Unico Inc. of Stamford, CT, bought Silver Valley Energy Inc.,including its proven oil and gas reserves located in the GlassMountains of Pecos County, TX, for an undisclosed amount. Theproperty is valued at more than $40 million based upon a recentindependent analysis.
Mountains
Articles from Mountains
Williams to Expand Rockies NGL Line
Williams announced its Mid-America Pipeline subsidiary willexpand its natural gas liquids (NGL) pipeline system in the RockyMountains from 75,000 b/d to 125,000 b/d. The expansion involvesthe construction of a 412-mile pipeline that extends from DaggettCounty in northeast Utah to near Bloomfield, NM. The new line runsparallel to the existing Mid-America system. Construction isscheduled to begin in August, with an initial in service date ofJan. 1, 1999.
June 9, 1998
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