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CAODC: Canada Rig Count Forecast to Fall Sharply Next Year
November 19, 2019
CAODC announces the release of its 2020 Drilling Forecast • Projected 2020 wells drilled: 4,905 — an increase of 9 from 2019 (4,896*) • Projected 2020 operating days: 46,599 — an increase of 88 from 2019 (46,511*) • Rig fleet
Future of Alaska Oil and Gas Production Looks Solid
November 19, 2019
Oil prices are acceptable, Alaska has a governor who understands the importance of the oil industry to the state’s economy and a Department of Natural Resources commissioner who is working to attract investment and get discoveries online more quickly. Plus,
Wyoming BLM to Offer 105 Parcels in Oil and Gas Lease Sale
November 18, 2019
The Bureau of Land Management Wyoming plans to offer 105 oil and gas lease parcels totaling about 118,219 acres at its March quarterly lease sale. In coordination with the state of Wyoming, the BLM is deferring four whole parcels and
Bureau of Land Management Temporarily Pulls Plug on 130 Oil and Gas Leases, Utah
November 18, 2019
The Trump administration has suspended the production of oil and gas on 130 plots in Utah following a legal challenge by environmentalists. The Bureau of Land Management (BLM) on Sept. 27 quietly issued suspensions of operation and production on 117
Osage Tribe Campaigns to Get Gov’t to Open County to New Drilling, Oklahoma
November 18, 2019
With a shutdown of oil and gas drilling in Oklahoma’s Osage County, it means less revenue for the county. And it continues to disturb leaders of the Osage tribe who control the minerals in the northeast county. This week in
Expedition Secures $100M to Support Ongoing Rockies-Focused Water Midstream Development
November 15, 2019
Expedition Water Solutions has expanded its revolving credit facility to $100 million. The increased facility will fund Expedition’s continued pipeline and facilities growth initiatives to service long-term, contracted customers in the Denver-Julesburg, Green River, and Powder River Basins. The syndicated
Noble Midstream Acuires Noble Energy’s Midstream Interests for $1.6 Billion
November 15, 2019
Noble Midstream Partners has entered into a definitive agreement to acquire the partnership’s incentive distribution rights (IDRs) and substantially all of Noble Energy’s remaining midstream interests for $1.6 billion. The total consideration will consist of both cash and common units
Quality Power Solutions Expands Operations with the Acquisition of St. Paul-Based Company
November 15, 2019
Quality Power Solutions, experts in UPS and critical power infrastructure, announced today their agreement to acquire St. Paul-based Access Power Inc. With the acquisition, Quality Power Solutions will maintain and continue the relationship with all of Access Power Inc’s client
Haynesville Shale to Play Key Role in Satisfying New Demand for Natural Gas
November 14, 2019
Haynesville Shale is expected to become the main resource contributor to liquid natural gas (LNG) operations along the US Gulf Coast as demand for exports grows, according to analysts. A recent resurgence of drilling activity in the Haynesville formation —
Starwood Energy to Acquire Third Coast Midstream’s Lavaca Gas Gathering System
November 14, 2019
US-based Starwood Energy Group Global has agreed to acquire gas gathering system from Third Coast Midstream for an undisclosed price. Based in and around Lavaca County, Texas, the gathering business assets consist of more than 418km of natural gas gathering
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