Midstream Exclusives

A new device, now being tested in the Utica Shale and the Eagle Ford Shale, can destroy vapors while generating electrical power at remote oil and gas operations.

Tallgrass, Energy, Development, buys, partners, stake, Rockies Express, pipeline, REX, Sempra, shale, gas, Marcellus, Utica, Ethan Bellamy, Baird, Kinder Morgan, Phillips 66, FERC, Zone 3, deal, debt

As a part of the deal, Tallgrass will acquire Sempra’s share in the pipeline’s roughly $2.6 billion of debt, which equates to about $640 million.

The all-cash deal, approved by the boards of both companies, gives TransCanada gas pipelines and storage in the Marcellus and Utica shales and a possible path toward LNG exports.