Norway’s Statoil ASA has agreed to sell its average working interest (WI) in more than a half million non-operated acres in the Marcellus Shale to Southwestern Energy Corp. for $394 million.
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EnerJex Adds DJ Basin to Texas, Kansas Holdings
EnerJex Resources Inc. has agreed to acquire privately held Black Raven Energy Inc., a Denver-based company with more than 75,000 net acres leased in the Denver-Julesburg (DJ) Basin.
Questar Unit Adding More Wyoming Natural Gas Assets
Questar Corp.’s exploration and production subsidiary on Monday agreed to pay $106.4 million to bolt-on more natural gas wells to an existing leasehold in Wyoming.
EQT Midstream Unit Adds Sunrise to Appalachian System
EQT Midstream Partners LP agreed to pay up to $650 million for Appalachian-focused Sunrise Partners LP and a new transportation agreement, the company said Monday.
Consol’s WV Water Treatment Plant a Coal Mine Legacy
Consol Energy Inc. has opened a water treatment plant near Mannington, WV, that will be used to treat up to 3,500 gallons per minute of water from coal mines, some of which could be put to use in hydraulic fracturing (fracking) operations in the area.
Gastar Sharpens Hunton Limestone Focus with Sale
Gastar Exploration Ltd. is selling about 76,000 net acres in Kingfisher and Canadian counties in Oklahoma for $62 million and also agreed to swap acreage with the undisclosed buyer so that both might concentrate their positions, the company said Tuesday.
Summit Midstream to Expand Bakken Gathering System
Summit Midstream Partners LLC plans to significantly expand its crude oil and water gathering system in North Dakota’s Williams and Divide counties in the Bakken Shale, the Dallas-based partnership said.
Boulder, CO, Enacts Permit Drilling Moratorium, Water Ban
The Boulder City Council in Colorado on Tuesday night unanimously agreed to impose a one-year moratorium on issuing new drilling permits, and it adopted on first reading a ban to use or sell water for oil and gas extraction.
Kodiak Acquires Acreage, Production in Williston Basin
Kodiak Oil & Gas Corp. has agreed to purchase 42,000 net acres and associated production in North Dakota’s Williston Basin for $660 million in cash from Liberty Resources LLC.
Gas Processing Capacity Expanding in Utica’s Southern Core
To support rapidly expanding drilling programs in the Utica Shale’s southern core, MarkWest Utica EMG LLC on Friday agreed to construct a third 200 MMcf/d cryogenic natural gas processor at the Seneca complex in Noble County, OH.