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Texas Oilers Give Trump Credit for Breaking Production Record From 1970s
February 19, 2019
Texas oil drillers congratulated themselves for breaking their 1973 production record by 20 percent in 2018. They gave a shoutout to President Donald Trump for rolling back regulation on the industry. In 2018, 1.54 billion barrels of crude were pumped,
Williams and Targa Reveal $600 Million NGL Pipeline Projects in U.S.
February 18, 2019
Williams and Targa Resources revealed their plans to develop new natural gas liquids pipeline projects (NGL pipeline projects) in the U.S. with an investment of around $600 million. The NGL pipeline projects to be developed are the 302.5km long Bluestem
BHP Approves $1.3 Billion for Atlantis Phase 3 Project, Gulf of Mexico
February 18, 2019
BHP said that its board has sanctioned the company’s share of $696 million funding for the $1.3 billion Atlantis Phase 3 project in the deepwater U.S. Gulf of Mexico. The decision from BHP comes about a month after its partner
Howard Energy, NextEra Energy Enter JV to Develop Natural Gas Transportation Opportunities
February 18, 2019
Howard Energy Partners and NextEra Energy Partners said that they entered into a joint venture to develop additional natural gas transportation opportunities in the Eagle Ford shale region of South Texas. The joint venture intends to market capacity on NextEra
Encana Completes $7.7 Billion Acquisition of Texas-based Newfield Exploration
February 18, 2019
Canada-based Encana has wrapped up its $7.7 billion acquisition of U.S. oil and gas company Newfield Exploration. The all-stock deal between Encana and Newfield Exploration, worth around $5.5 billion, was announced in November 2018, under which the former also agreed
Williams and Targa to Expand Infrastructure to Link Conway and Mont Belvieu Markets
February 15, 2019
Williams and Targa Resources Corp. signed new natural gas liquids (NGL) agreements and NGL pipeline projects that will link the Conway, Kansas, and Mont Belvieu, Texas, NGL markets. Williams will build a 188-mile NGL pipeline, called the Bluestem Pipeline, from
Consumer Energy Alliance: Green New Deal Could Cost Consumers $244 Billion in Appliance Replacement
February 15, 2019
Following news that Senate Majority Leader Mitch McConnell, R-Ky., plans to bring the proposed Green New Deal up for a Senate vote, David Holt, President of Consumer Energy Alliance (CEA), the leading consumer energy advocate, released the below statement: “The
Sentinel Midstream to Develop Texas GulfLink Crude Oil Export Terminal
February 14, 2019
Sentinel Midstream, a portfolio company of Cresta Energy Capital, has unveiled its plans to develop a deepwater crude oil export terminal in Texas, dubbed as Texas GulfLink. To be built near Freeport, Texas GulfLink, upon its completion, will be able
Longhorn Midstream, Old Ironsides Energy Partner to Pursue Midstream Oil and Gas Opportunities
February 14, 2019
Longhorn Midstream Holdings, LLC (“Longhorn”), a newly-formed midstream oil and gas company, announced today that it has partnered with Old Ironsides Energy, LLC (“Old Ironsides”), a private oil and gas investment firm. Based in Dallas, Texas, Longhorn will pursue midstream
EQT Acquires Houston-based Kodiak Gas Services
February 14, 2019
The EQT Infrastructure III fund announced that it has acquired Kodiak Gas Services from The Stephens Group, a private investment firm representing the interests of Witt Stephens, Jr. and Elizabeth Campbell. Kodiak will maintain its corporate headquarters in Houston, Texas,
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