Legacy

Permian Pure-Play Legacy Reserves to Seek Chapter 11

Permian Pure-Play Legacy Reserves to Seek Chapter 11

Permian Basin explorer Legacy Reserves is filing for voluntary bankruptcy in U.S. Bankruptcy Court for the Southern District of Texas and plans to use a restructuring support agreement reached with its lenders to reduce debt.

June 14, 2019

Legacy Reserves Signs Long-Term Water Services Agreement for Permian Wells

A subsidiary of Legacy Reserves Inc. has signed a long-term agreement that will have Houston-based H2O Midstream gathering, disposing and redelivering produced water for reuse from horizontal wells in the Permian Basin.

October 23, 2018

Legacy Enters East Texas in Natural Gas Deal with Anadarko, Western Gas

Legacy Reserves LP on Monday cinched up the purchase of a package of natural gas assets that give it entry into East Texas through a double deal with Anadarko Petroleum Corp. and Western Gas Partners LP.

July 6, 2015

Legacy Enters East Texas in Natural Gas Deal with Anadarko, Western Gas

Legacy Reserves LP on Monday cinched up the purchase of a package of natural gas assets that give it entry into East Texas through a double deal with Anadarko Petroleum Corp. and Western Gas Partners LP.

July 6, 2015

REX’s Shale Expressway Raises Toll Concerns

Rockies Express Pipeline LLC (REX) is working to remake itself for the shale gas world — to become an east-to-west shale gas expressway — but legacy shippers are balking.

July 19, 2013

Continental to Double Rigs in SCOOP, Reduce Flaring

Continental Resources Inc. plans to double the number of drilling rigs it has targeting a legacy shale play in Oklahoma in 2013, and it will increase development and exploratory drilling in the Bakken Shale as it looks to maintain its reign as North Dakota’s top oil producer.

March 4, 2013

Continental to Double Rigs in SCOOP, Cut Flaring

Continental Resources Inc. plans to double the number of drilling rigs it has targeting a legacy shale play in Oklahoma in 2013, and it will increase development and exploratory drilling in the Bakken Shale as it looks to maintain its reign as North Dakota’s top oil producer.

March 4, 2013

Chesapeake Puts Cana Woodford Properties on Market

Chesapeake Energy Corp. is selling legacy properties in the Cana Woodford Shale, including the rights to 298 producing wells, “because it does not have the drilling budget to adequately develop the abundant additional opportunities in the area,” according to a sales listing. Ninety-eight percent of the leases are held by production.

September 4, 2012

Chesapeake Adds Cana Woodford to Sales List

Chesapeake Energy Corp. is selling legacy properties in the Cana Woodford Shale, including the rights to 298 producing wells, “because it does not have the drilling budget to adequately develop the abundant additional opportunities in the area,” according to a sales listing. Ninety-eight percent of the leases are held by production.

September 3, 2012

Dominion: Sierra Club Can’t Stop Cove Point Exports

The Sierra Club said last Thursday a legacy agreement between it and a previous owner of the Cove Point LNG terminal site in Maryland will stop current owner Dominion from adding liquefaction and export facilities. However, during an earnings conference call Dominion CEO Thomas Farrell said the project is on track despite what the environmental group claims.

April 30, 2012
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