Shale Daily

Canyon Midstream Partners LLC has signed separate gathering and processing agreements with Apache Corp. and XTO Energy Inc. for midstream services on its James Lake system in the Permian Basin, the company said Thursday.

SemGroup Corp. partnership Rose Rock Midstream LP agreed to buy Chesapeake Energy Corp.’s crude oil trucking assets in Texas, Oklahoma and Ohio for an undisclosed sum. The acquisition includes 124 trucks, 122 trailers and other equipment, as well as term transportation agreements at market rates with Chesapeake Energy Marketing Inc. About 200 Chesapeake employees are to be offered positions with Rose Rock, more than doubling its workforce. Once completed, Rose Rock would have a fleet with more than 200 trucks and about 350 employees. Most of Rose Rock’s assets would be located in or connected to the Cushing, OK, marketing hub.

The Pennsylvania Public Utility Commission (PUC) has made public the county and municipal recipients of impact fee revenue collected last year from unconventional oil and gas companies, including the amount disbursed to each entity.

As expected, Summit Midstream Partners LLC has exercised its option to acquire a 40% interest in two companies developing midstream infrastructure in southeast Ohio, under a deal that found it entering the Utica Shale in December when it agreed to purchase the assets of Blackhawk Midstream LLC (see Shale Daily,Dec. 23, 2013).

Explosive and unparalleled growth in the Appalachian Basin was the center of attention Wednesday as the first day of Hart Energy’s DUG (Developing Unconventional Gas) East Conference in Pittsburgh got underway.

An upstart New Jersey-based company with backing from Israel Corp., Primus Green Energy Inc., is poised to market a gas-to-liquid (GTL) solution for flared associated gas in North Dakota and other parts of the globe seeking to harness the wasted offshoot of today’s crude oil boom.

With the brutally cold 2013-2014 winter firmly in the rearview mirror, the question that now looms is whether it will be possible to refill natural gas storage reservoirs in time for next winter, and at what price. Answering these questions would require an idea of how much gas should be in storage by the start of the heating season, according to NGI Markets analyst Nathan Harrison.

As its operational footprint in Ohio has continued to shift toward the southeast, following an intensifying pattern of other operators moving toward the Utica Shale’s core, Consol Energy Inc. last month closed its northeast Ohio field office in Columbiana County.

Geologists in North Carolina plan to collect rock samples from seven counties in the western part of the state this summer to test for oil and natural gas. Meanwhile, a bill that would open the Tar Heel State to shale development is headed to Gov. Pat McCrory’s desk for his signature.