KKR, Fleur de Lis buy Wyoming carbon dioxide assets

KKR and Fleur de Lis Energy have acquired properties related to carbon dioxide enhanced oil recovery in the Powder River and Green River basins of Wyoming from Anadarko Petroleum Corp.

The assets include Salt Creek, Monell, and Linch fields and the Howell Pipeline. The fields produce 14,000 boe/d net to the acquired interests. The pipeline has capacity of 270 MMcfd of CO2.

Terms weren’t disclosed.

This is the partnership’s third acquisition since its formation in 2014. Others are the July 2014 acquisition of Selma Chalk properties in Mississippi from Penn Virginia Corp. and the November 2014 acquisition of Wolfberry assets in West Texas from Linn Energy LLC (OGJ Online, Oct. 8, 2014).

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...