Comprehensive Energy Data Intelligence

Information About Energy Companies, Their Assets, Market Deals, Industry Documents and More...

Baker-Hughes-To-Help-Driftwood-Pipeline-Decarbonize-Its-Lines-200-and-300-Projects

According to a press announcement on June 29,  Baker Hughes got a contract to supply electric-powered Integrated Compressor Line (ICL) decarbonization technology and turbomachinery equipment for an upcoming natural gas transmission project by a subsidiary of Tellurian Inc. – Driftwood Pipeline LLC.

Driftwood Pipeline decided that the projects of Lines 200 and 300 would be situated in Beauregard and Calcasieu Parishes in southwest Louisiana and it will be the first time when Baker Hughes installs its ICL technology for pipeline compression in North America.

Lines 200 and 300 will combine an initial four ICL compressors generating 19 megawatts each and other turbo machinery equipment, totalling four compressor trains. Moreover, the project will include a LM6000PF+ gas turbine for backup power at Driftwood's Indian Bayou Compressor Station.

The LM6000PF+ aero-derivative gas turbine combines the latest innovations with the best-proven technologies and operating experience from more than 5,000 aircraft engines with over 450 million flight hours and 1,300 LM6000 units with over 40 million operating hours in the last 30 years.

Joey Mahmoud, president of Tellurian Pipelines, says the company expects that the project will give upwards of 5.5 Bcf of natural gas every day, with virtually no emissions. As a part of the agreement, Tellurian makes the initial $240 million pipeline investment as part of the broader Driftwood Pipeline system, which will keep enhanced supply reliability to meet the area’s projected industrial enlargement in a purer, more sustainable way.

Baker Hughes has installed over 50 ICL units across the different pipeline and offshore applications, mainly in Europe. The compressors exert a reduced environmental footprint because their hermetically sealed casing prevents emissions from obviating. It is important to mention, that they require minimal downtime as magnetic bearings are resulting in more efficient operations and low maintenance.

Using modular gas processing, our turbomachinery solutions can capture flare gas for use as a highly efficient power source. The compression technology upgrades can also help reduce fugitive venting on installed equipment.

Not only do the company's ICL units extend its technology portfolio but also contribute to its mission to minimize the carbon footprint across the natural gas supply chain.

The field-proven ICL zero-emissions integrated compressor combines high-technology components in a simple, robust, and easy-to-operate system that's emission-free and particularly advantageous for applications where high efficiency, small footprint, and low noise are important.

ICL zero-emissions integrated compressors are the ideal product for lifecycle cost optimization. Its simplicity drastically reduces installation time and, with no wear parts and no critical auxiliary system, ICL zero-emissions integrated compressors provide 10 years of maintenance-free operation in clean-gas applications.

Baker Hughes is sure, that the zero-emissions ICL technology is already decreasing the climate footprint of pipeline projects in lots of regions that deliver vital gas supplies and now the company is bringing it to North America, a region crucial to meeting global natural gas demand.

If you are further interested in looking deeper into midstream companies and research more on the “green energy” projects, please, contact our Houston sales office or SCHEDULE A DEMO to learn how Rextag can help you leverage energy data for your business. Tel. +1 713-203-3128 Email: treitmeier@hartenergy.com

$205 Million for Marcellus Assets Divested by Crestwood to Antero

$data['article']['post_image_alt']

Antero Midstream Corp. bought Marcellus assets of Crestwood Equity Partners LP on September 12 for $205 million in cash, signing another sale of noncore assets by the Houston-based company. Crestwood has strategically enhanced its asset portfolio through a series of A&D transactions for the previous 18 months to create a competitive scale in the Williston, Delaware, and Power River basins. The strategy covered acquisitions of Oasis Midstream Partners, Sendero Midstream, and Crestwood Permian Basin Holdings LLC (CPJV), which was a 50:50 joint venture of Crestwood and First Reserve. The assets to be bought cover 72 miles of dry gas gathering pipelines and nine compressor stations with about 700 MMcf/d of compression capacity. The current throughput on the system is approximately 200 MMcf/d, resulting in important available capacity for increase without major capital investment. The deal includes almost 425 undeveloped drilling locations and 120,000 gross dedicated acres from Antero Resources mainly in Harrison County. The acquisition is also anticipated to raise Antero Midstream’s compression capacity by 20% and gathering pipeline mileage by 15%.

