SandRidge makes move to buy DJ Basin, Mid-con assets for $746M

SandRidge Energy, an exploration and production company focused on the Midcontinent and Niobrara shale, has agreed to acquire Bonanza Creek Energy. The deal would give SandRidge 67,000 contiguous net acres in the DJ. Not all shareholders are happy.
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Anadarko 2018: $900M+ to Delaware, DJ Basins

Anadarko Petroleum Corp. will spend more than $900 million next year in both the Delaware Basin and the DJ Basin, putting the vast majority of the company's focus into U.S. shale energy development.
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Pipeline drag reduction agent maker expanding in Texas

LPSI intends to build a second manufacturing facility for its drag reducing agents. When hydrocarbons are placed in a pipeline they naturally create friction and drag on the walls of the pipeline. The drag and friction increases flow.
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After $27M asset sale, Earthstone turns focus to Midland

Earthstone Energy Inc. is turning its entire unconventional oil and gas development focus to Texas. The company announced plans to sell roughly $27 million in assets located in the Williston Basin.
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Keystone XL clears final permit hurdle in Nebraska

Nebraska on Monday became the final state to grant a permit to the $8 billion TransCanada Keystone XL Pipeline Project that will provide Canadian crude access to U.S. Gulf Coast refineries. The project faces opposition from environmental groups.
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UOP's cryogenic gas processing tech becomes popular in Permian

November has been a productive month for technology provider UOP Russell and midstream companies serving the Permian Basin. Producers Midstream LP, based in Dallas, and EagleClaw Midstream Ventures, based in Midland, have each signed on.
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OilComm

December 6-7, 2017
Houston Marriott Westchase
Houston, Texas

NAPE Summit

February 5-9, 2018
George R. Brown Convention Center
Houston, Texas





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