Taman owns 8% interest in Technoton LLC, a Russian private company, which owns 100% of a license in the Azov-Kuban petroleum region of southwestern Russia.
Taas-Yuryakh Neftegazodobycha holds production licenses for the Srednebotuobinsk oil and gas condensate field, which is 160 kilometers north of the ESPO pipeline.
Sandridge Permian Trust announced a quarterly distribution for the three month period ended December 31, 2011 (which primarily relates to production attributable to the Trust’s interests from September 1, 2011 through November 30, 2011) of $29.1 million, or $0.553523 per unit.
MarkWest Energy Partners, L.P. announced expansion plans for the Marcellus and Utica shales that include more than 600 million cubic feet per day (MMcf/d) of additional processing capacity and 140,000 barrels per day (Bbl/d) of incremental fractionation capacity.
Hess Corporation reported a net loss of $131 million for the fourth quarter of 2011 compared with net income of $58 million for the fourth quarter of 2010.
TexCom, Inc., an environmental services company for the oil and gas industry, today announced that its new liquid disposal site, owned and operated by its wholly owned subsidiary Eagle Ford Environmental Services, LLC (EFES), is now open for business
Abanaki Corporation announced that several models in its industrial oil skimmer line are helping natural gas drillers to be environmentally responsible concerning the cleaning and disposal of fracking wastewater.