Oil, gas in Permian Basin continues to grow in New Mexico and Texas
Domestic oil opened the week trading at about $80 a barrel, continuing to trend higher than pre-pandemic price points in the $50 to $65 range.
Source: currentargus.com
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Cardinal Midstream Closes Purchase of Delaware Basin Natural Gas Assets
Purchase of Medallion Midstream’s Delaware Basin natural gas gathering and processing business adds to Cardinal’s portfolio.
United States Doug Dormer Cardinal Midstream Partners Medallion Midstream Delaware Basin Encap Flatrock
Source: hartenergy.com
Cardinal Midstream acquires Medallion's Delaware gas business
Cardinal Midstream Partners has wrapped the acquisition of natural gas gathering and processing assets Medallion Midstream Services in Texas.
United States Randy Lentz Doug Dormer Medallion Midstream Services Medallion Midstream Service Martin Adams
Source: offshore-technology.com
Cardinal Midstream Wins One-Step Auction for Medallion Assets
Cardinal Midstream strikes quickly with a gas gathering and processing deal six months after receiving an equity commitment from EnCap Flatrock.
United States Doug Dormer Lucid Energy Delaware Riverstone Holdings Medallion Midstream Targa Resources Corp
Source: thedeal.com
DFW Scores Another HQ Relocation With Stadium Food Delivery App StadiumDrop
Plus: Mark Cuban becomes first owner in new pickleball league; Newly formed Cardinal Midstream makes natural gas acquisition; and more.
Source: dmagazine.com
Cardinal to buy Medallion's Delaware Basin natural gas business
Cardinal Midstream Partners has agreed to acquire gas gathering and processing business in the Delaware Basin from Medallion Midstream.
Source: offshore-technology.com
EnCap Flatrock Midstream commits $300M to new firm
Cardinal Midstream Partners, a newly formed independent midstream company based in Dallas, announced Thursday that it has secured an initial capital commitment of $300 million from EnCap Flatrock Midstream.
Source: journalrecord.com
Cardinal Midstream to Pursue 'Hybrid Strategy' with $300 Million Encap Flatrock Commitment
Led by industry veteran Doug Dormer, Cardinal Midstream Partners is focused on natural gas gathering and processing and congruent carbon capture and sequestration acquisition and development opportunities across North America.
United States Doug Dormer Encap Flatrock Midstream Dallas Based Cardinal Midstream Partners North America Private Equity
Source: hartenergy.com
Industry veterans secure funding for new gas midstream company
Cardinal Midstream will pursue gas, CCS opportunities across North America.
Source: naturalgasworld.com