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Targa Shifting from Crude Assets to Lower 48 Natural Gas Projects

Targa Shifting from Crude Assets to Lower 48 Natural Gas Projects

Targa Resources Corp. brought online a handful of expansion projects in the third quarter, with the bulk of the expansions taking place in the Permian Basin, management said during a conference call to discuss 3Q2019 earnings.

November 13, 2019
Targa Ramps Up Lower 48 Natural Gas Projects, Sheds Crude Assets

Targa Ramps Up Lower 48 Natural Gas Projects, Sheds Crude Assets

Targa Resources Corp. brought online a handful of expansion projects in the third quarter, with the bulk of the expansions taking place in the Permian Basin, management said during a conference call to discuss 3Q2019 earnings.

November 12, 2019
Colorado Drilling Regulations May Cause ‘Significant Delays’ in Permitting, Says PDC

Colorado Drilling Regulations May Cause ‘Significant Delays’ in Permitting, Says PDC

Changes to the way oil and natural gas drilling is permitted in Colorado may lead to “significant delays” in permitting and other necessary approvals for developing the Wattenberg field in the Denver-Julesburg (DJ) Basin, according to PDC Energy Inc. management.

November 11, 2019

Oasis Adds to Permian Leasehold, Sells in Williston

Houston-based Oasis Petroleum Inc. completed multiple bolt-on acquisitions during the third quarter in order to beef up its assets in the Permian Basin’s Delaware sub-basin.

November 11, 2019

Cimarex Looking to Expand in Anadarko Basin Amid Attractive Discounts

Denver-based Cimarex Energy Co. is exploring opportunities to pick up additional interest in the Anadarko Basin at a discount as other operators are buckling under budgetary discipline and underperformance in the play, management said Tuesday in a conference call to discuss third quarter earnings.

November 7, 2019
HighPoint’s DJ Production Lifts 3Q Output 24% Year/Year

HighPoint’s DJ Production Lifts 3Q Output 24% Year/Year

Denver-Julesburg (DJ) Basin pure-play HighPoint Resources Corp. produced 36,946 boed/d in the third quarter, 10% above the midpoint of guidance, management reported along with earnings results Monday.

November 6, 2019

Gulfport Energy Sells Bakken Assets, Weighs More Small Sales

Gulfport Energy Corp. inked a deal to sell noncore assets in the Bakken Shale for $8 million, management announced along with the third quarter earnings results.

November 5, 2019

Elk Creek Could Relieve Flaring, Boost North Dakota Production, Oneok Says

Tulsa, OK-based Oneok Inc.’s Elk Creek natural gas liquids (NGL) pipeline could rapidly bring gas flaring in the Bakken formation under control once it ramps up to full capacity, company executives said on a conference call last week. The expected drop in flaring could, in turn, boost output in North Dakota.

November 4, 2019
Elk Creek Could Bring North Dakota Flaring Back Under State Mandates, Oneok Says

Elk Creek Could Bring North Dakota Flaring Back Under State Mandates, Oneok Says

Tulsa, OK-based Oneok Inc.’s Elk Creek natural gas liquids (NGL) pipeline could rapidly bring gas flaring in the Bakken formation under control once it ramps up to full capacity, company executives said on a conference call Wednesday.

November 1, 2019
Tallgrass Pushes Back Cheyenne Projects In-Service to 2Q2020, Secures More Contracts

Tallgrass Pushes Back Cheyenne Projects In-Service to 2Q2020, Secures More Contracts

Tallgrass Energy LP has pushed back the completion of the roughly $213 million Cheyenne Connector and the $133 million Cheyenne Hub Enhancement to the second quarter of 2020, but the delay could be its last with Federal Energy Regulatory Commission certificates in hand as of September.

November 1, 2019
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