Nearly two months after securing Mitsubishi Corp. as its foundation shipper, Tennessee Gas Pipeline is holding an open season through Aug. 9 for its Southwest Louisiana Supply Project, which is designed to provide transportation from various supply basins in Ohio, Pennsylvania, Texas and Louisiana to Cameron Interstate Pipeline, which connects directly to the proposed Cameron LNG export terminal in Hackberry, LA.
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Colorado Town Ends Drilling Moratorium, Notches Stringent Agreements
Erie, CO, officials voted 6-1 Monday night to end a six-month moratorium on new oil and natural gas drilling after securing agreements with producers that place stricter regulations on their operations.
BP Eyes Bigger Utica Leasehold
Dry natural gas drilling is coming to a standstill, but BP plc is “looking to see if it might expand” in the liquids-rich Utica Shale after securing a leasehold earlier this year, CEO Bob Dudley said Tuesday.
ZaZa Energy, Hess End Eagle Ford and France JV
ZaZa Energy Corp. and Hess Corp. have ended a joint venture (JV) agreement they made in 2010 for activities in the Eagle Ford Shale in South Texas and the Paris Basin in France. ZaZa is taking over the Eagle Ford activities while Hess will hold the exploration licenses in France.
News Report: Landowners Torn in Shale Regions
On the ground, the shale boom is a mixed bag as rural landowners weigh the alternatives of securing lucrative royalties at the cost of their land being part of an oil/gas industrial push that critics contend is threatening local environments and public water supplies. The Los Angeles Times last Sunday profiled the dilemma through a feature on two brothers with dairy farms in the rich Marcellus Shale in western New York.
Quicksilver in Hunt for Horn River Upstream Partner
After securing a natural gas midstream partnership in the Horn River Basin with Kohlberg Kravis Roberts & Co. (KKR), Quicksilver Resources Inc. now is pursuing a partnership to develop its upstream leasehold, executives said Thursday.
SandRidge Inks $1B JV with Repsol
SandRidge Energy Inc. has eliminated some funding issues hanging over its U.S. development plans after securing a $1 billion joint venture (JV) in a key onshore play with Spain’s Repsol YPF SA.
SandRidge, Repsol to Jointly Develop Kansas Oil Play
SandRidge Energy Inc. has eliminated some funding issues hanging over its development plans after securing a $1 billion joint venture (JV) in a key onshore play with Spain’s Repsol YPF SA.
SandRidge Inks $1B JV with Repsol
SandRidge Energy Inc. has eliminated some funding issues hanging over its U.S. development plans after securing a $1 billion joint venture (JV) in a key onshore play with Spain’s Repsol YPF SA.
Noble, CONSOL Partner in Marcellus
Noble Energy Inc. on Thursday added the Marcellus Shale to its core U.S. holdings after securing a $3.4 billion deal with CONSOL Energy Inc. that gives it half of a 663,350 net-acre leasehold in Pennsylvania and West Virginia, including existing wells and midstream infrastructure.