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Corp

EQT Midstream Pays Big for SW PA Gathering System

EQT Midstream Partners LP said late Wednesday it would acquire the Jupiter natural gas gathering system in southwest Pennsylvania from affiliate EQT Corp. for a larger-than-expected purchase price of $1.18 billion.

May 1, 2014

U.S. Onshore Operators Building Reserves Warehouse of Liquids Prospects

Operators focused on crude oil and liquids reserves growth are building warehouses of prospects for future exploration, according to Topeka Capital Markets.

March 25, 2014

Oxy is California Dreamin’ About Monterey Shale

California’s Occidental Petroleum Corp. (Oxy) is eyeing 7 billion bbl of reserves from the Monterey Shale and other projects in the state, the management team said Tuesday.

August 2, 2013

U.S. Onshore Drives Anadarko’s Global Production

Boosted by its growing U.S. onshore business, Anadarko Petroleum Corp. reversed year-ago losses in the second quarter and reported production gains in most of its domestic plays.

July 31, 2013

Questar Unit Adding More Wyoming Natural Gas Assets

Questar Corp.’s exploration and production subsidiary on Monday agreed to pay $106.4 million to bolt-on more natural gas wells to an existing leasehold in Wyoming.

July 30, 2013
Whiting Eyes Ramp Up in Niobrara, Bakken

Whiting Eyes Ramp Up in Niobrara, Bakken

Denver-based Whiting Petroleum Corp. officials said Friday they expected to greatly ramp up production in both the Bakken and Niobrara shale plays later this year as they reported production for the second quarter that was up substantially from the same period in 2012.

July 30, 2013

BOP May Have Ignited Offshore Gas Well

Federal regulators, working with Walter Oil & Gas Corp., said Friday they were continuing to oversee and coordinate response efforts to secure the producer’s South Timbalier Block 220 natural gas well in the shallow Gulf of Mexico (GOM), which blew out last Tuesday and ignited a fire later that night.

July 29, 2013

EQT Achieves 1 Bcfe/d in Appalachian Output

Hours ahead of EQT Corp.’s second quarter conference call on Thursday, the company tied into sales its first Utica Shale well, the CEO said.

July 29, 2013

Cabot Sees More Marcellus Market Connections Coming

Thanks to the Marcellus Shale, Houston-based Cabot Oil & Gas Corp. recently completed the best quarter in its history on an operational and financial basis, said CEO Dan Dinges. The company is adding a sixth rig in the play as it anticipates multiple infrastructure projects will come online in the months ahead, increasing the ability to get its gas to markets.

July 29, 2013

ENGlobal Wins Contract for Ohio Cryogenic Plant

ENGlobal Corp. has been awarded a $5 million contract to provide engineering and procurement support services for a cryogenic processing plant being built in Carroll County, OH, and owned by Utica East Ohio Midstream LLC (UEO).

July 29, 2013