UOGM Top Story archive

24 April 2019, Week 16, Issue 453

Kinder Morgan may develop a third major natural gas pipeline to serve producers in the booming Permian Basin. Internal discussions at the company are under way, Kinder Morgan’s CEO, Steven Kean,...

17 April 2019, Week 15, Issue 452

Crestwood Niobrara has secured sole ownership and operatorship of Jackalope Gas Gathering Services, a Powder River Basin joint venture, via a US$485 million deal to acquire the interest of its 50:...

10 April 2019, Week 14, Issue 451

A New York-based private equity firm, Stonepeak Infrastructure Partners, has agreed to acquire Oryx Midstream – the Permian Basin’s largest privately owned midstream operator – in a US$3.6 billion...

03 April 2019, Week 13, Issue 450

The proposed US$2 billion, 600-mile (966-km) Permian Gulf Coast pipeline is “unlikely” to proceed as originally planned, a Magellan Midstream Partners vice president, Suzanne Costin, said. This...

27 March 2019, Week 12, Issue 449

The Canada Pension Plan Investment Board (CPPIB) has agreed to form a US$3.8 billion joint venture with US midstream player Williams. 

20 March 2019, Week 11, Issue 448

Phoenix Global Resources intends to drill into the Agrio shale play in Argentina this year, as companies look to broaden unconventional development beyond the Vaca Muerta. 

13 March 2019, Week 10, Issue 447

A PetroChina affiliate has reported record volumes of natural gas at a shale exploration well in the southwestern Chinese province of Sichuan. Output of 1.38 mcm per day from test drilling marked...

06 March 2019, Week 09, Issue 446

China National Petroleum Corp. (CNPC) is planning to develop newly discovered shale oil reserves in northern China.

27 February 2019, Week 08, Issue 445

Targa Resources is selling a 45% stake in its Bakken pipeline assets in a US$1.6 billion deal with two private equity firms. The pipeline operator is selling its North Dakota assets – known as...

20 February 2019, Week 07, Issue 444

Pioneer Natural Resources – a leading shale driller and a major operator in the Permian Basin – expects its 2019 Permian drilling, completions and facilities capital budget to be US$2.8-3.1...

13 February 2019, Week 06, Issue 443

Roughly 20% of the hydraulic fracturing fleets that were active in mid-2018 have been idled or are in the process of being idled, Denver-based Liberty Oilfield Services said in its earnings...

06 February 2019, Week 05, Issue 442

Matador Resources, a US independent producer focused on unconventional development, is planning to sell portions of its non-core acreage in South Texas and in Louisiana’s Haynesville play. The...

30 January 2019, Week 04, Issue 441

Tallgrass Energy and Kinder Morgan have announced plans to partner on boosting takeaway capacity in the Powder River and Denver-Julesburg (DJ) basins in the US Rockies. 

23 January 2019, Week 03, Issue 440

IGas Energy has announced that it has begun drilling a new well in North Nottinghamshire, UK, after failing to find gas at a nearby location previously. 

16 January 2019, Week 02, Issue 439

Chesapeake Energy has joined a number of shale producers in cutting their planned capital expenditure and rig count for 2019 amid lower oil prices.