Archives for September 2018
Report: More than $90 billion in deals made in Permian Basin since 2013
The Permian Basin has been the hottest shale play in the U.S. for years according to a new report. Source: FuelFix
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Energy Transfer, Magellan and more team up for Permian pipeline project
Pipeline giants Energy Transfer Partners, Magellan Midstream Partners and others are teaming up on a new, 600-mile Permian pipeline system to Houston. Source: FuelFix
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Gasoline prices falls after most expensive summer since 2014
Gasoline prices in Houston fell 3 cents per gallon during the past week, according to a survey of local gasoline stations by GasBuddy, which tracks fuel prices. Houstonians paid an average of $2.55 per gallon...
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Southwestern Energy selling Arkansas shale for $1.9B
Financially struggling Southwestern Energy said Tuesday it is selling its core Fayetteville shale assets in Arkansas for nearly $1.9 billion in cash to a private equity-backed startup. Source: FuelFix
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Transocean buying Ocean Rig in $2.7B deal
Transocean said it will pay $2.7 billion to acquire rival Ocean Rig as the offshore drilling sector continues to consolidate in the wake of the recent oil bust. Source: FuelFix
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