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Riviera Resources Subsidiary to Build New Oklahoma Crude Line, Lands Roan as Anchor Shipper

A subsidiary of Riviera Resources Inc. plans to build a new crude gathering line in Oklahoma’s Anadarko basin as part of a newly inked shipping deal with exploration and production (E&P) company Roan Resources LLC, Riviera said Wednesday.

July 18, 2019

North Dakota Supreme Court Sides with State in Newfield Royalties Case

The North Dakota Supreme Court has sided with the state in a ruling against Newfield Exploration Co., now part of Encana Corp., which it said had underpaid oil and gas royalties.

July 17, 2019

Vanguard Natural Emerges from Chapter 11, Rebrands as Grizzly

Lower 48 producer Vanguard Natural Resources Inc. has emerged from Chapter 11 bankruptcy as a new limited liability company under the name of Grizzly Energy LLC, the independent said Tuesday.

July 17, 2019

Energy Transfer Gauging Interest in Moving More Bakken Crude South

Energy Transfer LP (ET) has launched another open season to test support for crude shipments from the Bakken/Three Forks formation to Texas.

July 16, 2019

American Energy Acquires Pennsylvania-Based Geological Consultancy

Allentown, PA-based American Energy Partners Inc. (AEP), which focuses on upstream oil and gas operations as well as waste and water treatment, has added another company to its repertoire.

July 16, 2019

Midcontinent Drilling and Business Activity Expected to Hit Three-Year Low, 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 — expect drilling and business activity in the district to drop to 2016 levels, according to a quarterly report released on July 12 by the Federal Reserve Bank of Kansas City.

July 15, 2019

Permian-Focused Callon to Take Eagle Ford Assets in $3.2B Acquisition of Carrizo

Houston-based Callon Petroleum Co.’s board has approved the acquisition of Carrizo Oil & Gas Inc., adding Eagle Ford Shale-centered assets to Callon’s portfolio.

July 15, 2019
Plains Looks to Expand Crude Shipping from Canada to Gulf Coast as Keystone Sputters

Plains Looks to Expand Crude Shipping from Canada to Gulf Coast as Keystone Sputters

Affiliates of Houston-based Plains All American Pipeline LP have launched open seasons for two projects that could increase crude shipping capacity from Canada and the Rockies to the Gulf Coast. The proposals are set against the backdrop of a faltering Keystone XL buildout.

July 12, 2019

Riviera Resources Boosts 2Q Guidance on Strong Oklahoma, North Louisiana Output

Houston-based Riviera Resources LLC announced it would raise its guidance for the second quarter of the year thanks in large part to strong production in Oklahoma and Louisiana.

July 10, 2019

Kansas AG Settlement May End Story on 2000-Era Natural Gas Price Manipulation Scandal

Kansas reached a final settlement in late June on lost funds stemming from the natural gas price manipulation scandal of the early 2000s, potentially marking the end of such litigation among various states, said one legal expert.

July 9, 2019