Wyoming Gov. Matt Mead on Wednesday signed a new law changing the requirements for the state’s oil and natural gas supervisor, a post that has been vacant since June. Senate Enrolled Act 3 changes the criteria for the top oil/gas spot in the Wyoming Oil and Gas Conservation Commission (OGCC).
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Freeport LNG Taking Contracts to Bank
BP plc has signed up for second train liquefaction capacity with Freeport LNG Expansion LP under a binding 20-year liquefaction tolling agreement (LTA), Freeport said last week.
Pioneer Ramps Up in Wolfcamp, Eagle Ford
With a recently signed joint venture agreement targeting the Wolfcamp Shale in hand, Pioneer Natural Resources Co. this year plans to step up horizontal drilling there. In the Eagle Ford, longer laterals and more white sand proppant instead of ceramic are on the agenda.
Pioneer Ramping Up Wolfcamp, Eagle Ford Activity
With a recently signed joint venture agreement targeting the Wolfcamp Shale in hand, Pioneer Natural Resources Co. this year plans to step up horizontal drilling there. In the Eagle Ford, longer laterals and more white sand proppant instead of ceramic are on the agenda.
Executive Order Strengthens Infrastructure Cybersecurity
President Obama on Tuesday signed an executive order to strengthen the cybersecurity of critical U.S. infrastructure by increasing information sharing and by jointly developing and implementing with industry partners a framework of cybersecurity practices.
BP Contract in Pocket, Freeport LNG Seeking Financing
BP plc has signed up for second train liquefaction capacity with Freeport LNG Expansion LP under a binding 20-year liquefaction tolling agreement (LTA), Freeport said Monday.
India’s Gail, EDF Trading JV to Gain North American Energy Assets
GAIL India Ltd., India’s s state-owned gas utility and a large energy importer, signed an agreement Thursday with global energy trader EDF Trading to acquire and develop oil and gas assets in North America.
Pioneer Strikes Wolfcamp JV, Drops Barnett Sale
Pioneer Natural Resources Co. has signed an agreement with Sinochem Petroleum USA LLC, a U.S. subsidiary of China’s Sinochem Group, to sell 40% of its interest in 207,000 net acres leased by the Pioneer in the horizontal Wolfcamp Shale in the southern portion of the Spraberry Trend Area Field for $1.7 billion.
Pioneer Strikes Wolfcamp JV, Abandons Barnett Sale
Pioneer Natural Resources Co. has signed an agreement with Sinochem Petroleum USA LLC, a U.S. subsidiary of China’s Sinochem Group, to sell 40% of its interest in 207,000 net acres leased by the Pioneer in the horizontal Wolfcamp Shale in the southern portion of the Spraberry Trend Area Field for $1.7 billion.
Atlas Speeds Up Processing, Signs SandRidge, Mississippian Lime Deal
Atlas Pipeline Partners LP said Monday it was accelerating the completion of a $200 million, 200 MMcf/d processing plant in West Texas and separately has signed a contract with SandRidge Energy Inc., the partnership’s largest producer customer in the Mississippian Lime.