Jeremiah Shelor

Billing itself as “the world’s first and only fullstream oil and gas company,” Baker Hughes Inc. and GE Oil & Gas announced Monday that their mega-merger — estimated at $32 billion — is complete.

Further cementing its transformation from producer to midstreamer, Sanchez Midstream Partners LP (SMP) said Wednesday it has reached an agreement to sell certain non-core, non-operated production assets in Texas to an undisclosed private buyer for $6.3 million.

Billing itself as “the world’s first and only fullstream oil and gas company,” Baker Hughes Inc. and GE Oil & Gas announced Monday that their mega-merger — estimated at $32 billion — is complete.

FERC should do more to address the perceived regulatory risk of reporting to price indexes, panelists at a technical conference on natural gas index liquidity and transparency told Commission staff last week.

Halliburton Co. announced Wednesday that it has acquired Tulsa, OK-based Summit ESP, an independent company specializing in electric submersible pump (ESP) technology and services.

FERC should do more to address the perceived regulatory risk of reporting to price indexes, panelists at a technical conference on natural gas index liquidity and transparency told Commission staff Thursday.

The natural gas value chain accounted for nearly 3% of all U.S. gross domestic product (GDP) and non-farm payroll employment in 2015, with the industry’s benefits reaching all 50 states, even those without production, according to a new ICF report backed by the American Petroleum Institute (API).

Natural gas takeaway from the Permian Basin’s Waha Hub still has room to grow on existing pipelines, with “considerable upside” on potential exports across the border to Mexico, according to an analysis by RBN Energy LLC.

Energy Transfer Partners LP on Wednesday again asked FERC to allow it to resume horizontal directional drilling (HDD) at remaining sites along its highly anticipated 3.25 Bcf/d Rover Pipeline Project in Appalachia.