Announced

ConocoPhillips U.S. Unconventionals Trio Delivers 42% Output Increase

ConocoPhillips U.S. Unconventionals Trio Delivers 42% Output Increase

ConocoPhillips leaseholds in the Eagle Ford and Bakken shales, along with the Permian Basin, together boosted their year/year output by 42% in the first quarter, management said Thursday.

April 29, 2013

Newly Installed Interior Secretary Launches Inaugural GOM Lease Sale

Newly installed Interior Secretary Sally Jewell Wednesday announced that more than 21 million acres will be offered offshore Texas in the Western Gulf of Mexico (GOM) in a federal lease sale in August for oil and natural gas exploration and development.

April 25, 2013

New Fractionators to Handle Eagle Ford NGLs

LyondellBasell has contracted with TexStar MidStream Services LP for TexStar to install two natural gas liquids (NGL) fractionation units next to affiliate Equistar Chemicals LP’s Corpus Christi, TX, plant. The units will process NGLs from the Eagle Ford Shale.

April 15, 2013

Industry Briefs

Air Liquide Large Industries U.S. LP announced two projects in Freeport, TX, for its Gulf Coast pipeline and hydrogen/syngas businesses. The first project went on-line in March and has increased the supply of hydrogen purification and compression capacity to Air Liquide’s hydrogen pipeline system. The second project is expected to go online in 2014 and involves the construction of a new liquid oxygen storage and vaporization facility at the Freeport air separation unit complex to supply oxygen to the Gulf Coast pipeline network. This new installation represents an increase of nearly 25% over current storage and vaporization capacities on the networkd. Hydrogen gas is used by refiners to produce cleaner burning fuels, among other industrial uses. Government regulations calling for reductions in fuel emissions have increased demand for hydrogen. Growth in industrial gas demand is also anticipated as a result of the cost advantages resulting from low-priced natural gas, the company said.

April 11, 2013

Gastar Buys Oklahoma Acreage, Repurchases Stock from Chesapeake

Gastar Exploration Ltd. announced a three-way deal with Chesapeake Energy Corp. on Monday, in which Gastar purchased proven reserves in the prospective Hunton Limestone formation in Oklahoma, as well as close to 10% of its common stock. The companies also agreed to settle outstanding litigation.

April 2, 2013

Kinder Expanding Project for Eagle Ford Crude

Kinder Morgan Energy Partners LP (KMP) and BP North America have struck a long-term, fee-based agreement supporting an additional 50,000 b/d of throughput capacity at a condensate processing facility KMP is constructing on the Houston Ship Channel.

April 1, 2013

API’s Durbin Taking Reins of ANGA

America’s Natural Gas Alliance (ANGA) last Wednesday announced that Martin J. Durbin, a top lobbyist at the American Petroleum Institute (API), has been named president and CEO, effective May 1. Durbin comes to ANGA after serving as executive vice president at API, where he led advocacy efforts on behalf of the oil and gas industry (see related story).

April 1, 2013

API Official Taking Helm of ANGA on May 1

America’s Natural Gas Alliance (ANGA) Wednesday announced that Martin J. Durbin, a top lobbyist at the American Petroleum Institute (API), has been named president and CEO, effective May 1. Durbin comes to ANGA after serving as executive vice president at API, where he led advocacy efforts on behalf of the oil and gas industry.

March 28, 2013

PA DEP Chief Krancer Quits; Interim Replacement Criticized

Pennsylvania Gov. Tom Corbett announced Friday that Michael Krancer, secretary of the state Department of Environmental Protection (DEP), will step down on April 15 and return to practice law in Philadelphia. But the decision to replace him on an interim basis with the governor’s deputy chief of staff is being derided by Krancer’s predecessor, John Hanger.

March 25, 2013

Krancer Quits Pennsylvania DEP; Interim Chief Slammed

Pennsylvania Gov. Tom Corbett announced Friday that Michael Krancer, secretary of the state Department of Environmental Protection (DEP), will step down on April 15 and return to practice law in Philadelphia. But the decision to replace him on an interim basis with the governor’s deputy chief of staff is being derided by Krancer’s predecessor, John Hanger.

March 25, 2013