Amassing

Development Trumps Acquisitions in 2011 E&P Spending

During a year in which producers shifted their spending away from natural gas and toward oil and away from amassing acreage to developing what was previously acquired, “everything was up,” Ernst & Young LLP’s Charles Swanson, Houston managing partner, told reporters in Houston last week at a briefing on the company’s latest U.S. exploration and production (E&P) benchmark study.

June 25, 2012

Development Trumps Acquisitions in 2011 Producer Spending

During a year in which producers shifted their spending away from natural gas and toward oil and away from amassing acreage to developing what was previously acquired, “everything was up,” Ernst & Young LLP’s Charles Swanson, Houston managing partner, told reporters in Houston Tuesday at a briefing on the company’s latest U.S. exploration and production (E&P) benchmark study.

June 20, 2012

Kinder Morgan Takes Another Bite of Trailblazer

Kinder Morgan Energy Partners LP (KMP) continued amassing gasassets yesterday, buying an indirect 33.3% interest in TrailblazerPipeline from an affiliate of Columbia Energy Group for $38 millionin cash. The move comes only a week after Kinder Morgan Inc. (KMI),parent of the general partner in KMP, announced plans to transfer$700 million in former KN Energy assets to the company, includinganother 33.3% share in Trailblazer.

December 21, 1999