Velocity Midstream Partners is building a crude oil gathering and transportation system in the fairway of the prolific Scoop play, and it is signed on powerhouse operator Continental Resources Inc. as its customer. The new system will gather crude oil in Grady, Stephens, Garvin, and McClain counties, Okla., and provide transportation and interconnections to downstream pipelines with direct access to Cushing.
- Rick Wilkerson, president and CEO, Velocity Midstream Partners LLC.
2022-11-16 - The acquisition of Lario Permian follows Diamondback Energy’s agreement to acquire FireBird Energy in the Midland Basin last month.
2023-01-17 - Eni affiliate IEOC Production BV holds a 45% interest in the Nargis-1 well.
2023-01-17 - The subsea tieback offshore Brazil is expected to go onstream in 2025, producing to the Lapa FPSO, which has produced the field since 2016.
2023-01-17 - The work contract is for early project activities following the completion of FEED by Technip Energies.
2023-01-18 - Obelix Upflank is first discovery of the year on the Norwegian Continental Shelf. The partners are considering a subsea tieback to nearby Irpa field.