Earthstone Expands Due to Acquisition of Titus’ Delaware

$data['article']['post_image_alt']

Earthstone Energy Inc., based in Texas, announced the transaction on June 28: the acquisition of Titus Oil&Gas which will raise production in the Delaware Basin by 26%. The $627 million acquisition fills the Permian Basin in Eddy and Lea counties, N.M. with 86 net locations on 7,900 net acres of leasehold, while it is not clear how much of the leasehold might be on federal acreage It is Earthstone’s seventh acquisition since 2021, a span that includes the closing of approximately $1.89 billion in acquisitions in the Permian Basin. The purchase of Titus Oil & Gas Production LLC and Titus Oil & Gas Production II LLC, privately held companies backed by NGP Energy Capital Management LLC, is estimated at $575 million in cash and it is the equivalent of $52 million in stock (3.9 million shares of its Class A common stock based on the June 24 closing price). Titus shared that its net production in June was 31,800 boe/d. The company had reserves of approximately 28.9 MMboe. Earthstone is sure its net production will increase, at the midpoint, by 20,500 boe/d (65% oil) in the fourth quarter.

$data['article']['post_image_alt']

On January 6, Phillips 66 announced that it plans to acquire more than 43% of DCP Midstream LP for $3.8 billion, expanding the business in the oil & gas business.

$data['article']['post_image_alt']

On January 5 Northern Oil & Gas (NOG) concluded a deal to acquire working interests in Midland-Petro D.C. Partners LLC (MPDC)'s Mascot Project in the Midland Basin, according to a January 9 press release. Firstly estimated at $330 million in cash, the deal was signed with an additional 3.25% working interest added to the 36.7% agreed upon when the transaction was announced on October 19. NOG paid $29 million more for the additional interests, which now totalled 39.958%. Finally, the deal closed for $320 million in cash and $43 million in debt at signing in October with the finance of Minnetonka, Minn.-based NOG with cash on hand, operating free cash flow, and assistance from its revolving credit facility.

$data['article']['post_image_alt']

Talos Energy Inc. is closing its $1.1 billion purchase of private operator EnVen Energy. A special meeting for Talos’ stockholders to vote on the deal and other matters is set on February 8, according to a prospectus filed on January 11 with the Securities and Exchange Commission. Shareholders are being asked to approve the EnVen merger, which as the company considered in September would raise its Gulf of Mexico production up to 40%. According to a January 11 press release, Talos asserted that it anticipates closing the transaction soon after the meeting. Talos Energy Inc. supposes that adding EnVen would double its operated deepwater facility footprint, extending key infrastructure in existing Talos operating areas. More than 80% of the combined assets will be deepwater, with the company operating more than 75% of the acreage it holds interests in. Talos is one of the largest independent operators in the U.S. Gulf of Mexico, with production operations, prospects, leases, and seismic databases spanning the basin in both Deep Water and Shallow Water. The company aims to actively grow through a balanced focus on asset optimization, development, and exploration while also seeking to add to its portfolio through acquisitions and business development.

