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EnCap Flatrock Midstream Promotes Morriss Hurt to Managing Partner and Chief Operating Officer
January 12, 2022
EnCap Flatrock Midstream (EFM) has promoted Morriss L. Hurt to managing partner and chief operating officer. Founded in 2008, EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America. The firm
DXP Enterprises Appoints Nick Little as COO, Paz Maestas as Chief Marketing & Technology Officer
January 12, 2022
DXP Enterprises has appointed Nick Little as chief operating officer and Paz Maestas as chief marketing & technology officer. “DXP has an outstanding leadership team that is the result of a focus on growing and improving the business talent at
Enterprise Products Partners to Acquire Navitas Midstream for $3.2 Billion
January 11, 2022
Enterprise Products Partners’ affiliate has entered into a definitive agreement to acquire Navitas Midstream Partners from an affiliate of Warburg Pincus in a debt-free transaction for $3.25 billion in cash consideration. Navitas Midstream provides natural gas gathering, treating, and processing
W&T Offshore to Acquire Oil and Gas Producing Properties in Gulf of Mexico for $47 Million
January 11, 2022
W&T Offshore has entered into a definitive purchase and sale agreement to acquire working interests in and operatorship of oil and gas producing properties in Federal shallow waters in the central region of the Gulf of Mexico (GOM) for total
Biden Administration to Reverse Trump-era Policy for New Oil Development on Arctic Alaska Land
January 11, 2022
The Biden administration announced on Monday that it will reverse a Trump-era policy that opened up vast swathes of Arctic Alaska land to new oil development. The U.S. Department of the Interior said it will scrap the Trump administration’s decision
UpCurve II Completes Initial Acquisition in Delaware Basin, Secures Equity Commitment from Post Oak
January 10, 2022
UpCurve Energy Partners II, has closed an equity commitment from Post Oak Energy Capital. In addition to the new equity commitment, UpCurve II has completed an initial acquisition in the Delaware Basin. The company will use the remaining equity commitment
G2 Net-Zero Awards McDermott FEED Contract for Zero Emissions NET Power Plant, Louisiana
January 10, 2022
G2 Net-Zero has awarded a front-end engineering design (FEED) contract for the development of its net-zero power generation plant in Southwest Louisiana to McDermott International. “We executed an intensive and exhaustive search to find the right provider and all roads
Calumet Closes $50 Million Financing for Its Renewable Hydrogen Plant
January 10, 2022
Calumet Specialty Products Partners said that Montana Renewables has closed the $50 million of project financing from Stonebriar Commercial Finance related to construction of the renewable hydrogen plant for Calumet’s renewable diesel business in Great Falls, Montana. Once complete, the
Rising Phoenix Royalties Acquires Range Resources’ Acres in Marcellus Shale, Pennsylvania
January 7, 2022
Rising Phoenix Royalties (RPR) revealed another natural gas royalty acquisition spanning 98 net royalty acres in the Marcellus Shale, Washington County, Pennsylvania. Range Resources Corporation, a leading U.S. independent natural gas and NGL producer, is the well-site operator. “Our clients
U.S. Energy Firms Add Oil and Gas Rigs for Record 17th Month in a Row
January 6, 2022
U.S. energy firms added oil and natural gas rigs for a record 17 months in a row as higher prices lured some drillers back to the wellpad after last year’s coronavirus-driven decline in demand. The oil and gas rig count,
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