The management team of Kaisen, formed in 2013, has experience with conventional oil in the Western Canadian Sedimentary Basin, in the Lone Rock and Edam areas of the Saskatchewan heavy oil fairway.
The facility in Glasscock County, Texas, in the Permian Basin has capacity of 58 million cubic feet per day and currently processes about 45 million cubic feet per day.
Under the deal, Delek paid $67 million for the rights to sell Noble’s 47 percent in the undeveloped Karish and Tanin fields, which together contain an estimated 3 trillion cubic feet of gas.
There are 112,000 net acres of leasehold, plus additional fee mineral lands. Collectively, they represent Encana's total position in northern Louisiana.
Customers connected to Mexico’s national grid will gain a bundled natural gas supply package that can include Henry Hub or Houston Ship Channel-based pricing and swing and storage services.
Switzerland’s Ineos will supply ethane from Grangemouth to the Fife Ethylene Plant at Mossmorran in Scotland from mid-2017. The plant is owned by ExxonMobil Chemical Ltd. Reuters said.
The joint venture will launch the study at the beginning of 2016 about the construction of a LNG storage center in Yulin aiming to realize the peak shaving by LNG, Reuters said.
Crestwood also said Oct. 28 it has launched an open season for shipper support of the Delaware Takeaway (Delta) crude pipeline system.
Prior to signing the current agreement, companies won an LNG project. A production train will produce about 235,000 gallons per day of LNG for a U.S. LNG peakshaver facility.
A press report earlier this week said Eni was working with Barclays on a potential sale of Versalis, which may fetch 1 billion euros, Reuters reported.
Kinder Morgan will own a 75% interest in the JV, with BP owning 25%. The terminals are located in the Midwest, Northeast, Southeast and on the West Coast.
In September, Spectra Energy and Phillips 66 executed an agreement to strengthen Denver-based DCP Midstream LLC through an injection of assets and equity.
|Mid||USD 15700||Members only||MarkWest Energy Partners LP|
|E&P||USD 29.5||Members only||Undisclosed|
|Mid||USD 40||Members only||Apache Corp.|
|E&P||USD 850||Members only||Encana Corp.|