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Colorado’s Proposition 112 Increases Set Back Areas for Oil & Gas Development
October 16, 2018
Proposition 112 would require any new oil and gas development not on federal land to be set back at least 2,500 feet from homes and “vulnerable areas” like playgrounds, lakes and rivers. Current state regulations prohibit oil and gas facilities
Administration Eyes Federal Facilities for Coal, Gas Exports After States Block West Coast Ports
October 16, 2018
The Trump administration is considering using West Coast military bases or other federal properties as transit points for shipments of U.S. coal and natural gas to Asia as officials seek to bolster the domestic energy industry and circumvent environmental opposition
Silver Creek Acquires Genesis’ Powder River Basin Midstream Assets for $300 Million
October 15, 2018
Silver Creek Midstream through one of its affiliates has wrapped up the acquisition of Genesis Energy’s midstream assets in the Powder River Basin in the US for a sum of around $300m. The Powder River Basin midstream assets acquired by
Diversified Gas & Oil Acquires Core Appalachia for $183 Million
October 15, 2018
Alabama-based Diversified Gas & Oil has acquired Core Appalachia from TCFII Core in a cash-cum-stock deal worth around $183m. Core Appalachia is a producer and processor of natural gas in the Devonian region with operations spread over 1.3 million net
EPIC Pipeline to Acquire Southcross’ Robstown NGL Fractionation Facility
October 15, 2018
EPIC Midstream said that a subsidiary of EPIC Y-Grade has agreed to acquire the Robstown NGL fractionation facility located near Corpus Christi, Texas from Southcross Holdings Borrower. The purchase will also include a 57-mile pipeline that will enable the Robstown
Empire Petroleum Acquires Cardinal’s Oil and Gas Assets, Louisiana
October 15, 2018
Empire Petroleum said that its wholly owned subsidiary Empire Louisiana has acquired operated producing oil and gas assets located in St. Landry and Beauregard Parishes in Louisiana. The assets were acquired from Cardinal Exploration and Production Company and Exodus Energy,
Forum Energy Acquires Houston Global Heat Transfer
October 12, 2018
Forum Energy Technologies has acquired Houston Global Heat Transfer (GHT) from oilfield services focused private equity fund Pelican Energy Partners and GHT management. Based in Houston, Texas, GHT designs, engineers, and manufactures premium industrial heat exchanger and cooling systems used
Petrobras and Murphy Oil Set Up JV for Gulf of Mexico Production Assets
October 12, 2018
Brazil’s state-owned oil company Petrobras has announced the formation of a joint venture with Murphy Oil for their producing oil and gas assets in the Gulf of Mexico. The agreement has been signed by Petrobras’ subsidiary Petrobras America and Murphy
Pemex Discovers Significant Oil Reserves in Gulf of Mexico
October 12, 2018
Pemex has confirmed the discovery of seven oil reservoirs in two new wells in the shallow waters of the Southeast Basin, Mexico. The new discoveries will enable Pemex to incorporate more than 180 million barrels of oil equivalent (MMBOE) of
TransCanada Commissions Phase One of $900 Million WB Xpress Pipeline in U.S.
October 11, 2018
TransCanada has commissioned the western segment of its $900m WB Xpress pipeline project, a natural gas pipeline in Virginia and West Virginia. The western build of the WB Xpress pipeline will move nearly 760 million cubic feet of natural gas
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