Agreements

Targa Resources Partners LP has made an anchor commitment to DCP Midstream LLC’s Sandhills Pipeline, DCP said Monday. The long-term agreements provide for an interconnection of Sandhills to a new delivery point with Targa’s Cedar Bayou Fractionators LP facility at Mont Belvieu, TX.

Kinder Morgan Energy Partners LP (KMP) is buying Petrohawk Energy Corp.’s half of the companies’ Haynesville Shale midstream joint venture, KinderHawk Field Services, and also acquiring a 25% interest in Petrohawk’s gas gathering and treating business in the Eagle Ford Shale, the companies said.

Rep. Glenn “GT” Thompson (R-PA) said he supports exporting surplus Marcellus Shale gas to China and other countries that do not have free trade agreements with the U.S., and also backs the concept of exporting liquefied natural gas (LNG) from a port in Maryland.

Rep. Glenn “GT” Thompson (R-PA) said he supports exporting surplus Marcellus Shale gas to China and other countries that do not have free trade agreements with the U.S., and also backs the concept of exporting liquefied natural gas (LNG) from a port in Maryland.

Encana Corp.’s latest quarterly profits took it on the chin because of low natural gas prices, but the Calgary producer is responding with a realignment by transferring proven gas shale technology to liquids plays, advertising for partners to share costs in gassy northeast British Columbia (BC), and quietly acquiring an oily leasehold in Alberta’s Duvernay Shale.

Houston’s Newfield Exploration Co. has signed two separate agreements totaling $308 million that will add about 70,000 net acres to its unconventional oil and gas holdings in Utah’s Uinta Basin.

Federal agencies and the natural gas industry should provide communities newly affected by shale drilling activity with the kind of research needed to better understand those affects, according to Christopher Smith, the Department of Energy’s deputy assistant secretary for oil and natural gas.

DCP Midstream LLC has struck long-term agreements with Pioneer Natural Resources USA Inc., Reliance Eagleford Upstream Holding LP and Newpek LLC (combined known as Pioneer JV) to provide midstream services to handle liquids-rich production from the Eagle Ford Shale in South Texas.

Enterprise Products Partners LP has struck 10-year agreements to handle “a substantial portion” of Chesapeake Energy Corp.’s liquids-rich gas production in the Eagle Ford Shale in South Texas.