Williams to provide Southwestern expanded gas services in West Virginia

Williams Partners LP has agreed to provide natural gas processing, fractionation, and liquids handling services in Southwestern Energy Co.’s wet gas acreage in the Marcellus and Upper Devonian shale along with gas gathering services in the Houston operator’s South Utica dry gas acreage. Source: News

MARKET WATCH: NYMEX crude oil falls on Henry Hub supply gain

The crude oil contract for November delivery fell 70¢ on the New York market Oct. 12 to settle at $50.60/bbl after the US Energy Information Administration reported oil levels stored at Cushing, Okla., increased by 1.3 million bbl although overall US oil inventories fell. Source: News

US House Democrats strongly criticize proposed OCS policy changes

Proposed US House legislation to extend federal offshore oil and gas revenue sharing to four Mid-Atlantic coastal states and Alaska drew strong fire from a House Natural Resources subcommittee’s Democrats because it also would let the US Interior secretary schedule Outer Continental Shelf lease sales that are not part of an existing 5-year management program. […]