Partnership

EQT Readies Midstream Spin-Off

EQT Midstream Partners LP, a unit of Appalachian producer EQT Corp., is preparing to launch a public offering as a master limited partnership (MLP). The initial public offering (IPO) is expected to raise up to $250 million.

February 14, 2012

Small Producer, Unconventional Resources Grants Available

The Research Partnership to Secure Energy for America (RPSEA) is seeking requests for proposals (RFP) for its Small Producer Program and its Unconventional Resources Program.

December 30, 2011

MarkWest CEO Sees ‘Critical’ Need for Utica Shale Midstream

MarkWest Energy Partners LP, which teamed up with private equity fund The Energy & Minerals Group (EMG) three years ago to create one of the largest natural gas processing companies in the Marcellus Shale, now sees a “critical” need to create similar midstream infrastructure in the emerging Utica Shale, CEO Frank Semple said late Monday.

December 15, 2011

Nexen Inks Another JV Deal, This Time in GOM

One day after unveiling a lucrative exploration joint venture (JV) in British Columbia, Nexen Inc. on Wednesday announced that it has inked another partnership agreement for Gulf of Mexico (GOM) leases.

December 1, 2011

Seaway, Keystone Aim to Unlock Midcontinent Oil

The race to break through the Midcontinent bottleneck and flow expanding supplies of crude oil, bolstered by shale production to the Gulf of Mexico (GOM) and world markets moved up by about 300,000 b/d with separate announcements Wednesday of plans to reverse the flow of the Seaway crude oil pipeline, and a possible go-ahead for the Cushing to the GOM southern section of the stalled Keystone XL oil pipeline.

November 18, 2011

ExxonMobil, Rosneft to Partner in U.S. Onshore, Deepwater

ExxonMobil Corp. is working closely with Russia’s state-owned oil company OAO Rosneft to complete some joint partnership agreements worldwide, which include plans to develop projects in the deepwater GOM and in the U.S. onshore, the investor relations chief confirmed Thursday.

October 31, 2011

ExxonMobil Exec Says Rosneft to Participate in U.S. Onshore, Deepwater

ExxonMobil Corp. is working closely with Russia’s state-owned oil company OAO Rosneft to complete some joint partnership agreements worldwide, including plans to develop projects in the deepwater GOM and in the U.S. onshore, the investor relations chief said Thursday.

October 28, 2011

Quicksilver Turns to Barnett MLP to Raise Cash

Liquidity-hungry Quicksilver Resources Inc. is creating a master limited partnership (MLP) with a portion of its Barnett Shale assets, the Fort Worth-based producer said last Wednesday. Proceeds from an initial offering would be used to retire debt.

October 24, 2011

Quicksilver Turns to Barnett MLP to Raise Cash

Liquidity-hungry Quicksilver Resources Inc. is creating a master limited partnership (MLP) with a portion of its Barnett Shale assets, the Fort Worth-based producer said Wednesday. Proceeds from an initial offering would be used to retire debt.

October 21, 2011

Quicksilver Eyes Barnett for Cash Breadbasket

Quicksilver Resources Inc. is hoping to turn some of its Barnett Shale assets into a cash breadbasket through the creation of a master limited partnership (MLP). Proceeds would be used to pay down Quicksilver debt.

October 21, 2011