Helmerich & Payne acquires Magnetic Variation Services

Helmerich & Payne Inc. has acquired Magnetic Variation Services LLC (MagVAR), an industry leader in enhancing the accuracy of directional drilling and wellbore optimization. MagVAR provides measurement while drilling survey corrections.
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Phillips 66, Enbridge plan west Texas crude pipeline

Phillips 66 and Enbridge are planning a 385,000-barrel-per-day crude pipeline from the Permian in west Texas to Gulf Coast ports providing refining capacity and export opportunities. The Gray Oak Pipeline should be in service by 2019.
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Houston midstream companies form DJ Basin joint venture

Houston-based companies Noble Midstream Partners and Greenfield Midstream have formed a joint venture partnership to acquire the assets of Saddle Butte Rockies Midstream in Colorado's DJ Basin. The new partnership is called Black Diamond Gathering.
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Global energy trader eyes crude terminal project to move TX shale

Vitol, a global energy and commodity trading company that trades more than 7 million barrels of crude oil per day, has begun talks with Harvest Pipeline Co. on a new crude oil terminal located near Corpus Christi to move barrels from Texas shale.
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To keep up with shale demand, Keane orders new frack equipment

Favorable conditions have continued to improve throughout the year, and robust 2018 capital budgets announced by producers in recent weeks have amplified and validated the growing demand for our services, which remains in excess of supply.
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Unimin, Fairmount Santrol merge to create mega-proppant provider

The merger between Unimin Corp. and Fairmount Santrol has created the largest proppant and sand supplier in the U.S. Unimin counts terminal expansions or production facilities in the Utica and Permian plays among its main growth areas.
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Industry Events

NAPE Summit

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

2018 Bakken Conference & Expo

July 16-18, 2018
Roughrider Center
Watford City, North Dakota





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