Monday

Trunkline Gas-to-Oil Pipe Conversion Gets Environmental OK

FERC Monday issued a favorable environmental assessment (EA) of Trunkline Gas Co.’s proposal to convert a multi-state natural gas pipeline to crude oil service for the Gulf Coast market.

April 17, 2013

Truck Stop Operator, Shell Plan LNG Fueling Network

Ohio-based TravelCenters of America LLC (TA) and Royal Dutch Shell plc unit Shell Oil Products U.S. said Monday they have reached an agreement to construct and operate a network of natural gas fueling lanes at existing TravelCenters located along the U.S. Interstate highway system.

April 17, 2013
Energy & Exploration Expands Eaglebine Footprint

Energy & Exploration Expands Eaglebine Footprint

Energy & Exploration Partners Inc. (E&E) on Monday acquired 57,275 net acres and 11 producing wells in the East Texas Eaglebine formation from a subsidiary of Chesapeake Energy Corp.

April 16, 2013

Pine Prairie Completes Successful Open Season

PAA Natural Gas Storage, parent of Pine Prairie Energy Center, on Monday said it successfully completed a nonbinding open season for bids on an aggregate of 12.5 Bcf of firm storage capacity with a starting date of April 1 during 2015, 2016 and 2017.

April 10, 2013

GE Adds Drilling Heft with Lufkin Takeover

General Electric (GE) on Monday said it would pay $3.3 billion to buy Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry.

April 9, 2013
Niobrara Gas Gusher Found in Colorado, WPX Says

Niobrara Gas Gusher Found in Colorado, WPX Says

One of the 10 largest U.S. natural gas producers, Tulsa, OK-based WPX Energy Inc., said Monday that its Niobrara formation discovery well in the Piceance Basin of western Colorado has exceeded 1 Bcf of production in a little more than 100 days of operation.

April 9, 2013
NatGas ‘Transition’ Fuel to Renewables, Colorado Gov. Says

NatGas ‘Transition’ Fuel to Renewables, Colorado Gov. Says

In a public debate on how much use and emphasis there should be on oil/natural gas and particularly hydraulic fracturing (fracking), Colorado Gov. John Hickenlooper on Monday called natural gas the best transition for his state eventually to move to more reliance on efficiency and renewable energy programs.

April 3, 2013

Gastar Buys Oklahoma Acreage, Repurchases Stock from Chesapeake

Gastar Exploration Ltd. announced a three-way deal with Chesapeake Energy Corp. on Monday, in which Gastar purchased proven reserves in the prospective Hunton Limestone formation in Oklahoma, as well as close to 10% of its common stock. The companies also agreed to settle outstanding litigation.

April 2, 2013

Dominion Fully Subscribes Capacity for LNG Export Plant, Files at FERC

Dominion announced Monday that it has fully subscribed the marketed capacity of its proposed export liquefaction facility under 20-year terminal service agreements.

April 2, 2013

Maine, Atlantic Canada Pipeline Expansion Eyed

Launching an open season, Portland Natural Gas Transmission System (PNGTS) indicated Monday that it is seeking market support of its plan to increase capacity on a pipeline to potentially benefit more of New England and Atlantic Canada customers.

April 2, 2013
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