Alberta Fund Buys More of Howard Energy; Seller EnLink Expanding in STACK

Alberta government investment arm Alberta Investment Management Corp. (AIMCo) has agreed to acquire a 28% stake in Howard Energy Partners (HEP) from EnLink Midstream Partners LP. Meanwhile, EnLink said it is investing more in the Oklahoma’s STACK play, the Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties.

December 21, 2016

New Eagle Ford Player Gets $100M in Backing

Post Oak Energy Capital and funds managed by Goldman Sachs Asset Management have made a $100 million capital commitment to PetroEdge Energy III LLC, a newly formed oil and gas company based in Houston and focused on the Eagle Ford Shale.

July 24, 2013

Enviros Seek to Block Transco’s Leidy Southeast Expansion

A coalition of environmental groups led by the New Jersey Chapter of the Sierra Club has called on FERC to reject Transcontinental Gas Pipe Line Co. LLC’s (Transco) Leidy Southeast Expansion project, saying there is no homegrown demand for it.

July 3, 2013

Senators Debate FracFocus Registry, State v. Fed. Rules

The Senate Energy and Natural Resources Committee put the spotlight on two important shale policy issues during its third and final forum on natural gas Thursday: the FracFocus chemical registry and whether a middle ground can be found in the dispute between the states and federal government over regulation of hydraulic fracturing (fracking).

May 28, 2013

Bakken Well Spacing Key, Says MDU CEO

How to space wells in the Bakken Shale remains the “question of the day” for exploration production (E&P) operators working in the play, according to the CEO of Bismarck, ND-based MDU Resources Group Inc.

May 3, 2013

MDU to Quench North Dakota Diesel Thirst

As part of its proposed joint venture diesel refinery slated to process 20,000 b/d of Bakken crude oil by next year, Bismarck, ND-based MDU Resources Group has a strategy aimed at its exploration and production (E&P) and midstream infrastructure businesses sharing in the continuing boom in its home state.

March 21, 2013

Tenaris to Build New Pipe Factory in Matagorda County, Texas

Global pipe manufacturer Tenaris will be adding to its U.S. facilities, investing $1.3 billion in a new steel pipe manufacturing plant in Matagorda County, Texas Gov. Rich Perry announced Friday.

February 19, 2013

‘Human Experience Factor’ Playing Big Role in Drilling Efficiencies

U.S. onshore horizontal drilling has improved steadily across every category, in part because of improvements in technology, but the “human experience factor” appears to be playing a substantial role as well in moving well times and depth curves to the left, according to an analysis by Tudor, Pickering, Holt & Co. (TPH).

January 23, 2013
Piedmont Taking Minority Stake in Constitution Pipeline Project

Piedmont Taking Minority Stake in Constitution Pipeline Project

Piedmont Natural Gas is investing $180 million in Marcellus Shale-focused Constitution Pipeline Co. LLC to join Williams Partners LP and Cabot Oil and Gas Corp. as an equity holder in the project.

November 14, 2012
Rail Transport of Bakken Oil Skyrockets

Rail Transport of Bakken Oil Skyrockets

The railroad transportation of Bakken oil supplies continues to grow, and transporters are investing in new facilities on a pace with pipeline takeaway growth, according to the latest statistics from the North Dakota Department of Mineral Resources (DMR) and the state pipeline authority.

November 2, 2012
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