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News for July 25, 2014
Five communities in the state have voted to ban or put a moratorium on fracking.
Prior to this acquisition, Black Bison acquired the Reed SWD Facility near Recluse, Wyo.
RSP intends to commence a horizontal drilling program in Glasscock in 2015 once the necessary infrastructure to support horizontal operations is constructed and operational.
This acquisition will increase the company's net revenue interest on its existing 875 acre oil and gas lease located on the related acreage from approximately 86% to nearly 100% in the Marcellus Shale.
The Knox plant is the partnership's first new plant to be built in the emerging SCOOP play and will process natural gas from secured acreage dedications in the area.
- free News for July 24, 2014
The sale will "reduce debt as it focuses on deepwater oil and natural gas finds in the Gulf of Mexico," Bloomberg said.
The highest U.S. oil production in more than two decades means Gulf Coast refineries are processing close to the most fuel ever.
The $10 billion Cameron project is slated to produce 12 million tons of LNG a year starting 2018.
- free News for July 23, 2014
The pipelines plan to offer producers in the liquids-rich Powder River Basin multiple points of origin throughout the basin for transportation to Guernsey, Wyo.
Pennsylvania is the nation’s fastest-growing natural gas producer.
News for July 22, 2014
South Africa, which imports 70% of its crude-oil needs, estimates shale gas may generate 1 trillion rand ($100 billion) of sales within three decades, helping to bring it closer to self sufficiency.
GreenHunter has seen substantial growth in the past few years.
Pony Express owns and is developing an oil pipeline project.
The sale price is $200 million plus customary closing adjustments with closing expected by Sept. 30.