January '22 Week 3 Newsletter

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View this email in your browser Houston offshore company to acquire Gulf of Mexico assets for $47M W&T Offshore plans to buy shallow-water oil and natural gas assets in the Gulf of Mexico for $47 million. The all-cash purchase from privately held Ankor E&P Holdings and KOA Energy will give W&T 53 producing wells with proven reserves of 5.5 million barrels of oil and natural gas. The all-cash deal is expected to close by the end of the first quarter. Source: houstonchronicle.com Houston's coastal neighbor named No. 2 in Texas for small business Given the multi-tiered economy of Houston and population explosion in Austin, it might be easy to consider these two cities and counties the tops in Texas for small business. However, a new report lists a somewhat surprising county as second overall for small and growing companies Source: houston.culturemap.com Houston traffic stands by its reputation as we come into the new year with more freeway construction One of Houston's biggest attractions to out-of-staters is the continuous new construction and communities that keep growing every year.  Source: abc13.com Real estate transactions: Energy commodity trading firm buys Westchase office building BioUrja Group, a Houston-based energy and agricultural commodity trading and supply group led by CEO Amit Bhandari, purchased 1500 CityWest... Source: houstonchronicle.com Industry Tips, Tools, & Resources  AI-resource planning and workforce intelligence for project-based teams. Learn More Easy-to-use collaboration tool. Secure unlimited messaging free. Learn More Accelerate work and unlock potential with apps that connect your workflows and teams. Learn More

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