Opportunities

Chesapeake Energy Corp. has opened a $7 million oilfield services and training center in the heart of the Marcellus Shale that offers all of the comforts of home — and then some.

RPM Energy LLC and Kohlberg Kravis Roberts & Co. (KKR) have formed RPM Energy Partners LP to target joint venture opportunities with exploration and production companies in unconventional plays. They offer RPM’s expertise and KKR’s deep pockets.

Questar Corp. subsidiary Questar Transportation Services Co. (QTS) and Applied LNG Technologies LLC (ALT) late Wednesday signed a memorandum of understanding (MOU) to jointly explore new market opportunities for liquefied natural gas (LNG) in the Rockies.

BP plc’s U.S. arm plans to cease natural gas drilling in La Plata County, CO, for at least six months to pursue development opportunities elsewhere in the United States, the company said Thursday. The news comes as western states reported that gas output fell by double digits in 2009 from 2008.

BP plc’s U.S. arm plans to cease natural gas drilling in La Plata County, CO, for at least six months to pursue development opportunities elsewhere in the United States, the company said Thursday. The news comes as states across the country reported that gas output fell by double digits in 2009 from 2008.

With more than enough drilling opportunities that await development in the Marcellus Shale and elsewhere, Chesapeake Energy Corp. on Wednesday confirmed that it has “no intention” to drill natural gas wells in upstate New York’s watershed, which supplies water to nine million people, including New York City.

With more than enough drilling opportunities that await development in the Marcellus Shale, Chesapeake Energy Corp. on Wednesday confirmed that it has “no intention” to drill natural gas wells in upstate New York’s watershed, which supplies water to nine million people, including New York City.

Completion this year of 3 Bcf/d of pipeline takeaway capacity within the 13-state Midcontinent region will give producers new marketing opportunities and improve regional pricing differentials, but the plunge in onshore gas drilling activity may have consequences, Bentek Energy reported last week.

Completion this year of 3 Bcf/d of pipeline takeaway capacity within the 13-state Midcontinent region will give producers new marketing opportunities and improve regional pricing differentials, but the plunge in onshore gas drilling activity may have consequences, Bentek Energy said in a new report.