2022 oil production A&D sector ANR Pipelines Abraxas Petroleum Acquisition Acquisitions Admiral Permian Resources Aera Energy Aethon Energy Alberta Align Midstream LLC Alternative Fuels Ameredev II Anadarko Basin Analysis Analytics Antero Midstream Corp. Antitrust Appalachia to Market and Middlesex Extension project Appalachian Appalachian Basin Appalachian basin ArcLight Capital Partners ArcLight Capital Partners LLC Artesia Natural Gas Gathering and Processing System Asia Assets Acquisition Assets Revenue Assets Sale Assets Value Aviation emissions BOED BP BP Plc BPX Energy Baker Hughes Bakken Bakken Formation Bakken Shale Bakken shale Bankruptcy Bay du Nord Berkshire Hathaway Biodiesel Bison Midstream Blackstone Energy Partners Blackstone Inc. BridgeTex Broom Creek Formation Buyout Firms CCS CO2 reduction Canada Carbon Capture Carbon Footprints Carbon capture and storage Cardinal Midstream Partners Careers in O&G Carl Icahn Cenovus Centennial Resource Development Centennial Resource Development Inc. Cheniere Energy Cheniere Marketing Chesapeake Energy Chesapeake Energy Corporation Chevron Chevron Corp. China Gas Holding LTD. Clay basin Clean Energy Climate Change Coal Colgate Energy Colgate Energy Partners II LLC Colgate Energy Partners III Colorado Comisión Federal de Electricidad Comstock Resources Concho Valley Solar ConocoPhillips Co. Continental Resources Continental Resources Inc. Corpus Christi Costa Azul Coterra Energy Inc. Credit Suisse Group Crescent Energy Crescent Point Energy Corp. Crestwood Equity Partners Crestwood Equity Partners LP Crestwood Permian Basin Holdings LLC Crowheart Energy Crude Oil Crude Prices D-J Basin DCP DCP Midstream DJ Basin DUCs on the Rise Data Debt Restructuration Decarbonization Technology Decarbonized Fuel Delaware Delaware Basin Delaware basin Denver Denver-Julesburg Basin Devon Energy Diamondback Energy Diamondback Energy Inc. Dividends Dominion Energy Dominion Energy Questar Pipeline Double E Pipeline DoublePoint Energy Downstream Market Driftwood Pipeline LLC Drilling Drilling Inventory E&P EIA EIEC EIG EP Energy ESG ESG performance ESG score Eagle Ford Eagle Ford M&As Eagle Ford Shale Earthstone Energy Inc. East Texas Elba Liquefaction Emissions EnCap Flatrock Midstream EnCap Investments EnVen Energy Corp. Enbridge Enbridge Inc Encap Flatrock Midstream Endeavor Gathering Energy Energy Assets Energy Crisis Energy Gas Energy Information Administration Energy Infrastructure Energy M&A deals 2022 Energy M&As Energy Prices Energy Production Energy Projects Energy Transfer Energy Transfer LP Energy Transport Solutions Ensign Natural Resources Enterprise Enterprise Product Operating LLC Enterprise Products Partners Environmental Protection Agency Equinor Energy Ireland Equitrans Midstream Corp. Equity Investments Ethanol Conversion Europe Evolution Petroleum Exaro Energy III Export Exxon Mobil Exxon Mobil Corp. ExxonMobil FireBird Energy LLC Flowing Gas Forecast Fort McMurray G&P GIS GIS NG data GIS U.S. GIS U.S. NG Data GIS U.S. NG data GIS U.S. data Gas Gas Extraction Gas Flaring Gas Holdings Gas Processing Plants Gas Production Gas Rates Gas processing Gathering Gathering and Processing Gathering and Transportation Network Gemini Carthage Glencore Global Emissions Goldman Sachs Grand Prix NGL Pipeline Great River Hydro LLC Great Western Petroleum Greater Green River Green River Basin Greenhouse Gas Emissions Gulf Coast Gulf Run Pipeline map Gulf of Mexico Haynesville Haynesville Basin Haynesville Shale Horizontal Well Humble Midstream Hydraulically Stimulated Resources Hydro-Québec Hydrocarbon Exploration Hydrocarbon Reservoirs