Chord Energy Expands Low-Cost Williston Footprint
Chord Energy (CHRD) is strengthening its Williston Basin position with a $550MM acquisition of assets from ExxonMobil (XOM) subsidiary XTO…
Bakken
A New Bakken Pipeline? North Dakota Agency Backs WBI Project
A North Dakota government agency has thrown its support behind a pipeline expansion planned by WBI Energy, raising the odds…
Junk or Jewels Plains Plans to Divest US NGL Assets on Path to Crude Pure Play
Plains All American (PAA) aims to become a crude oil midstream pure play, but a motley assortment of NGL assets…
$1.57B EPIC Deal Bolsters Plains’ Position in Permian, Eagle Ford
The total US rig count decreased during the week of Aug 24 to 524. Liquids-driven basins increased by 1 rig…
MPLX Sells Rockies G&P Assets, Retains NGLs for Export Push
MPLX on Aug. 27 reached a deal to sell its Rockies G&P assets in the Green River and Uinta basins…
Pipeline Takeaway Constrains Canada’s Oil Growth
The EIA has turned heads with a bearish call on crude oil. The agency now predicts prices will fall to…
Close of Hess Sale Could Put Bakken Assets in Play
Chevron (CVX) on July 18 completed the $53B acquisition of Hess Corp., giving the oil major a 37.8% stake in…
How the NGL Overbuild Benefits Ethane Exports
The industry is on track to overbuild Permian NGL pipelines and LPG export docks, but the excess capacity may prove…
Bakken on the Block? Close of Hess Sale May Put Assets in Play
Chevron (CVX) on July 18 completed the $53B acquisition of Hess Corp., giving the oil major a 37.8% stake in…
EIA Forecasts $50 Oil, Here’s Why We Differ
The EIA has turned heads with a bearish call on crude oil. The agency now predicts prices will fall to…