Gathering
California Dreaming? Could The Monterey Be Road To Oil Future?
“I think there is lots of opportunity. It is whether or not the economics can line up with the technology to get it out of the ground.” <em>– oil executive in Bakersfield</em> Between federal numbers crunchers, and a university and think tank-based report that surfaced earlier this year, California’s venerable Monterey Shale is stirring renewed dreams of California gold – black gold in the form of heavy crude.
Crosstex Holds Open Season For NGL Pipeline Project
NGL Pipeline, L.P., an affiliate of Crosstex Energy companies, held a binding open season for volume commitments for interstate common carrier transportation service on the proposed Crosstex NGL Pipeline that will transport unfractionated NGLs produced in the Permian Basin, Barnett Shale, Eagle Ford Shale and other areas from the Mont Belvieu area to NGL fractionation facilities in Acadia and Ascension parishes, LA for one year and to NGL fractionation facilities in Acadia and Iberville parishes thereafter.
Crestwood, Inergy Merge To Form $7 Billion Midstream JV
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.
Koch Pipeline Launches Bakken Pipeline Project Non-Binding Open Season
Koch Pipeline Company, L.P. has announced that it will conduct Phase I of an open season for the Dakota Express Pipeline, a proposed pipeline to transport Bakken crude oil from western North Dakota to Hartford, IL and Patoka, IL.
Feds see twofold jump in Bakken, Three Forks oil, gas resources
The United States Geological Survey (USGS) has released an updated oil and gas resource assessment for the Bakken Formation and a new assessment for the Three Forks Formation in North Dakota, South Dakota and Montana, showing the formations contain an estimated mean of 7.4 Bbbl of undiscovered, technically recoverable oil.
Shale Plays Should See Added Capacity Next 2 Years
While the federal Energy Information Administration (EIA) may have first logged shale gas development and production as far back as the mid-1990s, it has only been in recent years that shale plays have become universally recognized as a game-changer for the energy industry.
Atlas Energy Buys Eagle Ford Midstream Business For $1 Billion
Atlas Energy LP’s midstream subsidiary, Atlas Pipeline Partners (APL) LP, has a definitive agreement to acquire 100% of the equity interests of TEAK Midstream LLC for $1 billion.
Construction Starts On Pioneer Project
Dakota Plains Holdings Inc. and joint venture partner, Petroleum Transport Solutions LLC, an indirect wholly owned subsidiary of World Fuel Services Corp., report construction is underway for the Pioneer Project.
MarkWest To Provide Midstream Services In Utica Shale
MarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and The Energy and Minerals Group, has agreements with PDC Energy Inc. to provide gathering, processing, fractionation, and marketing services in the Utica Shale in Ohio.
Chesapeake Awards Contract For Eagle Ford Production Facility
Strategy Engineering & Consulting LLC was awarded a contract by Chesapeake Energy to design a Central Production Facility (CPF) in the Eagle Ford Shale.
Crude Oil/Frac Sand Terminal Planned In New Mexico
Rangeland Energy expects to invest more than $150 million in a terminal and supporting infrastructure in Loving, NM. The company has contracts to purchase 770 acres near Loving and plans to begin development of a terminal facility capable of handling crude oil, frac sand, pipe and other products.
Continental Resources Bakken Crude Supply Agreement
Continental Resources Inc. has agreed to supply PBF with Bakken crude oil, which will be delivered by rail to PBF’s double-loop track at its refinery in Delaware City, DE.
North America: An Energy Rocket Ship If Mexico Gets Aboard
A panel discussion was recently waged by a Canadian, an American and a Mexican talking about North America’s energy future as the new Middle East for the rest of the world. Hyperbole was cheap, but chances of the provocative scenario becoming a reality ride squarely on the shoulders of Mexico. And everyone was OK with this.
Investment and Production Reach New Highs In Eagle Ford, Pipelines Lag Behind
The Eagle Ford Shale, stretching from the mid-south of Texas just shy of Corpus Christi north nearly to San Antonio and west to the Mexican border, continues to attract massive investments from energy companies. It’s not hard to see why. The play contains economically recoverable light crude oil and natural gas liquids in high proportion to currently low-priced gas.
Environmental Groups Challenges To Natural Gas Infrastructure Projects
Without question, the growing abundance of natural gas and the hydraulic fracturing process that has made it available have been a “game changer” for the energy industry - and have generated increased ire from the environmental community.
Crude Oil Trans-loading Terminal Planned In Powder River Basin
Enserco Midstream, LLC, a subsidiary of Twin Eagle Resource Management, LLC, plans to build and operate a crude oil trans-loading terminal to serve producers in the Niobrara and Bakken Shale formations and Canada.
