ArcLight to Pay $332M for Sempra’s Mississippi, Alabama Natural Gas Storage Facilities

Sempra Energy on Thursday said it has reached an agreement to sell some U.S. natural gas storage facilities to private equity investor ArcLight Capital Partners LLC for $332 million.

January 3, 2019

ArcLight Creating Appalachia-Focused E&P with ECA Purchase

ArcLight Capital Partners LLC said Thursday it has acquired privately held Energy Corporation of America (ECA) and a trove of natural gas assets in the Appalachian Basin to form an exploration and production (E&P) company. The purchase price was not disclosed.

November 30, 2017

American Midstream’s Friendly Tie-Up with JP Energy to Combine Onshore, Offshore NatGas-Heavy Enterprise

American Midstream Partners LP agreed Monday to merge with JP Energy Partners LP in a unit-for-unit transaction valued at $2 billion, which would create an enterprise with natural gas and oil pipelines and processing capacity stretching from the deepwater Gulf of Mexico (GOM) into the Permian Basin and through the Eagle Ford and Bakken shales.

October 24, 2016

Rex Energy Sells Appalachian Water Subsidiary

Rex Energy Corp. has agreed to sell its 60% stake in water distribution subsidiary Keystone Clearwater Solutions LLC in a deal expected to net the company $66 million.

June 22, 2015
PVA Unloads Eagle Ford Midstream as It Focuses on E&P

PVA Unloads Eagle Ford Midstream as It Focuses on E&P

Penn Virginia Corp. (PVA) is selling substantially all of its Eagle Ford Shale natural gas midstream assets to a newly-formed affiliate of ArcLight Capital Partners LLC for gross cash proceeds of $100 million.

December 16, 2013

Anadarko Backing Eagle Ford Pipeline Extension

Net Midstream’s Eagle Ford Midstream LP plans to construct a 105-mile, 24- and 30-inch diameter extension of its existing pipeline, supported by a long-term gas transportation agreement with Anadarko Petroleum Corp.

March 26, 2012

Industry Briefs

The Arkoma Connector pipeline, a joint venture of MarkWest Energy Partners and ArcLight Capital Partners, went into operation in mid-July with little fanfare. But Denver-based MarkWest plans to put the focus on its new pipeline during its earnings conference Tuesday. Asked if Arkoma Connector was running at full capacity yet, MarkWest Treasurer Dan Campbell said, “We haven’t disclosed that,” but noted that the company would talk more about the pipeline’s operations at the earnings conference. The pipeline extends from the outlet of a treating plant in northeast Oklahoma 50 miles in a southeasterly direction to near Bennington, OK, where it connects with the Midcontinent Express and Gulf Crossing systems. Arkoma Connector, which was approved by the Federal Energy Regulatory Commission in late 2008, has the capability to deliver 625,000 Dth/d out of the Woodford Shale area to the Bennington area (see Daily GPI, Nov. 14, 2008).

August 5, 2009