NYMEX

North Dakota Oil Spill ‘Under Control,’ Officials Say

A 20,600 bbl Bakken crude oil spill in North Dakota from a leak sprung in a Tesoro Logistics LP pipeline in a wheat field northeast of Tioga, ND, on Friday was fully contained, under control and in the process of being remediated, according to state and company officials. The leak had originally been detected Sept. 29 and was mistakenly thought to be much smaller.

October 11, 2013

Weak East Sets Up Widespread Losses; Futures Continue Gains

Physical natural gas prices for weekend and Monday delivery eased in Friday’s trading with points in the loss column having a slight edge over those in the win column.

October 11, 2013

Florida, Ohio Links Set for NatGas Highway

Clean Energy Fuels Corp. has signed a multi-year natural gas fueling deal with an interstate long-haul trucking firm, Raven Transport Inc., that will include completing two new fueling stations in Clean Energy’s “natural gas highway” in Florida and Ohio.

October 11, 2013

Crestwood Bolting On Bakken Pipes with Arrow Buy

Crestwood Midstream Partners LP is buying privately-held Arrow Midstream Holdings LLC for $750 million, expanding its focus in the Bakken Shale and building on its just-completed merger with Inergy Midstream.

October 11, 2013

California Oil/Gas Official: Governor Supports Fracking

Amplifying favorable comments made earlier this year by Gov. Jerry Brown regarding future oil and natural gas development in California, the head of the state department responsible for overseeing drilling said recently that Brown supports the use of hydraulic fracturing (fracking).

October 11, 2013

No Evidence of Oil, Gas Spills From Colorado Flooding

Colorado officials said Tuesday they have found no evidence of contamination from oil or natural gas spills in water samples taken from rivers and streams affected by last month’s flooding.

October 11, 2013
Permian Basin ‘Booming,’ Atmos Gas Buyer Says

Permian Basin ‘Booming,’ Atmos Gas Buyer Says

The venerable Permian Basin, which has seen its share of booms and busts in its 86-year production history, is booming beyond most of the industry’s recognition, said Alan Chambers, senior gas buyer for Atmos Energy Corp. and a native of the Permian region.

October 11, 2013

Range Blasts Media Coverage of Pennsylvania Contamination Case

Range Resources Corp. says it is complying with a court order to obtain and provide information for all of the chemicals used at a Marcellus Shale drilling and impoundment site in Washington County, PA, but it took issue with media reports suggesting that the company doesn’t know what chemicals are used in its hydraulic fracturing (fracking) operations.

October 11, 2013

Foreign Nations Pin Hopes on U.S. Shale, LNG

The shale gas revolution and and planned liquefied natural gas (LNG) exports to foreign nations have elevated the United States’ position on the global energy stage, said European and Asian energy representatives Thursday. They urged U.S. House lawmakers to seize the new energy tool for diplomatic purposes and to aid allies.

October 11, 2013
Regency, PVR In $5.6B Multi-Basin Midstream Tie-Up

Regency, PVR In $5.6B Multi-Basin Midstream Tie-Up

Regency Energy Partners LP plans to buy PVR Partners LP in a $5.6 billion deal (including $1.8 billion of debt) to create a natural gas gathering and processing giant with a presence in Appalachia, West Texas, South Texas, the Midcontinent and North Louisiana.

October 11, 2013