Salt Lake City, UT-based Savage, a supply chain solutions company, on Tuesday introduced bulk material handling and rail transloading services at the Ohio Commerce Center (OCC) in Lordstown, OH.
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Baker Hughes Inc.’s North American activity is predicted to be steady this year compared with 2012, but customers still remain cautious about what’s ahead, CEO Martin Craighead said Wednesday. Canadian projects also are posing “near-term risks,” he said.
The Marcellus Shale Coalition (MSC) announced this week that Chesapeake Energy Corp. vice president of government affairs Dave Spigelmyer has been re-elected as the organization’s chair. Randy Albert (COO, Gas Operations, CONSOL Energy), Scott Roy (vice president, Government and Regulatory Affairs, Range Resources Corp.) and John Mollenkopf (senior vice president and COO, MarkWest Energy Partners) were re-elected as vice chair, treasurer and secretary, respectively. The 2013 executive board members are: Dave Cannon, deputy general counsel, Government and Environmental Affairs, EQT Corp.; Jeff Kupfer, senior advisor, Policy and Government Affairs, Chevron; Heather Lamparter, vice president, Legal, EXCO Resources (PA), LLC; Craig Mayer, general counsel, Pennsylvania General Energy; Gary Smith, vice president and general manager, EOG Resources; and Jack Williams, president, XTO Energy. John Bonn, president of NiSource Midstream Services, NiSource Gas Transmission & Storage, and Terry Bossert, senior vice president, Environment & Regulatory Affairs, Chief Oil & Gas, were elected by their peers to serve as at-large members of the Executive Board. Formed three years ago as an organization tasked with addressing issues regarding the production of natural gas from the Marcellus and Utica Shale plays, the MSC has grown to a diverse, member-driven organization representing virtually every business segment along the robust shale supply chain in the region.
Supply chain solutions company Savage has completed a terminal near Trenton, ND, with direct connection to BNSF Railway’s main line track, to gather crude oil from the Williston Basin and Bakken Shale and facilitate its transport to refinery markets.
EagleClaw Midstream Services LLC, which provides natural gas and crude oil producers in the Permian Basin with gathering, compression, treating, processing and transportation services, has secured a $100 million equity commitment from EnCap Flatrock Midstream of San Antonio (see Shale Daily, Aug. 2). The company, headquartered in Midland, TX, is pursuing greenfield and acquisition opportunities in the region. EagleClaw is led by President Robert Milam, COO Curtis Clark and Executive Vice President of Commercial Development Charles S. Kuss. “While it has been one of the most prolific basins in North America for a long time, there has been a dramatic resurgence over the past year or two, and it’s more active than ever before,” Milam said of the Permian. “There are more than 500 rigs at work in the area, and production is reaching new highs.”
Malaysian national oil company Petronas plans to combine its liquefied natural gas (LNG) expertise with the unconventional resources abilities of Calgary-based Progress Energy Resources Corp. by acquiring Progress in a deal worth C$5.5 billion including debt. The combined enterprise would deliver Canadian natural gas to world markets.
National Oilwell Varco Inc. (NOV), which supplies rig technology components and supply chain systems, reported Wednesday that quarterly profits surged from a year ago as operators continued to boost their spending for drilling know-how to compete in more difficult-to-extract basins.
National Oilwell Varco Inc. (NOV), which supplies rig technology components and supply chain systems, reported Wednesday that quarterly profits surged from a year ago as producers boosted their budgets for technology to compete in more difficult-to-extract basins.
Addressing opposite ends of the value chain in natural gas transportation, Cummins Inc. and separately, GP Strategies Corp. on Wednesday announced advancements in natural gas vehicle (NGV) engines and fueling infrastructure.