Onshore

Liquefied Natural Gas (LNG) , Natural Gas , Technology , Construction

Baker Hughes Awarded Contract And Granted Notice To Proceed With Calcasieu Pass Project

The agreement includes Baker Hughes' highly-efficient and reliable modular liquefaction trains, and power generation and electrical distribution equipment for the Calcasieu Pass Project.

August 21, 2019

Lease Sales

On The Market Quicklist (Week Of Aug. 21, 2019)

Here’s a quicklist of oil and gas assets on the market including a roughly 24,000 net-acre contiguous, operated position in the Olmos trend of South Texas and Wolfcamp nonop assets in the Permian.

August 21, 2019

Trade , Pipelines

US Shale Producers Challenge Cactus II Pipeline Surcharge For Steel Tariff

Two U.S. shale producers have challenged an energy pipeline operator's proposed surcharge for the Trump administration's 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs.

August 20, 2019

Lease Sales

Marketed: Fayetteville Shale Royalties, ORRI Package

Cascade Acquisition Partners retained EnergyNet for the sale of a Fayetteville Shale well package in Arkansas comprised of royalty interest and ORRI through an auction closing Sept. 5.

August 20, 2019

Public Capital , Pressure Pumping , Acquisitions & Divestitures

Analyst: Pressure Pumping Asset Sale Implies Extraordinary Upside

Analysts with Tudor, Pickering, Holt & Co. noted the sale of Quintana’s legacy conventional pressure pumping operations was a small deal but that it also highlighted a “prodigious valuation upside.”

August 20, 2019

Investment , Construction , Pipelines

Venture Global Announces Financial Close For Calcasieu Pass LNG

The lender group for Venture Global's $5.8 billion construction financing includes the world's leading Asian, European and North American project finance banks, the company said.

August 20, 2019

Crude Oil , Pipelines

US Crude Export Window Slams Shut As New Pipelines Start

The spread between Brent and WTI has narrowed, making US oil less attractive.

August 20, 2019

Liquefied Natural Gas (LNG) , Tankers , Construction

Freeport LNG Begins Train 1 Production

The Freeport LNG project in Texas started production at its first liquefaction train on Aug. 12 and aims to start commercial operation in the fall this year.

August 20, 2019

Completions , Pressure Pumping

Certarus Enters Permian Flare Gas Capture Agreement With Supermajor

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.

August 20, 2019

Field Development , Drilling

Measuring The Impact Of Well Spacing With Novel Geospatial Technique

A key factor in the economic development of unconventional resources is determining optimal well spacing. As development of unconventional play progresses, wells naturally become spaced closer together.

August 20, 2019