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Mewbourne Oil Company Opens New Permian Basin Headquarters in Southeast New Mexico
July 26, 2017
Mewbourne Oil Company has opened new regional headquarters for operations in Southeast New Mexico’s booming Permian Basin. The Tyler, Texas-based company’s new facility underscores their long-term commitment to Hobbs, New Mexico and the Permian Basin with an eye toward growth
Atlas Unveils New Website and Logo through Fueling Innovation Campaign
July 26, 2017
Atlas has launched its new website and logo as the Michigan-based company positions itself as an oil and gas industry leader committed to fueling innovation by introducing new technology and strategic nationwide partnerships. “Atlas is excited to remain a catalyst
Tall Oak Midstream Forms New Company, Tall Oak Midstream III
July 26, 2017
Tall Oak Midstream’s founders have formed Tall Oak Midstream III, LLC with an initial equity commitment of up to $200 million from private equity firm EnCap Flatrock Midstream and Tall Oak management. In January 2016, Tall Oak sold its first
Greenfield Midstream Receives $300 Million Equity Commitment from EnCap Flatrock Midstream
July 26, 2017
Greenfield Midstream, LLC has secured an initial $300 million equity commitment from EnCap Flatrock Midstream. Headquartered in Houston and established in 2017, Greenfield Midstream is a privately held energy company focused on the organic development of midstream infrastructure across North
ConocoPhillips to Mothball LNG Facility in Alaska as It Seeks Buyer
July 25, 2017
In 2016, ConocoPhillips announced that it was putting its liquefied natural gas plant in Kenai on the market. But, the company hasn’t yet found a buyer and a company spokesperson said it’s going to save expenses by mothballing the facility
Falcon Seaboard Launches $145 Million Permian Investment Fund, Texas
July 25, 2017
Falcon Seaboard Resources has announced the launch of the $145m Falcon Seaboard Permian Fund I, LP. The fund is the first time David Dewhurst, the CEO and Chairman of Falcon Seaboard Diversified, Inc. and former Lieutenant Governor of Texas, has
Quanta Services Acquires Stronghold for $450 Million
July 25, 2017
Quanta Services has acquired Stronghold companies, which are specialized solutions providers to the downstream and midstream energy markets, for a sum of $450m. The cash-cum-stock transaction includes the acquisition of Stronghold and Stronghold Specialty. According to Quanta Services, Stronghold has
W. Va. Seeking $10 Billion Gov’t Grant for Gas Storage Project
July 25, 2017
Having lost tens of thousands of coal mining jobs to the rise in natural gas, several states have decided if you can’t beat them, join them. A bipartisan group of lawmakers hopes to persuade President Donald Trump to spare a
House Votes to Give FERC Authority Over Approval of Interstate Natural Gas Pipelines
July 24, 2017
The House voted Wednesday to prevent future presidents from scuttling oil and gas pipelines, like the Keystone XL project, that run across international borders. Lawmakers voted to give the Federal Energy Regulatory Commission (FERC) authority over the approval of interstate
Court Orders NEB to Reconsider Decision on TransCanada’s $5 Billion Pipeline Project
July 24, 2017
Canada’s Federal Court of Appeal has ordered the National Energy Board (NEB) to reconsider the provincial approval to TransCanada’s $5bn Prince Rupert Gas Transmission (PRGT) pipeline. The NEB has also been asked to determine if the pipeline project falls under
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