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Sentinel Midstream to Develop Texas GulfLink Crude Oil Export Terminal
February 14, 2019
Sentinel Midstream, a portfolio company of Cresta Energy Capital, has unveiled its plans to develop a deepwater crude oil export terminal in Texas, dubbed as Texas GulfLink. To be built near Freeport, Texas GulfLink, upon its completion, will be able
Longhorn Midstream, Old Ironsides Energy Partner to Pursue Midstream Oil and Gas Opportunities
February 14, 2019
Longhorn Midstream Holdings, LLC (“Longhorn”), a newly-formed midstream oil and gas company, announced today that it has partnered with Old Ironsides Energy, LLC (“Old Ironsides”), a private oil and gas investment firm. Based in Dallas, Texas, Longhorn will pursue midstream
EQT Acquires Houston-based Kodiak Gas Services
February 14, 2019
The EQT Infrastructure III fund announced that it has acquired Kodiak Gas Services from The Stephens Group, a private investment firm representing the interests of Witt Stephens, Jr. and Elizabeth Campbell. Kodiak will maintain its corporate headquarters in Houston, Texas,
Dominion Launches Initiative to Reduce Methane Emissions from Natural Gas Infrastructure
February 14, 2019
Dominion Energy announced today an historic, industry-leading initiative to reduce methane emissions from its natural gas infrastructure by 50 percent over the next decade, based on 2010 levels. The initiative will prevent more than 430,000 metric tons of methane from
Phillips 66 Partners and Kinder Morgan Launch Open Season for Joint Transportation Service, Texas
February 13, 2019
Phillips 66 Partners and Kinder Morgan launched a joint open season by Gray Oak Pipeline and Kinder Morgan Crude & Condensate (KMCC) to provide shippers with long-term crude oil transportation from Gray Oak Pipeline origin points in the Permian Basin
Solaris Water Midstream Begins Recycling Operations Pecos Star System, Texas
February 13, 2019
Solaris Water Midstream, a leading provider of water-related infrastructure to the oil and gas industry, said its flagship Pecos Star System has begun recycling operations and has added new acreage and volume commitments that support a major expansion of the
EQT and West Virginia Royalty Owners Reach Tentative Agreement to Settle Class Action Royalty Claims
February 13, 2019
EQT Corporation has reached a tentative settlement agreement with West Virginia landowners who are part of a statewide class action lawsuit. EQT believes that the proposed settlement agreement, which will resolve lease royalty claims in a case that has been
February 21: IABC Houston Hosting Social Permitting Luncheon
February 13, 2019
Public opposition to infrastructure projects is increasingly becoming the norm, costing companies millions of dollars in delays and associated costs. Pipelines and other energy infrastructure projects are the most tangible examples, but other industries are being affected as well (think
Ridgemont and Hatch Partner to Invest in Oil and Gas Assets in Permian Basin
February 12, 2019
Hatch Resources and Ridgemont Equity Partners, a middle market buyout and growth equity firm, have announced a partnership to pursue the acquisition of oil and gas assets in the Permian Basin. Hatch was formed by a senior team with extensive
U.S. Oil and Gas Employment Up 5.4% in 2018
February 12, 2019
The U.S. oil and gas industry employed 880,681 professionals in 2018, up 5.4 percent from the previous year, according to a report issued Monday by the Texas Independent Producers & Royalty Owners Association (TIPRO). In 2018, the U.S. oil and
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