Sandy
Segrist
Hart Energy
LM Energy to Expand Gas Gathering System in the Delaware
LM Energy is building new compressor stations and adding 70 miles of pipeline in the Delaware Basin.
ONEOK to Expand NGL Network Around Houston Through $280MM Acquisition
Easton Energy is agreeing to sell 450 miles of lines along Southeast Texas coast to ONEOK.
Dividends Declared in the Week of May 6
Here is a selection of upstream, midstream and service and supply companies’ dividends declared in the past week.
GeoPark, Vitol Sign Offtake Deal for Llanos 34 Block
Under the agreement, GeoPark will sell and deliver to Vitol a minimum of 20,000 bbl/d of oil from the Llanos 34 Block in Colombia, which GeoPark holds 45% working interest.
Enbridge Plans to Increase Permian Oil Pipeline’s Capacity
Midstream company Enbridge announced an open season on the Gray Oak Pipeline for a proposed 120,000 bbl/d expansion and updated its M&A efforts.
Energy Transfer Remains Hungry for M&A, Sees 1Q Oil Volumes Surge
Energy Transfer reported record first-quarter crude volumes and expects demand for petrochemicals to continue rising.
Kinetik Launches Delaware Basin M&A Valued at $1.3B
Kinetik Holdings will buy Durango Permian infrastructure for $765 million, excluding contingency payments, and sell its interests in the Gulf Coast Express pipeline to AcrLight Capital Partners for $540 million.
Energy Transfer Eyes Draft Environmental Statement for Blue Marlin Project This Quarter
Energy Transfer is among several firms vying to build deepwater ports along the Texas Gulf Coast.
‘Oversupplied’ NatGas Market Aiding Williams’ Storage Business
Midstream company Williams saw overall demand growth as heavy gas volumes passed through its network.
Dara Energy Acquires Assets in Three States from Vinland
Dara Energy closed an acquisition of low decline oil and gas assets in Kentucky, Tennesee and Texas from Vinland Energy.