Rigzone Industry News

Kinetik completed its purchase of Durango for about $840 million, growing its natural gas processing capacity by 420 MMcfpd.

Karoon expects Bauna production for the quarter to be between 1.3 million and 1.4 million barrels of oil.

Brummelhuis will begin employment with the company on July 1, reporting directly to Karoon Managing Director and CEO Julian Fowles.

Durango's assets, located in Eddy, Lea and Chaves Counties, New Mexico, include approximately 2,400 miles of gas gathering pipelines and approximately 220 MMcfpd of processing capacity.

Kimmeridge Energy Management Co. plans to continue to invest in the U.S. liquefied natural gas export industry.

The aim of the well is to appraise a gas/condensate discovery made in 2001 and test a number of additional potential reservoir targets.

KBR will provide the technology license, proprietary engineering design, and front end engineering design (FEED) support engineering services for the Holmaneset green ammonia plant.

KBR will provide technology licensing and proprietary engineering design for a 250 kilotons per annum (KTA) phenol plant.

Driven by a full period of production from the Who Dat assets in the U.S. Gulf of Mexico (GOM), production rose 18 percent quarter over quarter.

'These measured changes represent a continuation of succession planning for our board'.