Capital spending during the first quarter was $ 349 million, including $ 13 million
in midstream development expenses, $ 4.6 million in land purchases and $ 26.3 million in San Juan activity that is reimbursable to WPX in conjunction with the closing adjustments for the Gallup divestiture.
The company anticipates investment of $ 500 million
in the midstream development of Alpine High in 2018.
Not exact matches
When combined with the Company's existing 10,000 barrel per day agreement for
in - field gathering with Oryx
Midstream Services and planned investment of approximately $ 20 million
in its own oil gathering system
in 2018, PDC believes this agreement ensures its ability to successfully produce and deliver volumes
in accordance with its current
development plan.
For more than two decades, Warburg Pincus has invested or committed over $ 9.5 billion across more than 50 energy investments around the world involved
in oil and gas exploration and production,
midstream, power generation, oilfield technology and related - services, mining and alternative energy
development.
The Board has concluded that Mr. Nickerson is qualified to serve as a Director because, among other things, he has over 30 years of experience
in oil and gas operations, with a focus on
midstream asset
development and management, a critical element of the Company's current strategy.
One of the reasons, because of it, is
in their
development, like, their project pipeline and a lot of the existing business they have right now is
in what is called the demand pull side of the
midstream business, which is rather than being the company that gathers from the field, which is from the well and things like that.
Hays represents companies and entrepreneurs
in upstream,
midstream and downstream transactions, including mergers and acquisitions, joint ventures and project
development.
Experienced
in the purchase and sale of both oil and gas properties and
midstream assets, the arriving group's knowledge also covers a full range of oil and gas exploration and
development agreements such as leases, joint operating agreements, production sharing agreements and drilling contracts.
Midstream Oil and Gas Deal of the Year: Bahrain LNG Advising The Oil & Gas Holding Company B.S.C. (Closed)(nogaholding) on the
development of Bahrain's first LNG receiving and regasification terminal project,
in respect of the onshore and offshore aspects, including the
development, construction and shipping aspects, as well as the financing of the transaction.
Mr. Bennett assists clients with
development and structuring of upstream and
midstream investments and joint ventures, including
in respect of project
development agreements, joint
development agreements, participation agreements, farmouts, production sharing arrangement and acquisitions of interests
in oil and gas and
midstream properties and LNG, pipeline and other energy projects.