Marcellus Formation

NJR Midstream Announces Acquisition of Leaf River Energy Center

Retrieved on: 
Thursday, September 5, 2019
Energy, Utilities, Oil, Gas, Prehistory of North America, Paleozoic, Sedimentary rocks, Marcellus Formation

NJR Midstream, a business of New Jersey Resources (NYSE:NJR), announced it has entered into an agreement to acquire Leaf River Energy Center, LLC (Leaf River) from Macquarie Infrastructure Partners, which operates within the Macquarie Infrastructure and Real Assets division of the Macquarie Group.

Key Points: 
  • NJR Midstream, a business of New Jersey Resources (NYSE:NJR), announced it has entered into an agreement to acquire Leaf River Energy Center, LLC (Leaf River) from Macquarie Infrastructure Partners, which operates within the Macquarie Infrastructure and Real Assets division of the Macquarie Group.
  • By leveraging our market expertise, NJR Midstream is well positioned with Leaf River to be a leading Gulf Coast service provider in one of the most significant and growing energy demand centers in the United States, said Steve Westhoven, president and COO of New Jersey Resources.
  • With the acquisition of Leaf River, NJR Midstream will now have ownership interests in natural gas storage facilities in the Gulf Coast and Marcellus Shale regions, with working gas capacity of more than 44 MMDth.
  • Forward-looking statements in this news release include, but are not limited to, certain statements regarding the closing of the purchase of Leaf River, future earnings impact of Leaf River and future investments by NJR in Leaf River.

ECA Marcellus Trust I Announces Quarterly Distribution

Retrieved on: 
Tuesday, August 6, 2019
Oil, Gas, Energy, Prehistory of North America, Paleozoic, Sedimentary rocks, Common law, Equity, Inheritance, Trust law, Greylock, Royalty payment, Marcellus Formation

The Trust was formed to own royalty interests in natural gas properties now held by Greylock Energy LLC, and certain of its wholly owned subsidiaries (Greylock) in the Marcellus Shale formation in Greene County, Pennsylvania.

Key Points: 
  • The Trust was formed to own royalty interests in natural gas properties now held by Greylock Energy LLC, and certain of its wholly owned subsidiaries (Greylock) in the Marcellus Shale formation in Greene County, Pennsylvania.
  • The Trust is entitled to receive certain amounts of the proceeds attributable to Greylocks interest in the sale of production from the properties.
  • The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from Greylock with respect to the relevant quarterly period.
  • Other important factors that could cause actual results to differ materially include expenses of the Trust and reserves for anticipated future expenses.

NAI Ohio River Corridor Restructuring in Eastern Ohio and West Virginia Due to Growth of Oil & Gas and Downstream Industries

Retrieved on: 
Tuesday, June 11, 2019
Energy, Alternative energy, Coal, Oil, Gas, Utilities, Other Energy, Transport, Maritime, Rail, Trucking, Other Transport, Manufacturing, Logistics, Supply chain management, Aerospace, Automotive Manufacturing, Chemicals, Plastics, Engineering, Packaging, Steel, Textiles, Other Manufacturing, Natural Resources, Mining, Minerals, Other Natural Resources, REIT, Nuclear, Construction & Property, Commercial Building & Real Estate, Other Construction & Property, Regions of the United States, Geography of the United States, United States, States of the United States, Utica, Marcellus Formation, West Virginia, Ohio River, Ohio

NAI Ohio River Corridor has expanded their team and commercial real estate services in eastern Ohio and West Virginia.

Key Points: 
  • NAI Ohio River Corridor has expanded their team and commercial real estate services in eastern Ohio and West Virginia.
  • Laurie Stanbro, commercial real estate specialist with NAI Ohio River Corridor, has been promoted to vice president of brokerage operations in Ohio.
  • Future growth plans include a stronger presence in eastern Ohio, West Virginia and throughout the Ohio River Corridor, Appalachian Basin, Utica and Marcellus Shale areas.
  • NAI Ohio River Corridor is part of NAI Global, a leading commercial real estate firm with over 400 offices and 7,000 professionals globally.

