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February 13, 2016 2:30 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Penn Virginia Oil & Gas, L.P.

Company Overview

Penn Virginia Oil & Gas, L.P. engages in production and distribution of crude oil and natural gas. The company was incorporated in 2004 and is based in Houston, Texas. Penn Virginia Oil & Gas, L.P. operates as a subsidiary of Penn Virginia Corporation.

840 Gessner

Suite 800

Houston, TX 77024

United States

Founded in 2004





Key Executives for Penn Virginia Oil & Gas, L.P.

Penn Virginia Oil & Gas, L.P. does not have any Key Executives recorded.

Penn Virginia Oil & Gas, L.P. Key Developments

Penn Virginia Oil & Gas, L.P. and Republic Midstream, LLC Enters into an Amended and Restated Construction and Field Gathering Agreement Replacing the Original Gathering Agreement

As previously reported, on July 30, 2014, Penn Virginia Corporation, through its indirect wholly owned subsidiary, Penn Virginia Oil & Gas, L.P. (PVOG), entered into a Construction and Field Gathering Agreement with Republic Midstream, LLC (Republic). Pursuant to the Original Gathering Agreement, Republic agreed to construct, own and operate a crude oil gathering system in portions of Fayette, Gonzales and Lavaca Counties, Texas. PVOG agreed to dedicate to the Gathering System, and Republic agreed to receive and gather, all of PVOG’s crude oil production in the Area. PVOG’s crude oil would be delivered to a central delivery point in Lavaca County, Texas (the CDP) to be constructed, owned and operated by Republic. Republic would provide storage, batching and blending services to PVOG at the CDP. On September 24, 2015, PVOG and Republic entered into an Amended and Restated Construction and Field Gathering Agreement replacing the Original Gathering Agreement. The Amended Gathering Agreement: reduces the number of wells that are initially required to be connected to the Gathering System, decreases the top gathering fee from $2.00 to $1.75 per barrel and requires Republic to truck volumes from wells not connected to the Gathering System that were originally required to be connected to the Gathering System.

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Recent Private Companies Transactions

July 15, 2015
Penn Virginia Oil & Gas, L.P., Oil and Gas Assets located in East Texas and North Louisiana

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