Crosstex Energy plans to build an $80 million natural gas processing facility near its midstream assets in the Barnett Shale in Hood County, TX, the company said Monday.
Midstream
Articles from Midstream
Williams Partnership Buys Wamsutter System for $750M
Williams has sold its interests in the Wamsutter LLC system to its midstream partnership Williams Partners LP for $750 million, the company said Friday.
BreitBurn Completes $1.45B Acquisition of Quicksilver Assets
BreitBurn Energy Partners LP and Quicksilver Resources Inc. have completed the $1.45 billion sale of all of Quicksilver’s natural gas, oil and midstream assets in Michigan, Indiana and Kentucky to BreitBurn, they said Thursday. BreitBurn paid $750 million in cash and approximately 21.348 million common units of its stock.
Inergy Announces Open Season for Storage Services in Central New York
Inergy LP subsidiary Inergy Midstream LLC announced last Wednesday that it is conducting a nonbinding open season for firm storage services in central New York.
Inergy Announces Open Season for Storage Services in Central New York
Inergy LP subsidiary Inergy Midstream LLC announced Wednesday that it is conducting a nonbinding open season for firm storage services in central New York.
Eagle Rock Builds Midstream, Upstream Hold in Alabama, Texas
Houston-based Eagle Rock Energy Partners LP has strung together a series of privately negotiated transactions to strengthen its midstream and upstream businesses in Alabama and Texas. The transactions, valued at $420 million total, also are expected to enable the partnership to nearly double its distributable cash flow this year.
Williams’ Power Asset Sale Sets Up Possible LBO, Says Analyst
Williams, which restructured to concentrate on its core domestic natural gas businesses — exploration, midstream and gas pipelines — agreed last week to cast off substantially all of its power assets to Bear Energy LP, a unit of The Bear Stearns Cos. Inc., in a deal valued at $512 million. The transaction includes 7,700 MW of gas-fired tolling capacity, 1,800 MW of full requirements power supply contracts and a trading book.
Bear Stearns Scoops Up Most of Williams’ Power Assets in $512M Deal
Williams, which restructured its business to concentrate on its core natural gas businesses — exploration, midstream and gas pipelines — agreed Monday to cast off substantially all of its power assets to Bear Energy LP, a unit of The Bear Stearns Cos. Inc., in a deal valued at $512 million. The transaction includes 7,700 MW of gas-fired tolling capacity, 1,800 MW of full requirements power supply contracts and a trading book.
Tidelands Files Proposal to Build 1 Bcf/d U.S. Pipe Link to Mexico
Tidelands Oil & Gas Corp., a San Antonio, TX-based developer of midstream oil and gas assets, has filed applications with FERC to build the U.S. leg of its Northeast Hub Pipeline, which would link natural gas markets in the United States and Mexico.
Tidelands Files Proposal to Build 1 Bcf/d U.S. Pipe Link to Mexico
Tidelands Oil & Gas Corp., a San Antonio, TX-based developer of midstream oil and gas assets, said Thursday it has filed applications with FERC to build the U.S. leg of its Northeast Hub Pipeline, which would link natural gas markets in the United States and Mexico.