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Anadarko Sells Bison Processing Plan to Western Gas

by Kenneth E. DuBose on July 5, 2011

Anadarko Petroleum is selling gas processing assets in the Powder River Basin of eastern Wyoming to its Western Gas subsidiary for $130 million. The plant processes natural gas and carbon dioxide. Expect processing capacity in the Powder River Basion to increase if the Niobrara Shale proves commercial across the basin “Western Gas Partners LP said […]

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NGLs (Natural Gas Liquids) supply is expanding with increases in production from parts of the Marcellus Shale and the Eagle Ford Shale in South Texas.  Expect the petrochemical industry to begin expanding and building new facilities like the proposed Shell ethylene plant in the Northeast.  This is a win for mineral owners as more demand […]

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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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