Duncan Energy Partners Increases Cash Distribution Rate and Announces Schedule K-1 Availability

Duncan Energy Partners L.P. today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.455 per common unit, or $1.82 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record at the close of... 

Enterprise Announces 26th Consecutive Quarterly Distribution Rate Increase

Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the... 

Riverstone Holdings Closes the Acquisition of USA Compression

The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it has completed the acquisition of USA Compression Holdings, LP, the parent company of USA Compression Partners, LLC (“USA Compression” or the “Company”),... 

Enterprise Strengthens Eagle Ford Shale Position with Chesapeake Agreements

Enterprise Products Partners L.P. nnounced today that the partnership has entered into 10-year agreements to handle a substantial portion of Chesapeake Energy Corporation’s (NYSE:CHK – News) liquids-rich natural gas production in the Eagle Ford Shale. Chesapeake’s gross acreage position currently comprises more than 625,000 acres in and around... 

Triple Diamond Energy Corp. Constructs Pipeline From Hoover Field In Oklahoma To Point Of Purchase

Triple Diamond Energy Corp. (TDEC), an independent Texas based oil and gas exploration company, announces they have constructed a natural gas pipeline from the Hoover Field located in Garvin County to the point of purchase. This pipeline will move natural gas from TDEC’s well to the larger Midstream LP pipeline, formerly owned by Duke Energy. “The... 

NiSource unit Columbia Gas Transmission and MarkWest Energy Partners Announce Additional Plans to Expand Natural Gas Midstream Services in West Virginia

NiSource Inc. unit Columbia Gas Transmission Corp. and MarkWest Energy Partners, LP announced their intention to jointly expand natural gas gathering and processing services to support increased production volumes in the Appalachian Basin of central West Virginia. Columbia Gas and MarkWest are in discussions with several natural gas producers regarding... 

Crosstex Energy Provides Operational Assessment of Texas and Louisiana Facilities after Hurricane Ike

Crosstex Energy, L.P. announced that the majority of its assets in Texas and Louisiana sustained minimal physical damage as a result of Hurricane Ike. Most of the Partnership’s facilities along the Gulf Coast are resuming or have resumed operations. However, the Sabine plant, because of its proximity to the Louisiana Gulf coast, sustained some damage... 

DCP Midstream Partners to Acquire Gas Gathering, Treating and Transportation Assets in Michigan for $145 Million

DCP Midstream Partners, LP announced it has entered into an agreement to purchase Michigan Pipeline & Processing, LLC (MPP), a privately held company engaged in natural gas gathering and treating services for natural gas produced from the Antrim Shale of northern Michigan and natural gas transportation within Michigan. The sellers are two privately... 

DCP Midstream Partners, Plains Exploration & Production, and Delta Petroleum to Expand Piceance Basin Gathering System for $150 Million

DCP Midstream Partners, LP, operator and 70 percent owner of Collbran Valley Gas Gathering, LLC (CVGG), today announced that CVGG has entered into definitive agreements to invest approximately $150 million over a multi-year period to construct approximately 20 miles of 24 inch diameter gathering pipeline, compression and liquids handling facilities... 

The Sterling Group, L.P. Completes the Sale of Hudson Products Holdings, Inc.

The Sterling Group, L.P., a middle-market private equity firm based in Houston, Texas, today announced that they have finalized the sale of Hudson Products Holdings, Inc. to Riverstone Holdings LLC. Since 1939, Hudson Products has designed and manufactured air-cooled heat exchanger equipment to serve the oil, gas, and petrochemical processing industries....