Posted on January 14, 2025
Bakken, Crude Oil, Gas Plants, Gathering Systems, Mergers & Acquisitions, Midstream, Natural Gas, Pipelines

A few weeks ago, Reese Energy Consulting shared news on a nonbinding open season to gauge interest in the proposed 375-mile Bakken East Pipeline project—an idea coddled for 10 years—which would flow natural gas east to near Fargo, N.D. Since our post, we’ve followed the latest from the Williston Basin, where Kinder Morgan, the deeper middle Three Forks formation, and CO2 enhanced oil recovery are making lots of noise worth a listen. ...

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Posted on January 8, 2025
Crude Oil, Eagle Ford, Gathering Systems, Gulf Coast, LNG, Mergers & Acquisitions, Midstream, Natural Gas, Natural Gas Liquids - NGLs, Permian, Pipelines

Midstream steals the show again this week with news of a triple-whammy in the pipeline acquisitions department, and the secret negotiations playing out on a massive pipeline LNG project that’s been considered all but frozen to death. ...

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Posted on December 19, 2024
Bakken, Crude Oil, Natural Gas, Permian, Pipelines

It’s mid-morning in Williston, N.D., and all of 2° with an expected high of 27°. In the Bakken, the nation’s third-largest oil basin, polar conditions this time of year are nothing more than life and business as usual, especially for oilfield workers used to spending Christmas on the job. Whiners need not apply. This is about as far from the Permian and its face-melting summer heat as one can get. ...

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Posted on December 5, 2024
Barnett Shale, Company Spotlight, Crude Oil, Eagle Ford, Mergers & Acquisitions, Mid-Continent, Permian, Uinta Basin, Uncategorized

In an interview back in October, Crescent Energy CEO David Rockecharlie quipped, “We feel like we’re the largest company nobody’s ever heard of.” Oh, but we do hear you. Loud and clear. With now a third Eagle Ford acquisition this year, Houston-based Crescent is a growth through acquisition E&P that looks to double the size of its company in the next five years. And it’s off to a rip-roaring start. ...

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