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News for August 27, 2014
The firm’s sixth fund will focus on North American investments in pipelines, storage, terminals, electric transmission and production of oil and natural gas.
ZaZa will assign to Quantum 6,000 net acres in undeveloped leases within ZaZa’s East Texas JV.
Antero is raising 2014 net production guidance to an average of 990 – 1,010 MMcfe/d, which is a 5% increase from the midpoint of previously announced guidance.
The partnership's Williston Basin natural gas processing capacity is expected to increase to approximately 1.1 billion cubic feet per day (Bcf/d) by the third quarter 2016. - free
Geoscientists can seamlessly integrate geological, geophysical and production data, the company says. - free
WPX received approximately $40 million cash for 49% of its working interest in approximately 100 proved developed producing (PDP) Trail Ridge wells.
News for August 26, 2014
New motors, submersible pumping system and drillbit unveiled. - free
The expansion will be supported by new agreements with Rex Energy Corp. (REXX) and EdgeMarc Energy.
Parsley Energy believes the acquired properties are prospective for horizontal drilling in the company’s target horizons, including the Wolfcamp A, Wolfcamp B, Wolfcamp C, Cline, and Atoka formations.
At closing, Lucas will receive $444,000 for a 50% working interest on approximately 400 acres.
In total, these properties contain approximately 47 billion cubic feet equivalent of proved developed reserves and production of approximately 11 million cubic feet equivalent per day.
Dakota Gold is a joint venture between its president and CEO, Cody Moe, and the TrailStone Group.
While the findings are still preliminary, any documented hazards threaten to cast a shadow over hydraulic fracturing. - free
The government says fracking would increase energy self-sufficiency, cut consumer bills and create jobs. - free