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Oasis Petroleum to Divest Certain Williston Basin Assets for $283 Million
June 28, 2018
Oasis Petroleum has signed two purchase and sale agreements with undisclosed firms to sell certain Williston Basin assets for $283m. The firm intends to sell an estimated 4.4 thousand barrels of oil equivalent per day (“mboepd”) of net production and
Energy Secretary Perry Rules Out Using Strategic Oil Reserves to Alleviate High Gas Prices
June 28, 2018
Energy Secretary Rick Perry ruled out using federally controlled strategic oil reserves to possibly alleviate prices at the pump. “That’s not what it’s there for,” Perry told reporters during a Monday morning press briefing, adding the Strategic Petroleum Reserve (SPR)
Oregon’s Attorney General Hires Bloomberg-Backed Lawyer With History of Anti-Oil Activism
June 28, 2018
Oregon’s attorney general office hired a lawyer Friday with a long history of anti-oil activism and a deep connection to the environmental group former New York City Mayor Michael Bloomberg created in 2017. Oregon Attorney General Ellen Rosenblum appointed former
EPIC Secures Strategic Partnerships for Permian Basin-to-Corpus Christi Crude Oil Pipeline
June 27, 2018
EPIC Midstream Holdings has secured strategic partnerships for the EPIC Crude Oil Pipeline, which will run side-by-side with the EPIC Natural Gas Liquids Pipeline for 730 miles from southeastern New Mexico to Corpus Christi, Texas. The EPIC Pipelines are backed
Gemma Power Systems Completes Construction of CPV Towantic Energy Center, Connecticut
June 27, 2018
Gemma Power Systems, LLC (GPS) has completed construction of Competitive Power Venture’s (CPV) Towantic Energy Center, a 785 MW state-of-the-art combined-cycle electric generating facility in Oxford, Connecticut. The CPV Towantic Energy Center is a 2x1 combined-cycle project composed of two
Ward Energy Partners Sells Denver-Julesburg Basin Assets, Colorado
June 27, 2018
Ward Energy Partners, LLC (WEP) has sold assets located in Adams and Weld Counties in Colorado to an undisclosed buyer. The assets are prospective for the Codell and Niobrara reservoirs in the Denver-Julesburg basin in Colorado. “WEP has been a
Devon Energy to Sell Its Ownership Interests in EnLink Midstream for $3.125 Billion
June 27, 2018
Devon Energy Corp. has entered into an agreement to sell its aggregate ownership interests in EnLink Midstream Partners, LP and EnLink Midstream, LLC to an affiliate of Global Infrastructure Partners (GIP), a leading global, independent infrastructure fund manager for $3.125
Alpine Silica to Build New Frac Sand Plants in Texas and Oklahoma
June 27, 2018
Alpine Silica, a leading domestic producer and supplier of premium frac sand, launched two new projects in Van Horn, Texas and Fay, Oklahoma, further adding to their existing portfolio. The firm currently owns and operates one plant in the Permian
Macro Spiecapag JV Secures Construction Contract for Coastal GasLink Pipeline, Canada
June 26, 2018
A joint venture (JV) of Macro Enterprises and Spiecapag Canada has bagged a construction contract from Coastal GasLink Pipeline Limited Partnership to provide pipeline construction services on the Coastal GasLink Pipeline Project in Canada. The Macro Spiecapag Joint Venture has
SitePro Secures New Investment for Oilfield Automation Software Platform
June 26, 2018
SitePro, a digital oilfield water management company said that it has completed a financing round led by Cottonwood Venture Partners (CVP), a digital oilfield technology venture capital firm. Investing alongside CVP were several of SitePro’s earlier investors, including members of
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