Edition:
United States

Oil & Gas Exploration and Production

Page 2

Nostrum says will not be possible to bring gas into GTU3 in 2017​

Wednesday, 18 Oct 2017 02:00am EDT

Oct 18 (Reuters) - Nostrum Oil & Gas Plc ::NOSTRUM OIL & GAS PLC - ‍DUE TO DELAYED DELIVERY OF SOME VALVES REQUIRED FOR GTU3 WITH GTU1&2 IT WILL NOT BE POSSIBLE TO BRING GAS INTO GTU3 IN 2017​.NOSTRUM OIL & GAS PLC - ‍PREVIOUSLY PLANNED THREE WEEK SHUT DOWN OF GTU1&2 HAS THEREFORE BEEN POSTPONED UNTIL AFTER WINTER PERIOD​.NOSTRUM OIL & GAS PLC - ‍SHUT DOWN AND TIE- IN OF GTU1&2 IS NOW SCHEDULED TO BE COMPLETED IN APRIL 2018​.NOSTRUM OIL & GAS PLC - ‍POSTPONEMENT OF GTU3 COMMISSIONING DOES MEAN THAT PRODUCTION GUIDANCE FOR FIRST SIX MONTHS OF 2018 WILL BE IMPACTED​.NOSTRUM OIL & GAS-NOT BE ABLE TO RAISE PRODUCTION ABOVE CURRENT CAPACITY OF 45,000 BOEPD; TARGET TO RAMP UP PRODUCTION TO 100,000 BOEPD BY 2020 UNCHANGED​.NOSTRUM OIL & GAS PLC - ‍TOTAL COST OF PLANT IS NOT IMPACTED BY DELAY TO TIE-IN AND COMMISSIONING AND REMAINS AT US$532 MILLION​.NOSTRUM OIL & GAS PLC - ‍COMPANY REMAINS FULLY FUNDED TO COMPLETE GTU3 AND RAMP UP PRODUCTION​.

Sanchez Midstream says ‍co entered into certain purchase and sale agreement with Dallas Petroleum on Oct 12

Monday, 16 Oct 2017 08:12am EDT

Oct 16 (Reuters) - Sanchez Midstream Partners Lp :Sanchez Midstream Partners LP - ‍ On October 12, co entered into that certain purchase and sale agreement with dallas petroleum group - SEC filing​.Sanchez-Pursuant to deal, co to sell specified oil and gas wells, leases, other associated assets, interests for cash consideration of $6.25 million.Sanchez Midstream-on Oct 12, deal entered by co's unit, sendero petroleum dated June 30 relating to sale of specified assets in Texas was terminated.

Encana successfully starts Sunrise processing plant on Sept 27

Thursday, 5 Oct 2017 06:00am EDT

Oct 5 (Reuters) - Encana Corp : :Encana Corp - ‍Encana successfully started up Sunrise processing plant on September 27, under budget and more than one month ahead of original schedule​.Encana - ‍in parallel with sunrise and tower facilities ramping up, third plant, Saturn remains ahead of schedule & is on track to start up before year-end​.Encana Corp - ‍in addition, Towerbirch lateral pipeline which connects all three plants to NGTL system started up on October 1​.

Veresen announces start-up of Tower rich gas processing plant

Wednesday, 27 Sep 2017 06:00am EDT

Sept 27 (Reuters) - Veresen Inc :Veresen announces start-up of Tower rich gas processing plant and expects remaining processing plants currently under construction in-service by year-end.Veresen Inc says 400 mmcf/d Sunrise processing plant is expected to start-up by mid-October with throughput anticipated to ramp up throughout 2018.Veresen - Saturn processing plant is anticipated to have one of its two 200 mmcf/d trains in-service by year-end, followed by second train in first half of 2018.Veresen Inc says when all three facilities are operational, Veresen Midstream will have 1.5 bcf/d of gas processing capacity in operation.Veresen - ‍Veresen Midstream to fund up to $5 billion of new infrastructure within AMI to service cutbank ridge partnership's planned production growth​.Veresen - ‍under Dawson Midstream deal, Encana manages construction of infrastructure within AMI, to processing facilities on behalf of Veresen Midstream.

Encana delivers new Montney plant ahead of schedule

Wednesday, 27 Sep 2017 06:00am EDT

Sept 27 (Reuters) - Encana Corp :Encana delivers new Montney plant ahead of schedule; company continues to outperform five-year plan.Encana Corp - ‍Company's liquids and gas volumes in play expected to grow throughout 2018​.Encana Corp - ‍Remains on track to deliver its 2017 corporate guidance despite Hurricane Harvey and gas constraints this summer in Western Canada​.Encana Corp - ‍impacts from Hurricane Harvey in Eagle Ford and Permian were limited to about 3,500 BOE/d in q3​.Encana Corp - "‍Firmly on track with our 2017 guidance and well positioned for 2018​".Encana - ‍In Western Canada, sees TCPL system maintenance, extended third party gas plant turnaround to have a Q3 production impact of about 55 MMcf/d.Encana Corp - ‍Now expects production growth from core assets to be towards top end of 25%-30% guidance range from Q4 2016 to Q4 2017​.Encana - Expects production growth from its core assets to be towards top end of its 25 to 30 percent guidance range from Q4 of 2016 to Q4 of 2017.

D. E. Shaw & Co LP ‍sends letter to EQT board ​

Thursday, 14 Sep 2017 06:00am EDT

Sept 14 (Reuters) - EQT Corp ::D. E. Shaw & Co LP says ‍sent a letter to board of directors of EQT ​.‍D. E. Shaw & Co L.P - own about 4.0 percent interest in common stock and equivalents of eqt corporation​.D. E. Shaw & Co LP says ‍calls on eqt to complete plan provided by D. E. Shaw by first half of 2018​.D. E. Shaw & Co LP says "‍calls on EQT to appoint independent directors with relevant executive midstream experience to help oversee plan execution​".D. E. Shaw & Co l.P​ says ‍following consummation of rice acquisition, EQT corporation should separate into EQT production and EQT midstream.D. E. Shaw & Co LP says ‍believe that EQT Corp is "substantially undervalued"​.‍D. E. Shaw & Co LP says EQT's plan should also consist of restructuring of midstream businesses through a merger of EQM and RMP​ ‍​.

Camber Energy announces receipt of notice of non-compliance from NYSE American

Wednesday, 30 Aug 2017 06:07am EDT

Aug 30 (Reuters) - Camber Energy Inc :Camber Energy announces receipt of notice of non-compliance from NYSE American.Camber Energy Inc - is continuing to evaluate all strategic alternatives.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary