Wentworth will be sold to Pentagon Energy LLC. The CNG will be exported to Latin America. Two Morgan Stanley managers involved with Wentworth will become Pentagon principals, sources told Reuters.
Exterran Holdings Inc. is providing compressor valve rebuild and replacement services through its new valve and repair center in Gaylord, Mich.
Mansfield Opens CNG Station In Georgia
EnLink Midstream LLC dropped down its equity interests in E2 Appalachian Compression LLC and E2 Energy Services LLC to EnLink Midstream Partners LP.
Regency Energy Partners LP and American Energy—Midstream LLC (AE-MidCo) entered into a joint venture (JV) agreement for construction and operation of Regency’s previously announced Utica Ohio River project.
Axip Energy Services LP agreed to sell its aftermarket services (AMS) business to Arkos Holdings LLC and certain of its affiliates.
Compressco Partners LP entered into a definitive agreement to purchase all outstanding shares of Compressor Systems Inc. (CSI) from Warren Equipment Co. for $825 million in cash, subject to working capital and other adjustments.
Exterran Partners LP entered into an agreement to acquire natural gas compression assets from Chesapeake Energy Corp.
TruStar Energy, a developer of CNG fueling infrastructure, is opening a truck-friendly public fast-fill fueling station in Houston for Freedom CNG.
DCP Midstream, LLC committed capital investments to support further infrastructure in the rapidly expanding Permian Basin.
The acquisition has been financed through the issuance of 7,425,261 USA Compression Partners LP (USAC) common units. Argonaut and the other owners of S&R Compression LLC now own a 20% limited partner interest in USAC.
The Majorsville system allows the gathering and delivery of liquid-rich Marcellus gas from Washington County, Pennsylvania, and Marshall County, West Virginia, to the MarkWest Liberty Majorsville processing plant.