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Spur Energy to Acquire Concho Resources’ New Mexico Shelf Assets for $925 Million
September 5, 2019
Texas-based oil and gas firm Concho Resources has agreed to offload its assets in the New Mexico Shelf to an affiliate of Spur Energy Partners for $925 million. The sale includes acreage of nearly 100,000 gross acres which are currently
Crescent to Sell Uinta Basin Asset and Certain Saskatchewan Assets for C$912 Million
September 5, 2019
Crescent Point Energy has agreed to offload its Uinta Basin asset in the US and certain southeast Saskatchewan conventional assets in Canada for a total sum of around C$912 million in separate deals with undisclosed parties. In the first quarter
Flowtex Energy Acquires Minerva-Rockdale Field, Texas
September 5, 2019
Flowtex Energy has made its biggest acquisition so far. Acquiring the Minerva-Rockdale Field in Milam County, Texas, has risen Flowtex’s total controlled acreage above the 3000 acre mark and increased its producing well count to 26. This acquisition adds 545,010
RH Energytrans’ $86 Million Erie-Ohio Risberg Pipeline Project Nears Completion
September 4, 2019
Forty-foot sections of 12-inch steel pipe — a pipe so large you could roll a basketball down the inside — lay in sections along Route 20 last week. These pipes, which will be buried over the next few weeks, represent
IEnova Resolves Pipeline Contracts Dispute with Mexican Regulator
September 4, 2019
Infraestructura Energética Nova (IEnova) has reached an agreement with the Mexican government to settle a dispute pertaining to the transportation service contracts of the Guaymas - El Oro pipeline and the underwater Sur de Texas - Tuxpan pipeline. The agreements
IPAA Endorses Trump Administration Natural Gas and Oil Production Regulatory Revision
September 3, 2019
In response to the EPA’s announcement today of changes from the Obama-era methane regulations (the 2016 New Source Performance Standards [NSPS], Subpart OOOOa), including the change of the regulated emission from methane to volatile organic compounds (VOC), Independent Petroleum Association
Downhole Technology, Resource Well Technologies Merge, Create The WellBoss Company
September 3, 2019
Downhole Technology, LLC and Resource Well Completion Technologies Inc. are pleased to announce that the two companies will be combining on October 1, 2019. These combined businesses, wholly owned by Schoeller-Bleckmann Oilfield Equipment AG, will operate under newly-formed, The WellBoss
W. Va. Governor Justice Creates Task Force to Secure Shale Jobs
September 3, 2019
Gov. Jim Justice will make promoting and protecting the state’s oil and gas industry his top priority during the reminder of his time in office, according to two members of his administration. Speaking before a crowded room of business leaders
Houston American Energy to Acquire 20% Stake in Permian Basin Asset
September 3, 2019
Houston American Energy has agreed to acquire 20 percent stake in an existing 5,871 gross acre block in the San Andres formation in the Northern Shelf of the Permian Basin in the US from an undisclosed seller. Financial terms of
Argan’s Subsidiary Gemma Power Systems to Commence Construction of Guernsey Power Station, Ohio
August 30, 2019
Argan’s wholly owned subsidiary, Gemma Power Systems, received Notice to proceed with engineering, procurement, and construction activities under a contract for a 1,875 MW natural gas-fired power plant in Guernsey County, Ohio. Construction of this state-of-the-art combined cycle facility is
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