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Philadelphia Gas Works Seeks Approval for P3 Project to Unlock LNG Revenue Stream
September 21, 2018
Philadelphia Gas Works (PGW) submitted details of its proposed Public Private Partnership (P3) project with Passyunk Energy Center, LLC (PEC) to the Philadelphia Gas Commission (PGC) for review. The project, if approved, will facilitate the marketing and sale of Liquefied
WildHorse Acquires Acreage in Eagle Ford and Austin Chalk Locations, Texas
September 21, 2018
WildHorse Resource Development Corporation (WRD) has executed and closed two separate definitive purchase and sale agreements to acquire a combined 20,305 net acres in the Eagle Ford, Austin Chalk, and other intervals with approximately 39 Boe/d of net production across
Genesis Energy Enters Into Agreement to Sell Powder River Basin Midstream Assets for $300 Million
September 21, 2018
Genesis Energy, L.P. said that an affiliate of Silver Creek Midstream, LLC has exercised its option to acquire and Genesis has signed a definitive agreement to sell its Powder River Basin Midstream Assets for approximately $300 million in net cash
Flywheel Energy to Acquire Southwestern Energy Company’s Fayetteville Shale Business for $2 Billion
September 21, 2018
Flywheel Energy has closed on an equity commitment of $700 million by the Kayne Private Energy Income Funds platform and members of Flywheel management. The commitment represents the platform’s second partnership with the Flywheel management team, following its original investment
EagleClaw Midstream to Acquire Caprock Midstream for $950 Million
September 21, 2018
EagleClaw Midstream, a portfolio company of Blackstone Energy Partners, has entered into binding agreements to acquire Caprock Midstream Holdings from Energy Spectrum Capital and Caprock Midstream Management for $950 million plus pre-closing adjustments. The all-cash transaction is expected to close
Appalachia Development Group Names EPC Partner for Appalachia Storage and Trading Hub
September 21, 2018
Appalachia Development Group has selected Parsons Corporation as its engineering, procurement, and construction (EPC) partner for the safe, effective and efficient buildout of the Appalachia Storage and Trading Hub (ASTH). Parsons will initially focus on the Pre-FEED and FEED (front
Tellurian Receives FERC’s Draft EIS for Driftwood LNG Project, Louisiana
September 20, 2018
Tellurian said that it has received a draft environmental impact statement (EIS) from the US Federal Energy Regulatory Commission (FERC) for its Driftwood LNG terminal facility and the associated Driftwood pipeline in Louisiana. The draft EIS has been prepared in
TransCanada’s Coastal GasLink Pipeline Project Secures Backing of First Nations
September 20, 2018
TransCanada’s Coastal Gaslink Pipeline Project has signed community and project pacts with all of the elected Indigenous bands along its pipeline route in British Columbia, Canada. These agreements, totaling 20 across the province, exemplify the strong Indigenous support received for
Texas-based Tall City Secures $500 Million Financing to Advance Projects
September 20, 2018
Tall City Exploration III announced that it has received a line of equity financing of up to $500 million from funds affiliated with Warburg Pincus. Headquartered in Midland, Texas, with additional offices in Houston, Texas, Tall City intends to pursue
Superior Drilling Products Expands Operations to Abilene, Texas
September 19, 2018
Superior Drilling Products, Inc., a designer and manufacturer of drilling tool technologies, has entered into a commercial lease related to property in Abilene, Texas to support the manufacture and repair the company’s product lines and enhance its ability to efficiently
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