Worth

Halliburton Co. late Friday agreed to buy pressure control services provider Boots & Coots in a cash-and-stock transaction worth an estimated $240.4 million.

Atlas Energy Inc. has taken on India’s largest company by market value, Reliance Industries Ltd., as a drilling partner in the Marcellus Shale in a transaction worth an estimated $1.7 billion, the companies announced Friday.

Range Resources Corp.’s 2009 natural gas-weighted proved reserves grew 18% to 3.1 Tcfe from 2.7 Tcfe at year-end 2008, the Fort Worth, TX-based independent producer reported Thursday.

Range Resources Corp.’s 2009 natural gas-weighted proved reserves grew 18% to 3.1 Tcfe from 2.7 Tcfe at year-end 2008, the Fort Worth, TX-based independent producer reported Thursday.

A new compressed natural gas (CNG) fueling center is slated for Dallas/Fort Worth International Airport (DFW) to fuel 46 rental car shuttle buses at the international airport. DFW announced Monday that it had awarded a 10-year contract to Seal Beach, CA-based Clean Energy Fuels Corp. to supply the CNG, something it already does at DFW. The final contract is in process of completion. The new Clean Energy Rental Car Center CNG station is slated to open in May, providing 24/7 fueling services to CNG vehicles operating at the airport and in surrounding communities. When the fleet is fully deployed, it is anticipated that the station will dispense more than 500,000 gallons per year. In a related action, DFW also awarded an extension of Clean Energy’s existing contract to maintain and supply the airport’s existing on-site CNG station until June 2020. The station fuels the airport’s terminal buses and operations fleets. It also fuels private fleets, including door-to-door shuttle vans and taxi cabs that were recently granted front-of-the-line privileges for using CNG. The station dispenses more than two million gallons annually. James Harger, Clean Energy Chief Marketing Officer and Senior Vice President, said, “The new rental car center station contract, along with the airport’s decision to extend the term of our current fueling services agreement, grows our ongoing partnership with DFW, where we have been providing natural gas services since 2001.

A new compressed natural gas (CNG) fueling center is slated for Dallas/Fort Worth International Airport (DFW) to fuel 46 rental car shuttle buses at the international airport. DFW announced Monday that it had awarded a 10-year contract to Seal Beach, CA-based Clean Energy Fuels Corp. to supply the CNG, something it already does at DFW. The final contract is in process of completion. The new Clean Energy Rental Car Center CNG station is slated to open in May, providing 24/7 fueling services to CNG vehicles operating at the airport and in surrounding communities. When the fleet is fully deployed, it is anticipated that the station will dispense more than 500,000 gallons per year. In a related action, DFW also awarded an extension of Clean Energy’s existing contract to maintain and supply the airport’s existing on-site CNG station until June 2020. The station fuels the airport’s terminal buses and operations fleets. It also fuels private fleets, including door-to-door shuttle vans and taxi cabs that were recently granted front-of-the-line privileges for using CNG. The station dispenses more than two million gallons annually. James Harger, Clean Energy Chief Marketing Officer and Senior Vice President, said, “The new rental car center station contract, along with the airport’s decision to extend the term of our current fueling services agreement, grows our ongoing partnership with DFW, where we have been providing natural gas services since 2001.

Range Resources Corp.’s natural gas-weighted production in 4Q2009 averaged 457 MMcfe/d, a record high, the Fort Worth, TX-based independent said. Production in the quarter and for the year was up 13% from 4Q2008 and full-year 2008. On a sequential basis, output rose 5% from 3Q2009. Preliminary price realizations, including the impact of derivative settlements, in 4Q2009 averaged $6.59/MMcfe, down 4% from the prior-year period but up 4% sequentially. In 2010 69% of Range’s anticipated gas production is hedged at an average floor price of $5.53/Mcf and an average cap price of $7.33/Mcf.

Range Resources Corp.’s natural gas-weighted production in 4Q2009 averaged 457 MMcfe/d, a record high, the Fort Worth, TX-based independent said. Production in the quarter and for the year was up 13% from 4Q2008 and full-year 2008. On a sequential basis, output rose 5% from 3Q2009. Preliminary price realizations, including the impact of derivative settlements, in 4Q2009 averaged $6.59/MMcfe, down 4% from the prior-year period but up 4% sequentially. In 2010 69% of Range’s anticipated gas production is hedged at an average floor price of $5.53/Mcf and an average cap price of $7.33/Mcf.

The Texas Commission on Environmental Quality (TCEQ) said on-site investigations related to complaints to the Dallas/Fort Worth regional office, which oversees the Barnett Shale’s air quality, are to be given an “immediate response priority” within 12 hours of receiving a complaint.