Saturday, July 19, 2025

PRB

Crestwood Doubles Infrastructure Bet in U.S.’s Fastest-Growing Basin

$485 million deal brings Jackalope system wholly under Crestwood’s control The Powder River Basin has caught the attention of midstream companies, as Crestwood Equity Partners (ticker: CEQP) consolidated its position in the play this week. Crestwood will acquire Williams’ interest in Jackalope Gas Gathering Services, a major PRB system, for $485 million. The purchase means Crestwood is now the sole

Tallgrass Energy, Kinder Morgan to Increase PRB, DJ Crude Oil Takeaway

New venture will transport crude oil from the Powder River, DJ, Williston, Western Canada to Cushing System to take 800,000 barrels per day (bpd) of light crude oil and 150,000 bpd of heavy crude to Cushing, provide near term relief for Canadian shippers Tallgrass Energy, LP (stock ticker: TGE) and Kinder Morgan, Inc. (stock ticker: KMI) have an agreement in

PRB Deals May Signal ‘Next Big Thing’ as Companies Look Past the Permian

From Reuters NEW YORK/HOUSTON (Reuters) – Oil companies looking for the next big find are wading into the Powder River Basin of Wyoming, where pipelines are not congested and land is cheaper than in Texas’ Permian Basin, the world’s fastest-growing oil producing region. A series of largely undisclosed land deals is fueling interest in its conventional and shale formations, according

Northwoods Energy Receives $850 Million Commitment for PRB Play

Northwoods is buyer of SM Energy’s PRB acreage; Apollo commits up to $850 million of funding Northwoods Energy LLC, a portfolio company of certain funds managed by affiliates of Apollo Global Management, LLC (ticker: APO), has plans to acquire SM Energy’s core Powder River Basin assets (read more below). The acquisition is comprised of over 112,200 predominantly contiguous net acres