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Taproot Forms New Company to Develop Midstream Infrastructure in DJ Basin, Colorado
August 7, 2018
Taproot Energy Partners said that its newly formed affiliate, Taproot Rockies Midstream (Taproot), has started the construction and operation of a multi-product midstream system in the DJ Basin made up of natural gas, crude oil and produced water gathering, natural
Lime Rock to Acquire ConocoPhillips’ Barnett Assets for $230 Million, Texas
August 7, 2018
Lime Rock Resources has agreed to acquire ConocoPhillips’ Barnett shale play assets comprising oil and natural gas properties located mainly in Montague, Wise, Denton, and Cooke Counties, Texas for nearly $230m, subject to customary purchase price adjustments. The transaction represents
NextEra Energy Acquires Florida City Gas from Southern Company
August 7, 2018
NextEra Energy has wrapped up its previously announced acquisition of natural gas utility Florida City Gas from Southern Company. NextEra Energy Chairman and CEO Jim Robo said: “We are pleased to complete this transaction and welcome the Florida City Gas
Wison Offshore Secures FEED Contract for Western’s FLNG Project, Canada
August 6, 2018
Wison Offshore & Marine has won a front-end engineering design (FEED) contract from Texas-based Western LNG for its new floating liquefied natural gas (FLNG) project in the Canadian province of British Columbia. Under a technical service agreement (TSA) signed by
Magellan to Expand Refined Petroleum Products Pipeline, Texas
August 6, 2018
Publicly traded partnership Magellan Midstream Partners has announced plans to further expand the western leg of its refined petroleum products pipeline system in Texas, US. The firm earlier said it will expand the capacity of the line segment to roughly
Northern Oil and Gas Signs Deal to Acquire W Energy Partners
August 6, 2018
Northern Oil and Gas (NOG) has signed a definitive agreement to acquire oil-producing assets from W Energy Partners. At closing, the acquisition will represent approximately 6,750 barrels of oil equivalent (Boe) per day of production and 10,600 net acres in
Macquarie Enters into Agreement to Sell Bayonne Energy Center for $900 Million, New Jersey
August 3, 2018
MIC (Macquarie Infrastructure Corporation) has entered into an agreement to sell 100 percent of the Bayonne Energy Center (BEC) power generation facility in Bayonne, New Jersey for approximately $900 million in cash and assumed debt. The transaction is expected to
Holly Energy Partners Engages AECOM for Feasibility Study for Refined Product Pipeline, Texas
August 3, 2018
Holly Energy Partners, L.P. (HEP) has engaged AECOM, a third party engineering firm, to perform a feasibility study on a potential refined product pipeline from Orla, Texas to Midland, Texas. This potential pipeline is part of HEP’s continuous efforts to
Oneok Acquires Remaining Stake in West Texas LPG Pipeline for $195 Million
August 2, 2018
Oneok is all set to take full ownership in the West Texas LPG Pipeline by buying out Martin Midstream Partners’ stake of 20 percent for a sum of $195m. The West Texas LPG Pipeline is a 4184km long inter-state natural
Mosman Oil and Gas Drills First Well at Stanley Development Drilling Project, Texas
August 2, 2018
Mosman Oil and Gas has completed drilling operations at the first well of the Stanley Development Drilling Project, located onshore Texas, US. SUMMARY Drilling operations on the Stanley #1 well, onshore Texas, have now been completed. Preliminary analysis of the
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