To give Kinder Morgan Inc. (KMI) complete control of a joint venture (JV) in which merger partner El Paso Corp. now owns one-half, its partnership on Wednesday agreed to buy a 50% interest in the Altamont gathering and processing system in Utah’s Uinta Basin, as well as the Camino Real Gathering System in the Eagle Ford Shale in Texas.
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Anadarko, Linn Partner in Powder River Basin Project
An affiliate of Anadarko Petroleum Corp. on Tuesday took on Linn Energy LLC as a partner in an enhanced oil recovery project on the 22,000-acre Salt Creek Field of Wyoming’s Powder River Basin.
MarkWest, EMG Close on Liberty Sale
MarkWest Energy Partners LP has closed on its acquisition of partner The Energy and Minerals Group’s (EMG) 49% stake in MarkWest Liberty Midstream & Resources LLC.
Williams Looks to Expand in Marcellus
Tulsa-based Williams Partner LP is negotiating to buy Delphi Midstream Partners LLC, which among other things would give the natural gas operator ownership of the Laser Gathering System and other facilities that serve the Marcellus Shale.
Boardwalk to Pay $550M for Mississippi Storage Facilities
Boardwalk Pipeline Partners LP and a joint venture (JV) it has formed with an affiliate of its general partner have agreed to pay $550 million in cash to acquire Petal Gas Storage LLC and Hattiesburg Gas Storage Co. from Enterprise Products Partners LP, the companies said last week.
Boardwalk to Pay $550M for Mississippi Storage Facilities
Boardwalk Pipeline Partners LP and a joint venture (JV) it has formed with an affiliate of its general partner have agreed to pay $550 million in cash to acquire Petal Gas Storage LLC and Hattiesburg Gas Storage Co. from Enterprise Products Partners LP, the companies said Monday.
Ohio Chamber Commissions Study on Shale Drilling
The Ohio Chamber of Commerce is partnering with three universities in the state to conduct an economic impact study on shale development.
Ohio Governor Taps Former Industry Executive to Jobs Post
In a new push for development of the Marcellus and Utica shales, Ohio Gov. John Kasich has appointed former Ohio Department of Natural Resources (ODNR) Director David Mustine to a top post with JobsOhio, Kasich’s new private, nonprofit corporation designed to spur job creation and economic development.
Encore, Vanguard Buying Permian Assets
Encore Energy Partners LP (ENP) and its general partner, Vanguard Natural Resources LLC, each are acquiring a 50% stake in producing oil and gas assets in the Permian Basin from a private seller for a total price of $85 million.
Energy Transfer, Regency Targeting Permian with $700M NGL Line
Lone Star NGL LLC — a venture of Energy Transfer Partners LP (ETP) and Regency Energy Partners LP — plans to construct a 530-mile natural gas liquids (NGL) pipeline from Winkler County in West Texas to the Jackson County processing plant in Jackson County, TX.