Development

California Resources, Colony Capital to Jointly Explore Elk Hills Oilfield

California Resources Corp. (CRC) said Tuesday it has partnered with a unit of Los Angeles-based Colony Capital Inc. to develop the producer’s flagship Elk Hills oilfield.

July 23, 2019

ExxonMobil Eyes Permian Output Surge by Nearly 80% in Next Five Years

ExxonMobil Corp. on Tuesday increased its Permian Basin plans to produce more than 1 million boe/d by as early as 2024, an increase of nearly 80%.

March 5, 2019

Callon Reducing Permian Spend Slightly but Lifting Production Outlook by 20%-Plus

West Texas pure-play Callon Petroleum Co. is trimming its 2019 capital spending and tightening its rig count, but it still expects to increase production by 20%, the Houston independent said Tuesday.

February 12, 2019
Marathon Oil to Continue Focus on Oklahoma’s Stacked Plays in 2019

Marathon Oil to Continue Focus on Oklahoma’s Stacked Plays in 2019

Marathon Oil Corp. has shifted into heavy development mode in Oklahoma’s stacked plays, even as it touts other basins and the diversity of holdings that include prolific basins in North Dakota and Texas-New Mexico.

November 12, 2018
In PRB, Evolution Breaking Ground on Gas Processing Plant; Genesis Selling Assets

In PRB, Evolution Breaking Ground on Gas Processing Plant; Genesis Selling Assets

Evolution Midstream LLC said it has broken ground on its Jewell natural gas processing plant in Converse County, WY, in the heart of the Powder River Basin (PRB).

August 29, 2018

Penn State to Help Advance Downstream Opportunities from Shell Cracker

A Pennsylvania State University (Penn State) campus has been selected by the state’s top economic development organization to be a lead partner in developing the business and market opportunities created by the Shell Chemical Appalachia LLC ethane cracker under construction in Beaver County.

April 24, 2018

California EOR Project Tapping Sunshine to Reduce Costs

Aera Energy LLC, a partnership between units of Royal Dutch Shell plc and ExxonMobil Corp., is bidding to become the largest solar energy developer in California with 850 MW of capacity to create steam for an enhanced oil recovery (EOR) operation in the Belridge oilfield 40 miles west of Bakersfield.

December 11, 2017

Brief — Pennsylvania Cracker Development

A commercial real estate developer is clearing a 100-acre site in western Pennsylvania for a roughly $9 million project with the help of a $7 million loan from a regional development fund. Castlebrook Development Groupis working to get an industrial park ready in anticipation of the manufacturing opportunities that are expected to be created by Shell Chemical Appalachia LLC’s ethane cracker, scheduled to come online in the early 2020s. The cracker is under construction in Beaver County, 15 miles south of the Castlebrook site. The Power of 32 Site Development Fund, backed by local banks, nonprofits and private companies, made the loan for Castlebrook.

September 26, 2017

Briefs — Spire

Spire’s five natural gas utilities — Alagasco, Laclede Gas, Missouri Gas Energy, Mobile Gas and Willmut Gas — have all begun operating under the St. Louis-based parent company’s name. Included in the launch of the united utility, Spire announced a new mobile-friendlywebsite for customers. Spire serves 1.7 million natural gas customers in Alabama, Mississippi and Missouri. Non-utility operations include Spire Marketing, which provides natural gas marketing and related services.

September 22, 2017
Delaware River Basin Commission Step Closer to Banning NatGas Development, Fracking

Delaware River Basin Commission Step Closer to Banning NatGas Development, Fracking

The Delaware River Basin Commission (DRBC) voted 3-1, with one abstention, on Wednesday to adopt a resolution calling for a rulemaking that could ultimately lead to a ban on hydraulic fracturing (fracking) and related natural gas development activities.

September 13, 2017
‹ Previous 1 2 3 62