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EagleClaw, Blackstone Energy, I Squared Capital Form Leading Delaware Basin Midstream Partnership
November 7, 2018
EagleClaw Midstream, funds managed by Blackstone Energy Partners, and I Squared Capital have executed and concurrently closed binding agreements pursuant to which I Squared Capital has committed over $500 million of cash and contributed its Delaware Basin midstream portfolio company,
Enterprise to Expand Mont Belvieu NGL Fractionation Capacity, Texas
November 7, 2018
Enterprise Products Partners makes plans for an incremental 150,000 barrels per day (BPD) expansion to its natural gas liquids (NGL) fractionation facilities at its Mont Belvieu complex. The expansion would increase Enterprise’s NGL fractionation capacity to 1 million BPD in
Nine Energy Service to Acquire Magnum Oil Tools for $493 Million
November 6, 2018
Nine Energy Service has entered into a definitive agreement to acquire Magnum Oil Tools International in a cash and stock deal worth $493 million. Magnum Oil Tools has been downhole technology provider serving the global oil and gas industry for
Gen6 Proppants to Develop New Frac Sand Mine, Northern Louisiana
November 6, 2018
Gen6 Proppants, a frac sand solutions provider, plans to develop a new frac sand mine to serve the Haynesville Shale region, with the acquisition of approximately 1,000 acres in Red River Parish in northern Louisiana. Permitting and procurement has begun
Enable Midstream Expands Its Crude Oil Gathering Business, Acquires Velocity for $442 Million
November 6, 2018
Enable Midstream Partners is significantly expanding its crude oil midstream business with agreements in two of the country’s most active crude plays. In the Anadarko Basin, Enable has signed a definitive agreement to acquire Velocity Holdings, an integrated crude oil
Chesapeake Energy to Acquire WildHorse Resource Development for $4 Billion
November 6, 2018
Chesapeake Energy Corporation and WildHorse Resource Development Corporation jointly said that Chesapeake has entered into a definitive agreement to acquire WildHorse, an oil and gas company with operations in the Eagle Ford Shale and Austin Chalk formations in southeast Texas,
Noble Midstream Releases Updates on Permian Basin Commercial and Business Development
November 6, 2018
Noble Midstream Partners LP has released a commercial and business development update for its operations in the Permian Basin in Texas. HIGHLIGHTS INCLUDE: • Noble Midstream has entered into a letter of intent with Salt Creek Midstream to form a
ExxonMobil to Join Oil and Gas Climate Initiative
November 6, 2018
ExxonMobil said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the world’s largest oil and gas producers working collaboratively toward solutions to mitigate the risks of climate change. The CEO-led organization focuses
Ace Ethanol and D3MAX Start Plant Construction at Stanley Wisconsin Facility
November 6, 2018
Ace Ethanol and D3MAX have started construction of the D3MAX facility at Ace Ethanol’s facility in Stanley, Wisconsin. Ace Ethanol will be the first ethanol plant to integrate the patented D3MAX technology with its existing corn dry mill. Earlier this
ExxonMobil Renews Longstanding Commitment to Women’s Economic Empowerment
November 6, 2018
In recognition of International Women’s Day, ExxonMobil said that it is providing $7 million in grants in 2018 to renew support for local and global organizations working to empower women economically. • $7 million to support research, women entrepreneurs and
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