Nissa
Darbonne
Oil and Gas Investor
Big Money is Flowing into the Powder River Basin
More long money is entering the multi-million-acre Powder River Basin, proving early entrants’ potential from the stacked pay.
Enbridge Launches Bid to be NAM’s Largest Gas Utility with $14B M&A
Enbridge said it would buy multiple companies from Dominion Energy that will forge the company in North America’s largest gas utility, ultimately delivering more than 9 Bcf/d of gas to approximately 7 million customers.
Rangeland Energy Selling Canadian Pipeline System to Kingston Midstream
Rangeland Energy is selling a pipeline system in north central Alberta to a Canadian midstream player. But Rangeland plans to continue investing in Canadian midstream opportunities in the future.
Western Midstream to Expand Powder River Presence with Meritage Deal
Western Midstream said it would purchase Meritage Midstream’s Powder River Basin assets, including gas gathering and an NGL pipeline, for $885 million cash.
AltaGas to Acquire Tidewater Midstream Assets for $480MM
AltaGas said it will acquire Tidewater’s Pipestone Natural Gas Processing Plant Phase 1 and II expansion projects; an adjacent natural gas storage facility; a truck-in/truck-out terminal; and associated gathering pipeline systems.
DT Midstream’s Haynesville LEAP Expansion Completed Early
DT Midstream’s Haynesville Shale LEAP Phase 1 expansion increased the throughput capacity from 1 Bcf/d to 1.3 Bcf/d.
Tivoli Services Buys Phillips 66’s Barnett NTX Pipeline
Tivoli Services closed the acquisition of Phillips 66’s NTX pipeline system in a deal that will be supported by a long-term transportation services contract with the integrated energy company.
Equitrans Midstream Updates Rager Mountain Storage Incident
The incident, in which Rager well #2244 started leaking natural gas, was caused by water- and oxygen-induced corrosion on the outside diameter of the top joint of the well, and the infiltration of organic and/or inorganic matter, resulting in the well casing failing.
In the Pipe: Clearfork Midstream’s Haynesville System Ready for LNG’s Next Wave
From the outset Clearfork Midstream LLC’s acquisition of Azure Midstream in 2022, the goal was a rapid expansion to meet the needs of the Haynesville Shale as a source of global LNG supply.
Clearfork Midstream Expands Haynesville Shale Infrastructure to Core
Clearkfork Midstream’s upgrades and expansions have increased capacity 65% since 2022 and in July system volumes eclipses 1 Bcf/d.