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Targa and MPLX to Build Gas Processing Plant in Oklahoma
February 5, 2018
Targa Resources has entered into an agreement to expand its natural gas processing joint venture with MPLX in Oklahoma. Through its existing 60/40 joint venture, Centrahoma Processing, LLC (“Centrahoma”), Targa and MPLX will construct a new 150 million cubic feet
Quantum Energy Acquires Premium Oilfield Technologies
February 5, 2018
Quantum Energy Partners has acquired Texas-based Premium Oilfield Technologies, a manufacturer of technologically differentiated consumable products used in oil and gas well drilling and completion activities. These products include extreme service pistons, liners, valves, and seats for high pressure mud
Chevron Makes Major Oil Discovery at Ballymore Prospect, Gulf of Mexico
February 5, 2018
Chevron and its partner Total have made a significant oil discovery in the deepwater US Gulf of Mexico following drilling at the Ballymore prospect. The Ballymore prospect is contained in water depth of 6,536ft in Mississippi Canyon. According to Chevron,
Hess to Invest $2.1 Billion in Oil Exploration and Production
February 5, 2018
Hess has announced its plan to invest $2.1bn in exploration activities this year, with a major focus on Bakken and Guyana. The firm intends to allocate increased budget to continue exploration and development activities offshore Guyana and for the Bakken
Four EPC Contractors Shortlisted for FEED Work on Kwispaa LNG Project, Canada
February 5, 2018
Steelhead LNG and Huu-ay-aht First Nations have shortlisted four engineering, procurement and construction (EPC) contractors to complete front-end engineering and design (FEED) work on the proposed Kwispaa LNG project in Canada. Located on the west coast of Vancouver Island, British
Trump’s Monuments Rollback Takes Effect, Allows New Mining and Drilling Claims, Utah
February 5, 2018
President Trump’s rollback of the Bears Ears and Grand Staircase-Escalante national monuments in Utah become official Friday, allowing private citizens and companies to make new oil, natural gas, and drilling claims. Trump on Dec. 4 signed a proclamation cutting Bears
U.S. Oil Production Hits Historic Milestone
February 1, 2018
U.S. oil production hit a historic milestone, pulling more than 10 million barrels per day out of the ground last November, according to the latest federal data. The U.S. Energy Information Administration reported Wednesday that crude production hit 10.038 million
Enterprise and Navigator to Build Ethylene Export Facility on U.S. Gulf Coast
February 1, 2018
Enterprise Products Partners, a US-based midstream company and UK shipping company Navigator Gas have formed a 50/50 joint venture to build a new ethylene export facility along the US Gulf Coast. The export facility will have the capacity to export
Dominion Begins Production at $4 Billion Natural Gas Liquefaction Facility, Maryland
February 1, 2018
Dominion Energy Cove Point (DECP), a unit of Dominion Energy said that its $4bn natural gas liquefaction facility in Maryland, US has started producing liquefied natural gas (LNG). In December 2017, DECP had introduced feed gas into the natural gas
Large Oil and Gas Project Edges Forward in Converse County, Wyoming
January 30, 2018
The Bureau of Land Management released an environmental study on Friday for a 5,000-well oil and gas project in Converse County. Five major players in Wyoming industry proposed the joint project, which would cover 1.5 million acres, just north of
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