Logistics

April 02, 2019

Permian shale’s premiere private midstream assets sell for $3.6B

BY Luke GeiverStonepeak Infrastructure Partners will pay $3.6 billion for the largest privately-held midstream crude operation in the Permian Basin. Through the acquisition, Stonepeak will take control of Oryx Midstream. READ MORE

April 01, 2019

South Korea group invests $300M in Marcellus shale

BY Luke GeiverSK Holdings Co., a top two conglomerate in South Korea, is investing in the Marcellus and Utica shale plays. Working with FirstReserve, a global private equity firm that has several major oil and gas investments, SK will bring $300 million. READ MORE

April 01, 2019

Trump issues go-ahead permit for Keystone XL pipeline

BY TransCanada Keystone XL will create thousands of jobs and deliver economic benefits across North America while being the safest, most efficient and environmentally sound way to move crude oil to the U.S. Gulf Coast. READ MORE

April 01, 2019

Cushing-to-Houston pipeline to move Bakken, Midcon, Permian oil

BY Luke GeiverA Cushing-to-Houston light oil pipeline project pitched to help Bakken and Midcontinent producers send crude to the Texas Gulf Coast could expand to take additional barrels from the Permian. READ MORE

March 26, 2019

KLX Energy buys multiple Mid-Con, Rockies shale service firms

BY Luke GeiverKLX Energy Services Holdings has completed the acquisitions of Red Bone Services, a provider of oilfield services primarily in the Mid-Con, and Tecton Energy, a flowback service firm working in the Bakken and Rockies. READ MORE

March 20, 2019

Nuevo Dos acquires Eagle Ford logistics assets, plans expansion

BY Nuevo Dos Nuevo Dos plans to expand the system, which currently consists of approximately 100 miles of gathering pipeline that feeds a central delivery point with 300,000 barrels of crude oil storage and a six-bay truck station. READ MORE

March 19, 2019

Oilfield trucking company gives drivers a reason to stay

BY Patrick C. Miller Brady Trucking Inc., which works with oilfield service companies throughout the Rocky Mountain region, is using Stay Metrics surveys to give its drivers reasons to stay with the company. Driver turnover has been reduced by 31 percent. READ MORE

March 11, 2019

TPG acquiring shale water firm Goodnight Midstream for $930M

BY Luke GeiverTPG Capital will pay $930 million to acquire a majority stake in Goodnight Midstream, a produced water infrastructure company active in the Bakken, Eagle Ford and Permian. READ MORE

March 11, 2019

ICE offers futures contracts for Permian oil storage capacity

BY Intercontinental Exchange Inc. The auction sold 1,350 lots, or 1.35 million barrels, of storage to five participants, spread across six monthly contracts: May 19, June 19, July 19, August 19, September 19 and October 19. READ MORE

March 07, 2019

Milestone receives permit for new Permian oilfield waste facility

BY Milestone Environmental Services Co-located with Milestone’s existing Orla slurry injection facility, which opened in July 2018, the new 80-acre landfill will accept all RCRA-exempt oilfield waste streams, including cuttings and contaminated soils, with room to expand capacity. READ MORE

March 05, 2019

Tellurian making progress as global exporter of US shale LNG

BY Luke GeiverTwo years into life as a public company, Tellurian is making major strides to becoming a global supplier of liquefied natural gas (LNG) sourced from U.S. shale fields. READ MORE

March 05, 2019

Select Energy sees growth in shale water sector

BY Luke GeiverThe company believes there is a possibility for growth opportunities in three areas of the services sector: margin enhancement, technological innovation and consolidation. READ MORE

February 26, 2019

Hess midstream bolsters Bakken footprint through $60M acquisition

BY Luke GeiverHess Midstream Partners is acquiring a neighboring Bakken infrastructure asset for $60 million. Through a deal with Summit Midstream Partners, Hess Midstream will add Summit's Tioga System. READ MORE

February 26, 2019

Citing significant demand, Energy Transfer to expand Bakken DAPL

BY Luke GeiverEnergy Transfer LP is now considering expanding the capacity on the Bakken's Dakota Access Pipeline. The company held an open season call in late 2018 to gauge the potential for adding barrels. READ MORE

February 21, 2019

Shale Support, Fracht Group begin frac sand exports to Argentina

BY Shale Support This partnership allows Shale Support the ability to supply the Vaca Muerta Shale in Argentina with the high-quality, frac sand produced by Shale Support under the brand trademarked Delta Pearl. The first shipment left the port of New Orleans. READ MORE

