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Latest natural gas processing Stories

2014-07-24 16:22:37

TULSA, Okla., July 24, 2014 /PRNewswire/ -- The board of directors of the general partner of ONEOK Partners, L.P. (NYSE: OKS) today increased the partnership's quarterly cash distribution by 1.5 cents to 76 cents per unit from 74.5 cents per unit, effective for the second quarter 2014, resulting in an annualized cash distribution of $3.04 per unit. The distribution is payable Aug. 14, 2014, to unitholders of record as of Aug. 4, 2014. "Completed natural gas and natural gas liquids...

2014-07-21 16:27:51

HOUSTON, July 21, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") today reported that estimated proved reserves of natural gas, oil and condensate and natural gas liquids (NGLs) as of June 30, 2014 totaled 78.0 million barrels of oil equivalent (BOE), a 43% increase over December 31, 2013 proved reserves of 54.6 million BOE, as estimated by our third-party reserve engineers in accordance with SEC regulations. Of the 78.0 million BOE of mid-year reserves, 54%...

2014-07-15 16:23:32

DENVER, July 15, 2014 /PRNewswire/ -- -- Mid-year 2014 proved reserves increased by 19% to 9.1 Tcfe (13% liquids) from year-end 2013 -- Proved developed reserves increased by 37% to 2.8 Tcfe (12% liquids) -- Pre-tax PV10 of proved reserves including hedges increased by 28% to $9.0 billion -- 3P reserves increased by 7% to 37.5 Tcfe (15% liquids) -- Pre-tax PV10 of 3P reserves including hedges increased by 24% to $26.4 billion -- Utica...

2014-07-01 16:24:03

DENVER, July 1, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE:QEPM) (the "Partnership") today announced that it has acquired 40% of the outstanding membership interest in Green River Processing, LLC ("Green River Processing") for $230 million in cash from QEP Field Services Company, a wholly owned subsidiary of QEP Resources, Inc. (NYSE: QEP) ("QEP"). This transaction represents the Partnership's first acquisition following its initial public offering in August 2013. The...

2014-06-26 16:22:16

CALGARY, June 26, 2014 /CNW/ - Aux Sable Canada LP is pleased to announce it has executed an additional long-term Rich Gas Premium (RGP) agreement with Seven Generations Energy Ltd (7G). The agreement significantly increases the volumes originally agreed to by the companies in February 2013. Under this new long-term agreement, volumes of liquids-rich natural gas from 7G's Kakwa River Project are expected to ramp-up to 500 million cubic feet per day (mmcf/d). These supplies will be...

2014-05-20 12:24:10

--New Price Series Covers U.S. Natural Gas and Natural Gas Liquids-- HOUSTON, May 20, 2014 /PRNewswire/ -- Platts, the leading global energy information provider and division of McGraw Hill Financial, yesterday introduced the first in a series of daily price assessments designed to help companies - from producers to end users such as petrochemicals manufacturers - to better understand price differentials and profitability factors in the U.S. shale natural gas and natural gas liquids (NGL)...

2014-05-20 08:24:51

UOP Russell Modular Equipment to process 200 million cubic feet per day of natural gas DES PLAINES, Ill., May 20, 2014 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that PennTex Midstream Partners LLC has selected UOP Russell to supply a gas processing plant to recover valuable natural gas liquids (NGLs) in northern Louisiana. The plant, which will process 200 MMSCFD of natural gas, will be in production in the first quarter of 2015. In addition, UOP...

2014-05-07 16:25:44

- Revenues from production up 33% from 4Q 2013 and 154% from 1Q 2013 HOUSTON, May 7, 2014 /PRNewswire/ -- Gastar Exploration Inc. (NYSE MKT: GST) ("Gastar") today reported financial and operating results for the three months ended March 31, 2014. Net loss attributable to Gastar's common stockholders for the first quarter of 2014 was $2.0 million, or a loss of $0.03 per share. Excluding the impact of a $3.2 million loss resulting from the mark-to-market of outstanding hedge...

2014-05-07 16:25:14

DENVER, May 7, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE: QEPM) (the "Partnership") today announced that it has entered into a Purchase and Sale Agreement to acquire 40% of the outstanding membership interest in Green River Processing, LLC ("Green River Processing") for $230 million in cash from QEP Field Services Company, a wholly owned subsidiary of QEP Resources, Inc. (NYSE: QEP) ("QEP"). This transaction represents the Partnership's first acquisition following its...

2014-05-07 00:21:00

CALGARY, May 6, 2014 /PRNewswire/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2014. Overall, results show significant gains from the comparative period in 2013 and the previous fourth quarter, reflecting both positive operating results and stronger commodity prices. A complete copy of Perpetual's unaudited interim consolidated financial...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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