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The new wells are currently being equipped for production start up in September 2014. - 9:35 am - free
- - 9:15 am - free
Terminals are being developed across the western U.S. as refiners, lacking pipeline access, turn to rail to move crude from shale formations where output is booming. - 8:45 am - free
News for August 19, 2014
The Townsend Facility is estimated to cost approximately $325 to $350 million. - free
The company will operate the wells.
With 23 years of experience across the Tuscaloosa Trend, the Woodlands, Texas-based company has evaluated over 1,000 wells in the TMS across Louisiana, Mississippi and Texas.
The leased properties are oil and gas prospects in the Atoka Shale and Wolfcamp Shale.
Carrier will have the right to participate in 49% of Panther's working interest in wells drilled. - free
Profit before taxes rose to $233.3 million from $176.3 million a year earlier. - free
News for August 18, 2014
Hiland’s gathering system is the largest in the Bakken.
The project represents a major expansion of EnLink Midstream’s assets in the Utica Shale.
The company will now be known as Fairmount Santrol. - free
Oil rigs gained one to 1,589, data posted on Baker Hughes Inc.’s website show. - free
News for August 15, 2014
The new pipeline would possibly have multiple origin points in the D-J Basin and handle multiple grades of crude oil.
Since acquiring the property in mid-2012, the assets have generated cashflow to Eagle of $28 million. - free