Nile Midstream was approved for new pipeline permit (10563) by the Railroad Commission of Texas for the transfer of 68.74 miles of gathering pipeline from DCP Midstream (now a part of Phillips 66).
Kinetik Holdings Inc. (KNTK) is an energy midstream company that was formed in February 2022 when publicly traded Altus Midstream merged with privately held EagleClaw Midstream. This created the only pure-play midstream company operating in the Texas Delaware Basin.
Fervo announced its latest round of funding this week to the tune of $244 million. The round was led by Devon Energy, a company that’s previously backed the startup.
Houston-based Sage Geosystems announced the first close of $17 million round led by Chesapeake Energy Corp.
Double E is a 135-mile Federal Energy Regulatory Commission-regulated interstate natural gas transmission pipeline that commenced operations in November 2021 and provides transportation service from receipt points in the Delaware Basin to various delivery points in and around the Waha hub in Texas.
Apache Corp. must implement a third-party verification system to ensure that it’s complying with a court-approved consent decree for air quality violations at its well pads in Texas and New Mexico.
TotalEnergies has agreed to purchase Lewis Energy Group’s 20 percent stake in the Dorado leases, which are operated by EOG Resources (80 percent) in the Eagle Ford shale gas play, Trend reports.
Chevron New Energies, a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.
Diamondback Energy Inc. will borrow a page from the shale-consolidation playbook by cutting drilling rigs after its acquisition of competitor Endeavor Energy Resources LP, a move that will help satisfy investors.
The simul-frac, also called a twin frac and other terms, has been warmly embraced across the US shale sector since it enables one fracture stage in two adjacent wells to be stimulated at the same time.
