Norway's oil and energy ministry must approve the new ownership structure and set gas transportation tariffs that will ultimately impact the profitability of the pipelines and processing system, Reuters reported.
Enterprise Products Partners will acquire natural gas gathering pipelines serving the Haynesville, Bossier, Cotton Valley and Travis Peak formations for $189 million as part of a bankruptcy auction.
A $450 million, 50,000 barrel per day refinery near Sulfur Junction, Texas, aims to create a more seemless path for oil delivery across West Texas.
Tucked into the EPA’s Greenhouse Gas Reporting Rule, Subpart W requires careful attention from upstream and midstream operators.
Plant is expected to be completed in 1Q 2018.
Carlin Conner is president and CEO of SemGroup Corp.
Ultra said in a statement that it expects the new agreements to provide financial benefits related to its operations at the Pinedale Field asset in Wyoming
Matador’s JV with a private company far exceeds analyst estimates, who considered the midstream infrastructure worth $250 million or so.
The two transactions are expected to close in late first-quarter or early second-quarter 2017, subject to closing conditions including expiration of the waiting period under the HSR Act.
Kirk N. Blackim has more than 30 years’ experience in management, working in business development, accounting, finance, operations and governmental regulation of midstream and gas transmission systems for most U.S. basins.
There could be development of eight additional processing facilities, in the Sherwood complex and a new location in West Virginia, the press release added.
Following the installation of the Roadrunner I plant, Lucid’s South Carlsbad System processing capacity will be 510 MMcf/d, an increase of more than 750% since the August 2016 acquisition of the Agave assets, the company said.