MGX Minerals and Eureka Resources Enter Joint Venture Agreement to Install World's First Commercial Rapid Petrolithium Recovery System in Pennsylvania

Retrieved on: 
Monday, June 10, 2019
Chemistry, Physical sciences, Natural sciences, Lithium mining, Petrolithium, Mood stabilizers, Lithium, Eureka, MGX, Marcellus Formation, Wastewater treatment

The newly formed JV will initially focus on fast tracking deployment of the world's first commercial rapid lithium recovery system at Eureka's state-of-the-art Standing Stone advanced wastewater Treatment Facility ("Standing Stone") near Towanda, Pennsylvania.

Key Points: 
  • The newly formed JV will initially focus on fast tracking deployment of the world's first commercial rapid lithium recovery system at Eureka's state-of-the-art Standing Stone advanced wastewater Treatment Facility ("Standing Stone") near Towanda, Pennsylvania.
  • Post-concentration lithium values in the range of 1,000ppm have been reported by Eureka and verified by MGX from produced water from within the Marcellus Shale.
  • Eureka will obtain and manage all necessary environmental permits related to each system installation as well as day-to-day operational duties.
  • MGX will fabricate and install each system, market the petrolithium, and provide ongoing system maintenance.

ECA Marcellus Trust I Announces Quarterly Distribution

Retrieved on: 
Monday, May 6, 2019
Energy, Oil, Gas, Prehistory of North America, Paleozoic, Sedimentary rocks, Common law, Equity, Inheritance, Trust law, Greylock, Marcellus Formation

The Trust was formed to own royalty interests in natural gas properties now held by Greylock Energy LLC, and certain of its wholly owned subsidiaries (Greylock) in the Marcellus Shale formation in Greene County, Pennsylvania.

Key Points: 
  • The Trust was formed to own royalty interests in natural gas properties now held by Greylock Energy LLC, and certain of its wholly owned subsidiaries (Greylock) in the Marcellus Shale formation in Greene County, Pennsylvania.
  • The Trust is entitled to receive certain amounts of the proceeds attributable to Greylocks interest in the sale of production from the properties.
  • The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from Greylock with respect to the relevant quarterly period.
  • Other important factors that could cause actual results to differ materially include expenses of the Trust and reserves for anticipated future expenses.

ECA Marcellus Trust I Announces Quarterly Distribution

Retrieved on: 
Tuesday, February 5, 2019
Energy, Oil, Gas, Prehistory of North America, Paleozoic, Sedimentary rocks, Common law, Equity, Inheritance, Trust law, Greylock, Marcellus Formation

The Trust was formed to own royalty interests in natural gas properties now held by Greylock Energy LLC, and certain of its wholly owned subsidiaries (Greylock) in the Marcellus Shale formation in Greene County, Pennsylvania.

Key Points: 
  • The Trust was formed to own royalty interests in natural gas properties now held by Greylock Energy LLC, and certain of its wholly owned subsidiaries (Greylock) in the Marcellus Shale formation in Greene County, Pennsylvania.
  • The Trust is entitled to receive certain amounts of the proceeds attributable to Greylocks interest in the sale of production from the properties.
  • The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from Greylock with respect to the relevant quarterly period.
  • Other important factors that could cause actual results to differ materially include expenses of the Trust and reserves for anticipated future expenses.

MPLX, MarkWest Plot $2 Billion in Projects Across Permian, Marcellus, Other Hot Spots, an Industrial Info News Alert

Retrieved on: 
Friday, November 2, 2018
Geology, Petrology, Marcellus Formation, Middle Devonian, Info, Marcellus

Industrial Info is tracking nearly $2 billion in active projects involving MPLX and its subsidiaries, including MarkWest Energy Partners LP, which has a slew of projects in development in two of the busiest U.S. locales for energy.

Key Points: 
  • Industrial Info is tracking nearly $2 billion in active projects involving MPLX and its subsidiaries, including MarkWest Energy Partners LP, which has a slew of projects in development in two of the busiest U.S. locales for energy.
  • Within this article: Details on some of the highest-valued projects involving MPLX and MarkWest, including two in the Marcellus Shale and Delaware Basin.
  • Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
  • For more information on our coverage, send inquiries to [email protected] or visit us online at http://www.industrialinfo.com .