PHMSA proposes crude-by-rail response, data-sharing procedures

The US Pipeline & Hazardous Material Safety Administration proposed new oil spill response and information procedures for high-hazard flammable trains (HHFT) in coordination with the Federal Railroad Administration. Source: News


BHI: Behind big gains in Texas, US rig count jumps 15 units

The US drilling rig count gained 15 units to 462 during the week ended July 22, representing its biggest increase since this week a year ago, according to Baker Hughes Inc. data. Fourteen of the units to come online are oil-directed. Source: News


Silver Run to buy Delaware basin producer

Silver Run Acquisition Corp., Houston, has agreed to acquire a controlling interest in Centennial Resources Production LLC and expects to be renamed Centennial Resource Development Corp. Source: News


Contango acquiring Delaware basin acreage

Contango Oil & Gas Co. has agreed to buy interests in about 12,100 gross undeveloped acres in the southern Delaware basin of Texas from a private oil and gas company for as much as $25 million. Source: News