Gathering & Processing

Shale Plays , Acquisitions & Divestitures , Gathering & Processing

DCP Midstream Expands Permian Basin Footprint with $160 Million Bolt-on Acquisition

Denver-based DCP Midstream recently agreed to acquire the James Lake System from Woodland Midstream II, which increases DCP’s gathering capacity in the Permian Basin.

June 27, 2022

Shale Plays , Acquisitions & Divestitures , Gathering & Processing

Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit

Crestwood agreed on May 25 to acquire Sendero Midstream Partners in the Delaware Basin, “prudently financed” with cash proceeds from the sale of Crestwood’s legacy Barnett Shale position to EnLink Midstream.

May 25, 2022

Shale Plays , Acquisitions & Divestitures , Gathering & Processing

Delek Logistics Acquires 3Bear Energy Permian Basin Assets for $624.7 Million

The level of growth and demand from producers in the Permian Basin provides Delek Logistics with the “confidence” to move forward with the acquisition of 3Bear Energy, CEO Uzi Yemin says.

April 11, 2022

Shale Plays , Gathering & Processing

EPIC Crude Delivers Record Volumes from Permian Basin, Eagle Ford

EPIC Crude continues to deliver record volumes of crude oil from West Texas to ports in Corpus Christi, Texas, through its EPIC Crude Oil Pipeline

April 6, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures , Gathering & Processing

Cutlass Energy Establishes Haynesville Position through ArcLight Transaction

ArcLight Capital Partners entered into an agreement through its affiliate Saber Midstream to acquire a Haynesville gas gathering system set to be managed by ArcLight-backed Cutlass Energy Partner.

March 25, 2022

Shale Plays , Acquisitions & Divestitures , Gathering & Processing

Targa Resources Acquires Southcross in $200 Million ‘Bolt-on’

The Southcross Energy acquisition follows recent comments made by Targa CEO Matt Meloy that the company was actively looking at “bolt-on or tuck-in acquisitions” across its footprint with a couple of caveats.

March 25, 2022

Shale Plays , Acquisitions & Divestitures , Gathering & Processing

Whiptail Midstream Acquires San Juan Assets from DJR Energy

Whiptail Midstream also plans to build out gathering infrastructure for DJR Energy as it develops its acreage in the Gallup oil window of the San Juan Basin, says CEO Josh Lamberton.

March 22, 2022

Shale Plays , Gathering & Processing

EOG Resources Extends Natgas Supply Agreements with Cheniere

EOG has agreed to sell 420,000 MMBtu of natural gas per day to CCL Stage III for a period of 15 years.

February 24, 2022

Liquefied Natural Gas (LNG) , Storage , Gathering & Processing

Venture Global Seeks OK to Load First LNG Cargo at Louisiana Calcasieu Plant

In total, Venture Global has about 70 MTPA of LNG export capacity under construction or development in Louisiana.

February 7, 2022

Shale Plays , Storage , Gathering & Processing

BCCK to Build Permian Nitrogen Rejection Unit for Pinnacle Midstream

“We are delighted to partner with Pinnacle Midstream on this project, which will allow us to further showcase BCCK’s gas processing and nitrogen removal expertise as well as our exceptional construction skills,” Greg Hall, executive vice president at BCCK, said.

January 27, 2022