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Texas Oil and Gas in Expansion Mode
June 3, 2019
Texas crude oil production continues to break records in 2019. This comes in spite of declines in rig count, drilling permits, well completions and E&P employment, according to the Texas Alliance of Energy Producers’ Texas Petro Index. The Texas Petro
NextDecade Signs EPC Contracts with Bechtel for Its Rio Grande LNG Project, Texas
May 31, 2019
NextDecade Corporation has signed two contracts with Bechtel Oil, Gas and Chemicals for the engineering, procurement, and construction (EPC) of NextDecade’s Rio Grande LNG project in Brownsville, Texas. The fully wrapped lump-sum turnkey (LSTK) EPC contracts include cost, schedule, and
KBR Awarded FEED and EPC Contracts for Oil Storage Facility in the Permian Basin
May 31, 2019
KBR announced that it has been awarded a reimbursable Front-End Engineering Design (FEED) and Engineering, Procurement and Construction (EPC) contract by a Tier 1 International Oil Company for improvements to a Permian oil gathering and storage terminal in west Texas.
Chevron Launches Social Initiatives in Tabasco, Mexico
May 31, 2019
Chevron Energía de México, S. de R.L. de C.V., operator of Block 22, has launched two social investment initiatives designed to increase access to educational opportunities and professional development in the State of Tabasco. “Chevron, on behalf of Block 22,
Red Wolf Natural Resources Acquires Assets in Oklahoma’s SCOOP, STACK, and Merge Plays
May 30, 2019
Red Wolf Natural Resources, a newly formed oil and gas exploration and production company, has acquired approximately 56,000 net acres and associated production in Oklahoma’s SCOOP, STACK, and Merge plays as well as the broader Anadarko Basin. “We are excited
Milestone Environmental Services Begins Construction on RCRA-exempt Oilfield Waste Landfill, Texas
May 30, 2019
Milestone Environmental Services (Milestone), an industry leader in oilfield waste disposal services, has begun construction of an RCRA-exempt oilfield waste landfill in Orla, Texas. The facility, which was permitted in March, will have capacity for approximately 6 million cubic yards
Tortoise to Acquire Midstream Energy Asset Management Business of Advisory Research
May 30, 2019
Tortoise has reached a definitive agreement to acquire the midstream energy asset management business of Advisory Research Inc. from parent company Piper Jaffray Companies. The Advisory Research midstream energy infrastructure team has approximately $3 billion in assets under management in
Encana CEO: Western Canada’s Montney Oil and Gas Region Could Be Huge
May 29, 2019
Western Canada’s Montney oil and gas region would be two to four times more productive if it was in the United States with its more efficient regulatory systems, says the CEO of Encana Corp. The enormous hydrocarbon-bearing formation that underlies
Pivotal LNG and NorthStar Inaugurate JAX LNG Facility, Florida
May 29, 2019
The LNG project has a production capacity of 120,000 gallons per day and storage capacity of more than two million gallons of liquefied natural gas. Southern Company Gas’ Pivotal LNG and NorthStar Midstream, a logistics firm owned by Oaktree Capital
Shell Begins Production at Appomattox Oil and Gas Field, Gulf of Mexico
May 29, 2019
The Appomattox field, which is located approximately 128km southeast of Louisiana in the deep-water Gulf of Mexico, has commenced production. Shell Offshore, a subsidiary of Royal Dutch Shell, and its partners have commenced production from the Appomattox floating production system
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