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OH – PA – WV Want Shell Ethane Cracker

by Kenneth E. DuBose on August 30, 2011

An ethane cracker that is proposed by Shell will be built in the Marcellus Shale region of Ohio, Pennsylvania, and West Virginia. The petrochemical plant will be a major development for whichever state Shell chooses. You can bet those states are competing as we speak. For mineral owners, this adds value to hydrocarbons beneath your property by […]

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Shale Gas & Oil Investment Drive Q2 2011 M&A

by Kenneth E. DuBose on August 15, 2011

Money is still poring into the shale plays: Ongoing interest in shale acreage, deals for midstream assets and increased investments from foreign buyers in the US oil and gas industry helped drive US oil and gas mergers and acquisitions (M&A) value to $39 billion in the second quarter of 2011, according to PwC US. In […]

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Idaho Mineral Rights – Oil & Gas Leasing Continues

by Kenneth E. DuBose on August 3, 2011

Oil & gas mineral rights leasing in Idaho continues as operators have success drilling wells. The full resource is yet to be determined as Bridge Resources works with midstream companies to bring production to market later in 2011. The local paper recently released some advice for oil & gas mineral owners, which is copied below. […]

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Petrohawk sells 50% of its North Louisiana Haynesville Shale midstream operations to Kinder Morgan for $875 million.  The assets are expected to have gas throughput of 800 mmcfd by year-end 2010. “The oil and gas explorer cited low gas prices for the sale of stake in Haynesville shale gathering and treating business, and said it […]

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