In a major win for interstate pipelines, FERC Thursday adopted a policy statement that allows the use of master limited partnerships (MLPs) in proxy groups to determine oil and natural gas pipelines’ returns on equity (ROE) for ratemaking purposes. The new policy responds to the decline in publicly traded companies with substantial pipeline assets and the rise in MLPs in the pipe sector.
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Devon Expects to Top 1 Bcf/d in Barnett Before Mid-Year
When you master the domain in a place like the Barnett Shale, it may be easy to forget that Devon Energy Corp. actually has its hands in several other promising oil and natural gas developments onshore and offshore in North America. However, there’s no forgetting Devon’s strength in the Barnett, and the producer now anticipates hitting a 1 Bcf/d production target there before mid-year, which is at least 18 months ahead of schedule.
Devon Expects to Top 1 Bcf/d in Barnett Before Mid-Year
When you master the domain in a place like the Barnett Shale, it may be easy to forget that Devon Energy Corp. actually has its hands in several other promising oil and natural gas developments onshore and offshore in North America. However, there’s no forgetting Devon’s strength in the Barnett, and the producer now anticipates hitting a 1 Bcf/d production target there before mid-year, which is at least 18 months ahead of schedule.
Producer EXCO Backs Off MLP Bid
Dallas-based exploration and production (E&P) company EXCO Resources Inc. is withdrawing its proposed offer of units in a master limited partnership (MLP) to own a “substantial” portion of mature producing oil and natural gas properties in the Appalachian, East Texas, North Louisiana, Midcontinent and Permian Basin areas.
Producer EXCO Backs Off MLP Bid
Dallas-based exploration and production (E&P) company EXCO Resources Inc. is withdrawing its proposed offer of units in a master limited partnership (MLP) to own a “substantial” portion of mature producing oil and natural gas properties in the Appalachian, East Texas, North Louisiana, Midcontinent and Permian Basin areas, the company said Thursday.
Fewer Organic Projects, More Consolidation Seen for MLPs in 2008
There are still worlds to conquer for master limited partnerships (MLP), but access to capital is more difficult to obtain now than it was just months ago, making consolidation among players a more likely scenario in the months ahead, according to a report by Sanders Morris Harris (SMH).
Fewer Organic Projects, More Consolidation Seen for MLPs
There are still worlds to conquer for master limited partnerships (MLP), but access to capital is more difficult to obtain now than it was just months ago, making consolidation among players a more likely scenario in the months ahead, according to a report by Sanders Morris Harris (SMH).
FERC Seeks Comments on Projecting MLPs’ Growth Potential
FERC is seeking industry comments by Dec. 14 solely on the issue of how a master limited partnership’s (MLP) growth should be projected for the purposes of the discounted cash flow (DCF) analysis.
FERC Seeks Comments on Projecting MLPs’ Growth Potential
The Federal Energy Regulatory Commission is seeking industry comments by Dec. 14 solely on the issue of how a master limited partnership’s (MLP) growth should be projected for the purposes of the discounted cash flow (DCF) analysis.
EnCana May Sell ‘Scattered’ U.S. Assets, Considers MLP
EnCana Corp. is considering whether to sell some of its “small, scattered assets” in its U.S. portfolio, and an as-yet unformed master limited partnership (MLP) could be a potential buyer, CEO Randy Eresman said Thursday.