Thompson

Texas Jury Sides with Pickens, Mesa in Permian Deal Gone Awry

A Texas jury last week awarded T. Boone Pickens and his company, Mesa Petroleum Partners LP, up to $146 million after ruling that Permian Basin operators conspired to cheat the oil magnate out of well ownership interests in West Texas.

November 28, 2016
BLM Proposes Canceling Oil/Gas Leases in Colorado’s Thompson Divide

BLM Proposes Canceling Oil/Gas Leases in Colorado’s Thompson Divide

The U.S. Bureau of Land Management (BLM) has proposed canceling 25 oil/natural gas leases that were issued more than a decade ago in the Thompson Divide area of western Colorado. Industry representatives were dismayed by the move.

February 16, 2016

ExxonMobil Resumes Point Thomson Drilling

ExxonMobil Corp. has resumed drilling for natural gas at Point Thomson on Alaska’s North Slope. Construction is ongoing to bring online an initial production system, the company said Thursday. Gas production could one day be liquefied and shipped to Asian markets.

March 12, 2015

Smaller Companies Targeting Shallower Appalachia Formations

As the majors and other large oil and gas companies deploy up and down the Marcellus and Utica shales, a handful of smaller companies are targeting shallower formations like the Upper Devonian Shale, using hydraulic fracturing (fracking) at less expensive wells to achieve their own measure of success.

October 2, 2013

House NatGas Caucus Supports States Rights for Natural Gas

The four co-chairs of the House of Representatives’ Natural Gas Caucus Wednesday had one message for the Obama administration: stay out of state regulators’ oil and natural gas activities.

September 19, 2013

NOV Shopping Spree Continues with $2.5B Robbins & Myers Deal

National Oilwell Varco Inc. (NOV), which this year has completed six acquisitions worth $2 billion, on Thursday continued its shopping spree with a $2.5 billion cash offer for Texas operator Robbins & Myers (R&M). The deal would mark NOV’s biggest single acquisition since 2008, when it paid $7.7 billion to buy Grant Prideco.

August 10, 2012

Industry Brief

Quest Resource Corp., a Kansas-based independent, has retained Carl Thompson Associates to implement a national investor relations program in the next 12 months. Quest Resource is primarily involved in the exploration, production and transportation of natural gas in a 500-square-mile area of southeast Kansas, operating a 150-mile natural gas pipeline network to serve local and interstate markets. Currently, Quest is producing approximately 2,000 Mcf/d from 40 wells. It plans to drill between 40 and 50 more wells a year in the next several years.

August 21, 2001

ANR Phase II Project Wins Backing of Wisconsin Governor

Wisconsin Gov. Tommy G. Thompson says he supports phase two ofANR Pipeline’s Wisconsin 2000 Expansion that would add 194 MMcf/dof firm capacity to meet peak-day requirements and the needs of thegrowing power generation market in the state.

May 24, 1999

WI Governor Shows Support for ANR Project

Wisconsin Gov. Tommy G. Thompson said he supports phase two ofANR Pipeline’s Wisconsin 2000 Expansion that would add 194 MMcf/dof firm capacity to meet peak-day requirements and the needs of thegrowing power generation market in the state.

May 19, 1999

Processing Volumes Rise at Alberta Plant

Calgary-based TransCanada Gas Processing Ltd., the generalpartner of TransCanada Gas Processing LP, said processing volumesat the Cutbank Joule-Thompson (J-T) plant have increasedsignificantly since operations began last month due to tie-in ofChevron Canada Resources production four months ahead of schedule.

April 29, 1999