Denver-based Antero Resources is unloading its Arkoma Basin assets and redeploying capital to Appalachian shale plays while Vanguard Natural Resources LLC, which is buying Antero’s mostly natural gas Arkoma assets for $445 million, is establishing a new operating area with the deal.
Denver
Articles from Denver
Moody’s: Chesapeake Must Sell $7B of Assets or Breach 2012 Debt Covenants
Chesapeake Energy Corp. has to sell “at least” $7 billion worth of assets this year to avoid a breach of debt covenants and a credit downgrade, a senior analyst with Moody’s Investors Service said Thursday.
June 1, 2012
Chesapeake Markets DJ Basin Properties
A package of five conventional and unconventional properties in the northern Denver-Julesburg (DJ) Basin of Wyoming and Colorado is up for sale by Chesapeake Energy Corp. Gross acreage is estimated at more than 684,000 acres; net acreage totals about 504,000 acres, according to Meager Energy Advisors, the listing agent.
May 25, 2012
MarkWest CEO: Keystone Purchase ‘Connects Our Dots’
One day after purchasing natural gas processing facilities and associated infrastructure in the Marcellus and Utica shale plays, MarkWest Energy Partners LP said it plans to remain independent and will allocate more toward capital expenditures (capex) in 2012.
May 18, 2012
Trio’s NGL Pipe to Tie DJ Basin to Gulf Coast Market
Enterprise Products Partners LP, Anadarko Petroleum Corp. and DCP Midstream LLC plan to construct a natural gas liquids (NGL) pipeline from the Denver-Julesburg (DJ) Basin in Weld County, CO, to Skellytown, TX, in Carson County. Initial capacity of the y-grade Front Range Pipeline is expected to be 150,000 b/d.
April 16, 2012
New NGL Pipeline Would Tie DJ Basin to Gulf Coast Market
Enterprise Products Partners LP, Anadarko Petroleum Corp. and DCP Midstream LLC plan to construct a natural gas liquids (NGL) pipeline from the Denver-Julesburg (DJ) Basin in Weld County, CO, to Skellytown, TX, in Carson County. Initial capacity of the Front Range Pipeline is expected to be 150,000 b/d.
April 13, 2012
Trio Plans NGL Pipeline From DJ Basin to Gulf Coast
Enterprise Products Partners LP, Anadarko Petroleum Corp. and DCP Midstream LLC plan to construct a natural gas liquids (NGL) pipeline from the Denver-Julesburg (DJ) Basin in Weld County, CO, to Skellytown, TX, in Carson County. Initial capacity of the Front Range Pipeline is expected to be 150,000 b/d.
April 13, 2012
Anschutz E&P Activity Halted in Montana Blackfeet Area
Bowing to local Native American concerns, Denver-based Anschutz Exploration Corp. halted its environmental assessment of possible oil/gas drilling in the Red Blanket Butte area northwest of Browning, MT, in the face of possibly disturbing cultural resources associated with the Blackfeet Tribe.
March 27, 2012
DCP Midstream Eyes More Shale Plays, Chemical Build-Out
Being in the middle is not so much a challenge as an opportunity for DCP Midstream LLC, the Denver-based infrastructure and natural gas liquids (NGL) operator that has an eye on moving into the Bakken, Utica and Marcellus shale plays, according to DCP President Bill Waldheim. He told NGIShale Daily that those are about the only shale plays that fall outside DCP’s reach these days.
March 8, 2012
Dow Advances World-Class Shale-Fueled Propylene Facility in Texas
Low natural gas prices and increased supplies are reviving the chemical manufacturing industry within the United States as evidenced by the news Wednesday that Dow Chemical Co. is authorizing final engineering and lead-time equipment spending for a new, world-scale propylene production facility in Texas, which will take advantage of increasing supplies of U.S. shale gas as a feedstock.
March 8, 2012
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