Oil, Gas and Shale
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Williams Partners and Crestwood to Expand Horse Gas Processing Plant, Wyoming

August 1, 2018

Williams Partners and Crestwood Equity Partners reported a major expansion of the Jackalope Gas Gathering System (JGGS) and associated Bucking Horse gas processing facility in the Powder River Basin (PRB) Niobrara Shale play that will increase processing capacity to 345

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Harvest Midstream Acquires Williams Partners’ Four Corners Area Assets for $1.125 Billion

August 1, 2018

Harvest Midstream Company, an affiliate of Hilcorp Energy Company, has acquired the Four Corners Area assets from Williams Partners L.P. for $1.125 billion. “This is an important investment for Harvest and part of our continued commitment to the Four Corners

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Halliburton Acquires Athlon Solutions

July 31, 2018

Halliburton has acquired Athlon Solutions, a provider of specialty water and process treatment chemicals, customized engineering solutions, and services. Athlon will become part of the Halliburton Multi-Chem business line, a provider of specialty oilfield chemicals for stimulation, midstream, and production

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Eagle LNG Opens New LNG Plant in Jacksonville, Florida

July 31, 2018

Eagle LNG Partners has officially opened the Maxville LNG plant, which has production capacity of 200,000 liquefied natural gas (LNG) gallons-per-day. The plant, which also features a one million-gallon storage tank, is located in Jacksonville, Florida. The LNG produced at

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Torchlight Begins Production at Orogrande Project, Pennsylvania

July 31, 2018

Torchlight Energy Resources reported that its Orogrande Project has commenced production of hydrocarbons from its University Founders A25 #1 well. The company has successfully drilled a 1,000-foot, proof-of-concept lateral and completed with a six-stage fracture stimulation in the Pennsylvania formation.

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Chesapeake Energy to Sell Utica Shale Oil and Gas Assets in Ohio for $2 Billion

July 30, 2018

Chesapeake Energy has agreed to divest interests in the Utica Shale oil and gas assets located in Ohio to US-based oil and gas firm Encino Acquisition Partners (EAP) for approximately $2bn. As per the deal, Chesapeake Energy will sell more

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ExxonMobil Commissions Ethane Cracker at Baytown Complex, Texas

July 30, 2018

ExxonMobil has commissioned the new ethane cracker with capacity of 1.5 million ton-per-year at the integrated Baytown chemical and refining complex in Texas, US. The project is part of ExxonMobil’s Baytown chemical expansion project and the company’s Growing the Gulf

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EPIC Crude Oil Pipeline Completes Its Open Season Adding Diamondback Energy as Strategic Partner

July 27, 2018

EPIC Midstream Holdings’, EPIC Crude Oil Pipeline, has successfully closed its first open season on July 26, 2018 and has executed definitive agreements to add Diamondback Energy as a strategic partner and signed other new primary shippers. Diamondback will have

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BHP to Sale Its Onshore U.S. Oil and Gas Assets for $10.8 Billion

July 27, 2018

BHP has entered into agreements for the sale of its entire interests in the Eagle Ford, Haynesville, Permian, and Fayetteville Onshore U.S. oil and gas assets for a combined base consideration of US$10.8 billion, payable in cash. BP American Production

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Crestwood Releases Strategic Delaware Basin Update, Texas

July 27, 2018

Crestwood Equity Partners’ Crestwood Permian Basin Holdings LLC completed construction and began processing volumes at the Orla plant, a new 200 MMcf/d cryogenic gas processing plant located in Reeves County, Texas. Concurrently, CPJV brought into service the Orla Express Pipeline,

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