shale

Ohio River Valley Pipeline, LLC, an affiliate of the EnLink Midstream companies, EnLink Midstream Partners, LP and EnLink Midstream, LLC (the general partner), held a binding open season for volume commitments for interstate common carrier transportation service on the ORV Condensate Pipeline.

I hope the industry is paying attention to some regionalized developments that could hamper activity, at least in the short term.

Tall Oak Midstream, LLC has early natural gas gathering operations underway on the Tall Oak STACK System. The gathering and processing system will serve producers in Oklahoma’s STACK play. STACK is an acronym for the Sooner Trend, Anadarko Basin and Oklahoma’s Canadian and Kingfisher counties. It is northwest of Oklahoma City and targets the Woodford and Mississippian-age shales.

In November, President Obama and Chinese President Xi Jinping surprised the world by agreeing in principle to targets for carbon dioxide emissions in a symbolic effort to address climate change. This is a pact of historic magnitude that recognizes a need for the world’s two largest emitters – both longstanding antagonists – to reduce future release of greenhouse gas. But aside from a handshake and a promise, what will actually come from this mutual recognition?

A federal approval for construction of a major natural gas pipeline that will ship supplies from the Marcellus to underserved New England and the Northeast markets closed out 2014 with a reminder to the industry of good things to come.

Sacagawea Pipeline Company, an affiliate of Paradigm Energy Partners, completed an extended open season on Dec. 15. As planned, the pipeline will deliver crude oil from various points south of Lake Sacagawea in and around Johnson’s Corner and Keene, in McKenzie County, ND to destinations with takeaway options for both rail and pipe in Palermo and Stanley, ND.

As the 2014 mid-term elections faded from view, one cogent footnote of the political power change was the significant shift in the money and manner of spending it in the national environmental movement. Even some of their harshest critics were noting a higher level of professionalism and use of legitimate spokespersons as they attempted to spend their growing cash infusion more strategically.

The six world powers - China, France, Russia, the United States, the United Kingdom and Germany - are continuing efforts to persuade a reluctant Iran to scale back its nuclear program with hopes the long-time standoff can be settled.

A study has pinpointed the likely source of most natural gas contamination in drinking-water wells associated with hydraulic fracturing, and it’s not the source many people may have feared. What’s more, the problem may be fixable: improved construction standards for cement well linings and casings at hydraulic fracturing sites.

When global business consulting giant Accenture finished a recent treatise on shale oil and natural gas development, it identified eight key factors needed to make exploitation of shale viable, and the first three are found in abundance in successful U.S. shale plays from North Dakota’s Bakken to Texas’ Eagle Ford. They are geology, land considerations and the existence of an unconventional energy resource service sector.

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