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Northern Oil and Gas to Acquire VEN Bakken’s Williston Basin Properties for $295 Million
April 24, 2019
Northern Oil and Gas has entered into a definitive agreement to acquire the Williston Basin properties of VEN Bakken. VEN Bakken is a wholly-owned subsidiary of Flywheel Bakken (formerly Valorem Energy), a portfolio company of the Kayne Private Energy Income
Murphy Oil to Acquire LLOG’s Deep Water Gulf of Mexico Assets for $1.375 Billion
April 24, 2019
Murphy Oil Corporation’s wholly owned subsidiary, Murphy Exploration & Production Company – USA, has entered into a definitive agreement to acquire deep water Gulf of Mexico assets from LLOG Exploration Offshore and LLOG Bluewater Holdings. The accretive, cash flow providing
Ohio’s Growing Shale Energy Industry Attracts More than $74 Billion in Investment Since 2011
April 24, 2019
Total investment in Ohio’s resource rich shale energy sector has reached $74 billion since tracking began in 2011, according to a Cleveland State University study. Prepared for JobsOhio, the report represents the most recent data available and covers shale investment
Rebounding Haynesville Shale Breaks 2011 Production Record, Texas
April 23, 2019
The Haynesville shale in East Texas and Louisiana hasn’t boomed for nearly a decade, but a recent resurgence in activity has pushed the gassy shale play’s output to a record high this spring. The Haynesville is churning out a record
McDermott and Partners Commission Cameron LNG Project, Louisiana
April 23, 2019
McDermott International and its joint venture partner, Chiyoda International have introduced feed gas to Train 1 of the Cameron LNG project in Hackberry, Louisiana, marking the final commissioning step for the $10bn first phase of the project. The move follows
Colorado Governor Signs Major Overhaul Law of Oil and Gas Rules
April 23, 2019
Colorado Gov. Jared Polis on Tuesday signed into law a major overhaul of state oil and gas rules, turning the focus away from encouraging production and directing regulators to make public safety and the environment their top priority. The law
Canada Extends Deadline for Trans Mountain Pipeline Decision to June 18
April 22, 2019
The federal government says it is delaying its decision on the Trans Mountain pipeline expansion project until June 18 in order to wrap up consultations with Indigenous groups. The deadline is being pushed back by almost a month on the
Wildcatter Floyd Wilson is Back, Forms Falconer Oil and Gas
April 22, 2019
Fresh off getting elbowed aside as chief executive of Halcon Resources Corp., legendary wildcatter Floyd Wilson is back with his “ninth or tenth” oil company. He’s launched Falconer Oil and Gas Corp., a Houston-based venture with a vague mandate from
Industry is Anxious for White House to Nominate New FERC Commissioners
April 22, 2019
As protesters scaled Federal Energy Regulatory Commission headquarters on Thursday morning, observers couldn’t help but remark that the long chapter in the agency’s history as a politics-free zone is swiftly coming to a close. FERC has become “more and more”
Oryx Delaware Oil Transport Launches Binding Open Season for Its Regional Transportation System
April 19, 2019
Oryx Midstream Services’ operating subsidiary, Oryx Delaware Oil Transport LLC (ODOT) has launched a binding open season to secure volume commitments to support the proposed construction and development of new crude oil transportation movements on its regional crude oil transportation
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