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Colorado Proposes More Stringent Flowline Regulations

As planned, the Colorado Oil and Gas Conservation Commission (COGCC) is proposing to beef up oversight of oil and gas flowlines following a tragic incident in Firestone two years ago.

October 14, 2019

Midcontinent Drilling and Business Activity Dropped in 3Q, Fed Says

Oil and gas companies operating in the Federal Reserve’s 10th District — Kansas, Colorado, Nebraska, Oklahoma, Wyoming and the northern half of New Mexico – indicated a “significant drop” in drilling and business activity in the third quarter, according to a quarterly report released Friday by the Federal Reserve Bank of Kansas City.

October 11, 2019

Infinity to Buy Kansas Oil and Gas Properties, Appoints Hass as Operator

Overland Park, KS-based independent Infinity Energy Resources Inc. announced Wednesday that it has signed an agreement to appoint Haas Petroleum LLC as the operator of existing oil and gas production in Central Kansas that Infinity plans to buy from Core Energy LLC.

October 10, 2019

BLM’s Colorado Oil, Gas Leases Challenged by Environmental Groups

In the latest Colorado turf battle between the oil and gas industry and environmentalists, conservation groups on Tuesday filed a lawsuit against the Trump administration in an effort to stop production on a swath of land roughly a million acres in size.

October 9, 2019

Abraxas Sells More Assets, Suspends Permian Drilling

San Antonio,TX-based Abraxas Petroleum Corp. last week inked two asset sales worth about $7.9 million and suspended some drilling in the Permian Basin.

October 7, 2019

Moncrief Oil to Retire Embattled Montana Oil, Gas Leases

Fort Worth, TX-based Moncrief Oil Co. has reportedly agreed to retire its oil and gas leases south of Glacier National Park in Montana as part of an out-of-court settlement.

October 3, 2019

Bison Buying Tapstone’s STACK Produced Water Infrastructure

Oklahoma water infrastructure company Bison said Wednesday is buying Tapstone Energy LLC’s produced water infrastructure in the Anadarko Basin for an undisclosed amount.

October 3, 2019

Tallgrass Testing Support for PRB-to-Oklahoma Crude Pipe

Tallgrass Energy LP is gauging interest in capacity to ship crude from the Powder River Basin (PRB) to Cushing, OK, via the Pony Express and Iron Horse pipelines.

October 2, 2019
Warburg Unit Taking Roan Resources Private in $1B Deal

Warburg Unit Taking Roan Resources Private in $1B Deal

Warburg Pincus LLC affiliate Citizen Energy Operating LLC has inked a deal to acquire Oklahoma City-based Roan Resources Inc. in an all-cash transaction worth roughly $1 billion that would take the company private.

October 1, 2019

Superior Energy to Appeal NYSE Suspension, Delisting

The New York Stock Exchange (NYSE) began delisting protocols for global completions company Superior Energy Services Inc. last week, a determination the Houston-based oilfield services (OFS) operator plans to appeal.

September 30, 2019