Formed

New York Landowners Pact May Bypass Frack Ban

A newly formed organization representing nearly 2,000 New York property owners in Tioga County, NY, has signed a preliminary agreement to develop unconventional natural gas wells using waterless hydraulic fracturing (fracking) — a technique that may allow them to bypass the state’s drilling moratorium.

April 2, 2012

Tioga County Drilling Deal May Bypass New York Frack Ban

A newly formed organization that represents about 2,000 New York property owners in Tioga County has signed a preliminary agreement with developers to stimulate unconventional natural gas wells using waterless hydraulic fracturing (fracking) that may bypass the state’s drilling moratorium.

March 30, 2012

Crestwood Buys Marcellus Midstream Assets from Antero

A new joint venture formed by Crestwood Midstream Partners LP and Crestwood Holdings Partners LLC has acquired a Marcellus Shale gathering system in northern West Virginia owned by Antero Resources Appalachian Corp., the companies announced Monday.

February 28, 2012

Multi-Commodity Rail Line Planned for Permian Basin

Kinder Morgan Energy Partners LP (KMP) and Martin Midstream Partners LP have formed joint venture (JV) Pecos Valley Producer Services LLC to develop a multi-commodity rail terminal in Pecos, TX, to serve oil and gas producers in the Permian Basin of West Texas.

February 28, 2012

Williams Partners, Cabot to Build Marcellus Interstate Gas System

As part of its strategy to create a major natural gas supply hub in northeastern Pennsylvania, Williams Partners has formed an interstate pipeline joint venture with Cabot Oil & Gas Corp., one of the top producers in the Marcellus Shale.

February 22, 2012

New Oilfield Services Company Rolling Out LNG Trucks

A newly formed Texas company is buying liquefied natural gas (LNG)-fueled trucks and deploying them in the state’s oil and gas patch under the banner Green Energy Oilfield Services.

February 7, 2012

Joint Venture to Move Eagle Ford Condensate to Market

Copano Energy LLC and Magellan Midstream Partners LP have formed of a joint venture (JV) to deliver Eagle Ford Shale condensate to Corpus Christi, TX. The JV’s project will make use of new and existing pipeline infrastructure.

December 22, 2011

Maryland Panel Recommends State-Level Severance Tax

An advisory panel formed by Maryland Gov. Martin O’Malley will recommend that the state’s General Assembly impose a severance tax on natural gas production and a fee on gas leases, with the resulting revenue to be dedicated “to address impacts of gas exploration and production on the environment and natural resources” and to fund studies of issues related to the Marcellus Shale, according to a draft report by the state’s Marcellus Shale Safe Drilling Commission.

December 19, 2011

West Virginia Senate Unanimously Passes Marcellus Shale Bill

The West Virginia state Senate unanimously approved Gov. Earl Ray Tomblin’s version of a Marcellus Shale regulatory reform bill on Tuesday by a 33-0 vote.

December 14, 2011

Maryland Panel Recommends State-Level Severance Tax

An advisory panel formed by Maryland Gov. Martin O’Malley will recommend that the state’s General Assembly impose a severance tax on natural gas production and a fee on gas leases, with the resulting revenue to be dedicated “to address impacts of gas exploration and production on the environment and natural resources” and to fund studies of issues related to the Marcellus Shale, according to a draft report by the state’s Marcellus Shale Safe Drilling Commission.

December 14, 2011