Oil, Gas and Shale
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Longhorn Midstream, Old Ironsides Energy Partner to Pursue Midstream Oil and Gas Opportunities

February 14, 2019

Longhorn Midstream Holdings, LLC (“Longhorn”), a newly-formed midstream oil and gas company, announced today that it has partnered with Old Ironsides Energy, LLC (“Old Ironsides”), a private oil and gas investment firm. Based in Dallas, Texas, Longhorn will pursue midstream

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EQT Acquires Houston-based Kodiak Gas Services

February 14, 2019

The EQT Infrastructure III fund announced that it has acquired Kodiak Gas Services from The Stephens Group, a private investment firm representing the interests of Witt Stephens, Jr. and Elizabeth Campbell. Kodiak will maintain its corporate headquarters in Houston, Texas,

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Dominion Launches Initiative to Reduce Methane Emissions from Natural Gas Infrastructure

February 14, 2019

Dominion Energy announced today an historic, industry-leading initiative to reduce methane emissions from its natural gas infrastructure by 50 percent over the next decade, based on 2010 levels. The initiative will prevent more than 430,000 metric tons of methane from

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Phillips 66 Partners and Kinder Morgan Launch Open Season for Joint Transportation Service, Texas

February 13, 2019

Phillips 66 Partners and Kinder Morgan launched a joint open season by Gray Oak Pipeline and Kinder Morgan Crude & Condensate (KMCC) to provide shippers with long-term crude oil transportation from Gray Oak Pipeline origin points in the Permian Basin

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Pegasus Resources Secures Additional $300 Million to Advance Projects in Delaware and Midland Basins

February 13, 2019

Pegasus Resources has secured an additional $300 million equity commitment from EnCap Investments, bringing EnCap’s total commitment to $600 million. The company is focused on the acquisition and management of mineral and royalty properties in the core of the Delaware

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Solaris Water Midstream Begins Recycling Operations Pecos Star System, Texas

February 13, 2019

Solaris Water Midstream, a leading provider of water-related infrastructure to the oil and gas industry, said its flagship Pecos Star System has begun recycling operations and has added new acreage and volume commitments that support a major expansion of the

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ExxonMobil to Streamline Its Upstream Organization to Support Growth Plans

February 13, 2019

Exxon Mobil Corporation said it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025. “We’re simplifying and integrating our upstream organization to better

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EQT and West Virginia Royalty Owners Reach Tentative Agreement to Settle Class Action Royalty Claims

February 13, 2019

EQT Corporation has reached a tentative settlement agreement with West Virginia landowners who are part of a statewide class action lawsuit. EQT believes that the proposed settlement agreement, which will resolve lease royalty claims in a case that has been

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February 21: IABC Houston Hosting Social Permitting Luncheon

February 13, 2019

Public opposition to infrastructure projects is increasingly becoming the norm, costing companies millions of dollars in delays and associated costs. Pipelines and other energy infrastructure projects are the most tangible examples, but other industries are being affected as well (think

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Ridgemont and Hatch Partner to Invest in Oil and Gas Assets in Permian Basin

February 12, 2019

Hatch Resources and Ridgemont Equity Partners, a middle market buyout and growth equity firm, have announced a partnership to pursue the acquisition of oil and gas assets in the Permian Basin. Hatch was formed by a senior team with extensive

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