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Patterson-UTI Energy and NexTier Oilfield Solutions Complete $5.4 Billion Merger
September 6, 2023
Patterson-UTI Energy has completed the all-stock merger with NexTier Oilfield Solutions, creating a leading provider of drilling and completions services in the United States. The combined company will retain the name Patterson-UTI Energy and maintain its headquarters in Houston, Texas.
UGI Board Launches Strategic Review, to Explore Full Range of Options
September 6, 2023
UGI Corporation said its board of directors has initiated a process to evaluate potential strategic alternatives with the intent to unlock and maximize shareholder value. In consultation with financial and legal advisors, the strategic review, focused on the LPG businesses,
Western Midstream Expands Powder River Basin Footprint With $885M Acquisition of Meritage Midstream
September 5, 2023
Western Midstream Partners (WES) said one of its operating subsidiaries has signed an agreement to acquire Meritage Midstream Services in an all-cash transaction for a purchase price of $885 million, subject to customary adjustments. Meritage, a privately held midstream company
Berkshire Hathaway Energy Completes Acquisition of Additional Stake in Cove Point LNG
September 5, 2023
Berkshire Hathaway Energy has completed the purchase of Dominion Energy’s 50 percent limited partnership stake in the Cove Point LNG, LP business, resulting in a total ownership interest of 75 percent. The ownership interest is held within BHE GT&S, a
BSEE Conducts Oil Spill Response Exercise in Pacific Ocean
September 5, 2023
As part of its mission to protect the environment and ensure offshore oil and gas operators are prepared to respond rapidly and effectively to oil spills, the Bureau of Safety and Environmental Enforcement (BSEE) conducted a Government Initiated Unannounced Exercise
U.S. Drillers Cut Oil and Gas Rigs for Eighth Week in a Row
September 5, 2023
U.S. energy firms last week cut the number of active oil and natural gas rigs for an eighth week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
Happy Labor Day from the Team at Mining Connection
September 1, 2023
This Labor Day, we want to recognize the hardworking individuals in the mining and oil & gas industries. It’s a day to recognize the immense efforts and dedication that go into the work done each day. You are the backbone
DT Midstream Completes Phase 1 LEAP Expansion
August 31, 2023
DT Midstream has commissioned its LEAP phase 1 expansion early, increasing its capacity from 1.0 Bcf/d to 1.3 Bcf/d, ahead of its planned Q4 2023 in service date and on budget. The pipeline’s phase 2 and phase 3 expansions remain
Barrell Energy to Develop Gulf Coast Carbon Storage Network in Louisiana and Texas
August 31, 2023
Barrell Energy said it is developing the Gulf Coast Storage Network (GCSN), which currently consists of four carbon sequestration sites along the Gulf Coast in Louisiana and Texas. “Carbon sequestration is rapidly emerging as a current technological solution for the
Agencies Launch $350 Million Funding Opp to States to Cut Methane Emissions from Oil and Gas Sector
August 31, 2023
The U.S. Environmental Protection Agency (EPA), U.S. Department of Energy (DOE), and DOE’s National Energy Technology Laboratory (NETL) announced today the availability of up to $350 million in formula grant funding to help monitor and reduce methane emissions from the
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