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ONEOK Files Permit Application for Permian-Mexico Connector Pipeline
January 18, 2023
ONEOK said its Saguaro Connector Pipeline subsidiary has filed a presidential permit application with the Federal Energy Regulatory Commission (FERC) to construct and operate facilities for the exportation of natural gas at a new international border-crossing at the U.S. and
Phillips 66 to Acquire Public Units of DCP Midstream for $3.8 Billion
January 18, 2023
Phillips 66 and DCP Midstream have entered into a definitive agreement to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit, increasing
High Arctic Energy Services Completes $28 Million Sale of Its Canadian Well Servicing Business
January 18, 2023
High Arctic Energy Services has closed the sale of its Canadian well servicing business on receipt of the final cash payment of $28 million. The well servicing transaction was announced by the corporation on July 18, 2022 with an effective
Tallgrass Releases Series of Initiatives to Protect Louisiana Coastline and Communities
January 18, 2023
Tallgrass has entered into an agreement with the Louisiana Coastal Protection and Restoration Authority (CPRA) for the sale of over 500 acres of property in Plaquemines Parish, Louisiana, to advance Governor John Bel Edward’s efforts to restore the state’s eroding
BP Doubles Oil Production From Its Thunder Horse Project, Gulf of Mexico
January 17, 2023
BP doubled crude oil production from its Thunder Horse project in the deepwater Gulf of Mexico, per a report by Reuters. For the first time in more than a year, production at the platform increased to more than 200,000 barrels of
Public Shale Drillers Take the Lead Over Private Oil Operators
January 17, 2023
Publicly traded oil explorers such as Occidental Petroleum Corp. and EOG Resources Inc. have taken the lead in expanding shale drilling, displacing private companies that dominated the space for more than a year. Public drillers added 18 rigs during the
House Passes Bill Aimed at Restricting Oil Reserve Sales to Companies with Chinese Influence
January 17, 2023
The House last week passed a bill aimed at restricting sales from the country’s oil reserves to China. The legislation bars sales of oil from the Strategic Petroleum Reserve (SPR) to entities under the control, ownership or influence of the
TXOGA Appoints Neal Carlton as New President of TXOGA Insurance Agency
January 17, 2023
The Texas Oil & Gas Association (TXOGA) has names Neal Carlton as president of the TXOGA Insurance Agency. Carlton most recently served as vice president of Membership & Corporate Secretary at TXOGA for more than seven years. As president of
Northern Oil and Gas Closes Upsized Acquisition in Core Midland Basin Development Project
January 16, 2023
Northern Oil and Gas has closed on its acquisition of non-operated interests in the Mascot Project from Midland Petro D.C. Partners (MPDC). As part of the closing, NOG upsized the original transaction by acquiring an additional 3.25 percent working interest
Texas Gov. Greg Abbott to Join 2023 NAPE Summit Governors Panel
January 16, 2023
Texas Gov. Greg Abbott will join Oklahoma Gov. J. Kevin Stitt and Wyoming Gov. Mark Gordon at the 2023 NAPE Summit to discuss the latest trends, issues and opportunities in today’s dynamic energy market. The Governors Panel is part of
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