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Senator Manchin’s Last-gasp Permitting Effort Fails
December 8, 2022
Congressional Democratic leaders fell short in a last-ditch effort to honor a promise to pass Sen. Joe Manchin’s permitting overhaul proposal. The final text of the fiscal 2023 National Defense Authorization Act released Tuesday night did not include language that
Independent Petroleum Association of America Appoints Steven Pruett as New Board Chairman
December 8, 2022
The Independent Petroleum Association of America (IPAA) has appointed Steven H. Pruett, the president and chief executive officer of Elevation Resources, as board chairman for the 2022-2024 term. Pruett comes into this role after serving the past term as the
Marathon Oil to Acquire Ensign’s Eagle Ford Shale Assets for $3 Billion
December 7, 2022
Marathon Oil, a U.S. based oil and gas firm, has agreed to acquire Ensign Natural Resources’ assets in the Eagle Ford Shale in South Texas for $3 billion in an all-cash deal. Ensign Natural Resources has 130,000 acres that are
Summit Midstream Partners Acquires Outrigger DJ Basin System, Other Infrastructure for $305 Million
December 7, 2022
Summit Midstream Partners wholly owned subsidiary, Summit Midstream Holdings, has acquired DJ Basin acquisitions of Outrigger DJ Midstream and Sterling Energy Investments, Grasslands Energy Marketing, and Centennial Water Pipelines for approximately $305 million in cash. The acquisition of Outrigger DJ
Wyoming-Focused PureWest Grows Market for Certified Gas through New Partnership
December 7, 2022
PureWest Energy, an independent natural gas company based in Wyoming’s Green River Basin, has entered into a first-of-its-kind collaboration with EarnDLT and Project Canary. This partnership will transform verifiable low-methane emissions data attributes associated with PureWest’s gas production and other
Nabors Marks Milestone with Modular Rig Upgrade that Automates Routine Drilling Activities
December 7, 2022
Nabors Industries Ltd. has launched its Canrig Red Zone Robotics (RZR) Rig Floor Module, a modular rig upgrade that automates routine drilling activities. Nabors retrofitted an existing rig — X29 — with RZR (pronounced razor) and has successfully drilled multiple
EPA Issues Supplemental Proposal to Reduce Methane from Oil and Natural Gas Operations
December 7, 2022
EPA is proposing to update, strengthen, and expand its November 2021 proposal that would secure major climate and health benefits for all Americans by reducing emissions of methane and other harmful air pollution from both new and existing oil and
Enerplus to Sell Remaining Canadian Assets to Surge Energy for $180 Million
December 7, 2022
Enerplus Corporation has entered into a definitive agreement to sell substantially all of its remaining Canadian assets located in Alberta and Saskatchewan to Surge Energy Inc. for total consideration of CDN$245 million (US$180 million), prior to closing adjustments. The consideration
Enbridge Appoints Pamela Carter as Chair of the Board, Greg Ebel as President and CEO
December 7, 2022
Enbridge has appointed Pamela L. Carter as chair of the board effective January 1, 2023, coincident with the appointment of current board chair, Greg Ebel, as president and CEO on the same date. Ebel succeeds retiring president and CEO, Al
Bison Water Midstream Acquires Lagoon’s Oklahoma Assets, Overflow Energy’s Water Infrastructure
December 6, 2022
Bison Water Midstream has acquired all of the Oklahoma assets owned by Lagoon Water Midstream as well as the water infrastructure owned by Overflow Energy in the STACK. Following these acquisitions, Bison is the only remaining large-scale commercial water infrastructure
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