Sister

A man who worked briefly for a company that built a natural gas pipeline in Lycoming County, PA, for Chief Oil and Gas LLC has pleaded guilty to damaging the pipeline after the construction company fired him, according to the U.S. Attorney’s Office for the Middle District of Pennsylvania.

Penn Virginia Resource Partners LP (PVR) is buying Chief Gathering LLC for $1 billion. Chief Gathering serves northeastern Pennsylvania Marcellus Shale producers and is a sister company to producer Chief Oil & Gas LLC.

It seems like everybody and their brother and sister has begun pushing more drilling capital expenditures into “oilier” shale gas assets, somewhat at the expense of the drier plays. What will it take to return some of the former luster of nearly all-dry plays such as Haynesville?

The United States Commodity Funds LLC (USCF) completed a 28-month process on Wednesday to launch its United States 12-Month Natural Gas (UNL) exchange-traded product. Unlike its sister United States Natural Gas (UNG) fund offering, which focuses on replicating price changes of the near-month New York Mercantile Exchange (Nymex) futures contract, the UNL exchange-traded fund (ETF) will attempt to track movements in the prices of the nearest 12-month Nymex futures strip.

Joining its sister Sempra Energy utility in San Diego, Los Angeles-based Southern California Gas Co.(SoCalGas) reached out to the low-income segment of its nearly 6 million-meter customer base Wednesday to urge customers who qualify to apply for a 20% discount on future monthly retail utility bills.

Houston-based Amerex Natural Gas Inc. and sister company AmerexPower Inc. together bought the gas and electricity brokeragebusinesses of Houston-based BTU Brokers Ltd. for an undisclosedprice. As a result, Amerex’s daily average of physical and papergas deals grew 12.4% to $287 million, and physical and paper powerdeals increased 5% to $175 million for a combined annual value of$121 billion in gas and power deals.

Houston-based Amerex Natural Gas Inc. and sister company AmerexPower Inc. together bought the gas and electricity brokeragebusinesses of Houston-based BTU Brokers Ltd. for an undisclosedprice. As a result, Amerex’s daily average of physical and papergas deals grew 12.4% to $287 million, and physical and paper powerdeals increased 5% to $175 million for a combined annual value of$121 billion in gas and power deals.