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.
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.
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
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.
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.
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.
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.
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.
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.
Venture Global's Calcasieu Pass Plant in Louisiana Close to Producing LNG
Venture Global is installing 18 modular liquefaction trains configured in nine blocks at Calcasieu to produce about 10 MTPA of LNG. Analysts estimate the plant cost about $4.5 billion.