In this week's video: Blackstone will buy EagleClaw Midstream, the largest privately-held midstream operator in the Delaware Basin, for $2 billion, representing another sign that Permian infrastructure A&D activity is starting to pick up. Also, an USGS assessment of the Haynesville and Bossier formations outstripped earlier estimates of the Marcellus and Utica shale plays.
In addition, Hart Energy's Energy Capital Conference this week revealed expectations for robust A&D activity for 2017 as companies continue to reposition their portfolios, similar to ConocoPhillips' recent $3 billion sale of its San Juan Basin assets to Hilcorp.
- Blackstone's $2 Billion Adds EagleClaw Midstream In Delaware Basin
- USGS: Haynesville, Bossier Gas Resources Largest Ever Examined
- Energy Capital Conference: Five Questions For A Wells Fargo Deal Maker
- Private Equity’s Next Big Thing May Be E&Ps’ Last Big Thing
- ConocoPhillips Sells San Juan Assets To Hilcorp For $3 Billion