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Core

BP Expanding in GOM Deepwater

As the supermajor gets back to business in the Gulf of Mexico (GOM) deepwater, one of its core areas, BP plc executives are hopeful that they can complete “in a few days” the $7.8 billion settlement tentatively reached last month with thousands of individuals and businesses that were impacted by the April 2010 Macondo well blowout, Chairman Carl-Henric Svanberg said Thursday at the company’s annual meeting.

April 16, 2012

Equal Takes Atlas as Partner in Mississippian Lime

Atlas Resource Partners LP (ARP) has entered into a joint venture (JV) agreement with subsidiaries of Canada’s Equal Energy Ltd. in the core area of the Mississippian Lime, a formation in Oklahoma and Kansas rich in oil and natural gas liquids (NGL).

April 9, 2012

TransCanada Touts Mainline Loyalists

A core of customers is staying loyal to TransCanada Corp.’s troubled natural gas Mainline from Alberta to Ontario, Quebec, and border crossings into the United States, the beleaguered transporter said.

December 12, 2011

TransCanada Touts Mainline Loyalists

A core of customers is staying loyal to TransCanada Corp.’s troubled natural gas Mainline from Alberta to Ontario, Quebec, and border crossings into the United States, the beleaguered transporter said.

December 12, 2011

Crestwood CEO: Shales the Right Place for a Midstream MLP

Crestwood Midstream Partners LP is a bit of an anomaly in the midstream sector as it is focused exclusively on shale plays, CEO Robert Phillips told financial analysts Tuesday. It’s the only partnership that does so, save for the much larger Chesapeake Midstream Partners, he said.

December 8, 2011

Comstock to Pay $332.7M for Delaware Basin Acreage

Comstock Resources Inc. has established a new core area in the Delaware Basin in West Texas, agreeing to pay Eagle Oil & Gas Co. $332.7 million for approximately 68,000 gross (44,000 net) acres in Reeves County, TX, the Frisco, TX-based company said. The deal is expected to close by the end of this month.

December 8, 2011

Talisman Favoring Eagle Ford Over Marcellus

Believing natural gas and oil prices will stay at their current levels “for a while,” Talisman Energy Inc. could shift money from the Marcellus and Montney shales to the Eagle Ford Shale next year as its focuses on liquid-rich plays, CEO John Manzoni said Wednesday.

November 7, 2011

EPA, DOI, DOE Each Studying New Fracking Rules

How many U.S. government agencies does it take to frack a well?

November 4, 2011

Wyoming Reports on Fracking Chemical Monitoring

Under a state regulatory process established a little more than a year ago for hydraulic fracturing (fracking), Wyoming has determined that trade secret compounds involving 146 separate chemicals, but not the chemicals themselves, have been granted confidentiality by the state Oil and Gas Conservation Commission (OGCC).

August 29, 2011

Noble, CONSOL Partner in Marcellus

Noble Energy Inc. on Thursday added the Marcellus Shale to its core U.S. holdings after securing a $3.4 billion deal with CONSOL Energy Inc. that gives it half of a 663,350 net-acre leasehold in Pennsylvania and West Virginia, including existing wells and midstream infrastructure.

August 19, 2011