Midstream

Private equity-backed Canes Midstream LLC said Wednesday it has closed on its acquisition of Permian Basin midstream firm Cogent Midstream LLC. Located in the southern portion of the Permian’s Midland sub-basin, the Cogent assets include 520 MMcf/d of natural gas processing capacity, over 800 miles of pipelines, 42 compressor stations, a crude oil gathering system,…

Crestwood Equity Partners LP announced a trio of transactions to more than double its natural gas processing capacity in the Permian Basin’s Delaware formation, and to divest its position in the Barnett Shale. The largest of the three deals would see Crestwood acquire Sendero Midstream Partners LP for $600 million. Located entirely in Eddy County,…

Midstream infrastructure operator Rangeland Energy has formed a portfolio company to pursue acquisitions and projects in conventional and unconventional natural gas and oil plays, along with “decarbonization” opportunities in North America. Rangeland, based near Houston in Sugar Land, formed Rangeland Energy IV after securing a $300 million equity commitment from EnCap Flatrock Midstream. “Rangeland IV…

With customer demand growing, Energy Transfer LP’s management team is confident that the Lake Charles, LA, natural gas export project will be sanctioned before the end of the year. During the recent first quarter conference call, Co-CEO Tom Mason said “we’re really excited about where we are today” regarding the pending liquefied natural gas (LNG)…

After a down period in the Mexico oil and gas industry, exacerbated by the Covid-19 pandemic, there’s a renewed push for exploration and drilling activity given the elevated hydrocarbon price environment, Marco Cota, CEO and founder of Talanza Energy, told NGI’s Mexico GPI. “We’re seeing a lot of drilling plans for this year and next…

Houston’s Enterprise Products Partners LP has a bundle of projects in the queue to expand Lower 48 natural gas, liquids and refined projects to serve domestic and overseas demand, the executive team said Monday. Seven projects are being constructed to expand processing, capacity and takeaway from Louisiana, New Mexico, Texas and beyond. Permian Basin natural…

Crestwood Equity Partners LP said its acquisition of Oasis Midstream Partners LP, coupled with robust natural gas and oil prices, helped it drive strong first-quarter results. The Houston-based company expects continued momentum. It said key gathering and processing assets leveraged to higher producer activity in the Williston, Delaware and Powder River Basins in the second…

Kinder Morgan Inc. (KMI) is planning compression expansions on its Permian Highway Pipeline (PHP) and Gulf Coast Express (GCX) natural gas pipelines in order to alleviate takeaway constraints in the Permian Basin expected to mount by 2023. “Combined, the two expansions can add 1.2 Bcf per day of capacity out of the Permian,” CEO Steven…

Natural gas pipeline and storage provider DT Midstream Inc. (DTM), with a portfolio that includes 900 miles of regulated interstate pipelines, said Wednesday it would join a rapidly growing project aimed at better understanding the energy industry’s role in greenhouse gas (GHG) emissions. A day later, Houston-based Kinder Morgan Inc. (KMI), one of the largest…