Hilcorp

Houston-based Phoenix Natural Resources LLC, created by former top executives from Chief Oil & Gas LLC and Hilcorp Energy Co., has secured a $250 million equity commitment from Kayne Anderson Energy Funds to develop natural gas and oil assets in North America.

Houston-based Phoenix Natural Resources LLC, created by former top executives from Chief Oil & Gas LLC and Hilcorp Energy Co., has secured a $250 million equity commitment from Kayne Anderson Energy Funds to develop natural gas and oil assets in North America.

Privately owned Hilcorp Energy Corp. has created a partnership backed by The Carlyle Group to exploit natural gas and oil “opportunities” in the North American energy sector, the Houston producer said Friday.

A subsidiary of Hilcorp Energy Co. has filed plans with the Interior Department for its proposal to build a manmade island six miles offshore atop North Slope oil targets in Alaska’s Beaufort Sea, and a subsea pipeline connecting the island to the mainland.

New research published by the Bulletin of the Seismological Society of America reaffirms conclusions reached by Ohio regulators that horizontal hydraulic fracturing operations at a Hilcorp Energy Co. site in March activated a previously unknown fault line and triggered a series of earthquakes.

Hilcorp Energy Co. and state regulators are still trying to determine what caused a separator to catch fire early last Saturday at one of its well sites in Mercer County, PA, near the Ohio border.

After more than a year of contending with regulators and a small group of landowners to secure more than 3,000 acres for four horizontal drilling units in western Pennsylvania, Hilcorp Energy Co. has dropped its bid for a rare forced pooling order with the state’s Department of Environmental Protection (DEP).

The Pennsylvania Department of Environmental Protection (DEP) has once again rescheduled two public hearings for September regarding Hilcorp Energy Co.’s request for a forced pooling order in Western Pennsylvania, in which nearby property owners and drillers will be allowed to provide testimony.

For the second time in less than two months, the Pennsylvania Department of Environmental Protection (DEP) has postponed indefinitely a set of public hearings regarding Hilcorp Energy Co.’s request for a forced pooling order in Western Pennsylvania. Three property owners filed suit earlier this month to stop the company.