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Permian Basin sees uptick in oil and gas activity, market recovers past $50 per barrel

.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... Two major natural gas developments were announced in the Permian Basin as fossil fuel market continued to recover from COVID-19 pandemic with oil prices crossing the $50 per barrel threshold for the first time since the health crisis began in early 2020. In April 2020, just months after COVID-19 was ...
Saudi Arabia Yoakum County United States New Mexico Adrian Hedden J Greg Sargent

Pinnacle Greenlights Permian Natural Gas Gathering System with 'Expansion in Mind'

Pinnacle Greenlights Permian Natural Gas Gathering System with ‘Expansion in Mind’ Pinnacle Midstream II LLC has sanctioned a new-build natural gas gathering and compression system in the Permian Basin anchored by a 15-year gathering, processing and purchasing agreement with Doublepoint Energy LLC. The Dos Picos gathering system in the Midland sub-basin of West Texas is expected to enter service in the second quarter of 2021, Pinnacle said Tuesday. The system was designed “with expansion ...
Yoakum County United States Ceoj Greg Sargent Robert Liddell Campo Viejo Doublepoint Energy

Stakeholder Midstream Acquires Santa Fe Midstream's Gas Gathering and Processing Assets Located in Yoakum County, Texas

Share: Stakeholders natural gas and crude oil systems serve producers working in the San Andres formation in West Texas and Southeast New Mexico Stakeholder Midstream, LLC, ("Stakeholder") announced today it has acquired gas gathering and processing assets from Santa Fe Midstream, LLC ("Santa Fe"). Located in Yoakum County, Texas, the assets include Santa Fes 30-30 Gas Treating and Processing Plant, low-pressure gas gathering pipelines, downstream residue and NGL lines, and a long-term acreage ...
New York United States Yoakum County San Antonio New Mexico Flat Rock

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