Tagged Virginia

Slave Point producer starts strategic review

Virginia Hills Oil Corp., Calgary, has begun a strategic review to accommodate development of its Devonian Slave Point light-oil play in the Red Earth area of North-Central Alberta. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Crowley christens fourth LNG-ready product tanker

By LNG World News Crowley Maritime Corp christened its fourth LNG-ready product tanker, the MT West Virginia, on Tuesday, at Philly Shipyard. The tanker is LNG ready, meaning it can later be converted for propulsion by liquefied natural gas. The vessel is 600 feet long and is capable of carrying crude oil or refined petroleum…

Philly Shipyard delivers last LNG-ready product tanker to Crowley

By LNG World News LNG-ready West Virginia (Image: Crowley)U.S.-based Crowley Maritime on Friday took delivery of the last of four LNG-ready product tankers built by Philly Shipyard. The tanker named West Virginia, is scheduled for christening on August 16, before starting work for its Charterer, Marathon Petroleum Corporation, Crowley said in its statement. West Virginia,…

Antero to buy Marcellus nonoperated interest from Statoil

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

Williams gets FERC approval for eastern US expansions

Williams Partners LP has received approval from the US Federal Energy Regulatory Commission for both its New York Bay expansion and Virginia Southside II expansion projects. The New York Bay expansion is designed to serve increasing local distribution demand in New York City while the Virginia Southside II expansion targets new electric-power generation in Virginia….

Antero to acquire West Virginia acreage for $450 million

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…

EQT buys Marcellus shale assets from Statoil

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…

Gas pipelines don’t lower property values, INGAA Foundation study finds

An underground natural gas pipeline’s presence does not affect residential properties’ sales prices or insurability, a study commissioned by INGAA Foundation Inc. concluded. The study by Integra Realty Resources Inc. for the Interstate Natural Gas Association of America’s foundation based the finding on analysis of property sales in Ohio, New Jersey, Virginia, and Mississippi. Read…

DOI removes Virginia lease sale from proposed 2017-22 OCS plan

The US Department of the Interior announced its proposed 2017-21 US Outer Continental Shelf oil and gas program, which deleted a planned 2021 lease sale offshore Virginia. Officials said this was largely in response to US military and public concerns that were much stronger this time than 5 years earlier. Read Full Article Here For…