Thursday, December 26, 2024

Boardwalk Prices Additional $250 Million Offering Of Senior Notes

HOUSTON, March 10, 2015 /PRNewswire/ — Boardwalk Pipeline Partners, LP (BWP) today announced that its wholly-owned subsidiary, Boardwalk Pipelines, LP (“Boardwalk”), has priced a public offering of an additional $250 million aggregate principal amount of its 4.95% senior notes due December 15, 2024. Boardwalk originally offered and sold $350 million in aggregate principal amount of its 4.95% senior notes due 2024 on November 26, 2014.  Boardwalk

ONEOK Partners Announces Revolving Credit Facility Increase

TULSA, Okla., March 10, 2015 /PRNewswire/ — ONEOK Partners, L.P. (OKS) today announced it has expanded its lender group and increased the commitments under its revolving credit facility to $2.4 billion from $1.7 billion. The partnership’s lenders, a syndicate of 20 banks, led by Citibank, Bank of America, Barclays, JPMorgan Chase, Morgan Stanley, The Royal Bank of Scotland, UBS and

EQT to Sell West Virginia Gathering System for $1 Billion

EQT Corporation (EQT) (EQT) announced that EQT Midstream Partners, LP (EQM) has agreed to acquire its Northern West Virginia Marcellus Gathering System, along with a preferred interest in an EQT subsidiary, for $1.05 billion. EQT will receive $997.5 million in cash and $52.5 million in common and general partner units. In addition, the Partnership will fund approximately $370 million of

Verisk Analytics to Acquire Wood Mackenzie for $2.8 Billion

Story by The Oil & Gas Journal Verisk Analytics Inc. (Nasdaq: VRSK), a data analytics provider, has signed a definitive agreement to acquire Wood Mackenzie from private equity investment firm Hellman & Friedman and other Wood Mackenzie shareholders. Wood Mackenzie provides data analytics and commercial intelligence for the energy, chemicals, metals, and mining verticals. The acquisition establishes Verisk as a data

Electrical power

Ontario Mulls Possible Hydro One IPO

The Ontario Premier says the province is considering selling a stake in the provincial electricity transmission and distribution company Kathleen Wynne, Premier of Ontario, said today that the province is considering whether to sell a stake in Hydro One Inc., the province’s electricity transmission and distribution company. A provincial advisory panel is continuing to explore the option of offering a

eia

Production Beginning to Slow in EIA’s March Drilling Productivity Report

The Energy Information Administration’s (EIA) Drilling Productivity Report, a monthly breakdown on production by basins, typically forecasts production increases across the United States’ seven most prolific plays. The latest edition, released on March 9, 2015, projects production in April to be higher than the current month. However, that increase has slowed dramatically. Production for March is forecasted at 5,613 MBOPD

Canada Oil and Gas Provinces Rank Among Best in the World - Oil & Gas 360

Fuel: Electricity Generation – Plans for 2015

EIA: Scheduled 2015 utilities capacity additions will be mostly wind and natural gas Natural Gas Replacing Coal The Energy Information Administration (EIA) expects electrical generating companies to add more than 20 gigawatts (GW) of utility-scale generating capacity to the power grid in 2015. An estimated 91% of those new additions (18.2 GW) will come from a combination of wind (9.8

Horizontal drilling operations Encana - Oil & Gas 360

Fifth Creek Energy Prepares to Hit the Accelerator with NGP Funding

Private E&P is Evaluating $500 Million to $1.5 Billion Opportunities in the D-J, Permian and Utica Exclusive Interview with Oil & Gas 360 Fifth Creek Energy is a private E&P company, formed by Michael Starzer and Patrick Graham, the founders of Bonanza Creek Energy (ticker: BCEI) and its predecessor companies. Last week, Fifth Creek and Natural Gas Partners (NGP) announced

Colorado Midstream

Southcross Energy Partners Growth for Distributions, Drop Downs on Schedule

Southcross Energy announces Q4 and full-year 2014 results On March 6, Southcross Energy Partners (ticker: SXE) announced fourth quarter and full-year 2014 financial and operational results. SXE’s adjusted EBITDA was $20.6 million for the three months ended December 31, 2014, compared to $14.0 million in Q4’13 and $11.3 million in Q3’14, according to the company’s press release. The company’s adjusted