Newsreel

SemGroup Corp. has a definitive agreement to acquire the equity interests of Mid-America Midstream Gas Services LLC, a wholly owned subsidiary of Chesapeake Energy Corp., the owner of gas gathering and processing assets in the Mississippi Lime play, for $300 million.

Crestwood Midstream Partners LP, Crestwood Holdings LLC and Inergy LP, Inergy Midstream LP have signed definitive agreements to create a fully integrated midstream partnership valued at $7 billion.

Oil and gas activity turned modestly upward in the first quarter of 2012 after slight declines in the latter half of 2012, according to the latest release of the Texas Petro Index (TPI).

Alliance Pipeline Ltd. named William (Bill) Christensen as its president of law, general counsel and corporate secretary.

More than 200 state, regional and national energy transmission pipeline industry leaders will gather July 30-Aug. 2 in Sarasota, FL to explore safety, security, supply, projects and industry trends at the Florida Energy Pipeline Association’s (FEPA) 24th annual summer symposium.

The Pennsylvania Public Utility Commission (PUC) approved a settlement with UGI Utilities Inc. that included a $200,000 civil penalty, which stemmed from an investigation into an Oct. 31, 2011 explosion in Millersville that caused $450,000 in damages to a home and business.

Solomon Associates of Dallas announced its 2013 Natural Gas Transmission System Performance Analysis (NGTS Study) to help pipeline operators maintain a high level of operating cost efficiency and stay competitive amid today’s challenging market conditions.

The Millennium Pipeline Co. held a non-binding open season for firm transportation service under its existing rate schedule FT-1 to be made available through existing capacity and construction of at least one compressor station and 60 miles of new pipeline that would connect to the Dominion Transmission system near Cortland, NY, and the Tennessee Gas Pipeline System near Syracuse, NY.

Eagle Rock Energy Partners LP has a new fee-based gas gathering, processing and purchase agreement with Monarch Natural Gas LLC.

Dallas-based Energy Transfer Technologies (ETT), a leader in energy management, has announced its largest installation to-date of Dual Drive compression systems.

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