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Tellurian Signs Long-Term Lease for Driftwood LNG, Louisiana
July 22, 2021
Tellurian’s wholly owned subsidiary Driftwood LNG has exercised its long-term lease option with the Lake Charles Harbor and Terminal District on the 477 acre site in Sulphur, Louisiana. The ground lease agreement has an initial term of 20 years with
New Fortress Energy Commences Operations at Its LNG Terminal in Port of Pichilingue
July 22, 2021
New Fortress Energy (NFE) said its liquefied natural gas terminal in the port of Pichilingue, Baja California Sur, Mexico has begun commercial operations and will host an event featuring state and local officials at the terminal on Friday, July 16th.
Kinder Morgan to Acquire Renewable Natural Gas Developer Kinetrex Energy for $310 Million
July 20, 2021
Kinder Morgan has agreed to acquire Indianapolis-based Kinetrex Energy from an affiliate of Parallel49 Equity. Kinetrex is the leading supplier of liquefied natural gas (LNG) in the Midwest and a rapidly growing player in producing and supplying renewable natural gas
OPEC+ Members Agree to Boost Crude Oil Production from August
July 19, 2021
The Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) have reached an agreement to increase the production of crude oil in the coming months. As per the terms of the agreement, the 23-member OPEC+ will ease its
Black Hills Energy Joins ONE Future Coalition, Commits to Reduce Methane Emissions
July 14, 2021
Our Nation’s Energy Future (ONE Future) said Black Hills Corp. has joined the Coalition. Black Hills Energy serves over 1.3 million electric and natural gas utility customers in more than 800 communities in Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South
BCE-Mach to Acquire Cimarex Energy’s Oklahoma and Texas Properties
July 12, 2021
BCE-Mach III recently signed a purchase and sale agreement to acquire producing properties in Western and Southern Oklahoma and the Texas Panhandle from Cimarex Energy. The acquisition, expected to close in June 2021, also includes two gas gathering and processing
Peregrine Acquires Producing Oil and Gas Royalties in Ohio County, West Virginia
July 7, 2021
Peregrine Energy Partners has agreed to acquire producing oil and gas royalties in Ohio County, West Virginia from a private seller. This marks the first acquisition in Ohio County, West Virginia for the Texas-based royalty buyers. “We’re excited about our
Validus Energy to Acquire Ovintiv’s Eagle Ford Assets for $880 Million
July 7, 2021
Ovintiv, a North American oil and gas producer, has agreed to divest its Eagle Ford assets in the U.S. to Validus Energy for $880 million. The company expects full year 2021 volumes from its Eagle Ford assets to average around
SandRidge Energy Acquires ORRI Assets in $4.85 Million Deal
July 7, 2021
SandRidge Energy has acquired all the overriding royalty interest assets of SandRidge Mississippian Trust I. The gross purchase price is $4.85 million (net $3.55 million). At the current strip and based on historical production trends, the company believes the acquisition
BP and Shell Begin Production from Manuel Oil Project, Gulf of Mexico
July 7, 2021
BP and Royal Dutch Shell have commenced production from the deepwater Manuel oil project located in the Mississippi Canyon block 520 in the U.S. Gulf of Mexico. The Manuel development involved the installation of a new subsea production system for
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