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Latest Piceance Basin Stories

2011-02-23 06:00:00

DENVER, Feb. 23, 2011 /PRNewswire/ -- Antero Resources announced today that its proved reserves at December 31, 2010 increased 183% to 3.2 Tcfe. From all sources, Antero estimates that it replaced 4,447% of production in 2010 with 3,643% of the reserve replacement occurring through the drill bit and the booking of natural gas liquids (NGLs). Finding and development costs from all sources, including acquisitions, leasehold additions and all price and performance revisions averaged $0.28...

2011-02-17 06:30:00

TULSA, Okla., Feb. 17, 2011 /PRNewswire/ -- Williams (NYSE: WMB) announced today that its total proved natural gas and oil reserves as of Dec. 31, 2010, were approximately 4.5 trillion cubic feet equivalent (Tcfe) - including international reserves of approximately 0.2 Tcfe. Approximately 94 percent of total proved reserves are natural gas, with approximately 59 percent proved developed and 41 percent proved undeveloped, reflecting a continuation of the increase in the ratio of...

2010-12-02 06:00:00

DENVER, Dec. 2, 2010 /PRNewswire/ -- Antero Resources today announced that it has acquired Bluestone Energy Partners, a privately held West Virginia natural gas producer. The Bluestone assets include producing properties with 19 MMcfd of gross operated production (13 MMcfd net including non-operated production) from 93 operated vertical and 3 operated horizontal wells, gathering and compression assets and approximately 40,000 net acres in the Marcellus Shale play in West Virginia and...

2010-11-23 15:00:00

TULSA, Okla., Nov. 23, 2010 /PRNewswire-FirstCall/ -- Williams Partners L.P. (NYSE: WPZ) announced today that it has completed the acquisition of Williams' (NYSE: WMB) gathering and processing assets in Colorado's Piceance Basin for $782 million. The partnership announced the acquisition on Oct. 28. Williams Partners' total consideration for the assets was $702 million in cash and $80 million in WPZ limited-partner and general-partner units. The assets include the Parachute Plant Complex...

2010-11-15 07:30:00

TULSA, Okla., Nov. 15, 2010 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) announced today that it has signed an agreement to acquire a major acreage position in North Dakota's Bakken oil play that will, upon completion, diversify the company's exploration and production interests into light, sweet crude oil production. By 2013, approximately 25 percent of the company's E&P revenue streams are expected to be generated by oil production, up from 7 percent in 2010. In the sale,...

2010-11-08 06:00:00

DENVER, Nov. 8, 2010 /PRNewswire/ -- Antero Resources today announced that it has closed the previously announced sale of its midstream assets, located in the Woodford Shale area of the Arkoma Basin, to Cardinal Midstream, LLC ("Cardinal") for $270 million, after giving effect to working capital adjustments. The sale to Cardinal included a 60% membership interest in Centrahoma Processing LLC, which is a joint venture with MarkWest Energy Partners, L.P. that operates two cryogenic...

2010-10-28 05:30:00

TULSA, Okla., Oct. 28 /PRNewswire-FirstCall/ -- Williams Partners L.P. (NYSE: WPZ) announced today that it has agreed to acquire Williams' (NYSE: WMB) gathering and processing assets in Colorado's Piceance Basin for $782 million. Williams Partners' total consideration for the assets will include $702 million in cash and $80 million in WPZ limited-partner and general-partner units. The assets include the Parachute Plant Complex, three other treating facilities with a combined processing...

2010-10-25 10:59:00

RIFLE, Colo., Oct. 25 /PRNewswire/ -- Natural Resources USA Corporation, (OTC Bulletin Board: AALA), previously known as AmerAlia, Inc., announced that it has been advised by the Washington office of the Bureau of Land Management (BLM) that its nomination for an Oil Shale Research, Development, and Demonstration (RD&D) lease in Colorado has been advanced to the next stage of its review process. (Logo: http://photos.prnewswire.com/prnh/20100920/LA67770LOGO) (Logo:...

2010-10-25 09:20:00

SEATTLE, Oct. 25 /PRNewswire/ -- Shale and Sands Oil Recovery LLC (SASOR), a private company, has developed and patented a new method for producing useable oil from oil shale. The new method uses little water and produces minimal amounts of greenhouse gas emissions. It is an in situ technique that uses supercritical material to quickly mature the oil shale from a kerogen-containing rock to shale oil that is ready to be shipped to a refinery. In Colorado's Piceance Basin alone there may be...

2010-10-01 10:08:00

DENVER, Oct. 1 /PRNewswire/ -- Antero Resources today announced that it has entered into definitive agreements to sell its midstream assets located in the Woodford Shale area of the Arkoma Basin of Oklahoma to affiliates of Cardinal Midstream, LLC ("Cardinal") for $268 million in cash. Under the agreements, Antero will sell to Cardinal its 60% membership interest in Centrahoma Processing LLC, which is a joint venture with MarkWest Energy Partners, L.P. that operates two cryogenic...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'karpos', fruit.
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