EQT Corp. said Thursday that its operations in the Marcellus Shale once again drove significant growth in its production sales volume but it still is evaluating its Utica liquids venture.
Midstream
Articles from Midstream
Antero to Offer Nearly All Midstream Assets in Spin-off
An Antero Resources Corp. unit on Friday filed a preliminary prospectus to create a separate partnership to hold substantially all of the Appalachian midstream business.
Summit Midstream to Enter Utica Shale, Buy Assets for $190M
Summit Midstream Partners LLC, which operates in shale plays across the country, plans to enter the Utica Shale after agreeing to acquire Blackhawk Midstream LLC’s interest in two companies operating and developing midstream infrastructure in southeastern Ohio for $190 million.
Deal Makes Eagle Rock a Pure Play; Regency Adds Plants, Pipe
Eagle Rock Energy Partners LP is transforming itself into a pure-play upstream master limited partnership (MLP) through the sale of its midstream business to Regency Energy Partners LP as it sees more opportunities for growth by exploiting and adding to its assets in the Midcontinent, Permian Basin, South and East Texas as well as in Alabama and Mississippi.
PVA Unloads Eagle Ford Midstream as It Focuses on E&P
Penn Virginia Corp. (PVA) is selling substantially all of its Eagle Ford Shale natural gas midstream assets to a newly-formed affiliate of ArcLight Capital Partners LLC for gross cash proceeds of $100 million.
Marathon Provides Details on New Utica Pipeline
MPLX, the master limited partnership formed by Marathon Petroleum Corp. (MPC) last year to operate and acquire midstream assets, has plans for a new 49-mile pipeline that will carry crude oil, condensates and natural gas from the Utica Shale in Southeast Ohio to MPC’s refinery in Canton, OH.
Permian Rebound Generating Midstream Revival
Midstream players have allocated a lot of capital to boost crude takeaway and/or natural gas processing capacity in the renewed Permian Basin, and if production continues to accelerate, several billion more could be directed to the region to meet the growing needs of producers, according to an analysis by Raymond James & Associates Inc.
QEP Seeking Separation of Midstream Business
Independent exploration and production (E&P) company QEP Resources Inc. said Monday it plans to separate its midstream business QEP Field Services Co. as well as its interest in QEP Midstream Partners LP (QEPM), which was formed earlier this year.
Enable Midstream Files for IPO
Recently launched Enable Midstream Partners LP has filed with the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO) of common units representing limited partner interests.
Utica Midstream Projects on Track, Report Says
A report released earlier this month that details activity in Ohio’s Utica Shale play underscores the rapid rate at which midstream companies are working to catch-up with exploration and production companies that have a backlog of wells shut-in and waiting to come online.