Stay Connected

COMPANY NEWS: US independents bolstering portfolios amid high gas prices

01/15/2001
US independents, taking advantage of increased cash flow from higher commodity prices-particularly sustained higher natural gas prices-continue a buying spree of some sought-after assets. Among the latest deals:Newfield Exploration Co., Houston, is acquiring Lariat Petroleum Inc. for $333 million, including the assumption of Lariat's debt.Texaco Inc. purchased coalbed methane (CBM) gas properties in the San Juan basin of southwestern Colorado and northwestern New Mexico for $121 million.Sid Richardson Gasoline Co., Fort Worth, has purchased Koch Industries Inc.'s natural gas gathering and processing assets in nine West Texas counties effective last Jan. 1. The price was not disclo...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.