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Great Salt Plains Midstream Acquires Thunderbird Midstream Assets in Oklahoma STACK Play
June 13, 2018
Great Salt Plains Midstream Holdings, LLC (GSPM) recently closed on its acquisition of Thunderbird Midstream LLC. Both firms have headquarters in Oklahoma City. The acquired assets include the Thunderbird Midstream cryogenic natural gas plant with 20 million cubic feet of
EVX Midstream Commissions Hacksaw Crude System n McMullen County, Texas
June 12, 2018
EVX Midstream Partners has commissioned its newly constructed Hacksaw crude gathering system in McMullen County in Texas. The Hacksaw system will provide its customers with wellhead gathering, treating and storage, as well as access to markets in the Houston Ship
ConocoPhillips Completes Acquisition of Anadarko’s Lease Interests in Alaska
June 12, 2018
ConocoPhillips has completed a previously announced acquisition of Anadarko Petroleum’ 22 percent lease interests in the Western North Slope of Alaska following receipt of approvals. ConocoPhillips now has 100 percent interest in approximately 1.2 million acres of exploration and development
Petroteq Acquires Additional Acreage in Uintah Basin, Utah
June 11, 2018
Petroteq Energy announced that it has acquired additional acreage in the resource rich Uintah basin. The company has finalized the acquisition at auction of a 100 percent interest in two leases for 1,312 acres of land within the Asphalt Ridge,
Canada-based AKITA to Acquire Onshore Drilling Contractor Xtreme Drilling
June 11, 2018
Canada-based AKITA Drilling has agreed to acquire its rival Xtreme Drilling in a stock-cum-cash deal worth about C$209m ($161.38m) in a move to create a major onshore drilling contractor in North America. The merged companies, which will operate under the
Primoris Services Acquires Specialty Energy Infrastructure Contractor Willbros Group
June 7, 2018
Publicly traded specialty construction and infrastructure company Primoris Services has acquired Willbros Group, a specialty energy infrastructure contractor. The Willbros Utility Transmission & Distribution (T&D) segment is now a new segment for Primoris, while the Willbros Canada segment is part
Magellan Midstream Launches New Open Season for Texas Refined Petroleum Products Pipeline
June 7, 2018
Magellan Midstream Partners has launched a new open season to facilitate additional commitments from shippers to potentially expand the western leg of its refined petroleum products pipeline system in Texas. Binding commitments are due from interested customers by 5:00 p.m.
Double Eagle Energy and FourPoint Energy Create New Permian Basin Company
June 7, 2018
Double Eagle Energy Holdings III and FourPoint Energy have created DoublePoint Energy, a new pure-play Midland Basin company with more than 70,000 acres in the Permian Basin in Texas. The assets of the new company are a combination of Double
Bayport Polymers Begins Construction on $1.7 Billion Ethane Cracker, Texas
June 7, 2018
Bayport Polymers (Bay-Pol), a joint venture of French oil giant Total and Novealis, has commenced construction on a new $1.7bn ethane cracker at the Total Port Arthur Refinery in Texas, US. Scheduled to be commissioned in 2020, the 1 Mt/y
Mayan Energy Releases Plans to Develop Gas Discovery at Stockdale Field, Texas
June 7, 2018
Mayan Energy has revealed its plans for developing the gas discovery at the Morris #1 well at Stockdale Field, Wilson County, Texas. The Company has a 60.0 percent working interest (WI) and 45.0 percent net revenue interest (NRI) in the
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