Anadarko Petroleum Corp. and a unit of Korea National Oil Corp. (KNOC) have struck a joint venture (JV) agreement that gives KNOC one-third of Anadarko’s interest in its southwest Texas Maverick Basin assets in the Eagle Ford Shale for about $1.55 billion.
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API: Deepwater Permitting Delays Threaten Energy Security
Nearly a third of U.S. deepwater production could be rendered uneconomic if Gulf of Mexico (GOM) permitting timelines are extended, according to a report released last week by the American Petroleum Institute (API).
January 31, 2011
API: Deepwater Permitting Delays Threaten Energy Security
Nearly a third of U.S. deepwater production could be rendered uneconomic if Gulf of Mexico (GOM) permitting timelines are extended, according to a report released Tuesday by the American Petroleum Institute (API).
January 27, 2011
Eagle Ford Midstream JV Adding Infrastructure
Kinder Morgan Energy Partners LP and Copano Energy LLC plan to expand their Eagle Ford Gathering LLC joint venture (JV). Interest in the JV has grown along with enthusiasm for the liquids-rich Eagle Ford Shale.
January 10, 2011
Hess Spending Focused Mostly on the United States
Hess Corp. said Friday it will spend more than one-third of its 2011 global capital budget on unconventional oil projects. Recent acquisitions have propelled the company to No. 2 in the Bakken Shale in North Dakota, and some Hess dollars will flow there this year.
January 10, 2011
Hess Spending Mostly Targets United States
Hess Corp. said Friday said it will spend more than one-third of its 2011 global capital budget on unconventional oil projects. Recent acquisitions have propelled the company to No. 2 in the Bakken Shale in North Dakota, and some Hess dollars will flow there this year.
January 10, 2011
Hess Spending to Focus on Unconventional Oil
Hess Corp. said Friday it will spend more than one-third of its 2011 global capital budget on unconventional oil projects. Recent acquisitions have propelled the company to No. 2 in the Bakken Shale in North Dakota, and some Hess dollars will flow there this year.
January 10, 2011
Magnum Hunter to Construct Gas Processor in West Virginia
Magnum Hunter Resources Corp. said Friday it plans to fund construction of a 200 MMcf/d capacity cryogenic natural gas processing plant to serve shale gas producers in the West Virginia portion of the Marcellus Shale.
December 20, 2010
ONEOK Targeting Cana-Woodford, Granite Wash NGLs
ONEOK Partners LP said it will spend $180 million to $240 million by the first half of 2012 for natural gas liquids (NGL) projects in the Cana-Woodford Shale and Granite Wash plays.
December 17, 2010
Europe Soaking Up More LNG
European imports of liquefied natural gas (LNG) hit a new record in November, and the United Kingdom is on track to challenge Spain as the globe’s third largest importer of LNG, according to analysts. Cargoes are largely staying away from the shale gas-soaked U.S. market.
December 13, 2010
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