United States
Energy Transfer-Sunoco JV Forms Monster Permian Network
The joint venture between midstream operators Sunoco and Energy Transfer’s crude gathering in the Permian Basin should prove to be mutually beneficial, analysts say.
Summit Midstream Commences Tender Offer on Notes Due 2026
Summit Midstream also announced July 17 a proposed offering of $500 million in aggregate principal amount of new senior secured second lien notes due 2029.
LLOG Exploration Acquires 41 Deepwater Gulf of Mexico Blocks
LLOG acquisition makes it the sole interest holder and operator in the 41 Gulf of Mexico blocks.
MTR Reaches ‘End of Road’ Test to Prove Carbon Capture Scalability
Membrane Technology and Research, working with the U.S. Department of Energy among others, is nearing the startup of a large membrane carbon capture system pilot in Wyoming to establish commercial scalability.
Beyond the Horizon: Exploring the Permian’s Longest Laterals
Horizontally drilled lateral wells are all the rage in the Permian Basin. Let’s take a look at the 10 longest wells drilled in the Basin.
US Silica Investors OK Apollo’s $1.85B Take-private Deal
U.S. Silica stockholders approved a $1.85 billion all-cash deal with Apollo Global Management, a transaction that will take publicly traded proppant services provider private.
Marketed: Seven Falls Oil and Gas Non-operated CO2 Unit in Mississippi
Seven Falls Oil and Gas LLC has retained EnergyNet for the sale of a East Eucutta CO2 unit in Wayne County, Mississippi.
West Texas Hold ’Em: Permian Plays Pipeline Poker
The consensus is that the Permian Basin needs another major gas pipeline soon. Midstream companies are trying to figure out when … and who will make the move.
US Wins $15B Arbitration Fight Over Keystone Pipeline Extension
Arbiters ruled that TC Energy had no case because NAFTA, under which the Canadian company planned the pipeline extension, was no longer in effect when the Biden administration canceled the project in 2021.
ProFrac, IWS Taking the Garbage Out of Oilfield Data Transfer
ProFrac and Intelligent Wellhead Systems’ MQTT protocol promises to speed up communications at the frac site, not only by saving costs but laying the foundation for future technological innovations and efficiencies in the field, the companies tell Hart Energy.