Aggregate

Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by NGI’s Shale Daily of 2012 Form 552 buyer and seller filings with FERC.

The Crestwood and Inergy companies are merging to create a $7 billion midstream business that will serve numerous big-name North American unconventional plays with existing assets and additional infrastructure to be developed or acquired, they said Monday.

PAA Natural Gas Storage, parent of Pine Prairie Energy Center, on Monday said it successfully completed a nonbinding open season for bids on an aggregate of 12.5 Bcf of firm storage capacity with a starting date of April 1 during 2015, 2016 and 2017.

Commercial natural gas storage services have commenced at the Ryckman Creek Gas Storage Facility in Uinta County, WY, and customers have begun injecting gas at an aggregate rate exceeding 230 MMcf/d, Ryckman Creek Resources LLC said Tuesday.

A “golden age” is on the horizon for natural gas across the globe, but only if the world’s unconventional resources, including shale, tight gas and coalbed methane, are developed profitably and in an environmentally acceptable manner, the International Energy Agency (IEA) said in a sweeping report on Tuesday.

Companies that trade less than an aggregate of $8 billion in swaps annually during an initial phase-in period will not be caught up in many of the Commodity Futures Trading Commission’s regulations issued as a result of the Dodd-Frank Wall Street Reform Act, according to a final rule approved last Wednesday. The Commission also clarified that end-users would be exempt.

Companies that trade less than an aggregate of $8 billion in swaps annually during an initial phase-in period will not be caught up in many of the Commodity Futures Trading Commission’s regulations issued as a result of the Dodd-Frank Wall Street Reform Act, according to a final rule approved Wednesday. The Commission also clarified that end-users would be exempt.

SemGroup Corp. on Monday soundly rejected a $1.24 billion takeover bid by Plains All American Pipeline LP, calling the offer “opportunistic” and failing to reflect the company’s “bright prospects.”

Rex Energy is reporting a 104% annual increase in natural gas production for 2010, primarily on increased gas sales from its Sarsen Plant in Butler County, PA.