Dedicated

General Electric (GE) on Wednesday unveiled plans for a $110 million Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector, which in turn would allow products to be brought to market faster.

Laying out a blueprint for how small- and medium-sized businesses can take advantage of the opportunities provided within the current U.S. natural gas development boom, the Marcellus Shale Coalition (MSC) has released the second in a series of recommended practices aimed at bolstering the Marcellus Shale region’s supply chain.

Enogex has agreed to acquire natural gas midstream pipeline assets with dedicated rights to gather and process production from a large acreage position in the Granite Wash, Tonkawa and Marmaton plays of northwestern Oklahoma, the company said Friday.

SemGas LP has signed an agreement with Eagle Energy Co. to gather and process natural gas from its dedicated acreage in Region 1 of the Anadarko Basin in northern Oklahoma, the Tulsa-based SemGroup Corp. The agreement includes the installation of a 30 MMcf/d cryogenic plant in Hopeton, OK facility to support Eagle’s drilling activities into the Mississippi and Hunton geological formations. SemGas will continue to support Eagle’s drilling activity from its Nash, OK facility with further expansion capabilities available as needed, the company said. Founded in 2009, Eagle focuses on acquiring and drilling properties in the Mid-Continent. Its primary activity focuses on horizontal drilling in the Mississippian formation, where it has a leasehold position exceeding 50,000 acres and production weighted 60% oil. Eagle also has more than 50,00 net acres (primarily gas) in the Hunton Lime and Woodford Shale resource plays.

A severance tax should be levied on natural gas drilling in Pennsylvania — including the state’s prolific Marcellus Shale area — with the revenues dedicated to conservation, local governments, Pennsylvania’s Fish and Boat Commission and Game Commission, according to a coalition of environmental, conservation and sporting groups, municipal officials and state legislators.

A severance tax should be levied on natural gas drilling in Pennsylvania — including the state’s prolific Marcellus Shale area — with the revenues dedicated to conservation, local governments, Pennsylvania’s Fish and Boat Commission and Game Commission, according to a coalition of environmental, conservation and sporting groups, municipal officials and state legislators.

The Louisiana Oil and Gas Association (LOGA) has launched a website section dedicated to the state’s Haynesville Shale. The section will provide information about drilling and leasing activity in the emerging natural gas field, located in northwestern Louisiana, according to LOGA’s Gifford Briggs. LOGA also has a forum about the shale play on its website, which will be moderated by LOGA staff “with no financial interests in the shale,” said Briggs. Jodee Niswanger also was tapped to serve as LOGA’s North Louisiana director and will be based in Shreveport, LA.

QEM Management LP (Quantum) said last week that it has closed Quantum Energy Partners IV LP (QEP IV), a $1.32 billion private equity fund dedicated to the energy industry. QEP IV is Quantum’s fourth private equity fund launched since 1998.

QEM Management LP (Quantum) said Tuesday that it has closed Quantum Energy Partners IV LP (QEP IV), a $1.32 billion private equity fund dedicated to the energy industry. QEP IV is Quantum’s fourth private equity fund launched since 1998.