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Assets

Assets news and technical articles from Oil & Gas Journal. Search Assets latest and archived news and articles

  1. MDU Resources unit buys Bakken midstream assets

    Article

    Mon, 21 May 2012

    Creek Pipelines LLC subsidiary, plays to pay $66 million for a 50% interest in Whiting Oil & Gas Corp.’s Bakken midstream assets near Belfield, ND. The facilities include a new gas processing plant and gas gathering pipeline system connected to the plant

  2. BHP Billiton ponders writedown of US shale gas assets

    Article

    Tue, 15 May 2012

    Petroleum is considering whether to write down its US shale gas assets by the end of the quarter, as it already plans to cut the number ..... Online, July 25, 2011 ). BHP Billiton plans to review its assets at the end of its financial year on June 30. “We hope everybody

  1. Kinder Morgan to acquire midstream assets

    Article

    Thu, 26 Apr 2012

    in a joint venture that owns midstream assets in Utah and Texas. The consideration ..... gathering, processing, and treating assets in the Unita basin in Utah and the Camino ..... of oil. KKR bought its interest in the assets from El Paso Midstream Group Inc. in

  2. Crown Point to acquire Antrim Argentina assets

    Article

    Mon, 26 Mar 2012

    unanimously approved Crown Point’s acquisition of the assets of Antrim Argentina SA for $10.26 million cash and 35.7 million Crown Point common shares. Antrim Argentina’s assets are a 25.78% nonoperated interest in Tierra Del Fuego concessions

  3. Texas: Aminex USA selling Somerset oil field assets

    Article

    Thu, 1 Mar 2012

    Bexar and Atascosa counties, Tex., as it rationalizes its assets . Part of the field is being sold for $326,600 to Sun Edison ..... solar farms on the property. The rest of the field and related assets are being sold for $375,000 to Cheap Oil Inc., which Aminex

  4. Hilcorp to buy Marathon's Cook Inlet gas assets

    Article

    Tue, 10 Apr 2012

    Hilcorp Alaska LLC signed a definitive agreement to buy Marathon Oil Corp.’s assets in Alaska’s Cook Inlet, subject to required approvals, by the fall of 2012. Marathon’s net production from the properties

  5. KKR to acquire Barnett shale, Arkoma basin assets

    Article

    Mon, 2 Apr 2012

    Kohlberg Kravis Roberts & Co. LP (KKR) agreed to acquire certain Barnett shale and Arkoma basin assets from WPX Energy for $306 million. The transaction, expected to close during the second quarter, is being made through KKR Natural

  6. PetroChina to buy 20% of Shell's Canadian shale gas assets

    Article

    Mon, 13 Feb 2012

    Royal Dutch Shell PLC's Groundbirch assets in northeastern British Columbia. "I ..... value of the agreement for the Groundbirch assets , but financial news site FinanceAsia ..... believes production from the Groundbirch assets could approach 500,000 Mcfd by 2014

  7. Energen buying more Wolfberry assets

    Article

    Mon, 13 Feb 2012

    to acquire proved, undeveloped oil and natural gas liquids assets in the Permian basin's Wolfberry play from a private seller ..... said the company, adding that it has no plans to develop the assets before 2013. Energen Resources previously said 54% of its

  8. PetroChina to buy 20% of Shell's Canadian shale gas assets

    Article

    Mon, 6 Feb 2012

    Royal Dutch Shell PLC’s Groundbirch assets in northeastern British Columbia. “I ..... value of the agreement for the Groundbirch assets , but financial news site FinanceAsia reported ..... believes production from the Groundbirch assets could approach 500,000 Mcfd by 2014