Search results for: Fieldwood

44 results

A list of search results

  • 7 January 2014
    Business & Finance

    Fieldwood Energy LLC (“Fieldwood”) announced today the acquisition of entities comprising SandRidge Energy, Inc.’s (“SandRidge”) Gulf of Mexico and Gulf Coast business unit for $750 million, based on an effective date of December 1, 2013 and subject to customary purchase price adjustments. As part of the transaction, SandRidge will retain a 2.0% overriding royalty interest […]

  • 16 February 2018
    Business & Finance

    Houston-based Fieldwood Energy has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code as part of a “prepackaged” chapter 11 case. 

  • 3 April 2018
    Business & Finance

    A judge at the U.S. Bankruptcy Court in Houston has approved Fieldwood Energy’s prepackaged reorganization plan.

  • 26 February 2014
    Business & Finance

    Fieldwood Energy LLC announced the closing of its acquisition of SandRidge Energy, Inc.’s Gulf of Mexico and Gulf Coast business unit for a net cash payment of approximately $705 million, which reflects adjustments to the purchase price for cash flow since the effective date and net working capital. Production from the acquired assets currently exceeds […]

  • 12 April 2018

    Fieldwood Energy has closed its acquisition of all of Noble Energy’s deepwater oil and gas assets located in the Gulf of Mexico.

  • 5 August 2020
    Business & Finance, Business developments & projects

    U.S.-based Fieldwood Energy has filed for Chapter 11 bankruptcy as part of its efforts to restructure the company.

  • 2 October 2018
    Operations & Maintenance, Project & Tenders

    Subsea 7 has secured the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company. According to Subsea 7, a sizeable contract is defined as being between USD 50 million and USD 150 million. The award is for the deepwater Katmai field […]

  • 24 November 2014
    Business & Finance, Exploration & Production

    Offshore Energy Today has reported on Friday that an explosion occurred on a Fieldwood Energy-operated Echo platform located in West Delta 105 block in the Gulf of Mexico. The company has released an update saying that it was a result of a cleaning operation.  The incident occurred when employees of Turnkey Cleaning Services were cleaning a heater treater, which […]

  • 2 October 2018
    Business & Finance, Equipment

    A joint venture between Subsea 7 and OneSubsea has won a contract with Fieldwood Energy for work in the U.S. Gulf of Mexico.

  • 21 November 2014
    Business & Finance

    One worker died and three more were injured in an explosion on Fieldwood Energy’s Echo Platform located in the Gulf of Mexico some 12 miles off New Orleans just before 3 p.m. local time Thursday, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) reports. Fieldwood Energy said that the three injured workers were treated at […]

  • 25 June 2014

    Rowan Companies, a U.S.-based offshore drilling contractor has received a contract for its Gorilla IV jack-up rig. The one-well contract with Fieldwood Energy in the Gulf of Mexico started in mid-June 2014 at $125,000 per day, below the previous day rate of $180,000. The rig was idle for 19 days during the second quarter of 2014 prior […]

  • 21 November 2014

    One man was killed and three others injured when an explosion occurred on an offshore platform in the Gulf of Mexico. According to the the  U.S. Bureau of Safety and Environmental Enforcement (BSEE) the explosion happened at West Delta 105 block in the Gulf of Mexico, around 12 miles off the coast of New Orleans. The offshore […]

  • 19 July 2013
    Business & Finance

    Apache Corporation announced it has agreed to sell its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC (Fieldwood), an affiliate of Riverstone Holdings, for cash proceeds of $3.75 billion. In addition, Fieldwood will assume all asset retirement obligations for these properties, which, as of June 30, 2013, Apache estimated at a discounted […]

  • 30 October 2018
    Exploration & Production

    Offshore driller Rowan has won a contract for the Rowan Reliance drillship in the U.S. Gulf of Mexico. It has also won extensions for rigs working with BP and Cantium.

  • 1 October 2013

    Apache Corporation  today announced it has completed the previously announced sale of its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC , a portfolio company of Riverstone Holdings, for $3.75 billion in cash (subject to customary post-closing adjustments) and assumption of liabilities for future abandonment costs of the properties with a discounted […]

  • 21 November 2018
    Business & Finance, Exploration & Production

    Rowan has transferred a contract from the Rowan Reliance to Rowan Resolute drillship, which means the former will not be returning from the warm-stack mode. 

  • 15 August 2013

    Apache Corporation announced it has agreed to sell oil and gas producing properties in the Nevis, North Grant Lands and South Grant Lands areas of western Alberta, Canada, to Ember Resources Inc., a private Canadian company, for US$214 million (CAN$220 million). “Going forward, Apache is focused on growing our liquids production from a deep inventory […]

  • 15 February 2018
    Business & Finance

    Noble Energy has executed an agreement to sell its deepwater Gulf of Mexico assets to Fieldwood Energy for a total value of $710 million. 

  • 25 December 2014
    Business & Finance, Exploration & Production

    Rowan Companies, a U.S.-based drilling contractor, has provided its monthly fleet status report according to which three of its rigs were awarded new contracts and one rig received contract extension.  According to Rowan’s December fleet status report, the company’s high-specification jack-up rig Joe Douglas was awarded a one-well contract with Fieldwood in the Gulf of Mexico […]

  • 20 June 2019
    Business & Finance, Exploration & Production

    GulfSlope Energy has executed a drilling services contract with EnscoRowan to secure and utilize the Ensco 102 jack-up rig.

  • 21 March 2014
    Business & Finance

    Energy XXI has announced it was the apparent high bidder in 10 shallow-water blocks in the Central Gulf of Mexico Lease Sale 231, with a total investment of approximately $2.6 million. The bids are subject to approval by the U.S. Bureau of Ocean Energy Management. Eight blocks were bid solely by Energy XXI and included […]

  • 23 April 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Valaris has seen a number of its drilling contracts terminated and day rates slashed as oil and gas operators are looking to reduce costs.