• Permian
  • Mid-Continent
  • Bakken
  • DJ Basin
  • Eagle Ford
  • Haynesville
  • Gulf Coast
  • Marcellus / Utica
  • Powder River

USEDC Lands New Permian Investment

Back in March, just as the Great Confluence of COVID, OPEC, and paralyzed oil and gas demand began its descent, Arlington, Texas-based U.S. Energy Development Corporation (USEDC) began sizing up investment opportunities.

Targa Announces Open Season; Excelerate Expands LNG Fleet

Targa has announced an open season from July 1-31 to gauge shipper interest on a proposed interconnection in Kingfisher where, following construction of a new 110-mile extension of the company’s Grand Prix NGL pipeline, will connect supplies to Williams’ Bluestem Pipeline. The Bluestem originates from Williams’ fractionator in Conway, Kan., and the terminus of Overland Pass Pipeline to Targa’s Grand Prix.

Outrigger Out to Conquer The West

Wasn’t quite four years ago Outrigger Energy said adios to its West Texas operations with the $1.5 billion sale of its Permian midstream assets to Targa Resources. But the company hardly looked to sever ties with The West.

Outrigger Out to Conquer The West

Wasn’t quite four years ago Outrigger Energy said adios to its West Texas operations with the $1.5 billion sale of its Permian midstream assets to Targa Resources. But the company hardly looked to sever ties with The West.

Joint Ventures Ramp Up Activity

Good news from the nation’s midstream sector is a welcome respite in this uncertain time, and joint ventures between operators who offer individual strengths and share common growth strategies just make sense, maybe now more than ever. Here’s a shoutout to the JVs currently making some positive noise in the midstream space.

Taking the Plunge Never Sounded So Good

History proves that times of crisis and turmoil inspire ingenious ideas, amazing inventions, and bold leaps of faith despite the odds that would otherwise subvert them. When the Bubonic plague struck England in 1665 forcing the closure of Cambridge University, mathematics professor Isaac Newton returned home where his brain went into overdrive upon witnessing an apple fall from a tree. A heady example to be sure, but we’re living in a brave new world now where a number of upstream and midstream businesses are biting the bullet and taking those leaps even as the industry reconstructs itself.

Mission Accomplished for Energy Transfer

Reese Energy Consulting today is following the latest news from Dallas-based Energy Transfer, which just announced completion of its on-budget, ahead-of-schedule Lone Star Express Pipeline Expansion.

Outrigger Out to Conquer The West

Wasn’t quite four years ago Outrigger Energy said adios to its West Texas operations with the $1.5 billion sale of its Permian midstream assets to Targa Resources. But the company hardly looked to sever ties with The West.

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As a popular social media blogger, Steve Reese has gained an exceptional following from oil and gas professionals across the country who follow his posts throughout the week. His articles regularly trend among the top contributors in the energy industry with the news, information and insight that’s made him a fresh thought leader.

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San Mateo Fired Up

The project increases cryogenic capacity to 460 MMCF per day from an initial 260 MMCF. On time. On budget. That’s what joint venture San Mateo Midstream has announced with the startup of its newly expanded Black River gas processing plant in Eddy Co., N.M., offering greater capacity to area producers but especially to parent company Dallas-based Matador Resources.

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What’s Mine Is Now Yours

After a year plagued with disappointments and back-to-square-ones, Houston-based Occidental Petroleum finally has something to smile about. In the company’s efforts to reduce its debt load by more than $2 billion by year end, Oxy has scored a big win with the $1.33 billion sale of 4.5 million mineral acres and 1 million surface acres in Wyo., Colo., and Utah.

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DOE Sets Aside $33 Million to Rehab Old Gas Pipelines

At least 10 of the nation’s natural gas utilities are about to receive a long overdue overhaul of its pipeline distribution systems. The Dept. of Energy announced last February that it had earmarked funds to rehabilitate natural gas pipelines originally constructed in the 1800s with cast iron, and later in the 1930s with wrought iron—both of which have become a contentious source of leaks and failures.

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California’s Power Grid Back to Rollin’, Rollin’, Rollin’ Blackouts

This week, the state of Calif., is set to break another record and it’s not a box office take by any means. With the West Coast heating up to triple-digit temps amid “firenados” and peak electricity demand soaring, the first rolling blackouts since the 2001 energy crisis have unfurled, leaving residents face-melting and a governor declaring a state of emergency.

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The Operators: Palisade Pipeline

Lubbock-based Palisade Pipeline scored its first victory as a startup little more than a year ago with a timely idea to build an infrastructure system that could pipe reclaimed water to the Permian’s oilfields. Reliance on fresh water by producers in the desert-like environs of West Texas and N.M., had already become a growing, hot-button issue with an average use in 2019 of 33.6 million gallons a day for fracking operations. So, Palisade approached the city of Lubbock and offered to buy up to 6 million gallons per day of wastewater, which then would be resold to Permian oil and gas producers.

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The Future’s Midstream Infrastructure Looks Decidedly Different by 2050. Or Does It?

When Berkshire Hathaway in early July purchased 7,700 miles of natural gas pipelines owned by Va.-based Dominion Energy, the investment group handed the utility giant a new path forward to incorporate more renewable energy in its operations with a goal to generate 100% carbon-free electricity by 2045.

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U.S. LNG Export Leaders Hold on Tight, Move Forward in a World of Recovery

Despite—or even in spite of—a pandemic that’s ravaged oil and gas demand across the globe, the U.S. remains on course to become the largest exporter of LNG in as little as five years. True, the world’s four LNG heavyweight suppliers (Qatar, Australia, the U.S., and Russia) all have reduced shipments due to decline in demand. This “ouch” period after more than two years of record growth, especially in the U.S. According to the EIA, the U.S. hit an all-time high in January of 8.1 BCFD LNG exported just before COVID-19 slammed the industry into a cliff.

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