Thursday, December 26, 2024
Six pipeline companies cut $1.9 billion from their 2020 budgets- oil and gas 360

Six pipeline companies cut $1.9 billion from their 2020 budgets

Houston Chronicle   Six pipeline operators have cut a combined $1.9 billion from their 2020 budgets as record low oil prices and weakened demand from the coronavirus dampens plans for new projects, a new research note from Houston energy investment banking firm Simmons Energy reported. Noble Midstream Partners, Rattler Midstream, Targa Resources, EnLink Midstream, Oneok and Pembina Pipeline made the

Noble Midstream announces President and Chief Operating Officer- oil and gas 360

Noble Midstream announces President and Chief Operating Officer

Oil and Gas 360 Noble Midstream Partners LP (NASDAQ: NBLX) (the “Partnership” or “Noble Midstream”) announced that Robin H. Fielder was appointed President and Chief Operating Officer of Noble Midstream and Senior Vice President, Midstream, of Noble Energy, Inc. (NASDAQ: NBL), effective January 13, 2020. She will report to Brent Smolik, the Partnership’s CEO, who is also President and Chief Operating

Control of Infrastructure Shifting in the Permian

Crude, NGL, Natural gas pipeline ownership changing By Richard Rostad, analyst, Oil & Gas 360 Several Permian midstream assets changed hands today, changing the landscape for producers that are only now seeing relief from the punishing differentials of 2018. EPIC Midstream, which is building a crude and NGL pipeline transporting production from the Permian to the Gulf, has seen ownership

Noble Midstream Plans for 50/50 Delaware Basin Venture

Noble Midstream Partners LP (ticker: NBLX) announced on Tuesday that it has entered into a letter of intent with Salt Creek Midstream LLC to provide infield gathering infrastructure in the Delaware Basin. The goal is to establish a strategically located asset in the Delaware Basin, and to expand intermediate crude and oil infield gathering, extending into the Advantage Pipeline System.

Noble Midstream IPO Could Open the Doors to Capital for Other MLPs

Noble Midstream Partners receives more than anticipated for IPO Noble Energy (ticker: NBL) announced a public offering for its MLP subsidiary Noble Midstream Partners (ticker: NBLX) last week with the hope of garnering an offer price between $19.00 and $21.00 roughly 10 months after the company postponed an IPO of the same assets. Today, Noble announced that it received $22.50

Encana

Noble Postpones IPO of Midstream MLP

Noble Energy sites weak markets Houston-based Noble Energy (ticker: NBL) announced today that it will postpone an IPO of its wholly owned subsidiary Noble Midstream Partners, which the company planned to list on the New York Stock Exchange with the ticker NBLX. According to Noble, the company made the decision “as a result of unfavorable equity market conditions.” Noble said