Worth

Total Agrees to Pay Fort Worth $6M for Underpaying Barnett NatGas Royalties

Total E&P USA agreed to pay $6 million to the city of Fort Worth, TX for underpaying natural gas royalties in the Barnett Shale on leases it co-owns with Chesapeake Energy Corp.

March 23, 2016

Five-Year Low During 4Q For U.S. Oil, Gas Dealmaking, Says PwC US

Merger activity in the U.S. energy sector reached its lowest levels in five years during the last three months of 2015, both for values and volumes, PwC US said Thursday.

January 29, 2016

Apache GOM Sale Shifts Focus to Onshore

Apache Corp., which had planned to sell about $4 billion worth of assets by the end of the year, accomplished that goal and more last week after agreeing to sell Gulf of Mexico (GOM) Outer Continental Shelf operations and properties, and the asset retirement obligations, to a Riverstone Holdings affiliate for $5.25 billion total.

July 22, 2013

Summit Midstream Buys Bakken, Marcellus Gathering

Dallas-based Summit Midstream Partners LP (SMLP) is buying two shale gas gathering systems — one in the Bakken and the other in the Marcellus — in two deals worth a combined $460 million. The Marcellus transaction marks the company’s entry into the play.

June 10, 2013

Summit Midstream Spends $460M on Bakken, Marcellus Gathering

Dallas-based Summit Midstream Partners LP (SMLP) is buying two shale gas gathering systems — one in the Bakken and the other in the Marcellus — in two deals worth a combined $460 million. The Marcellus transaction marks the company’s entry into the play.

June 6, 2013

Shale-Driven Chemical Projects A Tax Bonanza

Nearly 100 shale gas-driven chemical industry projects in the United States, worth about $71.7 billion, will generate $20 billion in federal, state and local tax revenue by 2020, according to an analysis by the American Chemistry Council (ACC).

May 27, 2013
$2B in Tax Revenue Expected from Shale-Driven Chemical Projects

$2B in Tax Revenue Expected from Shale-Driven Chemical Projects

Nearly 100 shale gas-driven chemical industry projects in the United States — worth about $71.7 billion — will generate $20 billion in federal, state and local tax revenue by 2020, according to an analysis released Monday by the American Chemistry Council.

May 21, 2013
Trio of Oneok Projects Enters Service

Trio of Oneok Projects Enters Service

Oneok Partners LP has completed three projects that are part of an ongoing growth program worth roughly $5 billion. The partnership’s Bakken NGL Pipeline, Stateline II gas processing facility and new ethane header pipeline have all entered service, the partnership said Tuesday.

April 12, 2013

Kinder Morgan Readies $12B Project Slate

Across the Kinder Morgan companies more than $12 billion worth of expansion projects and joint ventures (JV) have been identified. One of them, conversion of a portion of the El Paso Natural Gas Co. (EPNG) pipeline to oil service is advancing, and a natural gas pipeline opportunity is on the radar, said CEO Richard Kinder.

January 21, 2013

Kinder Morgan Companies Have $12B Project Slate

Across the Kinder Morgan Inc. companies there are more than $12 billion worth of expansion projects and joint ventures (JV) identified. One of them, conversion of a portion of the El Paso Natural Gas Co. (EPNG) pipeline to oil service is advancing, and a new gas pipeline opportunity is on the radar, said CEO Richard Kinder.

January 18, 2013
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