New Mexico’s June oil and natural gas lease sale collected $654,448, which pushed fiscal year 2017 earnings from monthly sales to more than $65 million, nearly doubling the previous year’s proceeds of $36 million.
Mewbourne
Articles from Mewbourne
Eagle Rock Expands Texas Midstream with BP Panhandle Purchase
Houston midstream operator Eagle Rock Energy Partners LP on Friday agreed to pay BP America Production Co. $227.5 million in cash for the BP Panhandle System, which includes two natural gas processing plants and a 2,500-mile gas gathering pipeline system. Eagle Rock also would take over BP’s gas processing in the area under a 20-year agreement.
August 13, 2012
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
