The level of growth and demand from producers in the Permian Basin provides Delek Logistics with the “confidence” to move forward with the acquisition of 3Bear Energy, CEO Uzi Yemin says.
ConocoPhillips’ Eagle Ford Shale leasehold in DeWitt and Lavaca counties, Texas, is being marketed as the company also looks to offload 280,000 net acres in the Anadarko Basin.
Houston-based Liberty Lift’s acquisition of Elite Lift Solutions and Powder River Hydraulics include facilities in Dickinson and Williston, North Dakota, as well as Gillette, Wyoming.
The Southcross Energy acquisition follows recent comments made by Targa CEO Matt Meloy that the company was actively looking at “bolt-on or tuck-in acquisitions” across its footprint with a couple of caveats.
Whiptail Midstream also plans to build out gathering infrastructure for DJR Energy as it develops its acreage in the Gallup oil window of the San Juan Basin, says CEO Josh Lamberton.