Quantum Energy Partners again buys Noble’s Appalachia assets in two deals valued at $1.9 billion.
Asset sales are done for now following a year of big Williams deals
The company said it expects available cash flow from operations to fall between CA$3.60 and CA$3.90 per share this year, from CA$4.08 per share in 2016, Reuters reported.
The deal was the company's first dropdown from outside of Shell Pipeline Co., which "highlights the expansive set of assets from Shell that could eventually make their way into the MLP," TPH said.
A subsidiary of Devon Energy Corp. (NYSE: DVN) agreed to sell substantially all of its natural gas gathering equipment and pipeline to Meritage Midstream Services II LLC, Meritage said May 4.
The combined company will have a strong position in the Western Canadian Sedimentary Basin, home to the world's third largest crude reserves.
Founded in 2010, NextDecade is a developer of LNG projects that is currently focused on a land-based U.S. Gulf Coast export project located close to the Permian and Eagle Ford.
Chevron, aiming to achieve neutral cash flow this year, is also boosting spending on its low-cost Permian shale operations.
Deal will fund capital plans, provide revenue stream for partnership.
Within one week, $3.5 billion in midstream A&D activity has lit up the Midland and Delaware basins.
Offering intended to fund purchase of Navigator.
NuStar agreed to acquire Navigator Energy Services for $1.475 billion, marking the San Antonio-based company’s entry into the Permian Basin.