American Midstream Partners LP acquired Costar Midstream LLC from Energy Spectrum Partners VI LP and Costar management for about $470 million.
The remainder of Atlas Energy's E&P holdings will be spun off before they are acquired by Targa Resources.
NuDevco Midstream Development LLC, sponsor of Houston-based Marlin Midstream Partners LP, purchased land in Eunice, N.M., for a crude oil terminalling site.
Statoil has sold its 15.5% participating interest in the Shah Deniz production-sharing agreement.
Houston MLP looks to reduce capital intensity and decline rate in 2015.
According to a UBS report, with MLPs approaching the end of their rapid growth cycle, there is an increasing chance of a series of consolidations in the space.
Enterprise Products Partners LP announced on Oct. 1 that it acquired the general partner and related incentive distribution rights, 15,899,802 common units and 38,899,802 subordinated units in Oiltanking Partners LP from Oiltanking Holding Americas Inc.
TransCanada Corp. agreed to sell its remaining 30% interest in Bison Pipeline LLC to its MLP TC PipeLines LP (TCP), TransCanada announced on Oct. 1.
Encana Corp. completed its previously announced sale of its Bighorn assets in Alberta to Jupiter Resources for about CA$2 billion (US$1.8 billion), the company announced.
NiSource Inc. announced that its board of directors approved its plan to separate into two publicly traded companies—NiSource Inc., a fully regulated gas and electric utilities company, and Columbia Pipeline Group Inc., an MLP with expected initial assets including a 14.6% interest in CPG OpCo LP, which will own about all of NiSource’s gas transmission, midstream and storage assets.
EnLink Midstream companies EnLink Midstream Partners LP and EnLink Midstream LLC announced that a subsidiary of the partnership entered into a definitive agreement with Chevron Pipe Line Co. and Chevron Midstream Pipelines LLC.
Encana Corp., Canada’s second-largest natural gas producer, agreed to buy Athlon Energy Inc. for $5.93 billion in cash, gaining a foothold in the most prolific U.S. oil-producing region, Bloomberg said Sept. 29.