Lagoon Water Midstream announced Monday that it has closed on the acquisition of Double Drop Resources, a water management company located in the Midland Basin. With ongoing support from Macquarie Infrastructure Partners, this acquisition significantly expands Lagoon’s operations and establishes it as a multi-basin water management company with a presence in the heart of …
September 20, 2021 archive
Earthquakes shake northern Oklahoma
At least three earthquakes, the largest at 4.1 magnitude shook northern Oklahoma Sunday evening. So far, there are no reports of injuries or damage. The U.S. Geological Survey recorded the quakes around 5:30 p.m. and their epicenters were located a few mile east of the community of Nescatunga in Alfalfa County. The weakest of …
North Dakota loses status as 2nd biggest oil producer
Energy leaders in North Dakota seems to think that the development of underground storage of carbon emissions might more than offset the loss of the state’s status as the second biggest oil producer in the U.S. The Bismarck Tribune reports the carbon storage momentum might offset the disappointment of officials to recent word that …
Energy news in brief
** Canadian-based PetroTal Corp. announced the completion of its fourth horizontal well in Peru’s Bretana oil field, a well producing 7,600 barrels of oil a day over a ten-day period. ** C F Industries, which uses hydrogen and nitrogen to make fertilizers and other products, said it has halted operations at its U.K. manufacturing complexes due …
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