Compression

Lower 48-focused Kodiak Gas Services LLC, the largest privately owned natural gas contract compression company in the country, is preparing to go public with an offering that could fetch a valuation of nearly $1.7 billion. Based in Montgomery, TX, about 50 miles northeast of Houston, Kodiak is proposing to sell 16 million shares through an…

A UGI Corp. subsidiary is adding more than 47 miles of natural gas pipeline to its portfolio in Appalachia with the $190 million purchase of midstream assets from Stonehenge Energy Holdings LLC. The deal to acquire Stonehenge Appalachia LLC also includes associated compression assets, along with gathering capacity of 130 MMcf/d, all located in Butler…

USA Compression Partners LP (USAC), which treats and transports natural gas in the U.S. onshore, is expanding its reach and doubling its horsepower in an estimated $1.8 billion deal with Energy Transfer Partners LP.

FERC has approved Kinder Morgan Inc.’s request to abandon 964 miles of natural gas service on the Tennessee Gas Pipeline (TGP) system in another step toward repurposing the stretch to deliver Appalachian natural gas liquids (NGL) to the Texas Gulf Coast.

A portion of the decades-old and underutilized High Island Offshore System (HIOS) in the Gulf of Mexico (GOM) could live again as a component of Delfin LNG LLC’s proposed deepwater floating liquefied natural gas (LNG) export facility, which could be the nation’s first such facility.

More than two dozen gas distribution systems, let by the Municipal Gas Authority of Mississippi (MGAM), have filed a protest urging FERC to require Tennessee Gas Pipeline Co. (TGP) to justify its proposal to charge system fuel and electric compression rates as part of a proposed looping project on TGP’s 300 Line.

GE Oil & Gas is buying Cameron’s reciprocating compression business for $550 million in a deal intended to leverage the expansion of shale gas development worldwide.

The decision by EQT Corp. to award Valerus Compression Services LLC a contract to build the components for two compression stations in southwestern Pennsylvania could attract interest by other operators, a Valerus executive said Wednesday.

EQT Gathering LLC’s request for a limited certificate to provide jurisdictional compression service through the nonjurisdictional Derry Compressor Station planned for Westmoreland County, PA, has been given the green light by FERC. Commissioners also approved a waiver of all filing and reporting requirements that would otherwise apply as a result of EQT providing interstate service.