Oil, Gas and Shale
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Phillips 66 and Enbridge Launches Open Season for West Texas Crude Oil Pipeline System

December 15, 2017

Phillips 66 and Enbridge Inc. has startd an open season for the Gray Oak Pipeline. The Gray Oak Pipeline will provide producers and other shippers the opportunity to secure crude oil transportation from West Texas to the destination markets of

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Plains All American Pipeline Launches Open Season for Permian Basin to Corpus Christi Pipeline,Texas

December 15, 2017

A subsidiary of Plains All American Pipeline, L.P. has received sufficient customer interest to conduct a binding open season for committed crude oil transportation from the Permian Basin to the Corpus Christi/Ingleside area (the pipeline). Origin points will be Orla,

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World Bank Group to End Financing for Upstream Oil and Gas Projects by 2019

December 14, 2017

The World Bank Group (WBG) has announced plans to stop financing upstream oil and gas projects after 2019, to help combat climate change. The announcement was made by the WBG, which includes the World Bank and three other institutions, at

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Noble Midstream-Greenfield JV to Acquire Saddle Butte Pipeline for $625 Million, DJ Basin

December 14, 2017

Black Diamond Gathering, a joint venture (JV) between Noble Midstream Partners and Greenfield Midstream has agreed to acquire the Saddle Butte integrated crude oil gathering system in the Denver-Julesburg (DJ) Basin in the US for $625m. The 257.4km long pipeline

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Canada to Create Office to Oversee Canadian Mining, Oil and Gas Companies’ Activities Abroad

December 14, 2017

Ottawa plans early next year to create an independent office to oversee Canadian mining, oil and gas companies’ activities abroad, a government spokesman said on Tuesday, a move that environmental and human rights groups have long demanded. The office would

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Rosehill Resources to Expand Its Delaware Basin Position with $77.6 Million Acquisition

December 13, 2017

Rosehill Resources Inc. has agreed to acquire up to 9,100 net undeveloped acres and certain producing oil and gas properties in the Southern Delaware Basin. The agreement remains subject to customary closing conditions and purchase price adjustments. “We believe this

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Pin Oak Energy Acquires Seneca Resources’ Marcellus and Utica Assets, Pennsylvania

December 13, 2017

Pin Oak Energy Partners LLC has closed a transaction with Seneca Resources Corporation to acquire Marcellus and Utica/Point Pleasant assets in Forest, Elk, McKean and Cameron Counties in Pennsylvania. “This acquisition concludes a very active 3rd quarter 2017 for Pin

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Enable Midstream Acquires Align Midstream for $300 Million

December 13, 2017

Enable Midstream Partners, LP has closed on its agreement to acquire Align Midstream, LLC, a midstream company with natural gas gathering and processing facilities in the Cotton Valley and Haynesville plays of the Ark-La-Tex Basin, for approximately $300 million, subject

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Milestone Environmental Services Opens Second Permian Facility in Midland, Texas

December 13, 2017

Milestone Environmental Services, an industry leader in oil and gas waste management, has opened its state-of-the-art facility to serve Permian customers in the Midland Basin. The location, 25 miles south of Midland on State Highway 349, is conveniently situated on

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Nostra Terra Makes Third Acquisition in Permian Basin, Texas

December 13, 2017

Nostra Terra, an oil and gas exploration and production company with assets in the U.S. and Egypt, has made its third acquisition in the Permian Basin of Texas. The acquisition includes a target which was previously drilled and produced oil.

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