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
Holding the title of the United States’ third largest natural gas producer, and with activities in the Northeast Appalachia, Southeast Appalachia, and the Fayetteville Shale, Southwestern Energy (ticker: SWN) is primarily focused on building and maintaining its natural gas production. Southwestern reported its 2016 reserves as 5,253 Bcfe and its cumulative 2016 production at 875 Bcfe. In its Northeast Appalachia
Second attempt for BHP Australian mining giant BHP Billiton (ticker: BBL) put out its nine months operational review today, which included a review of its shale portfolio and the statement that it might put its Fayetteville assets on the block again. “The Fayetteville field is currently under review and we are considering all options including divestment,” the company said in a
Southwestern Energy presented at EnerCom’s The Oil & Gas Conference® During Southwestern’s breakout session, management was asked the following questions: Given the substantial cuts to capex in the first quarter and large layoffs, how do you get started again and get cash flowing? How much is left on your 2018 debt outstanding? What would your 2017 production look like with
Panhandle Oil and Gas Inc. presented at EnerCom’s The Oil & Gas Conference® During Panhandle’s breakout session, management was asked the following questions: What’s the discipline with respect to reduction of debt? What was the maximum you reached on your debt? What is your average decline rate? In the last six months, what percentage of proposed projects have you chosen
