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Noncore Assets

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  1. ConocoPhillips sells Seaway line stake; Enbridge-EPP line to reverse

    Online Articles

    Wed, 16 Nov 2011

    following approval by shareholders in Colonial. ConocoPhillips described the sales as part of an ongoing effort to divest noncore assets . ConocoPhillips sold the Seaway Products Pipeline Co. to DCP Midstream in June. DCP will convert the line to NGL

  2. Encana, Mitsubishi form Cutbank Ridge shale gas partnership

    Online Articles

    Mon, 27 Feb 2012

    capital spending reductions elsewhere in its natural gas portfolio," Eresman said. Encana divested $2.1 billion in noncore assets last year and invested $515 million in liquids-rich assets. The company's 2012 budget of $2.9 billion represents

  3. Encana to sell Barnett shale gas assets for $975 million

    Online Articles

    Thu, 3 Nov 2011

    EnerVest Ltd. for $975 million as part of Encana’s previously announced plans to divest up to $2 billion in noncore assets by yearend. The properties produce 125 MMcfd equivalent of gas and include associated gathering pipelines on 50

  4. Encana, Mitsubishi form Cutbank Ridge shale gas partnership

    Online Articles

    Fri, 17 Feb 2012

    spending reductions elsewhere in its natural gas portfolio,” Eresman said. Encana divested $2.1 billion in noncore assets last year and invested $515 million in liquids-rich assets. The company’s 2012 budget of $2.9 billion represents

  5. OGJ Newsletter

    Online Articles

    Mon, 5 Mar 2012

    Bacton, UK, and 20 billion cu m/year in the opposite direction. Eni said the transaction fits its strategy to shed noncore assets . Fluxys G is Belgium's independent gas transmission system operator. Snam, Milan, builds and operates gas systems

  6. Denbury updates EOR floods, Bakken production

    Online Articles

    Mon, 16 Apr 2012

    company’s drilling program and favorable winter operating conditions in that area. Excluding the contribution from noncore assets divested to date in 2012, first quarter 2012 production would have been 2% lower at 69,773 boe/d. As a result

  7. OGJ Newsletter

    Magazine Articles

    Mon, 1 Nov 2010

    Chairman and Chief Executive Officer Bill Klesse said the sale is part of the refining company's strategy to divest noncore assets . Genesis is a midstream MLP with businesses in oil and carbon-dioxide pipelines, refinery services (mainly sulfur

  8. Genesis to buy Valero's share of oil line

    Online Articles

    Tue, 26 Oct 2010

    Chairman and Chief Executive Officer Bill Klesse said the sale is part of the refining company’s strategy to divest noncore assets . Genesis is a midstream master limited partnership with businesses in oil and carbon-dioxide pipelines, refinery

  9. OGJ Newsletter

    Magazine Articles

    Mon, 6 Sep 2010

    exists to increase recovery from currently producing reservoirs. Suncor said the sale is part of a plan to divest noncore assets . Including the new deal, the company has sold or agreed to sell assets worth $2.8 billion. ConocoPhillips

  10. ConocoPhillips sells truck stop interest

    Online Articles

    Thu, 1 Jul 2010

    Pilot Travel Centers for $626 million. The deal, part of ConocoPhillips’s program to divest $10 billion in noncore assets , includes a long-term product-supply agreement with Pilot.