Oil, Gas and Shale
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Earthstone Energy to Acquire Sabalo’s Northern Midland Basin Assets for $950 Million

October 19, 2018

Earthstone Energy has entered into an agreement with Sabalo Holdings, where Earthstone will acquire all of Sabalo Holdings’ interests in Sabalo Energy, whose assets include both producing and non-producing oil and gas assets in the northern Midland Basin. In addition,

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Gen6 Proppants to Develop New Frac Sand Mine, Northern Louisiana

October 19, 2018

Gen6 Proppants, a frac sand solutions provider, plans to develop a new frac sand mine to serve the Haynesville Shale region, with the acquisition of approximately 1,000 acres in Red River Parish in northern Louisiana. Permitting and procurement has begun

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GE and Clarke Energy to Supply Turnkey CHP Plant for Municipal Electricity Utility in Michigan

October 19, 2018

As phased decommissioning of coal plants and additional renewables integration into the grid have led to increased variability in the Midcontinent Independent System Operator (MISO)’s wholesale electricity segment, GE’s Distributed Power business and Clarke Energy — GE’s authorized Channel Partner

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Tallgrass Energy and Silver Creek Midstream to Expand JV to Transport Powder River Basin Crude Oil

October 19, 2018

Tallgrass Energy and Silver Creek Midstream have agreed to expand their Powder River Basin (PRB) joint venture. The expanded joint venture, Powder River Gateway, LLC, will own the Iron Horse Pipeline, the Powder River Express Pipeline (PRE), and crude oil

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RS Energy Group Acquires Petroleum Policy Intelligence

October 19, 2018

RS Energy Group (RSEG), the leading provider of advanced analytics and energy intelligence, has acquired UK-based Petroleum Policy Intelligence (PPI) to extend RSEG’s macro research offering. PPI is renowned for its expertise in Middle Eastern and North African energy policy

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Fluor Joint Venture to Design and Build LNG Canada Project

October 19, 2018

Fluor Corporation said LNG Canada has made the final investment decision to build its liquefied natural gas (LNG) export facility in Kitimat, British Columbia, Canada. Fluor’s joint venture with JGC Corporation will provide the engineering, procurement, fabrication and construction on

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Arthur D. Little Analysis: Collaboration is Central to Unlocking Permian Basin Oil and Gas Potential

October 19, 2018

Arthur D. Little (ADL) released analysis that highlights the vast potential of shale oil & gas extraction across the US Permian basin. Production in the area, which spans Texas and New Mexico, could reach 5.4 million barrels of oil equivalent

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NextDecade Opens Offices in Singapore and Beijing, Appoints Key Marketing Personnel

October 19, 2018

NextDecade has opened offices in Singapore and Beijing to serve customers throughout Asia. In addition, NextDecade Corporation has appointed James MacTaggart as senior vice president, LNG marketing – Asia. “The appointment of James and the opening of these offices reinforce

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San Mateo Midstream Signs Natural Gas Gathering and Processing Agreement

October 17, 2018

San Mateo Midstream’s wholly-owned subsidiary, DLK Black River Midstream, has entered into a long-term agreement with a producer in Eddy County, New Mexico relating to the gathering and processing of such producer’s natural gas production. As a result of this

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Full-scale Operations Completed at Devon’s Jackfish Complex in Alberta, Canada

October 17, 2018

Devon Energy Corp. said that additional facilities work at its Jackfish 1 heavy oil project in Alberta, Canada, is now complete and full-scale operations have been restored. The work at Jackfish 1 was related to minor facility repairs the company

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