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Latest Midstream Stories

2014-04-01 16:21:26

Solidifies Azure as one of the Largest Midstream Companies in Haynesville Shale HOUSTON, April 1, 2014 /PRNewswire/ -- Azure Midstream Energy, LLC ("Azure," or "Company"), a midstream natural gas gathering and processing company based in Houston, Texas announced the completion and startup of its Fairway gas processing plant located in San Augustine County, Texas. The James Lime formation in the Haynesville Shale area in East Texas has rich associated natural gas that requires...

2014-03-31 08:24:41

TULSA, Okla., March 31, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it plans to construct a condensate splitter at its terminal in Corpus Christi, Texas under a fee-based, take-or-pay agreement with Trafigura AG. The project also includes construction of more than one million barrels of storage, dock improvements and two additional truck rack bays at Magellan's terminal as well as pipeline connectivity between Magellan's terminal and...

2014-03-26 12:23:04

51.4 Miles of Gathering Pipeline in Northern McKenzie County is Scheduled to be In-Service in the 4th Quarter of 2014. The Project Will Connect North & Central McKenzie County to Takeaway Options in and Around Johnson's Corner DALLAS, March 26, 2014 /PRNewswire/ -- Paradigm Energy Partners, LLC ("Paradigm") announced today the execution of a gathering contract that will anchor the build-out of an expansive gathering system extending from the Charleson Field of northern McKenzie...

2014-03-25 08:23:54

DENVER, March 25, 2014 /PRNewswire/ -- Double Eagle Petroleum Co. (the "Company") (NASDAQ: DBLE) announced today that Charles F. Chambers has been appointed Chairman and Chief Executive Officer, effective as of April 1, 2014, succeeding Richard D. Dole who will become Vice Chairman of the Board. As part of the transition the Company is changing its name to Escalera Resources Co. The Company also announced a private placement of its common stock for $4,825,000, the net proceeds of...

2014-03-18 08:22:57

HOUSTON, March 18, 2014 /PRNewswire/ -- PennTex Midstream Partners, LLC ("PennTex") announced today that it has signed two separate midstream transactions to build two significant gathering and processing platforms in the Permian Basin and Northern Louisiana. Founded by Thomas F. Karam, CEO, along with Robert O. Bond, COO, and Steven R. Jones, CFO, PennTex has received a substantial equity commitment from NGP Energy Capital Management ("NGP") through its affiliate, NGP Natural...

2014-03-14 08:22:52

DALLAS, March 14, 2014 /PRNewswire/ -- Alerian announced that following the close of business on Friday, March 21, QEP Midstream Partners LP (NYSE: QEPM) and Summit Midstream Partners LP (NYSE: SMLP) will be added to the Alerian Natural Gas MLP Index (NYSE: ANGI). QEP Midstream Partners owns, operates, acquires, and develops midstream energy assets in Wyoming, Colorado, Utah and North Dakota. Summit Midstream Partners owns and operates midstream energy infrastructure assets that...

2014-03-13 20:22:56

In the news release, Gastar Exploration Inc. Reports Fourth Quarter 2013 Results, issued 13-Mar-2014 by Gastar Exploration Inc. over PR Newswire, we are advised by the company that the 18th paragraph, last sentence, should read "... we now have a total of 210 Marcellus Shale drilling locations identified for future development in Marshall and Wetzel Counties, West Virginia." rather than "... we now have a total of 112 Marcellus Shale drilling locations identified for future development in...

2014-03-06 12:21:48

Frost & Sullivan's latest initiative identifies the Top 35 Most Valuable Products and solutions (MVPs) that are enabling game-changing transformations in the upstream and midstream oil and gas sector MOUNTAIN VIEW, Calif., March 6, 2014 /PRNewswire/ -- The many dynamics at work in and around the global oil and gas industry promises nothing less than paradigm changes across the industry's value chain over the next 10 years. This is especially true in the upstream and midstream sectors of the...

2014-02-28 08:22:23

DALLAS, Feb. 28, 2014 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that Steve Newby, President and Chief Executive Officer, and Matt Harrison, Senior Vice President and Chief Financial Officer, will meet with investors at the Morgan Stanley Midstream MLP and Diversified Natural Gas Corporate Access Event on Tuesday, March 4, 2014 and Wednesday, March 5, 2014 in New York, NY. The presentation materials associated with this event will be accessible...

2014-02-26 23:01:34

Growing production of crude oil and associated natural gas from Rocky Mountain basins puts increasing importance on takeaway infrastructure and transportation options. Hart Energy’s 2014 DUG Bakken and Niobrara conference, April 2-4 at the Colorado Convention Center in Denver, covers these topics with keynote speakers, expert panels, technology exhibits and more. Houston, TX (PRWEB) February 26, 2014 Growing production of crude oil and associated natural gas from Rocky Mountain basins...


Word of the Day
lunula
  • A small crescent-shaped structure or marking, especially the white area at the base of a fingernail that resembles a half-moon.
This word is a diminutive of the Latin 'luna,' moon.
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