Hydrogen IKAV IPO Import Inc. Infrastructure Ironwood Midstream Joint Venture Jonah Field Jordan Cove KKR Kaybob Duvernay Key statistics Kinder Morgan Kinder Morgan Inc. Komipo America LEG project LNG LNG Delivery LNG Demand LNG Terminals LNG delivery LNG exports LNG plant LNG provider LNG-by-rail LP LaBarge Labrador Lake Charles Project Lario Permian LLC Leasehold Properties Leucrotta Exploration Lime Rock Resources Line 3 project Liquefaction Plant Liquefied Natural Gas Liquefied natural gas Liquids and Natural Gas Pipelines LongHorn Louisiana Lucid Energy Group M&A M&As MLPs MPLX LP Magellan Magellan Midstream Partners Mainline Pipeline System Mancos Shale Marathon Oil Corp. Marathon Oil Corporation Marathon Petroleum Marcellus Shale Marcellus region Mariner East Project Mariner east expansion Market Acquisition Of Vine Energy Inc. Mascot Project Matador Medallion Midstream Services Medallion Pipeline Merge Merger Merit SI Methane Emissions Mewbourne Oil Co. Mexico MiQ Mica Midcoast Energy LLC Midcontinent Midland Midland Basin Midland-Petro D.C. Partners LLC Midstream Midstream M&As Midstream NG gathering pipelines Midwest Momentum Midstream LLC Monopoly Mont Belvieu Montana Montney Shale Motiva Enterprises Mountain Valley MountainWest Pipeline NG Pipeline Maps NG U.S. midstream data NG data NG data U.S. NG gathering pipeline systems NG pipeline maps NG3 NGL NGL Energy Partners NGL export NGL logistics NGL pipelines NGL production NGLs NGO NGP NLG Natural Gas Natural Gas Assets Natural Gas Certification Natural Gas Equivalent Natural Gas Gathering Natural Gas Infrastructure Natural Gas Liquids Infrastructure Natural Gas Prices Natural Gas Production Natural Gas Products Natural gas pipelines Navitas Midstream Net Acres Net-zero Production New Fortress New Jersey New Mexico Newco Newfoundland Noble Midstream Partners LP Non-Operated Assets North Dakota North-East Northern Delaware Basin Northern Oil and Gas Northern Oil and Gas Inc. Nuevo Midstream O&G O&G Production O&G output records O&G production forecasting Oasis Midstream Partners Oasis Petroleum Oasis Petroleum Inc. Offshore Oil Oil Equivalent Oil Prices Oil Sanctions Oil and Gas Oil and Gas Production Oil and Gas Properties Oil and Gas production Oil and Gas rigs Oil and gas production Oil companies Oil&Gas Omega Acquisition Inc. Onshore Ontario Teachers’ Pension Plan Operated Wells Orphan Basin Oryx Outrigger DJ Outrigger DJ midstream Oxy PAM PDC Energy PHMSA Pad Activity Monitor Paradox Basin Paramount Resources Ltd. Pearl Energy Investments Pecos River processing plant Pembina Penn Virginia PennEast Pipeline PennEnergy Resources LLC Pennsylvania Percussion Petroleum Permian Permian Basin Permian Basin 2022 Permian Deep Rock Oil Co. Permian Producers Permian Resource Corp. Permian Resources Corp. Permian acreage sale Permian basin Petro-Hunt Petroleum Production Piceance Pine Wave Energy Partners Pinnacle Midstream Pioneer Natural Resources Pipeline Pipeline Maps Pipeline and Hazardous Materials Safety Administration Pipelines Pipelines and Refineries Plains Plains All American Powder River Powder River Basin Power Generation Power Plant Fuel Power River basin Processing plants Production Production Forecast Propane Quantum Energy Partners Questar Pipeline RSG Ranger Oil Rattler Midstream Red Trail Energy RedBird Capital Partners Reduction of Greenhouse Emissions Renewable Diesel Renewable Energy Group Repsol Research Responsibly Sourced Gas Ring Energy Inc. Riverstone Rockcliff Energy Rocky Mountains Rocky mountain SAF SHLX SPA Sabine Pass LNG LP San Mateo Sempra Energy Sendero Midstream Sequestration Shale