Certarus Ltd. has entered into a flare gas capture and compressed natural gas supply agreement on Aug. 19 with a multinational American energy supermajor to service its electric hydraulic fracturing operations in the Delaware and Midland basins.
Earthstone Energy CEO Frank Lodzinski urged attendees of a recent industry luncheon in downtown Houston to “bring us deals” as the company looks to continue its growth story.
Bargain rates are expected to help oil producers.
With more big pipeline projects set to come online later this year and into 2021, the latest Drillinginfo report presents a rosier outlook for long-haul takeaway capacity.
Pioneer Natural Resources recently divested a small slice of its acreage position in the Midland Basin, which CEO Scott Sheffield said will be the lone survivor of the U.S. shale boom.
The Occidental-Anadarko takeover plus the completion of Encana and Chesapeake’s multibillion-dollar mergers top our list of upstream deal-making from the first half of 2019.
Nearing completion of its takeover of rival Anadarko, Occidental formed the JV with Colombia’s Ecopetrol to accelerate development in the Midland Basin.