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TransCanada Commissions Final Section of $1.3 Billion Expansion of NGTL Pipeline System
April 10, 2018
TransCanada has completed the last leg of its CAD1.7bn ($1.32bn) 2017 expansion program on the Nova Gas Transmission (NGTL) System in Alberta, Canada by commissioning the Northwest Mainline Loop-Boundary Lake pipeline. The Boundary Lake section of the NGTL expansion saw
NuBlu Energy Opens LNG Liquefaction Facility in Port Allen, Louisiana
April 10, 2018
NuBlu Energy has opened its Port Allen LNG liquefaction facility in the US state of Louisiana for commercial production. The 30,000 gallons per day facility displays the modularity of the patented NuBlu technology as the current plant design allows for
Rick Perry Speaks at CERAWeek Conference, Says ‘Banning Fossil Fuels is a Fools Errand’
April 10, 2018
Energy Secretary Rick Perry believes it’s “a fool’s errand” to ban fossil fuels in the coming decades, according to his remarks at an oil and gas industry conference. “I think it’s a fool’s errand to stand up and say by
Halcón Resources Acquires West Quito Draw for $200 Million
April 9, 2018
Independent energy company Halcón Resources has acquired West Quito Draw for a purchase price of $200m. Halcón has elected not to exercise its previously disclosed Monument Draw East Option, and also provided an update on its recent well results in
Midstates Petroleum Signs Deal to Sell Anadarko Basin Producing Properties for $58 Million
April 9, 2018
Midstates Petroleum as signed a purchase and sale agreement (PSA) with an undisclosed buyer for the sale of its Anadarko Basin producing properties located in the Texas panhandle and western Oklahoma, US for $58m. These divested properties had fourth quarter
OneSoft, WorleyParsons Partner to Deliver Machine Learning Solutions for Canadian Pipeline Operators
April 9, 2018
OneSoft Solutions wholly owned subsidiary OneBridge Solutions has entered into a collaborative work agreement with WorleyParsons to deliver machine learning solutions for Canadian oil and gas pipeline operators. The solution integrates OneBridge’s Cognitive Integrity ManagementTM (“CIM”) Software-as-a-Service (“SaaS”) solution with
Encana and Keyera to Jointly Develop Liquids Hub and Natural Gas Processing Plant, Alberta
April 9, 2018
Keyera has agreed to acquire and fund the development of Encana’s Pipestone Liquids Hub and Encana’s planned Pipestone Processing Facility. This agreement provides Encana with an additional 33,000 barrels per day (bbls/d) of net raw condensate processing capacity and 170
U.S. Silica to Sell Three Transload Assets to CIG Logistics for $75 Million
April 5, 2018
U.S. Silica Holdings has signed an agreement to sell three transloads located in the Permian, Eagle Ford and Appalachian Basins to CIG Logistics for $75m. The transaction is expected to close by the end of this month, pending financing. The
Contango Sells Non-core Eagle Ford Shale Assets for $21 Million, Texas
April 5, 2018
Contango Oil & Gas has sold its operated Eagle Ford Shale assets located in Karnes County, Texas to an independent oil and gas company for a sum of $21m. The divestiture closed on Wednesday, March 28 and included approximately 1,500
Lilis Energy Acquires Delaware Basin Assets, New Mexico
April 5, 2018
Lilis Energy, an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, has acquired approximately 2,798 net acres in southeastern New Mexico in the Delaware Basin. Aggregate consideration for the Acquisition is ~$65
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