Oil, Gas and Shale
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NEWS Click on text to read news by category: General | Product | People | Worldwide

FirstEnergy Named Top Utility for Economic Development by Site Selection Magazine

September 6, 2019

FirstEnergy Corp. has been named by Site Selection magazine as one of the nation’s leading utilities in promoting economic development, helping to attract nearly 11,000 new jobs and $3.9 billion in third-party capital investment in its six-state service area in

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FERC Accepts Permit Application for Commonwealth LNG Project, Louisiana

September 5, 2019

Commonwealth Projects said that the US Federal Energy Regulatory Commission (FERC) has formally accepted the filing application of its proposed Commonwealth LNG project in Louisiana. The liquefied natural gas (LNG) export terminal project is proposed to be built on the

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Spur Energy to Acquire Concho Resources’ New Mexico Shelf Assets for $925 Million

September 5, 2019

Texas-based oil and gas firm Concho Resources has agreed to offload its assets in the New Mexico Shelf to an affiliate of Spur Energy Partners for $925 million. The sale includes acreage of nearly 100,000 gross acres which are currently

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Crescent to Sell Uinta Basin Asset and Certain Saskatchewan Assets for C$912 Million

September 5, 2019

Crescent Point Energy has agreed to offload its Uinta Basin asset in the US and certain southeast Saskatchewan conventional assets in Canada for a total sum of around C$912 million in separate deals with undisclosed parties. In the first quarter

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Flowtex Energy Acquires Minerva-Rockdale Field, Texas

September 5, 2019

Flowtex Energy has made its biggest acquisition so far. Acquiring the Minerva-Rockdale Field in Milam County, Texas, has risen Flowtex’s total controlled acreage above the 3000 acre mark and increased its producing well count to 26. This acquisition adds 545,010

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RH Energytrans’ $86 Million Erie-Ohio Risberg Pipeline Project Nears Completion

September 4, 2019

Forty-foot sections of 12-inch steel pipe — a pipe so large you could roll a basketball down the inside — lay in sections along Route 20 last week. These pipes, which will be buried over the next few weeks, represent

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IEnova Resolves Pipeline Contracts Dispute with Mexican Regulator

September 4, 2019

Infraestructura Energética Nova (IEnova) has reached an agreement with the Mexican government to settle a dispute pertaining to the transportation service contracts of the Guaymas - El Oro pipeline and the underwater Sur de Texas - Tuxpan pipeline. The agreements

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IPAA Endorses Trump Administration Natural Gas and Oil Production Regulatory Revision

September 3, 2019

In response to the EPA’s announcement today of changes from the Obama-era methane regulations (the 2016 New Source Performance Standards [NSPS], Subpart OOOOa), including the change of the regulated emission from methane to volatile organic compounds (VOC), Independent Petroleum Association

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Downhole Technology, Resource Well Technologies Merge, Create The WellBoss Company

September 3, 2019

Downhole Technology, LLC and Resource Well Completion Technologies Inc. are pleased to announce that the two companies will be combining on October 1, 2019. These combined businesses, wholly owned by Schoeller-Bleckmann Oilfield Equipment AG, will operate under newly-formed, The WellBoss

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W. Va. Governor Justice Creates Task Force to Secure Shale Jobs

September 3, 2019

Gov. Jim Justice will make promoting and protecting the state’s oil and gas industry his top priority during the reminder of his time in office, according to two members of his administration. Speaking before a crowded room of business leaders

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