Chevron Corp. is buying another 228,000 net acres in the Marcellus Shale from privately held Chief Oil & Gas LLC and Tug Hill Inc. for an undisclosed amount, which when completed would give the oil major an estimated 5 Tcf of additional natural gas resources in the hot shale play.
Owned
Articles from Owned
Jones, Southridge, Pablo Join Forces in Arkoma Basin
Jones Energy Holdings (JEH) has acquired all of the producing properties in the Arkoma Basin owned and operated by Southridge Energy LLC and Pablo Energy II, which includes 20 MMcfe/d of current net production and more than 77,000 gross acres located primarily in the liquids-rich fairway of the Woodford Shale in Oklahoma’s Coal and Atoka counties, JEH said Wednesday. Terms of the deal were not disclosed.
April 25, 2011
Marcellus Coalition Pitches NGV Corridor for Pennsylvania
Looking for ways to keep demand on pace with production, the Marcellus Shale Coalition (MSC) is proposing a $200 million program to expand natural gas vehicle (NGV) infrastructure across Pennsylvania.
April 6, 2011
Pemex Strikes Oil at Test Well in Tabasco State
Mexico state-owned petroleum company Petroleos Mexicanos (Pemex) said Monday it has discovered oil at a test well, which initially is producing more than 3,700 b/d of crude oil and 8 MMcf/d of natural gas.
April 6, 2011
Test Well Produces First Shale Gas for Pemex
Mexico’s state-owned petroleum company, Petroleos Mexicanos (Pemex), announced Wednesday that it has started producing its first shale gas from a test well in Mexico’s portion of the Eagle Ford Shale play.
March 28, 2011
Pemex Produces Its First Shale Gas
Mexico’s state-owned petroleum company, Petroleos Mexicanos (Pemex), announced Wednesday that it has started producing its first shale gas from a test well in Mexico’s portion of the Eagle Ford Shale play.
March 25, 2011
EXCO Withdraws Marcellus Lease Offer Near Pittsburgh
EXCO Resources Inc. has withdrawn its proposal to lease nearly 300 acres of borough-owned land for Marcellus Shale gas drilling operations in Ford City, PA, about 40 miles northeast of Pittsburgh in Armstrong County, the borough council said Tuesday.
March 17, 2011
Enterprise: Mont Belvieu Returning to Full Service
Most operations at the Mont Belvieu, TX, natural gas liquids (NGL) processing plant owned and operated by Enterprise Products Partners LP (EPD) are either back to normal or soon will be, and plans for a new fractionator there remain on schedule, said EPD CEO Michael Creel.
February 18, 2011
‘Possible Rupture’ on Tennessee Pipeline Segment in Ohio
A segment of the 36-inch diameter Tennessee Gas Pipeline (TGP) owned and operated by El Paso Corp., exploded and caused a fire at about 10:30 p.m. EST Thursday near Dungannon, OH, a spokesman told NGI Friday.
February 14, 2011
‘Possible Rupture’ on Tennessee Pipeline Segment in Ohio
A segment of the 36-inch diameter Tennessee Gas Pipeline (TGP) owned and operated by El Paso Corp., exploded and caused a fire at about 10:30 p.m. EST Thursday near Dungannon, OH, a spokesman told NGI Friday.
February 14, 2011
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