Structural basin

Northwoods Energy LLC Announces Strong Production Results from Multiple Stacked Targets in the Powder River Basin in Wyoming

Retrieved on: 
Tuesday, January 7, 2020

Ryan Birkenfeld, President and CEO of Northwoods stated, The Powder River Basin is a world-class basin containing multiple highly economic oil-weighted pay targets.

Key Points: 
  • Ryan Birkenfeld, President and CEO of Northwoods stated, The Powder River Basin is a world-class basin containing multiple highly economic oil-weighted pay targets.
  • Our recent well results demonstrate the prolific, stacked resource potential of the basin.
  • Northwoods Energy LLC is an upstream oil & gas company based in Denver, CO and has over 190,000 net acres in the Powder River Basin in Wyoming.
  • Northwoods is backed by investment funds affiliated with Apollo Global Management, Inc. and the Northwoods management team.

Oilfield Water Logistics Doubles Footprint in Delaware Basin

Retrieved on: 
Monday, January 6, 2020

Oilfield Water Logistics (OWL), a leading provider of produced water infrastructure solutions in the Permian and Powder River Basins, today announced it has acquired a portfolio of operating assets in New Mexico (the System) from a major Permian Basin oil producer (the Seller), including 23 saltwater disposal wells and 300 miles of water gathering pipelines.

Key Points: 
  • Oilfield Water Logistics (OWL), a leading provider of produced water infrastructure solutions in the Permian and Powder River Basins, today announced it has acquired a portfolio of operating assets in New Mexico (the System) from a major Permian Basin oil producer (the Seller), including 23 saltwater disposal wells and 300 miles of water gathering pipelines.
  • This acquisition complements our current operations in the Northern Delaware Basin, doubling OWLs footprint and enhancing our capabilities and long-term value proposition for customers, said Chris Cooper, Chief Executive Officer of OWL.
  • E&P companies increasingly face operational and logistical challenges related to the transportation, re-use and disposal of produced water.
  • Founded in 2014, OWLs growing midstream water infrastructure platform in the Permian and Powder River Basins provides essential infrastructure supporting oil production across the midstream water value chain, including produced water gathering, transportation, re-use and disposal.

Milestone’s Expansion Continues; Opens Big Spring Facility in Northern Midland Basin

Retrieved on: 
Tuesday, December 17, 2019

The Big Spring slurry injection facility in Howard County, serving the northern Midland Basin, is located eight miles north of Big Spring, near the intersection of U.S. Highway 87 and FM 1584.

Key Points: 
  • The Big Spring slurry injection facility in Howard County, serving the northern Midland Basin, is located eight miles north of Big Spring, near the intersection of U.S. Highway 87 and FM 1584.
  • (Photo: Business Wire)
    The Big Spring facility, Milestones eighth slurry injection facility in Texas and fifth in the Permian Basin, is now accepting drilling, completion, and production waste streams, as well as providing full-service truck washouts and frac tank washouts.
  • The opening of Milestones Big Spring facility comes on the heels of a successful opening of its first landfill facility in Orla, Texas, earlier this month.
  • Our newest facility in Big Spring is conveniently located in close proximity to rig sites in the northern Midland Basin, addressing the demand for waste disposal solutions in this high-producing area.

Tectonic Setting and Gondwana Basin Architecture in the Indian Shield, Vol 4 - Developments in Structural Geology and Tectonics - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 26, 2019

The "Tectonic Setting and Gondwana Basin Architecture in the Indian Shield, Vol 4.

Key Points: 
  • The "Tectonic Setting and Gondwana Basin Architecture in the Indian Shield, Vol 4.
  • Developments in Structural Geology and Tectonics" book from Elsevier Science and Technology has been added to ResearchAndMarkets.com's offering.
  • Tectonic Setting and Gondwana Basin Architecture in the Indian Shield, Volume Four, is the newest book in the Problems and Solutions in Structural Geology and Tectonics series from Elsevier, and is a synthesized monograph on the tectonic settings of Gondwana basins of India.
  • Tectonic Setting of Rewa Basin, its Sub-basins, Coal Characters and Magmatic Activity
    View source version on businesswire.com: https://www.businesswire.com/news/home/20191126005385/en/

Brigham Minerals, Inc. Schedules Third Quarter 2019 Conference Call for November 8, 2019

Retrieved on: 
Wednesday, October 23, 2019

Additionally, Brigham Minerals plans to participate in the following investor conferences:

Key Points: 
  • Additionally, Brigham Minerals plans to participate in the following investor conferences:
    Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States.
  • Brigham Minerals assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the Denver-Julesburg (DJ) Basin in Colorado and Wyoming, and the Williston Basin in North Dakota.
  • The Companys primary business objective is to maximize risk-adjusted total return to its shareholders by both capturing organic growth in its existing asset as well as leveraging its highly experienced technical evaluation team to continue to acquire minerals.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20191023005656/en/

XRI Announces New Delaware Basin Water Infrastructure Supersystem

Retrieved on: 
Tuesday, August 20, 2019

XRI Holdings, LLC (XRI or the Company), a leading water midstream company with owned infrastructure throughout the Permian Basin, announced today the completion of its Northern Delaware Basin Supersystem with water pipeline infrastructure spanning more than 125 miles throughout the core areas of development activity in New Mexicos Lea and Eddy Counties.

