Partnered

Williams Partners LP and a unit of Royal Dutch Shell plc have partnered on an ambitious midstream venture to invest in natural gas liquids (NGL) and dry gas handling infrastructure to serve Marcellus and Utica shale operators in northwestern Pennsylvania and northeastern Ohio.

Williams Partners LP and a unit of Royal Dutch Shell plc have partnered on an ambitious midstream venture to invest in natural gas liquids (NGL) and dry gas handling infrastructure to serve Marcellus and Utica shale operators in northwestern Pennsylvania and northeastern Ohio.

Schlumberger Ltd. and Liquid Robotics Inc. have partnered to develop services for the oil and natural gas industry using the world’s first wave-powered autonomous marine vehicles capable of being deployed in the offshore for up to a year without a crew, fuel or a dedicated support vessel.

Two technology firms on Thursday partnered to create an engineering and geoscience “solution” to allow unconventional oil and gas operators to incorporate microseismic data and hydraulic fracturing designs to help them model their well fractures.

Costar Midstream LLC and Energy Spectrum Partners VI (ESP VI) have partnered to acquire gas processing assets in the Granite Wash area of the Texas and Oklahoma Panhandle. Costar said it plans to build a “sizable” midstream business focusing on gathering and processing assets that can be acquired and developed. This is the first portfolio investment for ESP VI, which is a $998.7 million private equity fund focused on midstream infrastructure. Energy Spectrum has more than $2.3 billion of capital under management. ESP VI, the firm’s most recent fund, closed recently with commitments of $998.7 million. Recently privately held Crestwood Midstream Partners LP completed an acquisition of midstream assets in the Granite Wash (see Shale Daily, April 5).

ExxonMobil Corp., which is buying onshore natural gas shale giant XTO Energy Inc., disclosed last week that it also has partnered with a privately held Pennsylvania-based independent to explore nearly 300,000 net acres in the Marcellus Shale.

ExxonMobil Corp., which is buying onshore natural gas shale giant XTO Energy Inc., disclosed on Monday that it also has partnered with a privately held Pennsylvania-based independent to explore nearly 300,000 net acres in the Marcellus Shale.

ExxonMobil Corp., which is buying onshore natural gas shale giant XTO Energy Inc., disclosed on Monday that it also has partnered with a privately held Pennsylvania-based independent to explore nearly 300,000 net acres in the Marcellus Shale.

The American Gas Association (AGA) partnered with the New York Society of Security Analysts (NYSSA) to host an “Outlook for the Natural Gas Industry” luncheon on Wednesday in an effort to extol the long-term virtues of natural gas, and to reveal the AGA’s agenda for the year. But if the questions asked by the attendees are any indication, then the investment community as a whole is quite concerned that the massive U.S. federal budget deficit may have dire taxation impacts on the U.S. energy industry.