Regency Energy Partners Expands Footprint In Permian Basin
Regency Energy Partners L.P. will acquire Southern Union Gathering Co. LLC, the owner of Southern Union Gas Services Ltd. (SUGS), from Southern Union Co., a jointly owned affiliate of Energy Transfer Equity L.P. and Energy Transfer Partners L.P. The $1.5 billion acquisition will significantly expand Regency’s presence the Permian Basin.
UGI, Tenaska Resources Sign Marcellus Shale Development Agreements
UGI Corp. has entered into agreements with Tenaska Resources LLC to jointly develop gas resources in the Marcellus Shale region in north-central Pennsylvania.
Southcross Completes Bee Line Pipeline
Southcross Energy Partners, L.P. has completed its 57-mile, 20-inch Bee Line pipeline that will transport liquids rich gas from the central Eagle Ford Shale to Southcross’ Woodsboro and Bonnie View processing and fractionation complex in Refurio County. The pipeline has capacity of 320 MMcf/d.
Crosstex Energy Consortium Creates E2 To Serve Utica Shale
The Crosstex Energy companies, Crosstex Energy L.P. and Crosstex Energy Inc., joined with the former management of Enerven Compression Services to form a new company (E2) that will provide services for producers in the liquids-rich window of the Utica Shale.
Editor's Notebook: Setting Standards
Some important news broke March 20 likely to have major implications for the oil and gas industry going forward. In Pittsburgh, which has become the business hub for the Marcellus Shale, a consortium of environmental organizations, energy companies and philanthropic foundations have formed the Center for Sustainable Shale Development (CSSD). The goal is to provide producers with certification of performance standards for shale development.
Williams/Boardwalk JV To Develop NGL Pipeline
Williams and Boardwalk Pipeline Partners have formed a joint venture to develop a pipeline to transport NGLs from the infrastructure-constrained Marcellus and Utica Shale plays to the rapidly expanding petrochemical and export complex on the U.S. Gulf Coast as well as the developing petrochemical market in the Northeast.
‘Perfect Storm’ Shines Light For More Infrastructure In New England
With what could be viewed ominously as the perfect storm bringing a much rougher winter than last year’s to New England, concerns about the need for additional natural gas infrastructure in the region have once again been dramatically underscored.
MarkWest Utica EMG, Rex Energy To Develop Midstream Infrastructure In Utica Shale
MarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and The Energy and Minerals Group (EMG), announced definitive agreements with Rex Energy Corp. to provide gathering, processing, fractionation, and marketing services in the Utica Shale.
Completing A Challenging Directional Drill In The Marcellus Shale
Your geologists found natural gas hiding thousands of feet underground. Your legal team negotiated rights of way with landowners. Your drilling team went down a mile or so, made a horizontal turn and “fracked” the shale bed, releasing the gas. Your well is producing. So now what?
DCP Consortium To Build Eagle Ford Gas Processing Plant
DCP Midstream LLC and DCP Midstream Partners LP announced construction of a cryogenic plant that will serve growing demand from producers in the liquids-rich Eagle Ford Shale.
Crestwood Acquires Marcellus Compression Assets
Crestwood Midstream Partners LP, as operator and 35% owner of Crestwood Marcellus Midstream LLC, announced an agreement by CMM to acquire natural gas compression and dehydration assets from Enerven Compression, LLC for $95 million.
Genesee & Wyoming To Serve Utica NGL Fractionation Hub
Genesee & Wyoming Inc. said its wholly owned subsidiary, The Columbus & Ohio River Rail Road Co. (CUOH), has signed a long-term agreement to serve the $900 million natural gas liquids fractionation hub being constructed in Scio, OH by Utica East Ohio Midstream LLC.
DCP Midstream To Construct Plant To Serve Eagle Ford Producers
DCP Midstream LLC and DCP Midstream Partners LP announced construction of a cryogenic plant in Goliad, TX that will serve growing demand from producers in the liquids-rich Eagle Ford shale.
Profiles in Courage: Why Shale Oil & Gas Will Lead To Another American Revolution
The transformation potential of shale oil and gas to the American energy, manufacturing, chemical, and pipeline industries is nothing short of revolutionary. As part of this revolution, the U.S. can form a competitive advantage versus other global economies lasting for the next generation… if government leaders and entrepreneurs demonstrate the courage necessary to tread this path.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Williams Delays Louisiana Pipeline Project Amid Dispute with Competitor Energy Transfer
- Evacuation Technologies to Reduce Methane Releases During Pigging
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Russian LNG Unfazed By U.S. Sanctions
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
