Items Tagged with 'basin'

ARTICLES

Oxy Mum on Williston Sale Rumors, Cites Ongoing Strategic Review

Exactly a year after it said parts of its 2.5 million acres in the Midcontinent could be up for sale, a Houston-based Occidental Petroleum Corp. (Oxy) spokesperson refused to comment Thursday on rumors in North Dakota that Oxy was selling all of its more than 330,000 acres in the Williston Basin for an asking price of $3 billion. Read More

Linn Energy Sells Texas Assets for $2.3B

Linn Energy LLC struck two deals to sell assets in Texas for gross proceeds of $2.3 billion, which will be used to pay for a recent acquisition... Read More

Colorado Niobrara Player to Build Crude Rail Terminal

Denver-based ARB Midstream LLC plans to build and operate a crude oil transloading terminal in the heart of the Denver-Julesburg Basin, it said Wednesday... Read More

Study Blames Wastewater Injections for Quakes

Deep wastewater injection from the oil/natural gas sector is most likely responsible for the sharp increase in the number of small earthquakes recorded since 2001 in the Colorado-New Mexico border area, according to a study published in the Bulletin of the Seismological Society of America (BSSA). Read More

Pioneer Selling Hugoton Portfolio to Linn, Barnett Assets to Second Buyer

Linn Energy LLC on Monday added 235,000 net acres to its industry-leading position in the gassy Hugoton Basin in a $340 million transaction with Pioneer Natural Resources... Read More

Apache Keeping Rigs Busy in 'Cornerstone' of North American Activity: the Permian

Apache Corp.'s results in the second quarter add to evidence of its focus on North America, particularly in the Permian Basin, CEO G. Steven Farris said Thursday. Read More

Energen Hits Pay Dirt in Permian, San Juan Basins

Energen Corp. said three of five new exploratory wells it drilled in West Texas targeting the Wolfcamp Shale in the Permian Basin had outstanding results during 2Q2014, and the company believes it may have discovered a viable, horizontal oil play in the San Juan Basin. Read More

Oneok Proposes Up to $785M Pipeline Plan for Bakken Shale

Tulsa, OK-based Oneok Partners LP on Wednesday outlined plans for investing up to $785 million over the next two years to build natural gas and natural gas liquids (NGL) processing, compression and pipelines to move Bakken Shale-produced supplies from the Williston Basin in North Dakota. Read More

RSP Permian Grabs Midland Basin Acreage

Dallas-based RSP Permian Inc. is buying Permian Basin acreage and oil/gas producing properties in Glasscock County, TX, in multiple deals worth a combined $259 million in cash. Read More

More Than Ever, Permian Drillbits Going Sideways

Over the last five months, the number of horizontal drilling rigs targeting oil in the Permian Basin of West Texas and southeastern New Mexico has climbed... Read More