By LNG World News Edge Gathering Virtual Pipelines 2 (Edge LNG) has been selected by a large producer to capture and liquefy gas from its stranded wells in Tioga County in the Marcellus basin. Read Full Article Here For more great articles: LNG World News
By Oliver Bridgen Thank you to our friend over at PIOGA and Marcellus Drilling News for announcing our Finalists: http://campaign.r20.constantcontact.com/render?m=1102881281660&ca=923d7f48-c1d4-4486-bde2-c83017c067ff Finalists Announced for 2018 Northeast & 2018 Texas Oil & Gas Awards Read Full Article Here For more great articles: Oil & Gas Awards
By Offshore Energy Today U.S. independent Noble Energy’s net loss the second quarter of 2017 deepened to $1,5 billion, versus a loss of $315 million a year ago. The company explained the loss was driven by the impact of the Marcellus upstream asset exit in the U.S. Total Company sales volumes for the second quarter…
By LNG World News Canadian LNG project developer Pieridae Energy is looking to invest in natural gas resources to secure supply for its proposed Goldboro LNG project in Nova Scotia. Speaking to Reuters, Alfred Sorensen, Pieridae’s chief executive said the company is eyeing assets or a company with producing assets in western Canada or in…
By LNG World News Image courtesy of Dresser-RandDresser-Rand, part of Siemens Power and Gas, has commissioned its first micro-scale natural gas liquefaction system at the Ten Man LNG facility in Pennsylvania, U.S. The modular, portable solution, developed by the Dresser-Rand, allows the operator, Frontier Natural Resources, to monetize stranded gas assets at Tenaska Resources’s Mainesburg…
By LNG World News Image courtesy of AnadarkoAnadarko Petroleum has agreed to sell its assets in the Marcellus Shale of north-central Pennsylvania to Alta Marcellus Development a unit of Alta Resources Development, for approximately US$1.24 billion. The midstream assets in the Marcellus owned by Western Gas Partners, Anadarko’s sponsored master limited partnership, are excluded from…
Atlantic Coast Pipeline LLC, which has proposed a 600-mile, 1.5-bcfd natural gas transmission pipeline to bring Marcellus-Utica shale gas to Virginia and North Carolina, has signed a construction contract with Spring Ridge Constructors LLC, a joint venture of pipeline construction companies Price Gregory International Inc., a Quanta Services Inc. company; US Pipeline Inc.; SMPC LLC;…
Antero Resources Corp., Denver, has agreed to acquire certain nonoperated interest in the Marcellus shale in West Virginia from Statoil ASA for $96 million in cash. The deal is expected to close by the end of the third quarter. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Antero Resources Corp., Denver, has agreed to acquire 55,000 net acres of undeveloped Marcellus shale leasehold, including deep rights on 41,000 net acres prospective for the underlying dry Utica, and 14 MMcfed of net production from Southwestern Energy Co., Houston, for $450 million. Read Full Article Here For more great articles: Oil & Gas Journal…
By LNG World News Norwegian energy giant Statoil said it has agreed to divest its operated Marcellus properties in the US state of West Virginia to EQT Corporation for US$407 million. EQT will acquire 62,500 net acres, and current natural gas production of 50 MMcfe per day from Statoil USA Onshore Properties, a unit of…