Sunday, December 1, 2024

Steve Chazen’s Magnolia Assets: Q1 2018 Results

TPG Pace Energy Holdings Corp. (ticker: TPGE), an energy-focused special purpose acquisition entity led by former Occidental Petroleum Corporation CEO Steve Chazen, disclosed certain financial and operating results for the first quarter of 2018 for the Karnes County and Giddings Field assets (the Magnolia assets) that TPGE is under definitive agreements to acquire from affiliates of EnerVest, Ltd. The Magnolia

Cushing oil storage tanks -oilandgas360

U.S. Oil Exports Take Complex Route to Foreign Markets

Exports hit all-time high last week U.S. exports of crude oil are on the rise, and has surpassed 2 MMBOPD in three of the past four weeks, according to the EIA. Preliminary data suggests the U.S. exported 2,566 MBOPD last week, an all-time high. Overall crude exports have averaged just under 1.7 MMBOPD this year, representing rapid growth. The country