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  • Volume 3, Issue 5
  • Volume 3, Issue 5

    New Plants

    Eagle Ford Briefs

    Sept. 28, 2015
    Howard Energy advances Nueva Era pipeline plansHoward Midstream Energy Partners LLC said its joint venture with Mexico-based service firm Grupo Clisa will move forward with construction...
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    Companies

    Wood Mackenzie: Eagle Ford oil, condensate production could hit 2 million b/d in 2020

    Sept. 28, 2015
    Eagle Ford production growth remains resilient because sweet spots continue to emerge across all active subplays despite an activity slowdown caused by low oil and gas prices,...
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    General Interest

    Navitas acquires Midland basin midstream assets

    Sept. 28, 2015
    Navitas Midstream Partners LLC of The Woodlands, Tex.,acquired natural gas gathering and processing assets serving Martin, Midland, and Glasscock counties in Texas from a subsidiary...
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    Government

    Injunction issued in 13 states on EPA water rule

    Sept. 28, 2015
    A federal court in Fargo, ND, temporarily blocked an Environmental Protection Agency rule intended to give the EPA and the Army Corps of Engineers authority over smaller waterways...
    Companies

    Ares Management to buy WPX's gathering system

    Sept. 28, 2015
    WPX Energy Inc. plans to sell its North Dakota gathering system for nearly $185 million to Ares EIF Group, a subsidiary of Ares Management LP. WPX of Tulsa continues selling assets...

    More content from Volume 3, Issue 5

    Tankers

    Judge: Oil-rail information subject to public disclosure

    Sept. 28, 2015
    A Baltimore City Circuit Court ruled that the information railroads submit to the state about the volume and frequency of crude oil rail shipments is public and subject to disclosure...
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    Pipelines

    End of The Line: Could Bakken Crude-by-Rail Transport Disappear?

    Sept. 28, 2015
    Bakken crude-by-rail (CBR) volumes are down this year, and pipeline shipments are increasing as production levels off in the wake of last year's price crash.
    Reserves

    Reserve-based lending for unconventional reserves

    Sept. 28, 2015
    Oil and gas exploration and production companies (producers) need lots of capital. Equity financing is often more expensive than the producer's managers desire.
    Companies

    Service company combo to link expertise, valves

    Sept. 28, 2015
    Schlumberger Ltd. plans to acquire equipment manufacturer Cameron International Corp. for $14.8 billion, including debt and other costs.
    Home

    PwC US: Utica most active shale play for 2Q M&A activity in oil, gas industry

    Sept. 28, 2015
    The Utica was the most active shale play for upstream mergers and acquisitions having values greater than $50 million during the second quarter, said analysis from PwC using transaction...
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    General Interest

    Time on Tool: A Potential Untapped Reserve for Efficiency Gains and Cost-Cutting

    Sept. 28, 2015
    The energy industry continues to undergo a seismic shift. While the ongoing revolution within the industry is still driven by development of unconventional oil and gas, the recent...
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    Drilling & Production

    IEA: Continued low oil prices slam brakes on US light, tight oil growth

    Sept. 28, 2015
    A recent spiral in US light, sweet crude oil prices on the New York Mercantile Exchange to 6-year lows accompanied by a drilling slowdown across most unconventional plays was ...
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    General Interest

    Shale producers announce second-quarter impairments

    Sept. 28, 2015
    Independent producers face a dilemma when it comes to light, tight oil production because each new well means more output to sell, but those barrels also add to a growing US oil...
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    Companies

    IHS: Gloomy oil price outlook means more US, Canada E&P asset impairments likely

    Sept. 28, 2015
    An elevated level of asset impairments during the first two quarters, coupled with a bleak crude oil price outlook, has put 2015 on track to experience the highest exploration...
    New Plants

    Bakken Briefs

    Sept. 28, 2015
    KM Double H pipeline moves Wyoming oilKinder Morgan Inc. has begun receiving Powder River basin crude oil into its Double H pipeline system via a newly constructed connection ...
    Reserves

    PGC report: US gas resource base reaches a record 2,515 tcf

    Sept. 28, 2015
    Appalachian basin shale gas resource estimates are growing. The Potential Gas Committee reported the Atlantic area is the richest US gas-resource area with an estimated 35% of...
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    Production Operations

    Study estimates impacts if DRB, New York fracing bans were lifted

    Sept. 28, 2015
    A nonpartisan analysis group estimates up to 4,000 more Marcellus natural gas wells on 500-1,000 pads could be drilled in the Delaware River Basin (DRB) if hydraulic fracturing...
    Pipelines & Transportation

    Pennsylvania's governor releases crude-by-rail study recommendations

    Sept. 28, 2015
    Pennsylvania Gov. Tom Wolf (D) released 27 recommendations from a study he had requested earlier this year regarding issues stemming from the growing number of crude oil shipments...
    Companies

    Marcellus Briefs

    Sept. 28, 2015
    Warren Resources tests Upper Marcellus wellsWarren Resources Inc., New York, reported two of its Upper Marcellus wells produced a combined 17 MMcfd during 2 weeks with 3% of flowback...
    Drilling Operations

    Pennsylvania revises draft of updates to state oil, gas regulations, final rules nearing completion

    Sept. 28, 2015
    Updated revisions to Pennsylvania's Chapter 78, which regulates oil and natural gas unconventional and conventional wells, were released during August by Department of Environmental...
    Companies

    Williams and Chesapeake Energy modify contracts to enhance Utica gas-gathering terms, consolidate Haynesville contracts into fixed-fee

    Sept. 28, 2015
    Chesapeake Energy Corp. announced it struck a deal with Williams Cos. to change the payment structure for gas moved across the growing production areas of eastern Ohio's Utica...
    Companies

    MarkWest, EMG expand Utica dry gas gathering capabilities

    Sept. 28, 2015
    MarkWest Energy Partners LP and the Energy & Minerals Group (EMG) agreed to develop a large-scale dry gas gathering system to expand Utica midstream operations, and the new gathering...
    Home

    Utica Briefs

    Sept. 28, 2015
    Bank affirms $350-million credit for Rex EnergyRex Energy Corp. of State College, Pa., said its bank group reaffirmed an existing $350 million borrowing base.The bank group re...
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    Companies

    Operators say IP rates indicate great potential from deep Utica dry gas

    Sept. 28, 2015
    Several independent operators have reported highly promising initial production from the deep Utica dry gas play in southwestern Pennsylvania, northwestern West Virginia, and ...
    Companies

    EQT reports high IP Rate For Utica Dry Gas well

    Sept. 28, 2015
    EQT Corp., Pittsburgh, said a deep Utica dry gas well averaged 72.9 MMcfd with an average flowing casing pressure of 8,641 psi during a 24-hr test. The well was completed using...
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    Drilling & Production

    Monitoring finds no harm to Marcellus water

    Sept. 28, 2015
    The Susquehanna River Basin Commission (SRBC) said Marcellus shale development has not harmed water quality based on findings from its third report on water-quality conditions...