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OneNexus Environmental Formed to Remedy Trillion-Dollar Aging Oil & Gas Well Infrastructure Problem
June 29, 2021
Oil & Gas industry veteran Tony Sanchez III, founder & former CEO of Sanchez Energy Corporation, has officially launch of OneNexus Environmental. The forward-thinking energy start-up is a financial technology (fintech) energy company created as a first-of-its-kind full platform for
The Supreme Court Gives Small Refinerys a Win with Renewable Fuel Standard Case
June 28, 2021
On Friday, the Supreme Court ruled on a protracted legal and political fight that has pitted two pillars of the Republican base against each other since 2018. The case, Holly Frontier Cheyenne Refining v. Renewable Fuels Association, involved a small
U.S. Infrastructure Deal Includes $6 Billion Sale from Oil Reserve
June 25, 2021
The infrastructure deal struck by a group of bipartisan senators and President Joe Biden on Thursday includes partial funding by a proposed $6 billion sale from the U.S. emergency oil reserve, according to a document circulated by Republican lawmakers. A
Breakwater Energy Partners Expands Recycling Center in Permian
June 25, 2021
Breakwater Energy Partners LLC has expanded its Big Spring Recycling System (BSRS) into Martin County and is developing two additional commercial facilities in the Midland Basin, the company said on June 21. In addition to BSRS, Breakwater operates nine separate
Earthstone Energy Acquires Working Interest Assets in Eagle Ford for $48 Million
June 25, 2021
Earthstone Energy has acquired working interests in assets it operates located in southern Gonzales County, Texas from four separate sellers. The aggregate purchase price of the Eagle Ford Acquisitions was approximately $48 million in cash. Earthstone funded the Eagle Ford
Gulfport Energy Successfully Emerges From Chapter 11
June 25, 2021
Gulfport Energy Corporation has successfully completed its restructuring process and emerged from chapter 11 protection. As contemplated by Gulfport’s plan of reorganization, Gulfport has exited bankruptcy with a new board of directors, a strengthened balance sheet, with $853 million of
Ranger Energy Services Acquires Patriot Well Soluitions
June 25, 2021
Ranger Energy Services has acquired Patriot Well Solutions in an all-stock transaction. Patriot’s market leading reputation for wireline evaluation and intervention services, combined with its strong market presence in the Permian, Bakken, DJ, and Powder River Basins, and debt free
Canada Energy Regulator Allows Resumption of Trans Mountain Oil Project
June 24, 2021
The Canada Energy Regulator (CER) has issued a notice allowing Trans Mountain Corp. to resume work on its Trans Mountain Expansion (TMX) oil pipeline project. The company was ordered in April to halt work on a section of the project
Deb Haaland: No Plan Right Now to Permanently Ban New Oil and Gas Leasing
June 24, 2021
U.S. Interior Secretary Deb Haaland on Wednesday told a congressional hearing that there is no plan to permanently ban new oil and gas drilling on federal land but her agency will soon release a report that will assess the future
Federal Court Closes Dakota Access Case, but Allows for Fresh Challenges
June 24, 2021
A U.S. district court closed a long-running case against the Dakota Access oil pipeline on Tuesday, but allowed for Native American tribes and other opponents of the line to file additional actions against it, court documents showed. The U.S. District
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