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Wolfcamp Play is Key Driver in Permian’s Growing Oil and Gas Production
November 20, 2018
The Wolfcamp shale play has been a key driver of growing oil and gas production in West Texas’ booming Permian Basin oil field, according to the Energy Department. The increased output from the Wolfcamp has helped make the Permian the
Expanded Offshore Energy Production Would Lead to Billions in Revenue for Florida
November 20, 2018
The Florida Petroleum Council released a study towards the end of last week showing the Sunshine State’s economy would see an additional $2.5 billion in revenue over 20 years through offshore leasing in the Atlantic Outer Continental Shelf (OCS) and
Alaska Nets $28 Million from Annual Oil and Gas Lease Sale
November 20, 2018
Alaska netted $28.1 million from its oil and gas lease sales in the North Slope and Beaufort Sea. The state received bids on 133 tracts in the North Slope covering about 350 square miles (906 square kilometers), the Alaska Journal
Williams to Form Delaware Basin Joint Venture with Brazos Midstream
November 19, 2018
Williams has agreed to form a joint venture with Brazos Midstream that will comprise oil and gas pipelines, processing plants and storage assets located in the Delaware Basin. As per the agreement terms, Williams will contribute its existing assets in
Flat Creek Secures $400 Million Investment from EnCap
November 19, 2018
Flat Creek Resources, a Texas-based oil and gas exploration and production company, has secured an initial capital commitment of $400m from EnCap Investments and management. Headquartered in Fort Worth, Flat Creek is an independent energy company focused on the consolidation
TransCanada Commissions WB Xpress Pipeline Project
November 19, 2018
TransCanada has fully commissioned its $900m WB Xpress pipeline project in the US by placing the eastern build of the natural gas pipeline in to service. Last month, the company commissioned the western segment of the WB Xpress pipeline project,
Phillips 66 Partners Launches Open Season for Gray Oak Pipeline, Texas
November 15, 2018
Phillips 66 Partners said that Gray Oak Pipeline is launching a binding expansion open season to solicit shipper commitments for services from West Texas. The expansion open season will provide an opportunity for interested shippers to secure long-term crude oil
Rio Tinto Completes Sale of Wharf to LNG Canada for $576 Million
November 15, 2018
Rio Tinto has completed the lease and sale of a wharf and land in Kitimat, British Columbia, to LNG Canada for a consideration of $576m. LNG Canada, a joint venture comprising Shell, PETRONAS, PetroChina, Mitsubishi Corporation and KOGAS entered into
EQT Completes Separation of Midstream Business
November 15, 2018
EQT has completed the spin-off of Equitrans Midstream, a company formed by EQT to hold EQT’s midstream business in the context of the separation of EQT’s upstream and midstream businesses. EQT will continue to hold its upstream business, which is
Tallgrass Energy Launches Binding Open Season for Pony Express Pipeline Expansion
November 14, 2018
Tallgrass Energy, through its affiliate Tallgrass Pony Express Pipeline, has launched a binding open season soliciting shipper commitments for crude oil transportation service from the Guernsey, Wyoming, origin point to refinery delivery points along the Pony Express system and to
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