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RockRose Energy to Acquire Stake in Arran Field, UK North Sea
August 21, 2018
Independent oil and gas company RockRose Energy has agreed to acquire 20.43 percent interest in blocks, 23/11a, 23/16b and 23/16c offshore UK, from Dana Petroleum (E&P). Under the terms of the sale and purchase agreement, RockRose Energy will acquire the
PetroShale Acquires Light Oil-weighted Assets in North Dakota Bakken
August 21, 2018
PetroShale has acquired high quality, light oil-weighted assets situated in South Berthold core focus area in the North Dakota Bakken. Total cash consideration for the Acquisition was US$52.6 million, after closing adjustments. The Acquisition includes approximately 550 barrels of oil
Pinnacle Midstream Completes Crude Oil, Gas Gathering, and Processing Projects
August 21, 2018
Pinnacle Midstream has completed multiple crude oil, gas gathering and processing projects in the northern Delaware Basin in the US. The firm has commissioned a new 60 million cubic feet per day natural gas processing plant (Sierra Grande I), several
Kinder Morgan Canada Receives Approval to Construct First Four Segments of Trans Mountain Pipeline
August 20, 2018
Kinder Morgan Canada has secured approval from Canada’s National Energy Board (NEB) to construct the first four segments of the C$7.4bn ($5.5bn) Trans Mountain pipeline expansion project. The approval is for the four spreads to be laid from the Edmonton
Tallgrass Energy Launches Open Season for Seahorse Pipeline, Louisiana Gulf Coast
August 20, 2018
Tallgrass Energy has announced an open season for the Seahorse Pipeline to invite binding shipper commitments for crude oil transportation service on the new pipeline in the US. The proposed Seahorse Pipeline is expected to be 30 inches in diameter
Department of Interior Releases Results of Gulf of Mexico Region-wide Oil and Gas Lease Sale
August 20, 2018
The US Department of Interior (DOI) has announced results of Gulf of Mexico region-wide oil and gas lease sale. The lease sale 251 has generated $178m in high bids from a total of 29 companies for 144 tracts covering 801,288
Viking Energy Files Notice of Intention to Drill at 21 New Wells, Kansas
August 20, 2018
Viking Energy has filed a Notice of Intention to Drill with the Kansas Corporation Commission, Oil & Gas Conservation Division (KCC), to the proposed drilling of 21 new wells in Kansas, US. The Notices were filed with the Kansas Corporation
Diamondback Energy to Acquire Ajax Resources for $1.24 Billion
August 16, 2018
Diamondback Energy, a Texan oil and gas company, has agreed to acquire rival Ajax Resources in a cash-cum-stock deal worth around $1.24bn. As part of the deal, Diamondback Energy will acquire all leasehold interests and related assets of Ajax Resources
EPIC Companies Completes Merger with Ranger Offshore
August 16, 2018
EPIC Companies has announced the completion of combining its business with Ranger Offshore, a provider of subsea construction and related support services to the offshore oil and gas industry. EPIC is now a global, full service marine contractor, able to
Jacobs Secures Contract for Phase Two of Wapiti Gas Plant Expansion, Canada
August 16, 2018
Jacobs Engineering Group has received engineering services contract for phase two expansion of the midstream oil and gas operator Keyera’s Wapiti Gas Plant, which is under construction near Grande Prairie, Alberta, Canada. The phase two expansion project aims to add
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