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Ascent Resources to Acquire $1.5 Billion of Gas and Oil Assets in Utica Shale Play
July 6, 2018
Ascent Resources along with its subsidiaries will acquire certain natural gas and oil assets in the Utica shale play in the Appalachian Basin from Hess, CNX Resources, Utica Minerals Development, and an undisclosed fourth seller for a total price of
EQT to Sell $575 Million of Appalachian Basin Assets to Diversified Gas and Oil
July 6, 2018
EQT, a Pennsylvania-based natural gas producer has agreed to sell nearly 2.5 million net acres in the Huron Play in Southern Appalachia to Diversified Gas and Oil for $575m. The acreage to be divested, which is currently considered to be
SJI Acquires Elizabethtown Gas and Elkton Gas
July 6, 2018
SJI, an energy services company has completed its previously announced acquisition of New Jersey-based Elizabethtown Gas and Maryland-based Elkton Gas from a subsidiary of Southern Company Gas. With the close of the transaction, SJI becomes the second largest natural gas
EPA Proposes New Standards for Ethanol Regulations Costing Oil Companies Millions
July 6, 2018
Despite raising the standards, ethanol and biodiesel advocates slammed the EPA proposal and Pruitt for not addressing the agency’s liberal approval of hardship waivers relative to past administrations. Hardship waivers are granted to some small refineries that produce 75,000 barrels
Northern Oil and Gas to Acquire Producing Assets in Williston Basin, North Dakota
July 2, 2018
Minnesota-based Northern Oil and Gas has agreed to acquire producing assets in the Williston Basin of North Dakota from an undisclosed seller. Separately, Northern has entered into another negotiated exchange agreement with an institutional holder (the “Investor”) of its 8
Oneok to Expand Natural Gas Pipeline Infrastructure in Permian and Oklahoma
July 2, 2018
Oneok has disclosed plans to expand its natural gas pipeline infrastructure in the Permian Basin and Oklahoma to create an additional capacity of up to 1.7 billion cubic feet per day (Bcf/d). The expansion, which will be undertaken for multiple
Royale Energy to Acquire Oil Assets in Permian Basin and California
July 2, 2018
Royale Energy has signed a Letter of Intent (LOI) with an undisclosed company to acquire it’s non-operated stakes in oil fields located in Permian Basin and California . The acquisition will add approximately 190 barrels of oil per day (BOED)
Kinder Morgan, EagleClaw Midstream, and Apache to Develop Permian Highway Pipeline Project
June 29, 2018
Kinder Morgan Texas Pipeline LLC (KMTP), a subsidiary of Kinder Morgan, Inc., EagleClaw Midstream Ventures, a portfolio company of Blackstone Energy Partners, and Apache Corporation have signed a letter of intent for the development of the proposed Permian Highway Pipeline
BLM Releases Final EIS for Jonah Energy’s NPL Natural Gas Project, Wyoming
June 29, 2018
Jonah Energy said the Bureau of Land Management’s (BLM) released the final environmental impact statement (FEIS) on the normally pressured lance (NPL) natural gas development project. Throughout the more than seven-year process, Jonah Energy has worked closely with the State
BLM Releases Final EIS for Jonah Energy’s NPL Natural Gas Project, Wyoming
June 28, 2018
The US Bureau of Land Management has released a positive final Environmental Impact Statement for the proposed Normally Pressured Lance (NPL) natural gas project in Wyoming. Located immediately south and west of the existing Jonah Gas Field in Sublette County,
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