Two Calgary-based companies announced Tuesday that they will construct a 77-mile pipeline lateral in North Dakota to transport liquids-rich gas from the Bakken Shale to the Midwest for processing.
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Ohio Chamber Commissions Study on Shale Drilling
The Ohio Chamber of Commerce is partnering with three universities in the state to conduct an economic impact study on shale development.
Ohio Governor Taps Former Industry Executive to Jobs Post
In a new push for development of the Marcellus and Utica shales, Ohio Gov. John Kasich has appointed former Ohio Department of Natural Resources (ODNR) Director David Mustine to a top post with JobsOhio, Kasich’s new private, nonprofit corporation designed to spur job creation and economic development.
Williams Pursuing Southern Union
Southern Union Co. is seeing its dance card beginning to fill up after Williams arrived late Thursday bearing a more lucrative merger package than one offered earlier this month by Energy Transfer Equity LP (ETE).
W&T Makes Permian Onshore Play
W&T Offshore Inc. has made a “transformative acquisition” to grow reserves and production by agreeing to acquire about 21,900 gross leasehold acres (21,500 net acres) for $366 million in the West Texas Permian Basin in Gaines, Dawson, Andrews and Martin counties, the company said last week.
W&T Makes Permian Onshore Play
W&T Offshore Inc. has made a “transformative acquisition” to grow reserves and production by agreeing to acquire about 21,900 gross leasehold acres (21,500 net acres) for $366 million in the West Texas Permian Basin in Gaines, Dawson, Andrews and Martin counties, the company said Tuesday.
Shell Takes Stake in Wheatstone LNG Project
Royal Dutch Shell plc is taking a bigger bet on future growth of liquefied natural gas (LNG) by agreeing to become a natural gas supplier and equity partner in Chevron Corp.’s Wheatstone, one of two mega projects now under way in Australia.
Williams Partners Buys Cabot’s Marcellus Gathering System
Williams Partners LP grabbed more business in the Marcellus Shale late Thursday after agreeing to pay Cabot Oil & Gas Corp. $150 million for 75 miles of gathering pipelines and two compressor stations in Susquehanna County, PA.
Chevron Grabs Million-Plus Acres in U.S. Shale Basins
Chevron Corp., which had eschewed domestic shale plays in favor of the deepwater, on Tuesday reversed course, agreeing to pay a total of $4.3 billion to acquire Atlas Energy Inc.’s million-acre-plus U.S. shale leasehold.
Concho Expands New Mexico Footprint with Marbob Acquisition
Concho Resources Inc. on Tuesday expanded its natural gas and oil holdings in the Permian Basin of New Mexico after agreeing to buy privately held Marbob Energy Corp. for $1.65 billion.