Silver Run Acquisition Corp. II plans to merge with Alta Mesa Holdings and Kingfisher Midstream to form a $3.8 billion company in Oklahoma’s STACK shale play. If the transaction is approved, the new company will be called Alta Mesa Resources Inc. …read more
The energy sector – and oil field services in particular – is changing and reacting to news every day. Check here often as we post the latest news and insight of importance to the industry.
The EIA’s monthly Drilling Productivity Report will now include the Anadarko Basin of Oklahoma and Texas, increasing the report”s coverage to 87 percent of all active onshore rigs. The Marcellus and Utica formations will be treated as one region. …read more
Five environmental groups are the target of a lawsuit filed in federal court by Energy Transfer Equity LP and Energy Transfer Partners LP. The company alleges that the organizations “incited, funded, and facilitated crimes and acts of terrorism.” …read more
4 AM Midstream LLC has announced that it has acquired midstream oil and gas gathering assets from White Star Petroleum, LLC, an independent oil and natural gas exploration and production company, to strengthen its reach in the STACK play. …read more
A frack sand supply giant just got bigger. U.S. Silica Holdings Inc. has agreed to acquire a Missouri sand mining and supply company for $95.4 million. …read more