Midstream

Consol Energy Inc. and Noble Energy Inc. plan to form a master limited partnership (MLP) with midstream gathering assets that serve growing production from the companies’ 50/50 joint venture in the Marcellus Shale, they said Thursday.

Privately held, Dallas-based Summit Midstream Partners LLC on Tuesday outlined $300 million in new investments in its gathering operations related to the Bakken Shale play in North Dakota. Four new investments related to separate operating units will support expansion activities.

EQT Midstream Partners LP said late Wednesday it would acquire the Jupiter natural gas gathering system in southwest Pennsylvania from affiliate EQT Corp. for a larger-than-expected purchase price of $1.18 billion.

Close to $641 billion in North American midstream infrastructure will need to be invested over the next 20-plus years just to keep pace…

North America's shales and tight resources will need a huge amount of midstream infrastructure annually to 2035…

Access Midstream Partners LP on Friday appeared to continue a push aimed at purchasing the remaining midstream assets of Chesapeake Energy Corp. when it announced the acquisition of 103 compression units servicing gathering systems in the Appalachian Basin for $160 million.

Devon Energy Corp. in the final three months of 2013 increased proved oil reserves to the highest level ever in company history — mostly on results from the Permian Basin — and turned around year-ago losses to profits.

EQT Midstream Partners LP said Tuesday it has entered into agreements with a subsidiary of Range Resources Corp. to provide gathering, compression and transmission services for Range’s growing Marcellus Shale production in southwest Pennsylvania.

Pure-play Appalachian operator Rice Energy Inc. has agreed to acquire gathering assets in southwest Pennsylvania from a subsidiary of M3 Midstream LLC for $110 million in cash.