Oil, Gas and Shale
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Multifuels Acquires 124 Mile Gas Pipeline System in Central Texas

January 17, 2017

Multifuels Midstream Group, LLC has purchased 124 miles of high pressure gas pipeline in Central Texas from a large publicly traded Master Limited Partnership (MLP), and will repurpose the pipeline with new pipe construction; new interconnects including gas measurement and

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Krewe Energy Acquires Additional Interest at Coquille Bay Field, Louisiana

January 17, 2017

Krewe Energy, LLC has acquired additional working interest in the Coquille Bay Field, which it operates in Plaquemines Parish, Louisiana, giving Krewe approximately 100 percent interest in the field. The company made its initial entrance into the field in the

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Parsley Energy to Acquire $607 Million Oil and Gas Assets in Midland and Delaware Basins

January 13, 2017

Texas based Parsley Energy has agreed to acquire certain undeveloped acreage, and oil and gas producing assets for $607m near its existing operating areas in the Midland and Southern Delaware Basins. In the Midland Basin, the company will acquire nearly

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Kleinfelder Named Prime Vendor for $125 Million Refinery Remediation Program, New Jersey

January 12, 2017

Kleinfelder has been selected by a Fortune 500 petroleum client to serve as the prime vendor overseeing a $125 million environmental clean-up program at a major petrochemical facility in New Jersey. Through this contract Kleinfelder will provide soil and groundwater

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MHIA Completes Construction of Post-Combustion CO2 Capture System, Petra Nova Carbon Capture Project

January 12, 2017

Mitsubishi Heavy Industries America, Inc. (MHIA), a wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. of Japan (MHI), has successfully completed construction of the world’s largest post-combustion CO2 capture and compression system. Managed and executed in the U.S., the system is

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Upstream Exploration Brings Second Successful Oil Well Online in East Cox Bay Field, Louisiana

January 12, 2017

Upstream Exploration LLC has completed and brought online a second successful well in the East Cox Bay Field located in Plaquemines Parish, Louisiana. The well, referred to as the Palmetto C Prospect, encountered 64 feet of net oil pay from

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The Sixth Annual 2017 Shale Gas Innovation Contest is Accepting Applications

January 12, 2017

The Sixth Annual Ben Franklin Shale Gas Innovation and Commercialization Center’s Shale Gas Innovation Contest is currently accepting applications. This year three winners will each receive a check for $20,000. Small businesses, researchers, or entrepreneurs in Pennsylvania with new products

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W&T Offshore Discovers Deeper Productive Reservoirs at Mahogany Oil Field, Gulf of Mexico

January 11, 2017

W&T Offshore announced that its Ship Shoal 359 A-18 well has logged 149ft of net oil pay in five zones and extended the size and depth of the Mahogany field. The SS 349 A-18 well was drilled on the western

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U.S. BOEM Rejects Six Seismic Testing Applications in Atlantic Planning Areas

January 11, 2017

The US Bureau of Ocean Energy Management (BOEM) has rejected six applications for seismic testing in the Mid- and South Atlantic Planning Areas of the Atlantic Ocean. The denial of six pending geophysical and geological (G&G) permit applications comes due

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DCP Midstream Partners to Merge DCP Midstream Assets to Form $11 Billion Company

January 11, 2017

DCP Midstream Partners (DPM) has acquired the assets owned by DCP Midstream to become a major natural gas liquids producer and gas processor in the US with an enterprise value of $11bn. DCP Midstream is a joint venture between Phillips

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