natural gas prices

Anadarko Petroleum Corp.-formed master limited partnership Western Gas Partners LP is buying Delaware Basin gas gatherer and processor Nuevo Midstream LLC for $1.5 billion. It’s the largest acquisition made by the partnership to date, according to management.

A natural gas leak at an unconventional well operated by American Energy Partners LP affiliate American Energy Utica LLC prompted an overnight evacuation order in southeast Ohio’s Jefferson County after emergency management officials feared it could lead to an explosion, according to state regulators.

San Diego-based Royale Energy Inc., a small independent with some big plans for Alaska’s North Slope shale plays (see Shale Daily, Jan. 18, 2012), is launching a drilling program in the Sacramento Basin dry natural gas fields, following a successful well in Tehama County, 130 miles north of the state capital.

In tandem with natural gas flaring, methane emissions promise to be a growing issue for North Dakota state officials and the oil and gas industry, the head of the state environmental health section in the Department of Health (DOH) told NGI’sShale Daily on Monday.

The lineup to launch Canadian liquefied natural gas (LNG) exports spread Monday to Quebec, where a new Montreal firm created by U.S. investors is setting out to build a terminal and pipeline by 2021.

Continental Resources Inc.’s emerging Springer Shale in the South Central Oklahoma Oil Province (SCOOP) is indicating continuing success, if recovery rates from four new wells are any indication.

SandRidge Energy Inc. is planning to spin off a subsidiary to serve Midcontinent producers that need saltwater services for their oil and gas wells.

Today’s fast-advancing technology for well design, drilling and completion on other shale plays, are not applicable to California’s Monterey Shale, a panel of local operators last week told the Oil and Gas Awards’ West Coast Energy Summit in Bakersfield, CA.

More than a dozen of the largest onshore independents, including ConocoPhillips, Anadarko Petroleum Corp., Encana Corp. and Chesapeake Energy Corp., have formed a pact to lobby for the right to export crude oil.