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Community Minerals Acquires Portfolio Spanning 16 States, 167 Counties, 77 Oil and Gas Operators
August 20, 2021
Community Minerals has closed a transformational acquisition of a mineral and royalty portfolio spanning 16 U.S. states, 167 counties, and 77 oil and gas operators. The acquisition contains hundreds of producing wells and spans all major North American basins including
Comstock Resources Offering U.S. Shale Oil and Gas Assets
August 20, 2021
Dallas Cowboys owner Jerry Jones’ Comstock Resources oil company is offering to sell properties in North Dakota’s Bakken oilfield, a marketing document seen by Reuters shows, as rising energy prices lift buying and selling in the sector. Crude oil prices
DOE Funds $24 Million for Nine Capture Carbon Emissions Projects
August 19, 2021
The U.S. Department of Energy (DOE) allocated $24 million in funding for nine research projects to explore and develop new methods of capturing and storing carbon from the air. Direct Air Capture (DAC) is an expanding field in decarbonization and
Williams Finalizes Upstream JV With Crowheart Energy in Wamsutter Field, Wyoming
August 18, 2021
Williams has finalized an upstream joint venture with Crowheart Energy in the Wamsutter Field of the Greater Green River Basin of Wyoming. The joint venture involves the consolidation of three legacy operating assets consisting of more than 1.2 million net
Canada Approves NOVA Gas Transmission’s $409 Million NGTL Edson Mainline Expansion Project
August 18, 2021
The Canadian government has approved the C$509 million ($409 million) NOVA Gas Transmission (NGTL) Edson Mainline expansion project with 25 conditions. The expansion project forms part of the C$1.5 billion ($1.15 billion) expansion of TC Energy’s NOVA Gas Transmission (NGTL)
Canada’s Tourmaline to Acquire Black Swan Energy for $908 Million
August 18, 2021
Tourmaline Oil Corp. has entered into a definitive agreement to acquire privately owned Black Swan Energy Ltd. for a total consideration of approximately CAD$1.1 billion, consisting of 26 million Tourmaline common shares and the assumption of net debt up to
Williams Enters Deepwater Export Agreement at Shenandoah, Gulf of Mexico
August 18, 2021
Williams reached an export agreement with Beacon Offshore Energy Development and its co-owner ShenHai, a subsidiary of Navitas Petroleum, to provide offshore natural gas gathering and transportation services and onshore natural gas processing services to the Shenandoah development through the
U.S. Oil Rig Count Hits Highest Level Since April 2020
August 16, 2021
U.S. energy firms added the most oil rigs in a week since April as the total rig count more than doubled from a record low a year ago amid a recovery in crude prices. The combined oil and gas rig
Oil States Urge Biden to Uncork U.S. Drilling Instead of Turning to OPEC
August 16, 2021
Republican leaders in oil-and-gas states want President Biden to get behind domestic producers instead of pleading with foreign governments to pump more crude as the administration seeks to counter surging fuel prices. Texas Gov. Greg Abbott advised the White House
‘Pathetic and Embarrassing’: Biden’s Request to OPEC Draws Criticism
August 13, 2021
In an effort to curb high gasoline prices, White House national security adviser Jake Sullivan called on OPEC+ Aug. 11 to turn on the taps amid pandemic-related cuts. “Higher gasoline costs, if left unchecked, risk harming the ongoing global recovery,”
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