Crestwood Equity Partners LP is taking a three-pronged approach to ensuring its Bakken Shale customers are able to move their crude oil volumes to market in the event that the Dakota Access Pipeline (DAPL) shuts down, either temporarily or permanently. On the second quarter earnings call held Tuesday, CEO Bob Phillips said the commercial and…
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Finally Toppled by Debt, Chesapeake in Bankruptcy
Chesapeake Energy Corp., once a symbol of the American natural gas industry’s revival and a disruptive leader that helped spark the nation’s unconventional boom, filed for Chapter 11 protection on Sunday to wipe out $7 billion of debt. The move follows months of speculation and years of cost-cutting initiatives at the Oklahoma City-based independent, which…
June 29, 2020
Wyoming BLM to Revise Environmental Assessment on Sand Creek Drilling Proposal
A Wyoming unit of the U.S. Bureau of Land Management (BLM) has reversed the environmental assessment (EA) process to consider possible climate change impacts on a proposed 156-well drilling project by Houston-based EOG Resources Inc. in the Powder River Basin (PRB).
June 5, 2019
DJ, PRB Infrastructure Expanding as Natural Gas, Oil Production Increases
With natural gas production topping 5 Bcf/d in the Niobrara formation of the Rocky Mountains, including the Powder River Basin (PRB) of Wyoming and the Denver-Julesburg (DJ) Basin of Colorado, the region is becoming a new center for infrastructure build-out.
November 15, 2018
Evolution Midstream Buying Natural Gas System in Wyoming PRB
Denver-based Evolution Midstream LLC is buying the Rowdy natural gas gathering system in Wyoming’s Powder River Basin (PRB) from Dallas-based Lucid Energy Group. The price was not disclosed. Closing is expected July 1.
June 7, 2017
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