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Northern Oil and Gas to Acquire Permian Basin Assets for $102.2 Million
August 6, 2021
Northern Oil and Gas has entered into three definitive agreements to acquire non-operated interests across approximately 2,900 net acres located in the heart of Reeves County, Texas and Lea and Eddy Counties, New Mexico for a combined purchase price of
Equitrans Delays Building Mountain Valley Natural Gas Pipeline to 2022
August 6, 2021
U.S. pipeline company Equitrans Midstream said on Tuesday the venture building the Mountain Valley natural gas pipeline from West Virginia to Virginia delayed its startup to the summer of 2022 and boosted its estimated cost to $6.2 billion. Earlier, the
Beyond Oil Launches Blockchain Platform Driving Eco-Friendly Oil Production
August 6, 2021
Beyond Oil has officially launched the Solar Oil Project — the blockchain powered platform that recycles abandoned wells to produce oil while eliminating a trillion dollar ecological nightmare. The project partners with local oil operators and green equipment manufacturers to
Southern Company Gas Assumes Control of Meadow Branch Renewable Natural Gas Facility
August 6, 2021
Southern Company Gas has taken ownership of the Meadow Branch Landfill Methane Recovery Facility, the renewable natural gas facility located at the Meadow Branch Landfill in Athens, Tennessee, from sister company PowerSecure. The facility is now operated by Southern Company
GPA Midstream Honors Three with Environmental Excellence Awards
August 6, 2021
GPA Midstream Association said members DCP Midstream (Denver) and Saudi Aramco (Dhahran, Saudi Arabia) are recipients of its 2021 Environmental Excellence Award, while Energy Transfer’s Dual Drive Technologies (Dallas) receives the award among affiliated GPSA Midstream Suppliers (GPSA) membership. GPA
Callon Petroleum to Acquire Delaware Basin Operator Primexx for $788 Million
August 5, 2021
US-based oil and gas firm Callon Petroleum has agreed to acquire Primexx Energy Partners and its affiliates in a cash-cum-stock deal worth around $788 million. The consideration is made up of $440 million in cash and 9.19 million shares of
NexTier Enters Agreement to Acquire Alamo Pressure Pumping for $268 Million
August 5, 2021
NexTier Oilfield Solutions has reached an agreement to acquire 100 percent of the ownership interests of Alamo Pressure Pumping for a transaction valuation of approximately $268 million, as further described below. The transaction is expected to be completed by August
Empire Petroleum Acquires ExxonMobil’s Producing New Mexico Oil and Gas Assets
August 4, 2021
Empire Petroleum Corporation has acquired producing oil and gas assets and related gathering assets located in Lea County, New Mexico through its wholly owned subsidiary, Empire New Mexico. The assets were acquired from ExxonMobil Corporation’s XTO Holdings. The acquired operated
Empire Midstream Acquires Shell’s Auger 12” Pipeline, Gulf of Mexico
August 4, 2021
Empire Midstream’s affiliate Empire Auger 12 has acquired the Auger 12” pipeline from Pecten Midstream, a subsidiary of Shell Midstream Partners. Specific terms of the transaction not disclosed. The pipeline is a 12-inch line which runs approximately 33 miles from
Hyliion Partners with Texas-Based Oil & Gas Industry Leader for Fleet Electrification
August 4, 2021
Hyliion Holdings has partnered with leading frac sand solutions provider Detmar Logistics. Their first collaboration with a company serving the oil and gas industry, Hyliion will work closely with Detmar as they initiate the electrification of their fleet over the
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