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OEG Offshore Merges with Louisiana-based Cargo Specialist Paragon Industries
May 10, 2017
OEG Offshore, a leading global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry, announces the merger of its US business with long established Louisiana based cargo unit and logistics specialist Paragon Industries, Inc.
MGX Minerals Signs Water Handling and Lithium Extraction Agreement with Oil and Gas Operator
May 9, 2017
MGX Minerals Inc. has entered into an agreement for water handling and lithium extraction with a major oil and gas company (operator). The newly signed demonstration plant agreement outlines collaboration between MGX and a large U.S. based oil and gas
PetroLegacy Energy Acquires Pioneer’s Midland Basin Acreage for $266 Million
May 8, 2017
PetroLegacy Energy II, LLC has closed on the acquisition of roughly 20,000 net acres in northeastern Martin County, Texas, from Pioneer Natural Resources Company for $266 million. This highly contiguous position in the northern Midland Basin is currently producing approximately
Enterprise to Build Shin Oak NGL Pipeline from Permian Basin to Mont Belvieu, Texas
May 8, 2017
Enterprise Products Partners L.P. has begun construction of a new 571-mile pipeline to transport growing volumes of natural gas liquids (NGL) from the Permian Basin to Enterprise’s NGL fractionation and storage complex in Mont Belvieu, Texas. The Shin Oak NGL
May 19: Savage Starts Open Season for Savage Bakken Connector Pipeline in North Dakota
May 8, 2017
Savage Bakken Connector, Inc. is commencing a binding open season to solicit commitments for new pipeline facilities that would connect Savage Services Corporation’s Bakken Petroleum Services Hub in Trenton, North Dakota, to the Dakota Access Pipeline (DAPL) near Trenton, North
May 18: Acres of Farmland with Mineral Production Set for Auction in Ochiltree County Texas
May 8, 2017
Located in the southwestern portion of Ochiltree County of the Texas Panhandle, the Davis Brothers Family Absolute Multi-Parcel Combination Auction is an offering of 1,280+/- acres of dryland farm ground, which also includes all of the owned minerals. The property
Noble Energy to Divest Marcellus Gas Assets for $1.2 Billion
May 4, 2017
Noble Energy has agreed sell all its natural gas production assets in the Marcellus shale field for $1.225bn. The company did not reveal the name of the buyer. Noble Energy’s interest in CONE Midstream Partners, which owns natural gas pipelines,
Devon Energy to Sell $1 Billion of Upstream Barnett Shale Assets
May 4, 2017
US-based Devon Energy has unveiled plans to sell up to $1bn worth of upstream assets across its portfolio. The non-core assets identified for divestment include select portions of the Barnett Shale with most of the assets around Johnson County. Devon
Stakeholder Midstream Acquires Lucid Energy’s Lovington Gas Gathering System, New Mexico
May 3, 2017
Stakeholder Midstream, LLC, has completed the purchase of the Lovington Gas Gathering System from Lucid Energy Group. The system is located in the Northwest Shelf of the Permian Basin in southeast New Mexico and serves oil and gas producers in
ExxonMobil and SABIC Select San Patricio County for Proposed Petrochemical Project, Texas Gulf Coast
May 3, 2017
ExxonMobil Chemical Company and SABIC each named the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. The proposed multibillion dollar investment would include a world-scale
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