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SandRidge Energy Inc. on Wednesday agreed to sell its Permian Basin portfolio for $2.6 billion in cash to privately held Sheridan Production Partners II, a sale that has been anticipated since early November.

Atlas Pipeline Partners LP (APL) on Monday agreed to pay $600 million for all of the operating assets of privately held Cardinal Midstream LLC, which would give it cryogenic processing plants, associated gathering pipelines and a gas treatment business that includes facilities in the Woodford, Eagle Ford, Haynesville and Fayetteville shales, as well as the Granite Wash and Avalon formations.

Cash prices overall fell an average of about a nickel Wednesday as temperature outlooks held close to seasonal norms and power generation economics got out of alignment. New England points suffered multi-dollar declines, but eastern and Texas prices weakened as well. At the close of trading the expired December contract had fallen 7.3 cents to $3.696 and January had lost 9.1 cents to $3.801. January crude oil fell 69 cents to $86.49/bbl.

Magnum Hunter Resources Corp.’s Bakken Hunter LLC is buying existing wells and about 20,000 net Williston Basin lease acres in Divide County, ND, from Samson Resources Co. for $30 million in cash.

New York Gov. Andrew Cuomo said the state will miss a Nov. 29 deadline for revised rules governing high-volume hydraulic fracturing (HVHF), a development that should reopen the rulemaking process to at least one public hearing.

With a Nov. 29 deadline quickly approaching, the New York State Department of Health (DOH) has reportedly hired experts from three universities to conduct a health impact analysis of high-volume hydraulic fracturing (HVHF) in the state.

With natural gas-fired power generation plants and refineries both in the crosshairs of state regulators, California held its first auction for carbon emissions trading on Thursday, despite the state’s major business association filing a lawsuit to block the auction a day earlier.

Calgary’s Gibson Energy Inc. is beefing up its U.S. onshore services with a US$445 million agreement to buy privately held Omni Energy Services Corp., based in Louisiana.

Honeywell’s UOP business is buying a 70% stake in Thomas Russell Co., a privately held provider of technology and equipment for natural gas processing and treating. UOP provides process technology, materials and equipment to petroleum refining, petrochemical, and gas processing industries. It will now be able to offer a range of technologies and products that allow shale and conventional natural gas producers to remove contaminants from natural gas and recover high-value natural gas liquids (NGL). Founded in 2002, Tulsa, OK-based Thomas Russell specializes in the design, engineering, fabrication and start-up of skid-mounted modular packaged plants systems for the recovery and upgrading of NGLs. UOP is paying $525 million in cash for the interest and has a right to acquire the remaining 30% stake. Closing, subject to conditions, is expected during the fourth quarter.