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

  1. BP intends to divest Texas Panhandle assets

    Online Articles

    Mon, 14 Apr 2014

    Production Co. said it intends to divest assets in the Hugoton and Panhandle West fields ..... LP. BP in 2012 sold its Kansas Hugoton assets to Linn Energy LLC for $1.2 billion ..... Petroleum Corp. agreed to sell its Hugoton assets spanning southwest Kansas, the Oklahoma

  2. Imperial to sell conventional assets to Whitecap for $855 million

    Online Articles

    Mon, 17 Mar 2014

    has reached an agreement to sell its interest in conventional assets in Boundary Lake, Cynthia/West Pembina, and Rocky Mountain ..... for $855 million. The deal is expected to close in May. The assets in 2013 produced 15,000 boe/d, split evenly between oil

  3. Apache to sell more Western Canada assets

    Online Articles

    Mon, 31 Mar 2014

    independent Apache Corp. has agreed to sell its producing oil and gas assets in the Deep basin area of western Alberta and British Columbia ..... officer, and president. “The sale of these natural gas assets —and other Canadian gas-producing properties sold last

  4. GeoMet finds buyer for Appalachian CBM assets

    Online Articles

    Mon, 17 Feb 2014

    has agreed to sell its coalbed methane interests and other assets in the Appalachian basin to ARP Mountaineer Productions LLC ..... million. GeoMet in November disclosed its intention to sell the assets , which are in McDowell, Harrison, Wyoming, Raleigh, Barbour

  5. Oxy to sell Hugoton field assets for $1.4 billion

    Online Articles

    Thu, 13 Feb 2014

    Occidental Petroleum Corp. has agreed to sell its Hugoton field assets to an undisclosed buyer for $1.4 billion. Oxy said it anticipates ..... pursue “strategic alternatives” for specific Midcontinent assets , including interests in the Hugoton, Williston basin , Piceance

  6. Devon, Crosstex complete merger of midstream assets

    Online Articles

    Fri, 7 Mar 2014

    Energy LP, Dallas, have completed the merger of their midstream assets to form general partner EnLink Midstream LLC and master limited ..... based entities, together referred to as EnLink Midstream , hold assets in several of North America’s major oil and gas regions

  7. Progress expands BC assets in deals totaling $1.5 billion (Can.)

    Online Articles

    Thu, 13 Mar 2014

    Progress Energy Canada Ltd. , a subsidiary of Malaysia’s state-owned Petronas, has closed on its acquisition of assets in northeastern British Columbia from Talisman Energy Inc. ( OGJ Online, Nov. 11, 2013 ). In addition, Progress will

  8. MDU Resources subsidiary acquires Powder River assets

    Online Articles

    Wed, 12 Feb 2014

    MDU Resources Group Inc. , has agreed to purchase working interests and leasehold positions in oil and natural gas production assets in Wyoming’s southern Powder River basin from undisclosed private sellers. The deal is expected to close on or before Apr

  9. MOL closes purchase of North Sea assets from Wintershall

    Online Articles

    Tue, 25 Mar 2014

    MOL Group , Budapest, has completed its transaction with Wintershall , Kassell, Germany, in which MOL acquires offshore assets with 14 licenses in the North Sea for $375 million ( OGJ Online, Dec. 13, 2013 ). MOL said it has also established a new

  10. Devon Energy to buy Eagle Ford assets for $6 billion

    Magazine Articles

    Mon, 2 Dec 2013

    definitive agreement to purchase Eagle Ford assets from Woodlands, Tex.-based independent ..... quarter 2014. Current production in the assets consists of 53,000 boe/d and 82 ..... boe/well. Devon said it expects the assets to grow at a compound growth rate of 25

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