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NEWS Click on text to read news by category: General | Product | People | Worldwide

Williams Partners Commissions Its Virginia Southside II Gas Pipeline Project

December 12, 2017

Williams Partners has commissioned the Virginia Southside II project, an expansion of its Transco interstate natural gas pipeline to deliver additional service to southern Virginia markets. Through the Virginia Southside II project, the capacity of the Transco pipeline system is

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Dominion Commissions Its $4 Billion LNG Facility in Maryland

December 12, 2017

Dominion Energy Cove Point (DECP), a unit of Dominion Energy has introduced feed gas into its $4bn newly built natural gas liquefaction facility in the US state of Maryland which is in the process of being commissioned in Lusby. The

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Oasis to Acquire $946 Million Worth Acreage in Delaware Basin from Forge Energy

December 12, 2017

Texas-based oil and gas company Oasis Petroleum has agreed to acquire 20,300 net acres in the Delaware Basin from Forge Energy for about $946m in a cash-cum-stock deal. As per the terms of the deal, Oasis Petroleum will pay $483m

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Senex Energy Secures Environmental Approval for Western Surat Gas Project, Queensland

December 11, 2017

Senex Energy, an Australian oil and gas company has secured environmental approval from the state of Queensland to develop the Western Surat Gas Project in the Surat Basin. The Western Surat Gas Project is being undertaken to facilitate the delivery

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Bill Barrett to Merge with Fifth Creek Energy in $649 Million Deal

December 11, 2017

Bill Barrett has agreed to a strategic business combination with Fifth Creek Energy Company, a portfolio company of NGP, in a transaction valued at approximately $649m. The transaction creates a premier exploitation and production company exclusively focused on oil-weighted rural

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Logos Resources to Acquire WPX Energy’s San Juan Gas Assets in New Mexico and Colorado

December 11, 2017

Logos Resources II has agreed to acquire the gas assets of Tulsa-based WPX Energy in the San Juan Basin in the US which includes nearly 900 producing wells for an undisclosed price. The transaction also includes the undeveloped Mancos acreage

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Valorem Energy to Acquire Linn Energy’s Williston Basin Interests for $285 Million

December 11, 2017

Valorem Energy has closed on acquisition of Linn Energy’s Williston Basin interests for $285m, subject to customary purchase price adjustments. The acquired assets consist of approximately 20,000 net acres in North Dakota, South Dakota and Montana with estimated third quarter

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BLM Evaluates Oil and Gas Leasing Proposal in Northwestern Colorado

December 11, 2017

The Bureau of Land Management (BLM) is seeking public comments as it considers offering 64 parcels totaling 58,694 acres of federal minerals in northwestern Colorado in the June 2018 competitive oil and gas lease sale. “The BLM supports working landscapes

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Fluor Completes Sweet Gas Plants in Canada Ahead of Schedule and Under Budget

December 8, 2017

Fluor recently completed three sweet gas plants ahead of schedule and under budget in British Columbia, Canada. The plants will have the capacity to process a combined additional 800 million cubic feet of gas per day. The mechanical completion has

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Tidewater and TransAlta Sign LOI for $150 Million Gas Pipeline Project, Canada

December 7, 2017

Tidewater Midstream and Infrastructure will lay out a 120km long, $150m natural gas pipeline from its Brazeau River Complex (BRC) to TransAlta’s generating units at Sundance and Keephills in the Canadian province of Alberta. In this regard, the Calgary-based clean

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