Selling

Increased sales by BP plc and ConocoPhillips, along with a surge by J. Aron & Co., weren’t enough to overcome third quarter doldrums among companies selling natural gas, according to NGI’s 3Q2012 Top North American Gas Marketers Ranking. read more

Increased sales by BP plc and ConocoPhillips, along with a surge by J. Aron & Co., weren’t enough to overcome third quarter doldrums among companies selling natural gas, according to NGI’s 3Q2012 Top North American Gas Marketers Ranking.

Antero Resources is selling all of its natural gas and pipeline assets in the Piceance Basin for $325 million in cash plus assumption of its Rocky Mountain firm transportation obligations in order to focus more on the Marcellus and Utica shales.

Marathon Oil Corp. is selling all of its interest in 98,409 gross acres (96,738 net) in nine tracts in Karnes, Northern Bee and Wilson counties, TX, in the Eagle Ford Shale. However, the play remains a core focus of the company.

In the fall, a natural gas producer’s heart turns to selling more gas at higher prices. This winter should be somewhat colder — and more rewarding to producers — than last, according to the Natural Gas Supply Association’s (NGSA) Winter Outlook, released last Wednesday.

In the fall, a natural gas producer’s heart turns to selling more gas at higher prices. This winter should be somewhat colder — and more rewarding to producers — than last, according to the Natural Gas Supply Association’s (NGSA) Winter Outlook, released Wednesday.

Tallgrass Energy Partners LP of Overland Park, KS, is buying a slate of assets from Kinder Morgan Energy Partners LP (KMP) that the partnership is selling to comply with antitrust stipulations related to Kinder Morgan Inc.’s (KMI) recent acquisition of El Paso Corp.

Tallgrass Energy Partners LP of Overland Park, KS, is buying a slate of assets from Kinder Morgan Energy Partners LP (KMP) that the partnership is selling to comply with antitrust stipulations related to Kinder Morgan Inc.’s (KMI) recent acquisition of El Paso Corp.

BP America Production Co. on Friday said it is selling the Sunray and Hemphill natural gas processing plants in the Texas Panhandle, together with their 2,500-mile associated gas gathering pipeline system, to Houston midstream operator Eagle Rock Energy Partners LP for $227.5 million in cash.