Project includes gas treatment plant, pipeline and LNG export facility.
Within one week, $3.5 billion in midstream A&D activity has lit up the Midland and Delaware basins.
The San Antonio-based company agreed to acquire the Lovington Gas Gathering System, which serves producers in Lea and Chaves counties, N.M., from Lucid Energy Group for an undisclosed amount.
Plans include crude gathering infrastructure and SWD facilities.
Norway's oil and energy ministry must approve the new ownership structure and set gas transportation tariffs that will ultimately impact the profitability of the pipelines and processing system, Reuters reported.
Enterprise Products Partners will acquire natural gas gathering pipelines serving the Haynesville, Bossier, Cotton Valley and Travis Peak formations for $189 million as part of a bankruptcy auction.
A $450 million, 50,000 barrel per day refinery near Sulfur Junction, Texas, aims to create a more seemless path for oil delivery across West Texas.
Tucked into the EPA’s Greenhouse Gas Reporting Rule, Subpart W requires careful attention from upstream and midstream operators.
Plant is expected to be completed in 1Q 2018.
Carlin Conner is president and CEO of SemGroup Corp.
Ultra said in a statement that it expects the new agreements to provide financial benefits related to its operations at the Pinedale Field asset in Wyoming
Matador’s JV with a private company far exceeds analyst estimates, who considered the midstream infrastructure worth $250 million or so.