to provide financial assistance to oilfield workers in financial crisis, who live or work in the designated territories of an OHH chapter through corporate memberships and fundraising events. OHH has grown from its location in… Read More
LAGCOE 2019 Culminates with $10,000 Winner of the Energy Innovators Pitch Challenge #OilmanNEWS Oil and Gas News Press Release 

LAGCOE 2019 Culminates with $10,000 Winner of the Energy Innovators Pitch Challenge

LAFAYETTE, La. — For the first time ever, the LAGCOE’s Technical Exposition and Conference was held in New Orleans, October 9-11, 2019. Since its founding in Lafayette 64 years ago, the biennial event has been bringing together the best and brightest oil and gas professionals and businesses to share and showcase new technologies and advancements in the energy sector. The theme… Read More
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