E&P

Global equipment manufacturer Dover Corp. is making a deal to buy artificial lift specialist Accelerated Cos. LLC to expand its reach in the U.S. unconventional drilling market.

WPX Energy Inc. should be able to put more muscle into its western onshore prospects after it receives an expected $294 million following a merger of international subsidiary Apco Oil and Gas International and privately held Pluspetrol Resources Corp., analysts said Friday.

Pennsylvania Department of Environmental Protection (DEP) Secretary Christopher Abruzzo, along with the agency’s top attorney, resigned on Thursday following a rapidly unfolding scandal involving sexually explicit emails that were exchanged among dozens of former and current staffers in the state attorney general’s office.

Linn Energy LLC struck two deals to sell assets in Texas for gross proceeds of $2.3 billion, which will be used to pay for a recent acquisition, the company said Friday.

The West Virginia Department of Commerce is evaluating bids from several exploration and production (E&P) companies interested in valuable mineral rights below the Ohio River in the northern part of the state.

Continuing its push to divest non-core assets across the country in favor of its properties in the Utica and Marcellus shales, Magnum Hunter Resources Corp. has completed the sale of its non-operated working interests in Divide County, ND, for more than $23 million.

Ohio’s Seventh District Court of Appeals has reversed a key decision by a lower court and ruled in favor of a small oil and gas company in a class action case that affected hundreds of angry landowners and threatened the industry’s ability to protect the terms of its leases.

U.S. natural gas production was 2.65 Tcf in July, up 3.7% compared with 2.55 Tcf in July 2013, and total production through the first seven months of 2014 was 18.26 Tcf, up almost 5% compared to the same period last year, thanks in large part to the nation’s shale plays, according to the Energy Information Administration (EIA).

Regulators in 27 states, which collectively account for 98% of domestic oil and natural gas production, have “substantially improved groundwater protection laws and regulations governing oil and natural gas production,” including laws governing hydraulic fracturing (fracking), according to a report by the Ground Water Protection Council (GWPC).