Panhandle Oil and Gas acquires North Dakota, Oklahoma properties


Oklahoma City-based Panhandle Oil and Gas has acquired new acreage in North Dakota's Bakken shale play for $9 million and Oklahoma's STACK play for $790,000. The company is now producing from eight of the 20 Bakken wells it purchased.
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Cogent Midstream expanding processing capacity in Midland Basin


Cogent Midstream LLC of Dallas plans to expand its natural gas processing capacity in the lower Midland Basin of west Texas. A new refrigerated cryogenic processing plant will add 200 million cubic feet per day of capacity.
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Freedom Oil launches $18 million Eagle Ford drilling program


Houston-based Freedom Oil & Gas has launched an $18 million continuous drilling program on its Eagle Ford shale acreage in Dimmit County, Texas. The program comes after better-than-expected initial results from six test wells.
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After Bakken buy, U.S. Energy eyes positive future


U.S. Energy Corp. is acquiring a new path forward through its purchase of additional Bakken shale assets with the $17.8 million acquisition of roughly 70 wells spread across 1,600 acres in two of the main Bakken producing counties.
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SCOOP/STACK to gain in-basin shale sand operation


The SCOOP/STACK shale play of Oklahoma is gaining a new in-basin frack sand mine. Black Mountain Sand, a Texas-based firm that first began operating in-basin sand operations in the Permian before expanding to the Eagle Ford, is entering Oklahoma.
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Candor Midstream gets $200 million commitment from EnCap Flatrock


Houston-based Candor Midstream LLC is receiving an initial venture capital commitment of $200 million from EnCap Flatrock Midstream of San Antonio, Texas. Candor is an independent company focused on the development of midstream infrastructure.
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October 3-4, 2018
Houston Mariott Westchase
Houston, Texas





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