Calgary-based Talisman Energy Inc. and Norway’s Statoil ASA have formed a joint venture (JV) to acquire 97,000 net acres of liquids-rich Eagle Ford Shale properties from Enduring Resources for US$1.325 billion, the companies said.
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Eagle Ford Liquids Draw Talisman-Statoil Venture
Calgary-based Talisman Energy Inc. and Norway’s Statoil ASA have formed a joint venture (JV) to acquire 97,000 net acres of liquids-rich Eagle Ford Shale properties from Enduring Resources for US$1.325 billion, the companies said.
Norse Begins Construction of Dominion Interconnection
Norway’s Norse Energy Corp. ASA said it has begun construction of an interconnection near Morrisville, NY, to accommodate natural gas deliveries into two Dominion Transmission parallel pipelines.
Statoil, ConocoPhillips Swap Stakes in Alaska, Deepwater GOM
In a swap of sorts, Norway’s Statoil ASA is buying a quarter interest in 50 of ConocoPhillips’ leases in the Chukchi Sea offshore Alaska. In turn, the Houston-based producer would take a stake in some of Statoil’s leases in the Lower Tertiary Trend of the Gulf of Mexico (GOM). No financial details were disclosed.
Statoil, ConocoPhillips Swap Stakes in Alaska, Deepwater GOM
In a swap of sorts, Norway’s Statoil ASA is buying a quarter interest in 50 of ConocoPhillips’ leases in the Chukchi Sea offshore Alaska. In turn, the Houston-based producer would take a stake in some of Statoil’s leases in the Lower Tertiary Trend of the Gulf of Mexico (GOM). No financial details were disclosed.
LNG Agreements to Provide Access, Marketing Services
Russia’s Houston-based Gazprom Marketing & Trading USA (GM&T USA) and Norway’s Statoil ASA said last week they are finalizing agreements to allow Gazprom to import liquefied natural gas (LNG) to the regasification terminal at Cove Point, MD, where Statoil holds capacity. Also last week, Barclays Capital and Excelerate Energy LLC said they have agreed for Barclays to market Excelerate’s LNG cargoes arriving at its Northeast Gateway deepwater port. Barclays also will provide optimization and hedging services as part of what the firm said is its new Barclays Capital LNG Services division.
Gazprom, Statoil Finalizing LNG Agreements
Russia’s Houston-based Gazprom Marketing & Trading USA (GM&T USA) and Norway’s Statoil ASA said Tuesday they are finalizing agreements to allow Gazprom to import liquefied natural gas (LNG) to the regasification terminal at Cove Point, MD, where Statoil holds capacity.
StatoilHydro, Ecopetrol to Jointly Explore GOM Deepwater
Colombia’s Ecopetrol and Norway’s StatoilHydro ASA agreed to jointly drill three exploratory wells over the next two years in the deep waters of the U.S. Gulf of Mexico (GOM).
StatoilHydro Grabs Marcellus Stake in $3.38B Chesapeake Deal
Norway’s StatoilHydro ASA gained a stake in the Marcellus Shale after agreeing to partner with Chesapeake Energy Corp. in a $3.38 billion transaction. About $1.25 billion will be paid for 32.5% of Chesapeake’s leasehold and $2.13 billion will be set aside to fund 75% of drilling and completion costs from 2009 to 2012.
StatoilHydro Grabs Marcellus Stake in $3.38B Chesapeake Deal
Norway’s StatoilHydro ASA agreed to pay Chesapeake Energy Corp. $3.38 billion to gain a stake in the Marcellus Shale. About $1.25 billion will be paid for a 32.5% stake in the acreage and $2.13 billion will be set aside to fund 75% of drilling and completion costs from 2009 to 2012.