February 19, 2019

Blackstone pays $1.6 billion in cash for Targa's Bakken assets

BY Targa Resources Targa Resources Corp. announced today that it has entered into definitive agreements to sell a 45 percent interest in Targa Badlands LLC, the entity that holds all of Targa's assets in North Dakota. READ MORE

February 18, 2019

Shale Support signs Mississippi to Eagle Ford frac sand deal

BY Luke GeiverShale Support will deliver its best-in-class proppant to its Southton Rail Yard facility. Located south of San Antonio, in the heart of the Eagle Ford, Southton Rail Yard was built in 2013 as one of the first Purpose-Built Transload facilities. READ MORE

February 12, 2019

Solaris signs another water deal, starts Permian recycling

BY Solaris Water Midstream Solaris Water Midstream LLC has begun recycling operations and has added new acreage and volume commitments that support a major expansion of its Pecos Star system, located in the heart of the Permian. READ MORE

February 04, 2019

Report outlines impact of Venezuela turmoil on global oil market

BY IHS Markit A new report by IHS Markit on Venezuela examines the impact of U.S. sanctions on the country's oil industry as well as the implications for the global oil market. READ MORE

February 04, 2019

2 shale pipeline updates show possibilities for Bakken, Permian

BY Luke GeiverThe push to build more shale oil transport pipelines across the country’s largest plays isn’t slowing down. In January, multiple projects were announced or updated, including a light oil pipeline for the Bakken and Permian. READ MORE

February 04, 2019

Target Lodging earns new Permian workforce contracts

BY Luke GeiverThe demand for workforce housing in the Permian remains. Target Lodging recently announced new contracts with four oilfield service companies that will provide the global workforce housing provider with a contract valued at $200 million. READ MORE

January 28, 2019

WBI details new Bakken gas transport pipeline

BY Luke GeiverA proposed 67-mile natural gas pipeline will improve Bakken gas takeaway options from the core of the play. WBI Energy Inc, a subsidiary of MDU Resources Inc., announced plans to construct the pipeline for a cost of $220 million. READ MORE

January 23, 2019

University Lands selects 2 water providers for Delaware Basin oil

BY Layne Water Midstream H2O Midstream and Layne Water Midstream have signed a long-term contract with University Lands to jointly serve as the exclusive preferred water services provider on 167,000 acres located in the Delaware Basin. READ MORE

January 22, 2019

ICE enhances Permian WTI crude futures contract options

BY Intercontinental Exchange Inc. Intercontinental Exchange Inc., an operator of global exchanges and clearing houses and provider of data and listings services, has enhanced its ICE Permian WTI crude oil futures contract. READ MORE

January 22, 2019

Pipeline giants partner to expand Williston, DJ Basin takeaways

BY Tallgrass Energy Tallgrass Energy and Kinder Morgan Inc. have announced an agreement to jointly develop a solution to increase existing crude oil takeaway capacity in the growing Powder River, DJ, and Williston Basins. READ MORE

January 21, 2019

Pin Oak building rail, liquid storage at US shale export site

BY Luke GeiverPin Oak will connect shale oil export infrastructure at Corpus Christi, Texas, to rail lines that will give producers in the Permian and Eagle Ford more flexibility to move product to export tankers. READ MORE

January 17, 2019

Major midstream providers for shale producers up Q4 dividends

BY Luke GeiverTwo of the largest midstream service providers for shale oil and gas are increasing their dividend payments to shareholders. ONEOK Inc. and Kinder Morgan Inc. are each raising shareholder payouts. READ MORE

January 07, 2019

Still after shale play infrastructure, ArcLight revises buy-out

BY Luke GeiverArcLight Energy Partners interest in fully acquiring American Midstream Partners and its assets across multiple shale plays hasn't waned since the Boston-investment firm first announced plans to acquire its assets. READ MORE

January 02, 2019

Survey reveals shale operator preference with midstream oil, gas

BY EnergyPoint Reserach Findings from a newly released 2018 Oil & Gas Midstream Services Customer Satisfaction Survey conducted by EnergyPoint Research indicate providers of midstream services face both opportunity and challenge in today’s dynamic North American market. READ MORE

December 20, 2018

Alerian's 2019 midstream outlook

BY Luke GeiverStacey Morris, director of research at Alerian, provides a breakdown on her 2019 outlook on the midstream energy sector along with MLP market intelligence. READ MORE