Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

Tallgrass Energy Partners Acquires Two Crude Oil Terminals in U.S.

January 11, 2018

Tallgrass Energy Partners has announced two strategic acquisitions by its Tallgrass Terminals business and several significant commercial developments that continue to expand the variety of services offered by Pony Express in key crude oil producing basins it serves. “Today’s announcements,

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Trump Administration Removes Florida from Offshore Oil and Gas Drilling Plan

January 11, 2018

The Trump administration has decided to exclude Florida’s coastline from the recently announced offshore oil and gas drilling program. The decision to reverse plans to include Florida in an offshore drilling proposal announced last week by the US Department of

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Lucid Energy to Sell Delaware Basin Subsidiary for $1.6 Billion, Mexico

January 11, 2018

Lucid Energy and its financial sponsor EnCap Flatrock Midstream have signed an agreement to sell Lucid Energy Group II, which has a portfolio of natural gas processing properties in the Delaware sub-basin of New Mexico, for $1.6bn. Lucid Energy Group

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International Petroleum Acquires Cenovus Energy’s Suffield and Alderson Assets, Canada

January 11, 2018

International Petroleum (IPC) has completed acquisition of the stable, low-decline producing Suffield and Alderson oil and gas assets in Alberta, Canada from Cenovus Energy. The Suffield and Alderson conventional oil and natural gas assets are held over a large, contiguous

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Oil and Gas Leases Sold Beneath Cloud Peak Energy’s Spring Creek Coal Mine, Montana

January 11, 2018

Move over, coal. The federal government will allow a Wyoming company to explore oil and gas drilling within the footprint of Montana’s Spring Creek coal mine. Cheyenne-based Hoover & Stacy Inc., was awarded leases inside the permit boundary of Spring

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Kinder Morgan, DCP Midstream, Targa Finalize Investment Decision for Gulf Coast Express Pipeline

January 10, 2018

Kinder Morgan Texas Pipeline (KMTP), a subsidiary of Kinder Morgan, DCP Midstream, and an affiliate of Targa Resources have made a final investment decision to proceed with the Gulf Coast Express Pipeline Project (GCX Project) after having executed definitive joint

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American Midstream’s Cayenne Pipeline Enters into Full Operations

January 9, 2018

American Midstream Partners (AMID) has announced the completion and commencement of deliveries on its Cayenne Pipeline joint venture with Targa Resources. Cayenne will initially have 40,000 barrels per day of Y-grade NGL transport capacity with the ability to expand to

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Enterprise Products to Expand Orla Natural Gas Processing Complex, West Texas

January 9, 2018

Enterprise Products Partners has announced that the partnership plans to add 300 million cubic feet per day (MMcf/d) of incremental capacity at its cryogenic natural gas processing facility under construction near Orla, Texas in Reeves County. The addition of a

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Stallion Acquires Oilfield Recycling Service Provider Basin Wastewater Solutions

January 9, 2018

Stallion Oilfield Services has completed its acquisition of substantially all of the assets of Basin Wastewater Solutions, a provider of rig site potable water and wastewater recycling services. Basin is based in Carlsbad, NM and services the entirety of the

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Oneok to Build $1.4 Billion NGL Pipeline System in Rocky Mountain Region

January 9, 2018

Oneok has revealed its plans to build a new 1,448km long pipeline and associated infrastructure to transport natural gas liquids (NGLs) from the Rocky Mountain region to its existing Mid-Continent NGL facilities. The pipeline project, which will built with a

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