Said

Former natural gas company executive and Arkansas gubernatorial candidate Sheffield Nelson has said he may push to allow the state’s voters to decide next year whether the severance tax on natural gas production should be raised to 7%, according to press reports.

Riverstone Holdings LLC, the private equity firm with its hand in several North American energy enterprises, is said to be in the hunt for BP plc’s natural gas liquids (NGL) business in Canada.

Riverstone Holdings LLC, the private equity firm with its hand in several North American energy enterprises, is said to be in the hunt for BP plc’s natural gas liquids (NGL) business in Canada.

Wabash Gas Storage LLC said a recent open season garnered bids for more than three times the capacity of its 12-14 Bcf storage facility under development in eastern Illinois near Midwestern Gas Transmission Co. pipeline’s Paris compressor station (see Daily GPI, Nov. 16). Injection and withdrawal capacity of the facility is estimated at 200,000 MMBtu/d. Wabash also received expressions of interest in having the storage project interconnect with the Rockies Express and Panhandle Eastern pipeline systems.

ANR reported completing repairs at the Eunice Compressor Station in southeast Louisiana and has lifted all associated capacity restrictions.

Kohlberg Kravis Roberts & Co. (KKR) has acquired certain oil and gas assets in southeast Texas in two related deals valued at a combined $40 million, the firm said. The assets are largely comprised of long-lived natural gas wells producing out of the Wilcox formation. The acquisitions are the first by KKR Natural Resources, KKR’s partnership with Premier Natural Resources, which was formed earlier this year to pursue oil and gas investments in North America.

An Apache Corp. unit has completed its acquisition of substantially all of BP plc’s upstream natural gas business in western Alberta and British Columbia, the company said Tuesday. It marks the second closing of Apache’s three-part acquisition of BP assets.

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Thursday said it was seeking comments on the appropriate use of categorical exclusions (CEs) with respect to the development of oil and natural gas on the Outer Continental Shelf (OCS).

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Thursday said it was seeking comments on the appropriate use of categorical exclusions (CE) with respect to the development of oil and natural gas on the Outer Continental Shelf (OCS).