Completed

BLM’s Proposed Frack Rule ‘Spells Trouble’ for Oil and Gas Industry

The Bureau of Land Management’s (BLM) proposed rule to require companies to publicly disclose chemicals used in hydraulic fracturing (fracking) operations on federal and Indian lands would duplicate regulations already in place in states where BLM lands are located, according to several comments filed with the agency over the past six weeks.

July 13, 2012

EPA, BLM Extend Comment Deadlines on Proposed Frack Rules

The Environmental Protection Agency (EPA) has extended by 45 days the comment period for its proposed guidance to oil and natural gas producers on using diesel fuel in hydraulic fracturing (fracking) “in response to requests from several stakeholders.” The Bureau of Land Management (BLM) on Wednesday also extended the comment period for its proposed fracking rule, setting the new date of Sept. 10.

July 12, 2012

Voyager, Emerald Combo Strengthens Rockies Unconventional Focus

Denver-based explorer Voyager Oil & Gas Inc. on Tuesday agreed to buy a unit of Australia’s Emerald Oil & Gas NL in a deal that would create a U.S.-based Rocky Mountains operator focused on established and emerging unconventional oil and natural gas plays.

July 11, 2012

Industry Briefs

As had been expected, the acquisition of Australia’s Eureka Energy Ltd. by Aurora Oil & Gas Ltd. is to be completed, Aurora said in a letter to Eureka shareholders. Both companies have acreage in the Eagle Ford Shale of South Texas. Eureka has three core assets with a combined net acreage position of 6,742 acres, all focused on the Eagle Ford, according to the Australian company’s website. “The assets are at different levels of maturity throughout the value chain, from ongoing production and development, appraisal and development to initial technical development,” the company said. Aurora participates in multiple separate joint ventures that form a contiguous land position totaling 76,989 acres that sit at the heart of the Eagle Ford, according to the company (see Shale Daily, July 3; May 1).

July 6, 2012

Global Infrastructure Takes over Chesapeake Midstream

Global Infrastructure Partners (GIP) has completed its first multi-asset transaction with Chesapeake Energy Corp. to acquire the profitable midstream businesses, closing Monday on the $2 billion acquisition of Chesapeake Midstream Partners LP (CHKM).

July 3, 2012

Piedmont Opens Pipeline to Serve Progress Energy Power Plant

Piedmont Natural Gas has completed its Wayne County Pipeline Project, which will provide natural gas delivery service to a new gas-fueled combined-cycle power plant at Progress Energy’s H.F. Lee Energy Complex near Goldsboro, NC, the company said Monday.

June 5, 2012

Kinder Wraps $38B El Paso Deal; ‘Bullish’ on Gas Future

Wrapping up the $38 billion acquisition that has been called a “once in a lifetime transaction,” Kinder Morgan Inc. (KMI) on Thursday completed its acquisition of El Paso Corp., creating the largest midstream and the fourth largest energy company in North America, owning an interest in or operating approximately 75,000 miles of pipelines and 180 terminals with an enterprise value of more than $90 billion.

May 28, 2012

Kinder Wraps $38B El Paso Deal; ‘Bullish’ on Gas Future

Wrapping up the $38 billion acquisition that has been called a “once in a lifetime transaction,” Kinder Morgan on Thursday completed its acquisition of El Paso Corp., creating the largest midstream and the fourth largest energy company in North America, owning an interest in or operating approximately 75,000 miles of pipelines and 180 terminals with an enterprise value of more than $90 billion.

May 25, 2012

Kinder Morgan Completes $38B El Paso Mega-Acquisition

Wrapping up the $38 billion acquisition that has been called a “once in a lifetime transaction,” Kinder Morgan on Thursday completed its acquisition of El Paso Corp., creating the largest midstream and the fourth largest energy company in North America, owning an interest in or operating approximately 75,000 miles of pipelines and 180 terminals with an enterprise value of more than $90 billion.

May 25, 2012

New Mexico Completes Initial Hearings on ‘Pit Rule’

New Mexico has completed initial hearings on a request from the state’s two main energy industry groups that the “pit rule” be modified to make it more cost effective. The hearings are scheduled to continue June 20 in Santa Fe, NM.

May 22, 2012
1 6 7 8 9 10 68