Basins

Linn Energy LLC, which is almost 60% weighted to natural gas, last week agreed to pay $154.5 million to build its leasehold in the Permian and Anadarko basins — for the oil. The news mirrors recent announcements by other gas-heavy explorers that have begun buying up property to build their oil reserves.

Linn Energy LLC, which is almost 60% weighted to natural gas, on Tuesday agreed to pay $154.5 million to build its leasehold in the Permian and Anadarko basins — for the oil. The news mirrors recent announcements by other gas-heavy explorers that have begun buying up property to build their oil reserves.

Spurred on by production from prolific unconventional shale basins and tight sands, as well as anticipated market growth from electric generation and industrial sectors, as much as $210 billion in investment in pipelines, storage and midstream infrastructure will be required over the next two decades to meet long-term supply and demand needs, a new INGAA Foundation report estimates.

Spurred on by production from prolific unconventional shale basins and tight sands, as well as anticipated market growth from electric generation and industrial sectors, as much as $210 billion in investment in pipelines, storage and midstream infrastructure will be required over the next two decades to meet long-term supply and demand needs, a new INGAA Foundation report estimates.

Energy Capital Partners (ECP) has formed Summit Midstream Partners LLC to acquire and develop midstream assets in traditional and emerging North American production basins and import centers with an initial focus on the Barnett Shale.

Energy Capital Partners (ECP) has formed Summit Midstream Partners LLC to acquire and develop midstream assets in traditional and emerging North American production basins and import centers with an initial focus on the Barnett Shale.

As predicted, the near completion of Rockies Express Pipeline (REX) is delivering both pain and gain to gas supply basins, Bentek Energy LLC has found.

As predicted, the near completion of Rockies Express Pipeline (REX) is delivering both pain and gain to gas supply basins, Bentek Energy LLC has found.

U.S. producers are planning to direct more capital spending to drill on the Outer Continental Shelf (OCS) and in onshore natural gas basins, but they are not averse to investing in alternative energy to help the country transition away from fossil fuels, according to Deloitte LLP’s annual oil and natural gas industry survey.