EPA Revokes Permit for Phillips-Trafigura Bluewater Texas Terminal
The terminal, located on the Gulf Coast near Corpus Christi and jointly developed by refiner Phillips 66 and commodities trader Trafigura, had applied for a Clean Air Act permit in 2019 and received an EPA pollution control license in November 2020.
White River Successfully Completes Workover Project in Austin Chalk Formation
White River Operating was able to complete its workover project by flushing out blockage from the well's vertical casing and installing artificial lift features.
Energy A&D Transactions from the Week of Aug. 31, 2022
Here’s a snapshot of recent energy deals including a $700 million JV between Schlumberger, Aker Solutions and Subsea 7 plus Helix Energy Solutions acquires Gulf of Mexico leases from Murphy Oil.
On the Market Oil and Gas Quicklist (Week of Aug. 31, 2022)
Here’s a quicklist of oil and gas assets on the market including an Endeavor Energy Resources Permian Basin operated well package plus Blackbeard Delaware Basin nonop working interest properties.
Gulf Coast Sand Acquires Shale Support Assets
The acquisition of Shale Support’s assets establishes Gulf Coast Sand as the largest independent, privately-owned aggregate company along the Gulf Coast, the company said.
Riverbend Energy Group Wraps Up $1.8 Billion Sale of Nonop Shale Assets
The transaction, previously announced in June, included Houston-based Riverbend Energy Group’s equity interests in properties producing approximately 47,000 boe/d from over 11,000 wells.
Devon Energy’s Gaspar on Consolidation: Everyone is Expendable, Including Him
With $2.6 billion in acquisitions this year, Devon Energy has made its first expansions since Devon and WPX merged in January 2021. Still, COO Clay Gaspar said the industry remains “fractured.”
Shell Signs LNG Supply Deal for Lake Charles Project in Louisiana
Energy Transfer agreed to a 20-year LNG supply deal with Shell for its Lake Charles LNG project on Aug. 24, which marked Shell’s return to the proposed Louisiana facility after the British oil major exited the project in 2020.
Energy A&D Transactions from the Week of Aug. 24, 2022
Here’s a snapshot of recent energy deals including Phillips 66 offer to buy DCP Midstream in $3.1 billion cash deal plus Brigham Minerals’ largest acquisition to date.
On the Market Oil and Gas Quicklist (Week of Aug. 24, 2022)
Here’s a quicklist of oil and gas assets on the market including an Earthstone Energy operated eastern Midland Basin opportunity plus Coterra Energy Permian Basin nonop working interest.