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Wolf Midstream Launches Binding Open Season for New Midland Basin Crude Oil Pipeline, Texas
November 28, 2018
Wolf Midstream Partners has launched a binding open season to solicit long-term, firm shipper commitments for the proposed Red Wolf Crude Connector, a new crude oil pipeline to serve the Midland Basin. Through the open season, Wolf proposes to construct
Williams and Brazos Midstream Form New Strategic Joint Venture in Permian Basin
November 28, 2018
Williams and Brazos Midstream have agreed to enter into a joint venture in the Delaware Basin. Under terms of the agreement, Williams will contribute its existing Delaware Basin assets to the partnership, in exchange for a 15 percent minority position
ProPetro to Aquire Pioneer Natural Resources’ Pumping Services Assets for $400 Million
November 28, 2018
ProPetro Holding Corp. has entered into an agreement with affiliates of Pioneer Natural Resources Company, where ProPetro will become a strategic long-term service provider to Pioneer providing pressure pumping and related services for a term of up to 10 years.
Oil and Gas Spearheaded $400 Million Public Land Revenue Increase in 2017
November 28, 2018
U.S. Secretary of the Interior Ryan Zinke said the Department’s Economic Report for Fiscal Year 2017 shows for the first time in several years, economic growth and jobs supported by federal lands both increased. According to the report, under President
Chevron Begins Production from Big Foot Project in Louisiana, Gulf of Mexico
November 27, 2018
Chevron has commenced crude oil and natural gas production from the Big Foot project, a deepwater project developed with an investment of around $4bn in the US Gulf of Mexico. Contained in the Walker Ridge Block 29, the Big Foot
Army Corps Suspends Key Construction Permits of Atlantic Coast Pipeline
November 27, 2018
The $5bn Atlantic Coast Pipeline (ACP) project has hit a roadblock with the US Army Corps of Engineers suspending key permits pertaining to its construction. The suspension order of the earlier issued Nationwide Permit 12 (NWP 12) from the federal
Trump Administration Sides with Tribes in Drilling Dispute in Montana and Canada
November 26, 2018
The Trump administration plans to appeal a federal court ruling that would allow oil and gas drilling on land considered sacred to Native American tribes in Montana and Canada, U.S. Interior Secretary Ryan Zinke said Tuesday. Zinke said it would
Louisiana to Receive $91 Million in Fiscal Year 2018 in Federal Oil and Gas Revenue
November 26, 2018
Oil and gas produced from federal waters in the Gulf of Mexico and on federal land in Louisiana in fiscal year 2018 will add $91 million to the budgets of the state and coastal parishes, the Interior Department announced recently,
North Dakota Oil and Gas Production Hits New Highs
November 26, 2018
North Dakota oil production surged in September to a record 1.36 million barrels per day, state regulators said Friday. But winter weather, workforce shortages and inadequate infrastructure to capture natural gas are projected to slow that growth in the coming
Corpus Christi Liquefaction Project Begins LNG Production, Texas
November 26, 2018
Bechtel and its customer Cheniere Energy have announced start of production of the first liquefied natural gas (LNG) of the Corpus Christi Liquefaction project in Texas. This production train at the Corpus Christi project is the latest of six trains
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