More Unconventional News

Devon Energy to buy Eagle Ford assets for $6 billion

Nov 20, 2013

Devon Energy Corp. has reached a definitive agreement to purchase Eagle Ford assets from Woodlands, Tex.-based independent GeoSouthern Energy for $6 billion in cash. The transaction is expected to close in first-quarter 2014.

Oneok to expand operations in the Williston

Nov 20, 2013

Oneok Partners LP, Tulsa, will invest $650-780 million between now and second-quarter 2016 in more Williston basin projects.

EPP begins operations on eighth Mont Belvieu NGL fractionator

Nov 19, 2013

Enterprise Products Partners LP (EPP) has started operations on its latest 85,000 b/d natural gas liquids fractionator at the partnership’s Mont Belvieu, Tex., complex.

Deloitte: US shale production boosts midstream growth

Nov 19, 2013

US production from unconventional oil and gas production is driving demand for midstream infrastructure, and more consolidation of midstream companies is likely, the Deloitte Center for Energy Solutions said in a report released Nov. 19 at the 2013 Deloitte Oil & Gas Conference in Houston.

Core program indicates Saskatchewan oil shale potential

Nov 19, 2013

Questerre Energy Corp., Calgary, said results from the second core hole program on its oil shale acreage at Pasquia Hills in east-central Saskatchewan exceeded expectations.

California issues proposed well stimulation requirements

Nov 18, 2013

California’s Department of Conservation issued proposals to regulate hydraulic fracturing and other oil and gas well stimulation on Nov. 15, starting a 60-day public comment period on rules it hopes to finalize and have in place by Jan. 1, 2015.

MarkWest starts Marcellus, Utica cryogenic plants

Nov 18, 2013

MarkWest Energy Partners LP, Denver, has begun operations at two new cryogenic gas processing plants serving shale production in the Marcellus and Utica plays in West Virginia and Ohio.

Watching Government: In Alberta, they're talking

Nov 18, 2013

To better appreciate what's going on at Alberta's oil sands, it's necessary to actually go there.

WoodMac examines rising water risks for oil, gas industry

Nov 13, 2013

The oil and gas industry increasingly will mitigate water-related business risks using technology and transparency in future years when world water supplies are forecast to become scarce, said a report from Wood Mackenzie Ltd. which used data and analysis from the World Resources Institute (WRI).

KMEP, MarkWest launch open season for Utica, Marcellus NGL

Nov 11, 2013

Kinder Morgan Energy Partners LP (KMEP) and MarkWest Utica EMG LLC have started a binding open season to solicit commitments for a proposed Y-grade pipeline project to transport natural gas liquids produced from the Utica and Marcellus shales to Mont Belvieu, Tex.

Consol to stress gas output growth, sell five coal mines

Nov 11, 2013

Consol Energy Inc., Pittsburgh, will emphasize Appalachian natural gas production growth and has arranged the $3.5 billion sale to a unit of Murray Energy Corp. of its Consolidation Coal Co. subsidiary that operates five longwall steam coal mines in West Virginia.

MarkWest starts Marcellus, Utica cryo plants

Nov 8, 2013

MarkWest Energy Partners LP, Denver, has begun operations at two new cryogenic gas processing plants serving shale production in the Marcellus and Utica plays in West Virginia and Ohio.

Business seen driving Europe’s use of Russian gas

Nov 8, 2013

Europe’s growing dependence on Russian natural gas since the 1990s was more a series of business decisions than geopolitical maneuvers, a Harvard Business School international management professor said.

Ukraine, Chevron sign shale gas agreement

Nov 7, 2013

Ukraine has signed a production-sharing agreement with Chevron Corp. and the country’s state-owned Nadra Oleska for shale gas production at Oleske field in western Ukraine, Worldwide News Ukraine reported.

Processing agreements will bring Marcellus complex to 1 bcfd

Nov 7, 2013

Processing agreements between MarkWest Energy Partners LP and producer Antero Resources, both of Denver, will underpin construction of a fifth 200-MMcfd cryogenic gas plant at MarkWest’s Sherwood complex in Doddridge County, W.Va., the companies reported.

Communities’ fracing votes seen as first round in Colorado fight

Nov 7, 2013

Approval by majorities of voters on Nov. 5 in three Colorado Front Range communities of moratoriums or bans of hydraulic fracturing was only the first round of a potentially statewide battle, Colorado Oil & Gas Association Pres. Tisha Schuller said on Nov. 6.

Montney marketables put at 449 tcf, 15.5 billion bbl

Nov 6, 2013

The Montney formation in British Columbia and Alberta is one of the world’s largest hydrocarbon resources that could meet Canada’s natural gas needs for 145 years at present consumption rates, the National Energy Board said Nov. 6.

Calumet lets contract for Eagle Ford crude line construction

Nov 6, 2013

Calumet Specialty Products Partners LP’s wholly owned subsidiary Calumet San Antonio Refining LLC has signed TexStar Midstream Logistics LP to build, own, and operate a 30,000 b/d crude oil pipeline system that will supply at least 10,000 b/d of Eagle Ford shale crude oil to Calumet's San Antonio, Tex., refinery.

NiSource launches open season for Marcellus-Alberta diluent pipeline

Nov 4, 2013

Unity Pipeline Co. LLC—a joint venture of Harvest Pipeline Co., Somerset Gas Transmission Co. LLC, and Crossroads Pipeline Co.—part of NiSource’s Columbia Pipeline Group, has begun a two-phase open season for a proposed 380-mile diluent pipeline supplying Marcellus and Utica shale light condensate and natural gasoline to Western Canada.

Apache farms into onshore Canning basin

Nov 4, 2013

Apache Energy has signed a binding agreement with Buru Energy Ltd. and Mitsubishi for Apache to farm into the latter two companies’ onshore Canning basin acreage in northwest Western Australia.

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