BP plc’s Alaska presence will become more visible over the next five years as the oil major pours an additional $1 billion into natural gas and oil development on the North Slope with a to-do list that includes more drilling rigs and more workers.
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BP Pouring $1B More into Alaska on Favorable Energy Policies
BP plc’s Alaska presence will become more visible over the next five years as the oil major pours an additional $1 billion into natural gas and oil development on the North Slope with a to-do list that includes adding more drilling rigs and more workers, the operator said Monday.
Noble Energy Considering Larger Offices in Marcellus
Noble Energy Inc. is considering a move to larger offices in the Marcellus Shale to accommodate its growing presence in the play.
Williams Buys Half of Chesapeake’s Former Midstream Business
Williams, which has been expanding its onshore presence in the Marcellus and Utica shales, late Tuesday snagged a deal to significantly expand its onshore footprint in a $2.4 billion transaction to acquire half of the natural gas pipeline system once owned by Chesapeake Energy Corp.
Gibson, Omni Merger Expands Onshore Environmental Services
Calgary’s Gibson Energy Inc. is beefing up its U.S. onshore services with a US$445 million agreement to buy privately held Omni Energy Services Corp., based in Louisiana.
East Coast Distributor Takes Bakken Shale Transloading Stake
Expanding its presence in the Bakken Shale region, Global Partners LP has agreed to acquire a 60% membership interest in Basin Transload LLC, which operates two transloading facilities in North Dakota with a combined rail loading capacity of 160,000 b/d.
EIA June Gas Output Figures Recall TS Debby
Tropical Storm Debby made her presence felt in June monthly production figures from the Energy Information Administration (EIA) as natural gas production from the federal offshore Gulf of Mexico (GOM) was off 6.8% from May (see NGI, Aug. 6).
EIA June Production Figures Recall TS Debby
Tropical Storm Debby made her presence felt in June monthly production figures from the Energy Information Administration (EIA) as natural gas production from the federal offshore Gulf of Mexico (GOM) was off 6.8% from May (see Daily GPI, Aug. 2).
Regency Announces Eagle Ford Gathering, Treating Expansion
Dealing with an Eagle Ford gas flow that has turned out to be much more liquids-rich than expected, Regency Energy Partners LP announced Monday that it will expand its Edwards Lime gathering joint venture in the South Texas shale play to increase the system’s capacity by 90 MMcf/d to 160 MMcf/d, and provide for additional crude transportation and stabilization capacity of 17,000 b/d.
NGX Adds Physical Clearing to Three U.S. Hubs
In continuing to increase it’s U.S. presence, Calgary-based Natural Gas Exchange Inc. (NGX), a subsidiary of TMX Group Inc., has added three natural gas hubs in the United States for physical clearing.