Onshore

Private Equity , Midstream

Intensity Infrastructure Partners Secures Equity Backing from EIV Capital

In February, EIV Capital raised $702 million in funding and said it had more than $900 million to deploy into new investments.

January 31, 2023

Joint Ventures

Maha, Mafraq Energy Enter Joint Operating Agreement in Oman

Maha’s partnership with Mafraq Energy marks a milestone as Block 70 aims for commercialization. 

January 30, 2023

IPO , Transactions

Bob Simpson-led TXO Energy Partners IPO Exceeding Expectations

Formerly known as MorningStar Partners LP, TXO Energy is an MLP with operations and assets in the Permian Basin, New Mexico’s San Juan Basin and Colorado led by industry veteran Bob Simpson.

January 30, 2023

Private Equity , Exploration & Production , Shale Plays

EnCap Upsizes Double Eagle Equity Commitment to $2.3 Billion

The upsized equity commitment and establishment of an RBL come as Double Eagle ramps up its development pace in the Permian Basin, including the recent addition of two drilling rigs.

January 30, 2023

Unconventional , Shale Plays , Completions

Tech Over Trial-and-Error: Improving Near-Well Bore Completions

Drill2Frac’s FlowFX solution helps fine-tune completion designs by modeling parameters such as the number of perf clusters and length of stages.

January 27, 2023

Markets , Liquefied Natural Gas , Natural Gas , Health, Safety & Environment

Feds Approve Preliminary Restart of Freeport LNG’s Texas Facility

Freeport has yet to seek permission from federal regulators to restart the liquefaction trains, and analysts have said they expect most of the plant's production to remain offline until March or later.

January 26, 2023

Midstream , Gathering & Processing , Construction , Pipelines

Argentina Inks Deal for Vaca Muerta Gas Infrastructure

The Vaca Muerta infrastructure plan, expected to be approved in March, aims to boost a pair of gas pipeline projects — La Carlota-Tio Pujio and Reversal del Norte —as well as build compression plants.

January 26, 2023

Technology , Water Management

Testing the Waters: New Tech Aims to Clean Oilfield's Produced H2O

From nanoparticles to air bubbles, the University of Texas Permian Basin’s Texas Water and Energy Institute is analyzing data to potentially find a home for water produced during oil production.

January 23, 2023

Energy Transition , Midstream , Construction , Pipelines

Kinder Morgan Promotes Kim Dang to CEO, Updates Pipeline Progress

Kinder Morgan is moving forward pipeline project expansions, including the Permian Highway Pipeline and Evangeline Pass, and Kim Dang will succeed longtime CEO Steve Kean, who will retain his position on the board.

January 19, 2023

Acquisitions & Divestitures

WhiteHawk Picks Up Haynesville Mineral, Royalty Interests in $105 Million Deal

The Haynesville royalties are in the core of the basin, WhiteHawk said, adding that its position will cover 375,000 gross unit acres in northwestern Louisiana. 

January 18, 2023