Legacy

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.

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.

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.

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.

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.

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.

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.

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.

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.