Joint Ventures
Restructurings , People , Infrastructure , Health, Safety & Environment , Acquisitions & Divestitures , Mergers , Joint Ventures , Midstream , Pipelines
Q&A: Significant Midstream Consolidation on the Way
New Sidley partner Trent Bridges shares his thoughts on the strategic outlook for midstream companies, pipeline contracts, M&A, renewable fuels, capital markets and regulations.
Shale Plays , Acquisitions & Divestitures , Joint Ventures , Gathering & Processing
Diamondback’s Rattler Midstream Acquires $104 Million Stake in Midland Basin JV
Rattler Midstream acquired a minority interest in a gas gathering and processing JV servicing the Midland Basin where Diamondback Energy is deploying a majority of its development capital.
Joint Ventures , Midstream
Sentinel Midstream Forms JV with Exxon Mobil Serving Houston Oil Market
Sentinel Midstream established a JV with Exxon Mobil that will provide “the critical last-mile link for Permian, Gulf of Mexico and other barrels in the Houston crude oil market,” the company said.
Exploration & Production , Joint Ventures
Suncor Assumes Operatorship of Syncrude
The arrangement was initially announced in the fourth quarter of 2020.
Investment , Energy Transition , Joint Ventures
Chevron to Invest in Bunge Soybean Crushers to Secure Renewable Feedstock
Chevron and Bunge's proposed JV will include expanding Bunge's facilities in Destrehan, Louisiana, and Cairo, Illinois, to nearly double their capacity by 2024.
Business , Shale Plays , Joint Ventures
Andros Capital Closes $150 Million JV with Private Permian Basin Operator
Andros Capital agreed to fund approximately $150 million to participate in a development drilling program targeting the Spraberry and Wolfcamp formations on MPDC’s Permian Basin position in Midland County, Texas
Joint Ventures
U.S. Energy Development to Invest $21.8 Million in Core of Permian Basin
The company's CEO said the joint venture comes at an ideal time as the company continues to grow its footprint in the Permian Basin.
Business , Shale Plays , Mergers , Joint Ventures , Midstream
Plains All American, Oryx Midstream to Merge Permian Basin Assets
The combination with a vast majority of Plains All American’s Permian Basin assets is a “natural evolution of the Oryx growth story,” says Oryx Midstream CEO Brett Wiggs.
Field Development , Joint Ventures , Midstream
Williams Forms JV with Upstream Operator in Wyoming’s Wamsutter Field
The JV consolidates three legacy upstream assets held by BP, Southland and Crowheart Energy into one contiguous footprint consisting of over 1.2 million net acres, which Denver-based Crowheart will operate, says Williams.
Unconventional , Shale Plays , Acquisitions & Divestitures , Joint Ventures
Vista Oil & Gas, Trafigura Strike $25 Million Vaca Muerta Shale Deal
Under terms of the JV agreement, Vista Oil & Gas and Trafigura will jointly develop initially five pads of four wells each in Bajada del Palo Oeste, which is Vista’s main shale oil development in Vaca Muerta.