Pony Express holding condensate open season

Tallgrass Pony Express Pipeline LLC is holding a binding open season soliciting shipper commitments for light crude petroleum transportation service from the Buckingham receipt point in Weld County, Colo., on the Northeast Colorado Lateral (NECL) of Pony Express to delivery points at Ponca City and Cushing, Okla. Source: News


NWS joint venture defers Lambert Deep gas field development

The Woodside Petroleum Ltd.-led North West Shelf joint venture has decided to defer the proposed Lambert Deep natural gas field development in the Carnarvon basin offshore Western Australia. Source: News


EIA reports 34 bcf increase in underground gas storage

The US Energy Information Administration estimated working gas in underground storage across the Lower 48 at 3.27 tcf as of July 15, a net increase of 34 bcf from the previous week. Source: News


Encana outlines reduced drilling, completion costs

Calgary-based Encana Corp. outlined how it has lowered drilling costs across its core plays and expects additional cost reductions throughout the year. It also increased its 2016 production expectations despite the ongoing oil price slump. Source: News