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Max Midstream acquires Seahawk Pipeline and Terminal, announces new pipeline to Texas Gulf Coast

Max Midstream acquires Seahawk Pipeline and Terminal, announces new pipeline to Texas Gulf Coast

Max Midstream said that it has acquired the Seahawk Pipeline and Terminal from Oaktree Capital at the Port of Calhoun in Texas and plans to build a pipeline with an investment of $1 billion that will directly connect the port to both the Eagle Ford and Permian Basins. According to the Texas-based midstream company, the […]

Braskem begins commercial production at polypropylene plant in La Porte

Braskem begins commercial production at polypropylene plant in La Porte

Brazilian polyolefins producer Braskem said that it has started commercial production at its new $750 million polypropylene plant in La Porte, Texas, which is capable of producing 450 kilotons (kt) or a billion pounds per year. Braskem said that the new polypropylene production line is capable of producing the entire polypropylene portfolio, which includes a […]

Barron Petroleum claims major discovery in Permian Basin

Barron Petroleum claims major discovery in Permian Basin

Barron Petroleum has claimed to have made one of the largest hydrocarbon discoveries in the Permian Basin in Texas through the drilling of the Sahota Carson 20BU #1 well. The Texas-based oil and gas company said that the new discovery well in Val Verde County is estimated to hold 417 billion cubic feet, or 74.2 […]

Texan oil and gas firms Southwestern Energy, Montage Resources to merge

Texan oil and gas firms Southwestern Energy, Montage Resources to merge

Southwestern Energy Company has agreed to acquire rival  Texas-based oil and gas Montage Resources Corporation in an all-stock deal. Montage Resources, which is presently focused on the Utica and Marcellus Shales of Southeast Ohio, West Virginia and North Central Pennsylvania, has nearly 195,000 net effective core undeveloped acres. The company was created following a merger […]

Quorum wins oil and gas software contract from Black Bear Transmission

Quorum wins oil and gas software contract from Black Bear Transmission

Quorum Software, a US cloud-based oil and gas software provider, said that Texan midstream company Black Bear Transmission will use its Quorum gas pipeline software, gas measurement software, and measurement services to support its operations. According to the oil and gas software company, Black Bear Transmission requires a proven solution that can support its eight natural […]

Enterprise Products Partners boosts exports of ethylene in Texas

Enterprise Products Partners boosts exports of ethylene in Texas

Enterprise Products Partners said that its ethylene export terminal at Morgan’s Point in Texas has crossed its design interim loading capacity and is expected to export over 175 million pounds for the month of June. The ethylene export terminal in Texas is the company’s joint venture with Navigator Holdings. According to Enterprise Products Partners, the […]

Apergy completes $4.4bn acquisition of Nalco Champion’s upstream energy unit

Apergy completes $4.4bn acquisition of Nalco Champion’s upstream energy unit

Apergy, a Texan oilfield equipment company, has wrapped up its $4.4 billion acquisition of the upstream energy operations of Ecolab’s subsidiary Nalco Champion to create a new combined company called ChampionX. As part of the terms of the deal signed in late 2019, Apergy has assumed the upstream energy unit’s net debt of around $492 […]

Empire Petroleum acquires oil and gas assets in Texas from Pardus Oil & Gas

Empire Petroleum acquires oil and gas assets in Texas from Pardus Oil & Gas

Empire Texas, a subsidiary of Tulsa-based oil and gas company Empire Petroleum, has acquired oil and gas producing assets across the Madison, Houston, and Leon Counties in Texas and associated midstream assets from Pardus Oil & Gas and Pardus Oil & Gas Operating GP. Financial terms of the deal were not disclosed. The producing assets […]

Phillips 66, Trafigura create Bluewater Texas Terminal joint venture

Phillips 66, Trafigura create Bluewater Texas Terminal joint venture

Phillips 66 has created a joint venture called Bluewater Texas Terminal with Trafigura Group to develop an offshore deepwater port project. The deepwater port project, to be built by Phillips 66, will be located nearly 21 nautical miles east of the entrance to the Port of Corpus Christi. It will comprise a couple of single […]

ArcLight, Rattler Midstream form midstream JV Amarillo Rattler

ArcLight, Rattler Midstream form midstream JV Amarillo Rattler

ArcLight Fund V portfolio company Amarillo Midstream and an affiliate of Rattler Midstream have agreed to form a 50:50 joint venture (JV) called Amarillo Rattler to own and operating natural gas gathering and processing assets in the Midland Basin of the Permian Basin in the US. While ArcLight Fund V is managed by ArcLight Capital […]

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