Shale Field Shale Formation Shale Gas Shale Industry Shale Oil Producer Shareholder Returns Shares Shell Midstream Partners Shell Plc. Shell UAS Sierra Grande Silver Hill Energy Partners III Sinochem Group Sour crude South Carlsbad Natural Gas Gathering System South Haynesville Basin Southcross Energy Southeast Gateway Southern Access expansion Southern Lights Pipeline Southwest Gas Southwest Gas Holdings Southwestern Energy Spain Steel Reef Infrastructure Corp. Sterling DJ Sterling DJ system Stock Market Stonepeak Partners LP Strategic Petroleum Reserve Strategic Resources Stronghold Energy Summit Midstream Summit Midstream Holdings Summit Midstream Partners Summit Midstream Partners LP Summit’s Lane System Sunrise Oil Sands TC Energy TC Energy Corp. TC PipeLines LP TG Natural Resources THQ Appalachia Tailwater Capital Takeaway Talos Energy Inc. Targa Resources Targa Resources Corp. Texas Titus Oil & Gas Production LLC Tokyo Gas Co. Ltd. Trace Midstream TransCanada Transport Permit Transportation Infrastructure Tug Hill Operating U.S. U.S. Gulf Coast U.S. LNG exports U.S. NG data U.S. NG midstream data U.S. NG upstream U.S. NG upstream data U.S. crude exports U.S. crude oil data U.S. energy U.S. energy M&A U.S. energy industry U.S. energy maps U.S. hydrogen production U.S. midstream data U.S. refineries U.S. shale gas assets U.S. upstream data Uinta Uinta Basin Ukraine Upstream Upstream M&As Upstream companies Utah Vermilion Energy Vermont Business Magazine HQI US Holding LLC Vista Pacifico WCS Waha Hub Wamsutter Field War Warburg Pincus Water Management Water management Webinar Well maps Wells West Texas Western Canada Select Western Canadian Sedimentary Basin White House Whiting Whiting Petroleum Wholesale William Companies Williams Williston Williston Basin Willston basin Woodland Midstream II Wyoming XcL Midstream Zacks Consensus Zephyr Energy Acquisition Acreage Acreage maps Acreage sale Acreage sales Acreage valuation Analytics And Phillips 66 Partners And Rockcliff Energy Asset renewal Asset sale Assets merger Atural gas gathering Aviation Aviation fuel Bbl Bioethanol Carbon capture and storage Carbon capture storage (CCS) Carbon footprint Carbon-free Crude Crude export terminals Crude exports to Europe Crude oil Crude oil and natural gas output Crude oil delivery Crude oil production Divestment Drilling activity Drilling permits Dry gas Electrification Emission reduction Emissions Emissions reduction Energy acquisitions Energy deals Energy infrastructure Energy maps Energy market Energy provider Energy services Energy supplies Energy transfer Expansion Exploration & production Financial results Flaring gas Forecast Fuel Gas Gas prices Gas projects Gathering systems Geologic CO2 storage Green energy Greenhouse gas Greenhouse-gas emissions Growth Hydrogen pipeline maps Investment Liquefied natural gas Low emissions Map of pipelines Master limited partnership Merger and acquisition Midstream Midstream footprint Midstream infrastructure Natural gas Natural gas gathering and processing Natural gas maps Natural gas pipelines Natural gas producer Natural gas production Oil Oil & gas Oil and energy Oil and natural gas assets Oil market Oil output Oil prices Oil producers Oil rigs Onshore Partnership Petroleum Petroleum infrastructure Pipeline Pipeline maps Processing plants Produced water Rebranding Renewable energy Renewable energy sources Subsurface CO2 sequestration Subsurface characterization Sustainability The James Lake System The Permian Basin Undrilled locations Upstream Upstream production Water management Well maps Well redevelopment Wells Wet gas Wind energy