December 3, 2018 archive

Bison Wraps Up Acquisition of S&S Star Water Solutions

Oklahoma City-based Bison Oilfield Services recently closed its acquisition of S&S Star Water Solutions, a water infrastructure business operating in the state’s SCOOP, STACK and Merge plays, according to a report published by The Oklahoman. Financial terms were not disclosed. Bison’s website identifies the energy services company as “the largest privately held energy services company …

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NGL Energy Partners Completes Sale of Bakken Saltwater Disposal Business to Tallgrass Energy

Tulsa-based NGL Energy Partners LP has completed the sale of NGL Water Solutions Bakken, LLC to an affiliate of Tallgrass Energy, LP for $91 million in cash proceeds, according to a company press release issued on Monday. In mid November, the company revealed it would exit the Bakken saltwater disposal business to focus on other …

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Vectren Merger with CenterPoint Energy to be Completed in 1Q 2019

A Houston energy company with Oklahoma ties is finalizing its merger with an Indiana company. Back in April, CenterPoint Energy announced that it would acquire Vectren Corp. The newly expanded company will continue as CenterPoint Energy with its headquarters office in Houston. The $6 billion deal is expected to close in the first quarter of …

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SemGroup and DCP Midstream Seeking Commitments for Gladiator Pipeline from Cushing to Houston

    Tulsa-based SemGroup Corporation and Denver-based DCP Midstream, LP are teaming up to commence an open season process to solicit binding commitments in developing a new pipeline system to transport segregated, light batches of crude oil originating in Cushing, Oklahoma and terminating in Houston, Texas, according to a joint press release issued on Monday. All …

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