Crestwood Midstream Partners LP is buying privately-held Arrow Midstream Holdings LLC for $750 million, expanding its focus in the Bakken Shale and building on its just-completed merger with Inergy Midstream.
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California Oil/Gas Official: Governor Supports Fracking
Amplifying favorable comments made earlier this year by Gov. Jerry Brown regarding future oil and natural gas development in California, the head of the state department responsible for overseeing drilling said recently that Brown supports the use of hydraulic fracturing (fracking).
Regency, PVR In $5.6B Multi-Basin Midstream Tie-Up
Regency Energy Partners LP plans to buy PVR Partners LP in a $5.6 billion deal (including $1.8 billion of debt) to create a natural gas gathering and processing giant with a presence in Appalachia, West Texas, South Texas, the Midcontinent and North Louisiana.
Polymer Research Could Mean Lighter CNG Tanks
One of the challenges to widespread adoption of natural gas vehicles (NGV) has been the weight of the metal tanks needed to hold compressed natural gas (CNG). A researcher at Houston’s Rice University might have hit upon an answer.
Permian Basin ‘Booming,’ Atmos Gas Buyer Says
The venerable Permian Basin, which has seen its share of booms and busts in its 86-year production history, is booming beyond most of the industry’s recognition, said Alan Chambers, senior gas buyer for Atmos Energy Corp. and a native of the Permian region.
Range Blasts Media Coverage of Pennsylvania Contamination Case
Range Resources Corp. says it is complying with a court order to obtain and provide information for all of the chemicals used at a Marcellus Shale drilling and impoundment site in Washington County, PA, but it took issue with media reports suggesting that the company doesn’t know what chemicals are used in its hydraulic fracturing (fracking) operations.
Midwest Leads Broad Advance; Futures Hold Early Gains
Physical natural gas for Friday delivery on average rose 2 cents Thursday as most traders elected to put trades to bed prior to the release of typically market-moving storage data from the Energy Information Administration (EIA).
Getting LNG from Canada to Asia Is a Costly Proposition
Canadian hopes to export liquefied natural gas (LNG) rely on oil prices to stay high and overseas supply contracts to uphold value parity between the two energy commodities, an industry analyst said Thursday.
Regency, PVR In $5.6B Multi-Basin Midstream Tie-Up
Regency Energy Partners LP plans to buy PVR Partners LP in a $5.6 billion deal (including $1.8 billion of debt) to create a natural gas gathering and processing giant with a presence in Appalachia, West Texas, South Texas, the Midcontinent and North Louisiana.
MSC Opposes Gubernatorial Hopeful’s Calls for NatGas Severance Tax
Gubernatorial candidates in Pennsylvania who have called for severance taxes on the state’s shale natural gas industry are embracing “misguided, job-crushing policies,” the Marcellus Shale Coalition (MSC) said Thursday.