Rex

As it nears completion of its Zone 3 Capacity Enhancement Project, the Rockies Express Pipeline has seen its focus shift toward adding more end-user contracts to its portfolio, according to Tallgrass Energy Partners LP’s Doug Walker, vice president of business development.

Rex Energy Corp. said Monday it would begin moving half of its natural gas production in Western Pennsylvania to premium markets on the Gulf Coast and in the Midwest in November.

Rex Energy Corp. said late Tuesday that it has finally reached an agreement to sell its legacy assets in the Illinois Basin for $40 million to land broker Campbell Development Group LLC.

Rex Energy Corp. spent the first quarter buying time and looking ahead for what management hopes will be a more stable 2017, executing balance sheet initiatives to boost liquidity and save more money, while steadily drilling acreage in Ohio and Pennsylvania to hold it with production.

Rex Energy Corp. spent the first quarter buying time and looking ahead for what management hopes will be a more stable 2017, executing balance sheet initiatives to boost liquidity and save more money, while steadily drilling acreage in Ohio and Pennsylvania to hold it with production.

A unit of San Diego-based Sempra Energy has agreed to sell its 25% stake in the Rockies Express Pipeline (REX) to Tallgrass Development LP for $440 million in cash, which would hand Tallgrass a three-quarter stake in the massive natural gas system.

In a series of U.S. Securities and Exchange Commission (SEC) filings made since February, Rex Energy Corp. disclosed the toll that the prolonged commodities downturn has had on the company’s financial strength.

A force majeure declared Tuesday on the Rockies Express Pipeline (REX) system remained in effect Wednesday morning and has resulted in an approximately 1.1 Bcf/d reduction in east-to-west flow from the recent throughput level of 1.8 Bcf/d.

FERC has issued a certificate for Rockies Express Pipeline LLC’s (REX) Zone 3 Capacity Enhancement Project, which is expected to create an additional 800,000 Dth/d of capacity within the pipeline’s Zone 3.