Gathering

Papua New Guinea Hands Pandora Gas Field to State-Owned Kumul

The Papua New Guinea government has awarded Kumul Petroleum rights to develop the Pandora gas field, estimated to hold 1 trillion cubic feet of gas, rejecting other bids to keep control of PNG's resources within the country.

Papua New Guinea Resumes Talks with Exxon on Gas Field Agreement

The Papua New Guinea government and U.S. oil major Exxon Mobil Corp plan to resume talks on the P'nyang natural gas project, nearly two years after their negotiations halted.

U.S. Regulator Moving to Restore Federal Oil and Gas Leasing Program

A U.S. offshore regulator on Wednesday said efforts to resume a federal oil and gas leasing program are underway following a court decision reversing the Biden administration's suspension.

U.S. Drillers Add Most Oil Rigs in a Week Since April - Baker Hughes

U.S. energy firms added the most oil rigs in a week since April as the total rig count more than doubled from a record low a year ago amid a recovery in crude prices.

EIA Reports: Gulf of Mexico Projects, Production to Grow in 2022

The U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production in the U.S. Federal Gulf of Mexico will increase in the next two years, according to the latest Short-Term Energy Outlook.

Chesapeake Focusing on U.S. Shale Gas with $615 million Vine Energy Buy

Chesapeake Energy Corp agreed to buy Louisiana natural gas rival Vine Energy Inc. for $615 million, betting on the Haynesville shale field's proximity to the U.S. Gulf Coast export hub.

Pioneer Natural Resources Warns of Tepid Shale Growth in Coming Years

Pioneer Natural Resources Co.'s top executive said that U.S. shale growth was "not going to grow that much" in the coming years, as oil and gas companies continue to focus on capital discipline and shareholder returns.

U.S. Drillers Add Oil and Gas Rigs for Second Week in a Row

U.S. energy firms added oil and natural gas rigs for a second week in a row as oil prices recently rose to their highest since Oct. 2018, prompting some drillers to return to the well pad.

China's CNOOC Dives into Uncharted Deep Waters in Bold Gas Pivot

When the first gas from CNOOC Ltd's new ultra-deep field in the South China Sea started flowing in late June to the world's largest customized floating platform 1,500 meters above the sea bed, it marked a key phase in China's gas drive.

Shell Plans to Exit California Joint Venture with Exxon Mobil

Royal Dutch Shell Plc plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp, four people familiar with the talks told Reuters.

Turkey Turns to U.S. Firms while Planning Black Sea Gas Extraction, Official Says

Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.

New Pipelines Connect West Texas Natural Gas-Producing Areas to Demand Markets

Recently completed pipeline projects in Texas and Mexico have increased natural gas transportation capacity from the Waha Hub — located near Permian Basin production activities in West Texas — to the U.S. Gulf Coast and Mexico.

Turkey Discovered 135 BCM Additional Natural Gas in Black Sea

Turkey has discovered 135 billion cubic meters of additional natural gas in the southern Black Sea, President Tayyip Erdogan said, raising the total discovery in the region to 540 billion cubic meters.

Sulfur Removal Solutions for Gas Gathering Systems

Pipelines are considered one of the safest, most reliable, most efficient and economic means of transporting large quantities of natural gas, crude and refined petroleum products. However, sulfur contaminants in the form of hydrogen sulfide (H2S) and mercaptans (RSH) pose significant safety, operational, environmental and compliance problems.

Taproot Expanding Midstream Infrastructure in DJ Basin

Taproot Rockies Midstream has been awarded an acreage dedication for crude gathering by Confluence Resources for its Platte River position. The in-service date for the pipeline is expected to be July 1.

Shell Exits Philippine Gas Field in $460 Million Deal

Aside from gas reserves, Malampaya's assets include undersea pipelines and other facilities that could be tapped by future sellers and users of imported LNG.

Brazil's Petrobras Reopens Bidding for Golfinho Oilfields

Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster following a rise in crude prices over the last several months.

Marcellus, Utica Ready to Pick Up Where They Left Off

Cautious optimism appears to be the name of the game for operators and others associated with the Marcellus and Utica Shales, according to representatives of key coalitions in the regions.

Neptune Energy Producing Natural Gas from Merakes Project in Indonesia

Neptune Energy announced that the operator, Eni, said production has started from its Merakes development in the East Sepinggan block offshore Indonesia.

Midcoast’s CJ Express Pipeline Expansion Improves Gathering Capabilities

The CJ Express pipeline expansion project added pipeline and compression to Midcoast Energy’s gathering system in East Texas when it came in service last month, a spokesman said.

LM Energy Launches Open Season to Extend Oil Gathering System in Northern Delaware Basin

The proposed extension of the system will gather crude oil from origination points in Eddy and Lea Counties, New Mexico and deliver to destination points also in Eddy and Lea Counties, New Mexico.

U.S. Drillers Add Most Oil & Gas Rigs in a Week Since January

U.S. energy firms added the most oil and natural gas rigs in a week since January even as oil prices this week pulled back from a recent 28-month high.

Black Bear Transmission Sells Alabama Gas Gathering Assets

The asset sale consists of more than 240 miles of natural gas pipelines, 26 active metered locations, and 1 active compressor station.

Big U.S. Oil Drillers Have Federal Permits to Last Years

The seven companies that control half the federal supply onshore in the Lower 48 states have leases and permits in hand that could last years, despite any ban on new federal drilling like the 60-day halt Biden's administration instituted.

Pause on Federal Drilling Could Hamper Economic Recovery, Create Foreign Dependence

President Joe Biden’s administration imposed a 60-day pause on oil and gas permits on federal land in what industry leaders are calling a fracking ban.

Pinnacle Midstream to Build Gas Gathering System

Pinnacle Midstream II in late December 2020 said that it has signed a 15-year gas gathering, processing and purchase agreement with DoublePoint Energy, which anchors Pinnacle’s greenfield build of a new natural gas gathering and compression system in the Midland Basin.

Court Approves Williams' Deal with Bankrupt Chesapeake

A bankruptcy court has approved Williams' agreement to take ownership of some Chesapeake Energy assets in exchange for accepting lower gas gathering fees.

Pinnacle Midstream II Plans Gathering, Compression System in Midland Basin

Pinnacle Midstream II on Tuesday said it has signed a 15-year gas gathering, processing and purchase agreement with DoublePoint Energy that anchors Pinnacle’s greenfield build of a new natural gas gathering and compression system in the Midland Basin.

Williams Restructures Contracts with Bankrupt Chesapeake

Pipeline operator Williams Companies said on Monday it will take ownership of some of Chesapeake Energy Corp's assets in exchange for accepting lower gas gathering fees from the bankrupt shale producer.

ConocoPhillips to Buy Concho Resources for $9.7 Billion

ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector continued to consolidate amid lower fuel prices and demand.