Key Points: 
  • XRI Holdings, LLC (XRI or the Company), a leading water midstream company with owned infrastructure throughout the Permian Basin, announced today the completion of its Northern Delaware Basin Supersystem with water pipeline infrastructure spanning more than 125 miles throughout the core areas of development activity in New Mexicos Lea and Eddy Counties.
  • This Delaware Basin system expansion complements the Companys existing Delaware Basin infrastructure situated in Texas Reeves and Loving Counties which serves multiple customers under multi-year contracts.
  • XRI is also in discussions with additional Delaware Basin producers to grow system capacity and non-potable water supplies over time.
  • XRI has established the leading third-party water infrastructure system in the Midland Basin and the expansion of our Delaware Basin footprint represents a natural extension of our Companys asset base and a commitment to provide economical, environmentally responsible, long-term water solutions to our customers throughout the Permian Basin.

Northern Oil and Gas, Inc. Announces Departure of President and Founder

Retrieved on: 
Thursday, August 1, 2019

Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that Michael Reger, Northerns Founder, President and Chairman Emeritus, is departing the company to pursue opportunities outside the Williston Basin.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE American: NOG) today announced that Michael Reger, Northerns Founder, President and Chairman Emeritus, is departing the company to pursue opportunities outside the Williston Basin.
  • In addition, Mr. Reger will be available to assist Northern in the transition under a consulting arrangement through March 2020.
  • It has been an honor and privilege to help build Northern into a top-tier oil producer in the Williston Basin over the last 13 years.
  • Northern does not undertake any duty to update or revise any forward-looking statements, except as may be required by the federal securities laws.

Brigham Minerals, Inc. Schedules Second Quarter 2019 Conference Call for August 9, 2019

Retrieved on: 
Tuesday, July 30, 2019

The Company is presenting on August 13 at 10:30 a.m. Mountain Time

Key Points: 
  • The Company is presenting on August 13 at 10:30 a.m. Mountain Time
    Brigham Minerals is an Austin, Texas based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States.
  • Brigham Minerals assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the Denver-Julesburg (DJ) Basin in Colorado and Wyoming, and the Williston Basin in North Dakota.
  • The Companys primary business objective is to maximize risk-adjusted total return to its shareholders by both capturing organic growth in its existing asset as well as leveraging its highly experienced technical evaluation team to continue to acquire minerals.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20190729005778/en/

Alliance Resource Partners, L.P. Announces Agreement to Acquire Permian Basin Oil and Gas Mineral Interests

Retrieved on: 
Monday, June 24, 2019

Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that it has entered into a definitive agreement to acquire oil and gas mineral interests from Wing Resources LLC and Wing Resources II LLC (collectively, "Wing") for a cash purchase price of $145.0 million.

Key Points: 
  • Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that it has entered into a definitive agreement to acquire oil and gas mineral interests from Wing Resources LLC and Wing Resources II LLC (collectively, "Wing") for a cash purchase price of $145.0 million.
  • "Todays announcement reflects ARLPs commitment to build its oil and gas minerals segment as a growth platform for the future," said Joseph W. Craft III, Chairman, President and Chief Executive Officer.
  • Following the acquisition of Wings assets, ARLP will directly own approximately 51,000 net royalty acres concentrated in the Permian Basin (47.0%), SCOOP/STACK (40.0%), Bakken (8.0%) and Appalachian Basin (5.0%).
  • ARLP generates royalty income from mineral interests it owns in premier oil and gas producing regions in the US, primarily the Anadarko, Permian, Williston and Appalachian basins.

Crestwood Acquires Williams’ 50% Interest in Powder River Basin Joint Venture and Provides Updated 2019 Outlook

Retrieved on: 
Wednesday, April 10, 2019

The acquisition of Williams interest is a continuation of Crestwoods strategy to expand its operational footprint in its core growth basins.

Key Points: 
  • The acquisition of Williams interest is a continuation of Crestwoods strategy to expand its operational footprint in its core growth basins.
  • Consolidating the Jackalope assets positions Crestwood for long-term growth in the prolific Powder River Basin by supporting Chesapeake Energys (NYSE: CHK) and other producer customers long-term development plans.
  • The transaction, which was not subject to regulatory approval, is closed with an effective date of April 9, 2019.
  • Based upon the acquisition of the Powder River Basin joint venture, Crestwoods revised 2019 guidance is provided below.