More Unconventional News

PHMSA issues safety alert on Bakken crude flammability

Jan 3, 2014

The US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a safety alert to shippers and carriers, emergency responders, and the general public that Bakken crude should be handled carefully because it may be more flammable than other grades.

Baker Hughes: US drilling rig count drops to 1,751

Jan 3, 2014

The US drilling rig count fell 6 units, all of which were land-based units, to settle at 1,751 rigs working overall during the week ended Jan. 3, Baker Hughes Inc. reported.

IHS: Chinese NOCs dominated M&A deals in 2013

Jan 2, 2014

Led by the Chinese, Asian and Caspian regional national oil companies purchased half of the 10 largest deals globally in 2013, according to IHS research on energy mergers and acquisitions.

US land, oil drilling dips to 1,757 units in latest rig count report

Dec 27, 2013

Rigs drilling on land and for oil took the biggest hit in the latest US drilling rig count report, released by Baker Hughes Inc.

API notes 23.1% rise in US drilling outlays in 2012

Dec 27, 2013

Oil and gas producers spent an estimated $153.7 billion to drill US wells in 2012, 23.1% more than in 2011, the American Petroleum Institute said in its latest Joint Association Survey of Drilling Costs.

Anadarko to move Eagle Ford production on KMCC-Double Eagle

Dec 26, 2013

Anadarko Petroleum Corp. has signed a long-term agreement with Kinder Morgan Crude & Condensate LLC and Double Eagle Pipeline LLC, a 50/50-joint venture of Magellan Midstream Partners LP and Kinder Morgan Energy Partners LP, to transport Anadarko’s Eagle Ford shale production from Gardendale, Tex., in LaSalle County, to the Houston Ship Channel via the KMCC Pipeline.

Baker Hughes: US drilling rig count drops to 1,768

Dec 20, 2013

The US drilling rig count relinquished 14 units to settle at 1,768 rigs working in the week ended Dec. 20, Baker Hughes Inc. reported.

New Eagle Ford fractionator planned

Dec 20, 2013

Plains All American Pipeline LP, Houston, will build new NGL fractionation and expand existing condensate stabilization in the Eagle Ford play of South Texas, the company has announced.

 

Utica, Marcellus prompt more Gulf Coast NGL capacity

Dec 20, 2013

Production in the Utica and Marcellus shales is prompting more NGL handling and fractionation capacity on the Texas Gulf Coast.

Chesapeake Appalachia settles federal water pollution charges

Dec 19, 2013

A Chesapeake Energy Corp. subsidiary agreed to spend $6.5 million to restore 27 sites damaged by unauthorized discharges of fill material into streams and wetlands at its West Virginia natural gas production sites to settle charges that it violated the Clean Water Act, the US Department of Justice and Environmental Protection Agency jointly announced on Dec. 19.

KMEP to build Utica-Windsor NGL pipeline

Dec 18, 2013

Kinder Morgan Energy Partners LP subsidiary Kinder Morgan Cochin LLC signed a letter of intent with Nova Chemicals Corp. to develop a 210-mile, 10-in. OD NGL pipeline from multiple Utica shale fractionation sites in Harrison County, Ohio, to KMEP’s Cochin Pipeline near Riga, Mich. Cochin would then ship NGL eastward to Windsor, Ont.

Shell completes Phase 2 of Ho-Ho crude pipeline reversal

Dec 18, 2013

Shell has completed Phase 2 of its project to reverse the flow direction of the Houma-to-Houston (Ho-Ho) Pipeline, with crude production from inland oil plays such as the Eagle Ford, Bakken, and other shales now able to flow from Texas to Louisiana on the line.

KMEP reports successful TGP open season

Dec 17, 2013

Kinder Morgan Energy Partners LP subsidiary Tennessee Gas Pipeline Co. LLC (TGP) has completed a successful open season for 500,000 dth/day of incremental, north-to-south natural gas transportation capacity on the TGP system.

Rosneft, ExxonMobil form JV for tight oil pilot in Western Siberia

Dec 17, 2013

OAO Rosneft and ExxonMobil Corp. have formed a joint venture for a pilot project for development of tight oil reserves in Western Siberia.

Progress completes acquisition of Montney acreage

Dec 17, 2013

Progress Energy Canada Ltd., a wholly owned subsidiary of Malaysian national oil and gas company Petronas, has acquired acreage in northeast British Columbia’s Montney basin from Talisman Energy Inc. for $1.5 billion (Can.).

Penn Virginia to sell Eagle Ford midstream assets

Dec 16, 2013

Penn Virginia Corp. has entered into a definitive agreement to sell its Eagle Ford shale natural gas midstream assets to a newly formed affiliate of ArcLight Capital Partners LLC for $100 million. The sale is expected to close in first-quarter 2014.

Baker Hughes: US drilling rig count rises to 1,782

Dec 13, 2013

The US drilling rig count gained 7 units to reach 1,782 rigs working in the week ended Dec. 13, Baker Hughes Inc. reported.

Haynesville continues decline as operators seek out wet gas plays

Dec 13, 2013

In October, Louisiana's Haynesville shale produced approximately 6 bcfd.

Eagle Ford Briefs

Dec 13, 2013

Eagle Ford tops US oil producers at 1 million b/d

Dec 13, 2013

The Eagle Ford produced 1 million b/d in August and that number is expected to rise to 1.09 million b/d of oil through November, according to a recent report from the US Energy Information Agency (EIA).

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