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Tallgrass Energy and Kinder Morgan Enter Agreement for Rockies Crude Oil Transportation Service
January 23, 2019
Tallgrass Energy (TGE) and Kinder Morgan (KMI) have entered into an agreement to jointly develop a solution to increase existing crude oil takeaway capacity in the growing Powder River and Denver-Julesburg basins and to add incremental capacity to the Williston
Westmoreland Gas Acquires Gas Assets in West Virginia
January 23, 2019
Westmoreland Gas has acquired producing assets in West Virginia. The assets, which were producing approximately 16 MMcfe/d as of December 31, 2018, were acquired from a private seller and provide the basis for the company to become a premier Appalachia
Koltek Energy Services Adds Additional Oilfield Maintenance and Repair Facility in Rocky Mountains
January 23, 2019
Koltek Energy Services, a nationwide energy services company, is expanding their repair and maintenance capabilities to service oilfield equipment and tools. Koltek will be adding both maintenance personnel and shop facilities in the Central Wyoming area. They are doing this
CNX Files for Permit to Expand Mamont South 1 Pad in Washington, Pa.
January 22, 2019
CNX has applied to the state Department of Environmental Protection for a permit to drill four new wells to tap natural gas from Utica shale at an existing Marcellus shale well pad in Washington Township. The site is known as
Canadian Indigenous Groups Weigh Trans Mountain Pipeline Deal to Ease Oil Glut
January 22, 2019
The Trans Mountain crude pipeline that Prime Minister Justin Trudeau’s government bought from Kinder Morgan Inc. last year is getting interest from some indigenous groups hurt by Canada’s oil price crunch. Five or six First Nation communities have approached the
Tellurian Secures Final EIS from FERC for Its Driftwood LNG Export Terminal
January 21, 2019
The US Federal Energy Regulatory Commission (FERC) has issued the final Environmental Impact Statement (EIS) for Tellurian’s Driftwood LNG, a proposed liquefied natural gas (LNG) export facility, and its associated pipeline project on the US Gulf Coast. The Driftwood LNG
Permian Shale Oil Boom Holds Good News and Bad News for OPEC
January 21, 2019
The year has barely begun but it’s already shaping up nicely for OPEC, with crude rebounding sharply after the worst fourth-quarter performance since 2014. A new production cuts deal with Russia and thawing U.S.-China trade relations have given the market
Carbon Energy Acquires Carbon Appalachian’s Natural Gas Producing Properties and Midstream Assets
January 18, 2019
Carbon Energy Corporation completed the acquisition of Carbon Appalachian Company. Carbon Energy now owns 100 percent of Carbon Appalachian Company’s producing properties, natural gas gathering pipelines, and related facilities. The purchase price for the membership units was approximately $58,000,000. Prior
Zenith Energy Acquires CorEnergy’s Portland Terminal Facility for $61 Million
January 18, 2019
CorEnergy Infrastructure Trust, Inc. has sold its Portland Terminal Facility and its remaining interest in the Joliet Terminal to Zenith Energy Terminals Holdings for an aggregate consideration of $61 million. Pursuant to CorEnergy’s lease agreement with its tenant, Zenith had
DOE: Surging Oil Output Will Push U.S. Towards Energy Independence in 2020
January 17, 2019
The U.S. will make major strides towards energy independence in the next two years as oil production and exports hit new highs, according to the Department of Energy. U.S. oil production, already at an all-time high this year, will increase
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