Oneok's Pipeline to Denver

Oneok to expand piplines for $480mm, expanding capacity from Kansas to Denver; Occidental clears FTC scrutiny for CrownRock deal; US oil inventories drop by nearly 5 million barrels WoW; Wood Mackenzie: National oil company M&A spend at 20-year low.

Author

Rob Quigley
July 19, 2024

by VSO Petroleum Consultants. Oil and Gas industry news for those in the deal flow (Investors and A&D Professionals). Your daily source for the latest A&D/M&A news, industry news, and expert interviews.

First Things First:

Oneok to expand piplines for $480mm, expanding capacity from Kansas to Denver.

ONEOK to Build New Pipeline, Expand Capacity from Kansas to Denver

ONEOK plans to build a 230-mile refined products line from western Kansas to the Denver International Airport as part of a $480 million network upgrade.

www.hartenergy.com/exclusives/oneok-build-new-pipeline-expand-capacity-kansas-denver-209839

Occidental clears FTC scrutiny for CrownRock deal.(Hart Energy)

Wood Mackenzie: National oil company M&A spend at 20-year low.(World Pipelines)

US oil inventories drop by nearly 5 million barrelsWoW.(Rigzone)

VSO is the go-to consulting firm for buy-side technical due diligence. We can handle all your technical evaluations or can be your spare capacity when you need overflow help. If you’re in the deal flow, let’s work together.

Daily Headlines

  • Occidental clears FTC scrutiny to close $1.2B CrownRock deal.(Hart Energy)

  • Alberta wildfires threaten 500,000 bpd of oil sands production.(World Oil)

  • US oil inventories drop by nearly 5 million barrels WoW.(Rigzone)

  • Wood Mackenzie: National oil company M&A spend at 20-year low.(World Pipelines)

  • Satellite images show large oil slick in Red Sea post-Houthi attacks.(Rigzone)

  • Chesapeake Utilities cleared to build three RNG plants in Florida.(Rigzone)

  • QatarEnergy joins Chevron in Surinameexploration block.(World Oil)

  • Namibia prepares to become a major new oil hotspot.(Oil and Gas 360)

  • Hurricane Beryl cancels 10 Freeport LNG cargoes.(OilPrice)

  • Bolivia's YPFB to invest $400M in new gas discovery.(Brazil Energy Insight)

Deal Flow

M&A/Investment

  • Oneok to expand piplines for $480mm, expanding capacity from Kansas to Denver.(Hart Energy)

  • Energy Transfer and Sunoco announce Permian Basin JV.(V&E)

  • Tenaz Energy Corp to acquire NAM Offshore B.V. assets for $246mm.(Oil and Gas 360)

  • QatarEnergy acquires stake in Suriname Block from Apache.(Offshore Technology)

  • Candor Energies signs LNG agreement with Kazakhstan.(Offshore Technology)

  • Shore Capital acquires 12.8% of UK Oil & Gas.(TipRanks)

IPO/Direct Listing/Issuances/Block Trades

  • SM Energy offers senior notes to fund $2B XCL Resources deal.(Hart Energy)

Debt

  • No deals that match this criteria.

SPAC

  • No deals that match this criteria.

Bankruptcy/Restructuring/Distressed

  • No deals that match this criteria.

Fundraising

  • No deals that match this criteria.

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