2012

Atlas Pipeline Partners LP stepped deeper into the Eagle Ford Shale in South Texas on Tuesday with a $1 billion cash agreement to buy privately held Teak Midstream LLC, a natural gas gathering and processing operator.

Booming shale plays in the United States have proved to be more than transformational domestically, according to Jeff Welch, head of North American Gas for EDF Trading North America — they are having “mind-boggling” implications worldwide.

Oneok Partners LP has completed three projects that are part of an ongoing growth program worth roughly $5 billion. The partnership’s Bakken NGL Pipeline, Stateline II gas processing facility and new ethane header pipeline have all entered service, the partnership said Tuesday.

Department of Energy (DOE) Secretary-designate Ernest J. Moniz fielded questions about his position on hydraulic fracturing (fracking), natural gas exports and climate change during his confirmation hearing Tuesday before the Senate Energy and Natural Resources Committee.

Two workers were killed and three others hospitalized Friday morning in an oil well blowout in the Bone Spring tight sands formation in West Texas, near Barstow.

ProPublica, a nonprofit corporation that pursues investigative journalism on matters of public interest, is criticizing former Pennsylvania Gov. Ed Rendell and the New York Daily News for failing to disclose Rendell’s ties to natural gas-related businesses in a pro-industry editorial.

Former Pennsylvania Gov. Ed Rendell urged New Yorkers — and, by extension, New York Gov. Andrew Cuomo — to embrace high-volume hydraulic fracturing (HVHF) in their state, adding that they have “the chance to play a major part in [the] revolution” of U.S. energy independence.

While New Mexico’s natural gas-rich San Juan Basin turned up another declining year of natural gas production in 2012, at least one exploration and production (E&P) company is “encouraged” by results so far this year.

While Mexico’s gas-rich San Juan Basin turned up another declining year of natural gas production in 2012, state officials and some exploration and production (E&P) companies are maintaining interest in the state’s overall oil, liquids and gas businesses.