U.S. will be “NGL Storage Center for the World” New technology in the drilling and completions segment may receive the lion’s share of the credit for the shale boom, but the evolution of the midstream industry has enabled the United States to fully capitalize on our newfound domestic production capacity. In an Oil & Gas Journal webcast titled “U.S. Midstream
Comment Period Ends Mar. 17, 2015 Remember the Northern Spotted Owl? It was a bird living in the Pacific northwest that was awarded the U.S. Fish and Wildlife Service’s “Threatened Species” designation in 1990. Vast swaths of timber were classified off limits to harvest. That action drove lumber prices to new levels of volatility, costing homebuilders and buyers of new homes
Energy Transfer Partners, L.P. (NYSE: ETP) today announced the pricing of $1.0 billion aggregate principal amount of its 4.050% senior notes due 2025, $500 million aggregate principal amount of its 4.900% senior notes due 2035 and $1.0 billion aggregate principal amount of its 5.150% senior notes due 2045, at a price to the public of 99.918%, 99.810% and 99.772%, respectively,
Pursuant to the Plan of Conversion filed with the Securities and Exchange Commission (SEC), and upon obtaining approval from all classes of unitholders taken at a special meeting of unitholders held on March 6, 2015, Sanchez Production Partners (NYSE MKT: SPP) earlier today completed a statutory conversion from a limited liability company to a limited partnership named “Sanchez Production Partners
CALGARY, ALBERTA–(Marketwired – March 5, 2015) – Enbridge Inc., (TSX:ENB) (NYSE:ENB) announced today plans to optimize a previously announced expansion of its Regional Oil Sands System. The optimization, which has been agreed to with affected shippers, will involve capital cost savings of $0.4 billion in aggregate and lower tolls for the shippers, while maintaining attractive returns on the capital to be
Story by European Voice The European Commission’s attempts to gain an overview of shale-gas extraction and exploration in the EU have not been greeted enthusiastically by most member states. Asked to provide information about shale-gas activities, many member states submitted responses that were incomplete, evasive, and, in some instances, appear to be misleading. The Commission has been under pressure from environmental groups
Numbers from the COGCC shows oil production in Colorado is up 27% year-over-year from 2013 According to the latest data from the Colorado Oil and Gas Conservation Commission (COGCC), oil production in Colorado is up 27% in 2014 from 2013. Total production in the state reached 82.8 MMBO in 2014, with 70.1 MMBO (about 85%) coming from Weld County, which
Blackbird Energy of Alberta Canada announced two ‘significant’ discoveries at Elmworth Blackbird Energy (ticker: BBI) based in Calgary, Alberta, announced this week that its first two operated horizontal Montney wells on Blackbird’s 69 section land block at Elmworth, Alberta, Canada, have been successfully completed and tested. The wells separately targeted the Middle Montney and Upper Montney intervals. The company is
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