Post Tagged with: "NGLs"

Source: Data Gumbo

Verisk to Acquire Genscape

By Tyler Losier, Energy Reporter, Oil & Gas 360

Genscape will become a part of Verisk subsidiary Wood Mackenzie
Verisk (stock ticker: VRSK), a data analytics provider headquartered in New Jersey, has signed a definitive agreement to acquire Genscape, a

Alliance Resource Partners Completes Acquisition of Permian Mineral Interests

Alliance Resource Partners Completes Acquisition of Permian Mineral Interests

By Tyler Losier, Energy Reporter, Oil & Gas 360

Alliance Resource Partners Acquires $145 million worth of Permian mineral interests from Wing Resources
Alliance Resource Partners L.P. (stock ticker: ARLP), a diversified natural resource company based in Tulsa, Oklahoma, has

Source: Lonestar Resources

Lonestar’s Production Exceeds Guidance

By Tyler Losier, Energy Reporter, Oil & Gas 360

Lonestar estimates production of 13,500 BOEPD for Q2 2019
Lonestar Resources (stock ticker: LONE), an independent E&P focused on the Eagle Ford Basin in Texas, released its estimated production rates for

ONEOK Plans $100 Million Bakken NGL Pipeline Extension

ONEOK Plans $100 Million Bakken NGL Pipeline Extension

ONEOK Announces Bakken NGL Pipeline Extension to Support New Third-party NGL Volume

April 25, 2019 - 8:00 am Closing Bell Story‎, Midstream, Press Releases
Apache Dedicates Alpine High NGLs to Enterprise

Apache Dedicates Alpine High NGLs to Enterprise

Enterprise Products Partners L.P. (NYSE: EPD) and Apache Corporation (NYSE and NASDAQ: APA) executed a long-term agreement, in which Apache is committing 100 percent of its Alpine High natural gas liquids (“NGLs”) to Enterprise.

Apache has 336,000 net acres in …

Range Resources Reports Q1 2018

Range Resources Reports Q1 2018

Range Resources Corporation (ticker: RRC) reported a net income of $49 million, or $0.20 per diluted share.

“The first quarter was a good start to the year, generating record quarterly cash flow while remaining on track to deliver our expected …

Canada Needs Higher Takeaway Capacity and Lower Oil Price Differential

Canada Needs Higher Takeaway Capacity and Lower Oil Price Differential

Canada is hurting for takeaway capacity—the industry needs pipelines to take its oil and gas production to market, or more locomotive hauling capacity—or both.

Cenovus Energy Inc. (ticker: CVE) said it has reduced production rates due to pipeline constraints and …

Cabot Oil & Gas Earns $100 Million in 2017, Plans $950 Million 2018 CapEx

Cabot Oil & Gas Earns $100 Million in 2017, Plans $950 Million 2018 CapEx

Cabot Oil & Gas Corporation (ticker: COG) produced 685.3 Bcfe in 2017. The production mix consisted of 655.6 Bcf of natural gas, 4,440.9 Mbbls of crude oil and condensate and 512.1 Mbbls of NGLs.

Cabot incurred a total of $757.2 …

Pioneer Natural Resources on a Permian Tear: 224 Wells Drilled in 2017, 20 Rigs Operating in 2018

Pioneer Natural Resources on a Permian Tear: 224 Wells Drilled in 2017, 20 Rigs Operating in 2018

250-275 gross wells expected to be on production in the Permian Basin in 2018

$2.6 billion 2018 Permian-focused CapEx

Pioneer Natural Resources (ticker: PXD) placed 64 horizontal wells on production in the fourth quarter of 2017. In the Permian, 43 …

Targa Resources Corp. Makes Senior Management Promotions

Targa Resources Corp. Makes Senior Management Promotions

U.S. midstream services company Targa Resources Corp. (ticker: TRGP) announced executive changes, all effective March 1, 2018.  Targa said its board has appointed:

  • Matthew J. Meloy to President, reporting to Targa CEO Joe Bob Perkins
  • Jennifer R. Kneale to Chief
NGL ‘Superhighway’:  650-Mile EPIC Natural Gas Liquids Pipeline Breaks Ground

NGL ‘Superhighway’: 650-Mile EPIC Natural Gas Liquids Pipeline Breaks Ground

EPIC’s Y Grade pipeline will link NGLs from Permian and Eagle Ford to Corpus Christi

Construction began Tuesday on the first phase of the EPIC NGL Pipeline project. The 650-mile EPIC NGL Pipeline runs from Southeast New Mexico to Corpus …

Moving NatGas Liquids out of the Permian: Major Expansion Coming to DCP Midstream Sand Hills Pipeline

Moving NatGas Liquids out of the Permian: Major Expansion Coming to DCP Midstream Sand Hills Pipeline

DCP Midstream (ticker: DCP) announced this week it will be expanding its Sand Hills natural gas liquids pipeline by 85 MBPD up to approximately 450 MBPD. DCP will be investing $105 million towards long lead equipment and securing right of …

AltaGas to Acquire WGL Holdings in C$8.4 Billion Transaction

AltaGas to Acquire WGL Holdings in C$8.4 Billion Transaction

Deal creates Montney/Marcellus/Utica Midstream Export Opportunity

AltaGas Ltd. (ticker: ALA) and WGL Holdings, Inc. (ticker: WGL) announced on Jan. 25, 2017, they have entered into a definitive agreement and plan of merger for AltaGas to acquire WGL in an all …

Freeport Up and Running: Phillips 66 Ships First LPG Cargo Abroad

Freeport Up and Running: Phillips 66 Ships First LPG Cargo Abroad

In another little milestone heralding the acceleration of U.S. energy exports, Phillips 66 (NYSE: PSX) said that Friday it loaded its first contracted LPG cargo on the Commander, a very large gas carrier (VLGC) that departed the Freeport, Texas, terminal …

December 19, 2016 - 6:40 pm Closing Bell Story‎, Downstream, Oil and Gas 360 Articles
Energy Prosperity Comes in Many Forms

Energy Prosperity Comes in Many Forms

Ethane’s domino effect in Pennsylvania

The shale energy revolution is famous for jump-starting natural gas production in Appalachia, with Pennsylvania and Ohio at the center of a drilling boom during the past decade from which thousands of people flourished from …

Flaring Innovation: An Interview with Brian Cebull, CEO of GTUIT

Flaring Innovation: An Interview with Brian Cebull, CEO of GTUIT

The Bakken Shale and the state of North Dakota are symbols of the hydraulic fracturing revolution, and innovations on hydrocarbon extraction continue to improve the process with each passing day. The technological advances vary across all lines of production, spanning …

October 22, 2015 - 1:31 pm Oil and Gas 360 Articles, Oilfield Services
Dow Chairman Looks at Oil Prices, NGLs, Ethane Rejection

Dow Chairman Looks at Oil Prices, NGLs, Ethane Rejection

Chem Giant Planning for Growth in 2015

“We believe lower oil prices are a relative positive for Dow and a boost for the global economy.”

“The old view of forecasting five years out almost seems to be out the door.”