By Tyler Losier, Energy Reporter, Oil & Gas 360 Commercial operations begin at the Bear Den II processing plant Crestwood Equity Partners LP (stock ticker: CEQP), a Houston-based master limited partnership, has begun commercial operations at its Bear Den II processing plant in Watford City, North Dakota. The Bear Den II facility is a 120 million cubic feet per day
By Tyler Losier, Energy Reporter, Oil & Gas 360 Summit Midstream Partners appoints J. Heath Deneke as president, CEO and board member Summit Midstream Partners LP (stock ticker: SMLP), a master limited partnership located in The Woodlands, Texas, has appointed J. Heath Deneke to serve as its president and chief executive officer, effective September 16, 2019. Deneke was also nominated
By Tyler Losier, Energy Reporter, Oil & Gas 360 Harvest Oil & Gas sells Barnett shale assets for $72 million Harvest Oil & Gas Corporation (stock ticker: HRST), formerly EV Energy Partners L.P., has entered into a definitive agreement with an undisclosed buyer to sell all of its interests in the Barnett shale formation for $72 million. For the first
From The Houston Chronicle The proof is in the numbers. Crude oil traded above $60 per barrel for most of 2018, and the higher prices resulted in more drilling activity in Texas, data from the Railroad Commission of Texas shows. Some 1,020 oil and natural gas companies asked state regulators for 13,294 original drilling permits through Dec. 26 of this
From Houston Chronicle Norwegian oil giant Equinor will soon be returning to the Eagle Ford Shale of South Texas for a new round of drilling. The exploration and production company has filed for its first new drilling permits in more than six months, seeking permission from the Railroad Commission of Texas to develop three horizontal wells on its South
Chesapeake Energy (ticker: CHK) announced on August 10, 2016, that the company would be exiting the Barnett Shale as part of an agreement to convey the Barnett assets to Saddle Barnett Resources. This transaction will mark Chesapeake’s exit from the birthplace of horizontal drilling and will eliminate the costs associated with drilling as well as pipeline contracts. The Barnett Shale
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