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Peregrine Energy Partners Acquires Producing Royalties in Doddridge County, West Virginia
September 14, 2020
Peregrine Energy Partners has agreed to acquire producing royalties in Doddridge County, West Virginia from several private sellers. Continuing their string of acquisitions in the Appalachian Basin, Peregrine finalized the acquisition of royalties in 17 producing natural gas wells across
Barron Petroleum Makes Major New Discovery in Permian Basin
September 14, 2020
While working with a reputable geoscientist in the Permian Basin since 2018, Barron Petroleum and its CEO Manjit (Roger) Sahota have a reason to celebrate after coming across their biggest oil nad gas discovery to date. According to the geoscientist,
Eureka Resources’ Solution to Oil and Gas Wastewater Awarded U.S. Patent
September 14, 2020
Eureka Resources has been awarded a U.S. patent for its groundbreaking approach to cleansing and recycling wastewater from oil and gas operations. Hydraulically fractured oil and gas wells can use from 1.5 million gallons to 16 million gallons of water,
Pin Oak Midstream Acquires Laurel Mountain Midstream’s Assets in NW Pennsylvania
September 11, 2020
Pin Oak Midstream, a wholly owned subsidiary of Pin Oak Energy Partners, has closed on a transaction with Laurel Mountain Midstream (LMM) to acquire LMM’s Jackson Center assets. Laurel Mountain Midstream a joint venture between Williams Laurel Mountain and Chevron
Black Bear Transmission Closes Bolt-on Acquisition of Natural Gas Transmission Assets
September 11, 2020
Black Bear Transmission has completed the bolt-on acquisition of a portfolio of Natural Gas Transmission assets (NGT) from a subsidiary of Third Coast Midstream. Black Bear is a portfolio company of the second Basalt fund. This transaction marks Black Bear’s
Enbridge to Resume Operation of East Segment of Line 5 in Straits of Mackinac, Michigan
September 11, 2020
Enbridge will restart the east segment of Line 5 in the Straits of Mackinac after receiving authorization from the Pipeline and Hazardous Materials Safety Administration (PHMSA) and approval from the Michigan Circuit Court. “The decision to allow the restart of
U.S. Shale Producers Race for Federal Permits Ahead of Presidential Election
September 10, 2020
Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead of the November U.S. presidential election, concerned that a win by Democratic candidate Joe Biden could lead to a clamp-down on oilfield activity. Federal
Trump Makes Surprise Extension to Oil Drilling Ban Offshore Florida
September 10, 2020
US President Donald Trump has extended a ban on offshore oil and gas drilling off the Florida coast, and widened it to include the Atlantic waters of Georgia and South Carolina. The 10-year moratorium will prevent leasing in these areas
Approvals for New Oil and Gas Wells Up in California
September 10, 2020
Despite pushing back against the Trump administration’s plan to expand oil extraction in California, the state has issued 190 percent more oil and gas drilling permits in the first six months of 2020 than were approved under Gov. Gavin Newsom’s
Enterprise Cancels Midland-to-ECHO 4 Crude Oil Pipeline Project, Texas
September 10, 2020
Enterprise Products Partners has abandoned plans to go ahead with the Midland-to-ECHO 4 crude oil pipeline project (M2E4), as oil prices continue to remain weak. The cancellation of the 450,000 barrels per day pipeline project is expected to reduce the
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