Tight Oil, Liquids Boost U.S. Upstream Spending in 2012

Low natural gas prices didn’t deter U.S. operators from boosting upstream spending in 2012, according to data compiled by Ernst & Young.

June 6, 2013

SemGroup Builds Mississippian Services in Chesapeake Deal

Tulsa-based midstream operator SemGroup on Wednesday agreed to a $300 million cash price for Chesapeake Energy Corp.’s interests in subsidiary Mid-America Midstream Gas Services LLC, that comes with a 20-year gathering and processing contract for 540,000 net acres in the Mississippian Lime play.

May 2, 2013

Experts Outline Foreign Policy Benefits of LNG Exports

U.S. exports could prevent India from getting supplies from Iran and give European buyers leverage on their Russian pipeline purchases, a subcommittee of the House Foreign Affairs Committee was told.

April 29, 2013

Honeywell’s UOP Announces New Membrane to Improve Gas Processing

Honeywell subsidiary UOP LLC unveiled on Tuesday a membrane element for its natural gas processing systems that it claims increases processing capacity and enhances carbon dioxide and contaminant removal.

February 28, 2013

‘No Intentional Misconduct’ by McClendon, Says Chesapeake

Chesapeake Energy Corp. CEO Aubrey McClendon’s controversial financing transactions “did not reveal any improper benefit” to him nor did they increases costs to the company “as a result of the overlap in financial relationships,” the board of directors said Wednesday.

February 21, 2013
Newfield Narrowing Focus to U.S. Unconventional Liquids

Newfield Narrowing Focus to U.S. Unconventional Liquids

Newfield Exploration Co. is considering the sale of its international assets, which consist of offshore oil and natural gas developments in Malaysia and China, the company said.

February 15, 2013
Some U.S. Oil Producers Taking Rail, Barges Over Pipes

Some U.S. Oil Producers Taking Rail, Barges Over Pipes

Oil, the latest growth engine of the U.S. unconventional boom, is spurting up from the ground at an exceptional pace, which is leading many operators to rethink where — and how — they want to deliver their reserves for the best prices.

January 29, 2013

Ziff: Associated Gas Supplies Rising on Robust Oil Prices

After hitting a low point five years ago, associated gas is projected to grow to more than 12 Bcf/d, or about 15% of the North American natural gas supplies in 2020, according to a report released Tuesday by Canadian-based Ziff Energy.

January 10, 2013
Inergy to Buy Colt Hub Owner Rangeland for $425M

Inergy to Buy Colt Hub Owner Rangeland for $425M

Inergy Midstream LP announced Monday that it plans to purchase Rangeland Energy LLC — which owns and operates the Colt crude oil rail terminal, storage and pipeline facilities near Epping, ND, in the Bakken and Three Forks shale — in a cash and stock deal valued at $425 million.

November 6, 2012

Sabine Pass Could Expand by 50%, Cheniere Exec Says

Cheniere Energy’s Sabine Pass liquefied natural gas (LNG) export project in Louisiana could be expanded by 50% as global demand for U.S. LNG increases, a Cheniere executive said.

October 29, 2012
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