Statoil Sells Marcellus Stake to Southwestern For $394M

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.

December 23, 2014

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.

July 31, 2013

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.

July 30, 2013

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.

July 17, 2013

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.

July 15, 2013

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.

July 5, 2013

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.

June 27, 2013

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.

June 7, 2013

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.

June 4, 2013

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.

June 3, 2013
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