Savage will commission a pipe transloading facility that will provide OCTG storage, transloading, trucking, threading and clean and drift services in the Williston basin.

Summit Holdings said it will use the net proceeds from this offering to repay a portion of outstanding borrowings under its revolving credit facility.

The new notes will have the same terms as the old notes, except that the new notes will be registered under the Securities Act of 1933 and will not have any of the transfer restrictions, registration rights or provisions for additional interest relating to the old notes.

The partnership intends to use the net proceeds from this offering, including any net proceeds from the underwriters’ exercise of their option, for capital expenditures for currently identified projects.

Two downstream industry observers speaking in a spotlight segment at Hart Energy’s DUG Bakken and Niobrara conference in Denver agreed the biggest changes on the refinery landscape may be yet to come.

Former secretary of state is featured speaker at DUG Permian conference.

Oil and gas executives are generally optimistic about the prospect for growth in the year ahead but are somewhat anxious about the prospect for long-term profits, according to a recent survey of senior executives.

Middle-market companies explore, prove resources, and then sell.

January is usually a pretty quiet month when it comes to acquisitions, but Kinder Morgan Energy Partners started 2013 with a bang by announcing they had reached an agreement to acquire Copano Energy for approximately $5 billion.

Summit Midstream Partners LP (SMLP) announced two separate acquisitions of unrelated natural gas gathering systems totaling $460 million in the Bakken and Marcellus shale plays.

The assets included in this transaction consist of more than 40 miles of newly constructed, high-pressure gas-gathering pipelines, certain rights-of-way associated with the pipeline and two compressor stations totaling more than 21,000 horsepower of combined compression.

The dedicated acreage covers the Granite Wash, Hogshooter, Tonkawa, Marmaton and Cleveland plays in the Anadarko basin of the Texas Panhandle.

The acquired assets consist of a 200MMcf-per-day cryogenic gas processing plant and 22 miles of gas gathering pipeline in Hemphill County, Texas, and approximately 30 miles of rights-of-way associated with the future construction of a high-pressure trunk line.

The consolidation of the properties of Pioneer and Pioneer Southwest in the Midland basin in West Texas through this proposed transaction would facilitate Pioneer’s plans to fully and optimally develop the area and would provide organizational, operational and administrative efficiencies, according to the company’s statement.

Dominion Resources Inc. priced its offerings of 10 million 2013 Series A equity units and 10 million 2013 Series B equity units.

Dominion Resources Inc. announced its intention to sell 20 million equity units in two series consisting of 10 million equity units each.

The fully subscribed natural gas pipeline project will transport natural gas from the Marcellus shale in northern Pennsylvania to major northeastern markets.

MasTec Inc. announced it has acquired Big Country Energy Services Inc. and its affiliated operating companies for about $103 million in cash, the assumption of about $24 million in debt and a five-year contingent earn-out.

In connection with this offering, the partnership will receive net proceeds after offering expenses of approximately $327.4 million, including the general partner's proportionate capital contribution of $6.8 million to maintain its 2% general partner interest.