Rosetta Resources Inc. has raised its 2013 guidance for spending and production and increased its borrowing base in light of its pending acquisition of Permian Basin assets announced last month.
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Petrochemical Investors Banking on U.S. Natural Gas
There’s hardly a place in the world more attractive today to petrochemical investment dollars than North America, an IHS Chemical executive said last week.
Court Dings BLM for Failing to Assess Fracking Impact in Monterey
The federal Bureau of Land Management (BLM) did not give sufficient attention to the potential environmental impact from hydraulic fracturing (fracking) when it issued oil/gas leases for 2,500 acres two years ago, a judge in the U.S. District Court, Northern District of California, in San Jose ruled on Monday.
Petrochemical Investors Banking on U.S. Natural Gas
There’s hardly a place in the world more attractive today to petrochemical investment dollars than North America, an IHS Chemical executive said Tuesday.
Kinder Expanding Project for Eagle Ford Crude
Kinder Morgan Energy Partners LP (KMP) and BP North America have struck a long-term, fee-based agreement supporting an additional 50,000 b/d of throughput capacity at a condensate processing facility KMP is constructing on the Houston Ship Channel.
New Sulfur Issue Confronts Gas Gathering in Bakken
In the rush to get more gathering and processing infrastructure in place to handle currently flared Bakken Shale associated gas, some hurdles are being met by wells with heavy concentrations of sour gas, or high hydrogen sulfide (H2S) levels, according to North Dakota energy officials.
Oneok Reports 90,000 B/d of Ethane Rejection
Oneok Inc. and its pipeline partnership currently are experiencing more than 90,000 b/d of ethane rejection across the natural gas liquids (NGL) pipeline systems, a level expected to be in place “for much of the year,” a top executive said last week.
Oneok Sees 90,000 B/d of Ethane Rejection Across NGL Systems
Oneok Inc. and its pipeline partnership currently are experiencing more than 90,000 b/d of ethane rejection across the natural gas liquids (NGL) pipeline systems, a level expected to be in place “for much of the year,” a top executive said Tuesday.
North Carolina Senate Passes Bill to Allow Fracking, Consider Offshore
The Domestic Energy Jobs Act (SB 76) was passed by the North Carolina Senate Wednesday, setting the stage for horizontal drilling and hydraulic fracturing (fracking) of oil and natural gas wells to begin in the state two years from now. It also encourages the governor to coordinate with South Carolina and Virginia for offshore drilling.
‘NatGas Highway’ Taking Shape, Fueling Firm Reports
With the first 70 fueling stations in place for natural gas vehicles (NGV), the national network for a “natural gas highway” is set to surpass last year’s growth in 2013, according to Seal Beach, CA-based Clean Energy Fuels Corp., which said Tuesday that its core business of building fueling facilities shot up 87% last year from 2011.