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Diversified Completes $575 Million Acquisition of EQT’s Appalachian Assets
July 23, 2018
Diversified Gas & Oil has completed the acquisition of EQT’s southern Appalachian producing gas and oil and midstream assets. The EQT Asset Acquisition increases the Company’s daily production by approximately 115 percent to over 60,000 barrels of oil equivalent per
Devon Energy Completes $3.1 Billion Sale of EnLink Midstream to GIP
July 23, 2018
US-based Devon Energy has completed the sale of its ownership interests in EnLink Midstream Partners and EnLink Midstream for $3.125bn to affiliates of Global Infrastructure Partners (GIP), an infrastructure fund manager. With the closing of this transaction, the financial results
Talos Commences Production at Mt Providence Well in Mississippi Canyon
July 23, 2018
Talos Energy said that the Mt Providence well in the Mississippi Canyon Block 028 (MC 028) has commenced production ahead of its original schedule. The Mt Providence well has a current gross production of 3,850 barrels of oil equivalent per
Environmentally-Focused Oilfield Waste Facility Opens Near Orla, Texas
July 20, 2018
Milestone Environmental Services, an industry leader in oil and gas waste management, has opened its state-of-the-art facility to serve E&P customers in the northern Delaware Basin. The location in northern Reeves County is five miles east of Orla on FM
Concho Resources Completes Acquisition of RSP Permian
July 20, 2018
Concho Resources Inc. has completed its acquisition of RSP Permian, Inc. The transaction creates the largest unconventional shale producer in the Permian Basin. “We are excited to complete this transaction and welcome the RSP team to Concho. By combining two
Southern District of New York Dismisses Climate Change Case Against Chevron
July 20, 2018
The U.S. District Court for the Southern District of New York granted Chevron Corporation’s motion to dismiss the climate change lawsuit filed against it by the City of New York. This decision follows the June 25th order by the U.S.
Praxair Signs Long-Term Agreement to Supply US Methanol in West Virginia
July 20, 2018
Praxair, Inc. has signed a long-term agreement to supply oxygen to U.S. Methanol’s new facility in Institute, West Virginia. The customer’s facility will produce methanol for use in the production of plastics, varnishes, medicines, adhesives and textiles. Praxair will build
Baker Hughes to Sell Natural Gas Solutions Business for $375 Million
July 19, 2018
Baker Hughes, a GE company (BHGE) has entered into two separate agreements to sell its Natural Gas Solutions (NGS) business to First Reserve and Pietro Fiorentini for a total sum of $375m. While First Reserve, a global private equity investment
Enterprise Products to Develop Offshore Crude Oil Export Terminal, Texas
July 19, 2018
Enterprise Products Partners has announced its plan to develop an offshore crude oil export terminal offshore the Texas Gulf Coast. The terminal will be equipped to fully load Very Large Crude Carriers (VLCC), which have capacities of approximately 2 million
Williams Partners Close to Completion of $3 Billion Atlantic Sunrise Pipeline Project
July 19, 2018
Williams Partners said that it is on the verge of wrapping up construction on the $3bn Atlantic Sunrise pipeline project in the US, which it says is on track to be commissioned during summer. The Atlantic Sunrise pipeline project is
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