Gas Processing Capability

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  1. Whiting closes sale of North Dakota midstream assets

    Denver independent Whiting Petroleum Corp. has completed the sale of its midstream assets in North Dakota’s Williston basin to Tesoro Logistics Rockies LLC (TLRL), a division of Tesoro Corp. affiliate Tesoro Logistics LP (TLLP). The sale included Whiting’s 50% interest in the 130-MMcfd natural gas processing plant in Sanish field and associated gas gathering system located in Mountrail County, ND, as well as its 50% stake in the 35-MMcfd Belfield gas processing plant near Pronghorn field and associated gas, crude, and water gathering in Stark, Billings, and Dunn counties, Whiting said. Closing of the deal follows TLLP’s November 2016 announcement that it had entered an agreement with Whiting, GBK Investments LLC, and WBI Energy Midstream LLC to acquire the North Dakota midstream assets for $700 million as part of an effort to expand its North American midstream portfolio ( OGJ Online, Nov. 22, 2016 ). Whiting said it expects its portion of all-cash sale to be about $375 million, pending closing and post-closing adjustments. Alongside the total 170-175 MMcfd of gas processing capacity, TLRL’s newly acquired assets in the Williston basin’s Sanish and Pronghorn fields include more than 650 miles of oil, gas, and produced water gathering pipelines, as well as 18,700 b/d of fractionation capacity. Whiting’s decision to shed ownership of the North Dakota gathering and processing assets aligns with the company’s ongoing strategy to divest noncore midstream assets in order to focus on its upstream business, said James J. Volker, Whiting chairman, president, and chief executive officer. Contact Robert Brelsford at rbrelsford@ogjonline.com .

    Online Articles

    Online Articles

    Thu, 5 Jan 2017

  2. Statoil boosts gas processing capacity at North Sea Troll platform

    Statoil has commissioned Aker Solutions to construct and install a new module to increase gas processing capacity on the Troll B platform in the Norwegian North Sea.

    Online Articles

    Online Articles

    Fri, 16 Sep 2016

  3. Gas processing capacity expansion continues, led by U.S. and Middle East

    Global gas processing capacity is projected to increase from approximately 458 billion cubic feet per day (bcfd) in 2015 to almost 516 bcfd by 2019, driven by a full slate of projects in the Middle East, North America and Asia, according to research and consulting firm GlobalData.

    Online Articles

    Online Articles

    Thu, 24 Sep 2015

  4. GlobalData: Gas processing capacity expansion continues, led by US and Middle East

    Global gas processing capacity is projected to increase from approximately 458 billion cubic feet per day (bcf/d) in 2015 to almost 516 bcf/d by 2019, driven by a full slate of projects in the Middle East, North America, and Asia, according to research and consulting firm GlobalData.

    Online Articles

    Online Articles

    Thu, 24 Sep 2015

  1. Bahrain advances project to expand gas processing capacity

    Online Articles

    Online Articles

    Thu, 13 Oct 2016

  2. Natural gas processing capacity gets a boost from UOP

    The new SeparexTM Flux+ membrane element, from Honeywell’s UOP, improves natural gas processing capacity .

    Online Articles

    Online Articles

    Tue, 26 Feb 2013

  3. Keyera invests $65MM to expand gas gathering, processing in Canada

    Keyera will invest approximately $65 million to acquire ownership interests in two additional gas plants and increase its ownership interests in four of its existing gas plants, as well as interests in 260 kilometers of gathering pipelines and nine compressor stations.

    Online Articles

    Online Articles

    Wed, 9 Jun 2010

  4. Manitok adds gas processing capacity in southeast Alberta

    Manitok Energy Inc., Calgary, has entered an agreement with an undisclosed seller for the purchase natural gas processing and production assets in the Carseland area of its conventional oil and gas reservoirs in southeast Alberta’s Entice lands.

    Online Articles

    Online Articles

    Fri, 4 Mar 2016

  5. Natural gas processing capacity increased by membrane elements

    Honeywell's UOP Separex Flux+ membrane element is announced to "increase natural gas processing capacity , compared with existing technology, allowing producers to capture higher revenue and reduce costs."

    Blogs

    Blogs

    Wed, 24 Apr 2013

  6. ADNOC, Oxy JV let contract for UAE sour gas plant expansion

    Abu Dhabi National Oil Co. subsidiary Abu Dhabi Gas Development Co. (Al Hosn Gas) and joint-venture partner Occidental Petroleum Corp. have let a contract to UK-based Amec Foster Wheeler PLC (AFW) to provide front-end engineering and design services for the JV’s recently announced plan to expand ...

    Online Articles

    Online Articles

    Thu, 8 Dec 2016

  7. Tesoro Logistics expands midstream asset base with $1.1 billion in deals

    Tesoro Logistics LP has made $1.1 billion-worth in assets acquisitions in an effort to expand is midstream portfolio.

    Online Articles

    Online Articles

    Tue, 22 Nov 2016

  8. 1Derrick US M&A weekly update

    1Derrick gives OGFJ readers a snapshot of oil and gas industry M&A activity for the week of November 21st to November 25th.

    Online Articles

    Online Articles

    Mon, 28 Nov 2016

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