Chevron Corp. (CVX) is offering packages in Reagan and Cochran counties, Texas, that include producing oil and gas wells.
In Cochran County, Chevron Midcontinent LP is set to divest its interests in the Permian Basin’s Masten Unit, said EnergyNet, which is handling the divestments. Chevron is auctioning operations and HBP leasehold consisting of about 3,193.50 gross acres.
In Reagan County, Chevron U.S.A. Inc. and Chevron Midcontinent are conducting a sealed bid offering for its operations, HBP leasehold and overriding royalty interests.
Indian oil refinery complex operator Reliance invested more than $8 billion in its U.S. unconventional gas joint ventures through March, Bloomberg reported. It is considering sale in private matter.
BP CEO Bob Dudley said company is less likely to be acquired, “and it is certainly not our intention” to sell, after $18.7 billion Gulf of Mexico settlement, Reuters reported.
The farm-in will provide Vermilion participating interest in 19 onshore exploration licenses in northwest Germany, comprising about 850,000 net acres of oil and gas rights (100% undeveloped), the company said in a news release.
Under deal with Enterprise Partners, feedstock may be used in U.S. or exported, acting CEO Yousef al Benyan told Bloomberg. Saudi Basic Industries Corp. converted U.K. crackers to produce olefins.
Michael A. Creel, CEO of Enterprise’s general partner, said the proceeds enhance the company’s financial flexibility for Eagle Ford and Permian Basin projects. Including proceeds, current liquidity surpasses $6 billion.
The new acreage is in an area that has generated positive results in the Upper and Lower Montney. There is access to existing and future infrastructure
Pawnee Terminal is primary injection site for Tallgrass Energy Partners’ Northeast Colorado Lateral on the Pony Express Pipeline, which takes crude oil from Bakken and Niobrara formations to Cushing, Okla.
Texas Gathering Co. gathers about 24,000 barrels per day of crude, primarily in Texas. Owner Travis Davis and management team joined First River Energy and will continue managing the business.
Italy’s Eni has asked advisers to look at options for the assets, which include interests in oil and natural-gas fields, people with knowledge of the private matter told Bloomberg.
Through acquisition of shares of a private company, Eagle Energy Trust will acquire about 750 barrels of oil equivalent per day in the Twining Field in Alberta.
Touchstone now does not have any land holdings in Alberta after divesting its interest in Dawson project in Peace River area of Alberta. The property was a nonproducing legacy asset.
|E&P||USD 217||Members only||Milagro Oil & Gas Inc.|
|E&P||USD 118||Members only||Goodrich Petroleum Corp.|
|E&P||USD 47||Members only||McCabe Petroleum Corp.|
|Mid||USD 1500||Members only||Enterprise Products Partners LP|
|Chesapeake Energy Corp.; Statoil ASA||Members only||08/13/2015|
|Chevron Corp.; Chevron Michigan LLC||Members only||08/11/2015|
|Chevron Corp.; Chevron USA Inc.; Chevron Midcontinent LP||Members only||08/11/2015|
|Receiver for Vendetta Royalty Partners Ltd.||Members only||08/06/2015|