Gathering
Pipeline Planned To Connect Marcellus/Utica Gas Supply To Southeast
EQT Corp. and NextEra US Gas Assets, held a non-binding open season for the Mountain Valley Pipeline project which would connect Marcellus and Utica natural gas supply to markets in the Southeast. The companies signed a letter of intent to form a joint venture to construct and own the Mountain Valley Pipeline.
Sharing Challenges In The Eagle Ford Shale
Like most stories about Texas, the one that’s being written in the Eagle Ford shale is full of big dreams, big dollars, and big results. The play itself is huge, covering an area of 20,000 square miles, it spans 25 south-central Texas counties and is roughly the size of Croatia. Capital expenditures there by energy companies are sky-high, reaching $28 billion through the end of 2013, if predictions by global consultants Wood Mackenzie held true.
Shale Boom: Early 21st Century Industrial Growth Engine
“…the United States has become ‘a job magnet’ for manufacturing, which is really the first time in decades this has happened...” --Former U.S. Interior Secretary Ken Salazar
Douglas-Westwoods Outlook For UK And Norwegian North Sea Production
According to a Douglas-Westwood report, Western Europe will continue to rely on imported Russian gas into the 2020s as mature offshore provinces struggle for growth, while large-scale shale gas extraction looks increasingly unlikely in the medium term. Following Moscow’s intervention in Ukraine and the resulting strained diplomatic ties with the West, it is unclear if North Sea production can support any drop in gas flow from Russia.
North American Production Still Accelerating, ICF Says
An ICF report determined shipping oil overseas would spur the U.S. economy, lowering gasoline prices in the process.
Wet Gas Testing Using Custom Liquids, Magnetically Driven Centrifugal Pumps
Wet gas meter calibrations are usually done using natural gas, kerosene and water. Increasingly, gas producers are questioning a meter’s ability to measure wet gas entrained with the unique liquids found on platforms and wellheads (viscous hydrocarbons, paraffin based/high-wax liquids, sea water, brine solutions, MEG and other custom liquids).
Workforce Housing For Pipeliners, Planet And Profit
Well-organized workforce housing can be a valuable partner for companies pursuing their sustainable development goals, as well as a component of long-term profitability.
Global M&A Markets Appear Poised For Rebound
PLS Inc., a leading Houston-based research, transaction and advisory firm, in conjunction with its international partner Derrick Petroleum Services, reports global upstream oil and gas M&A activity for Q1 2014 of $40.7 billion spread across 192 transactions (including 133 with deal value disclosed).
Economist Schools Public And Industry On Vital Role Of Communication
While the energy industry’s share of the economy is on the upswing, the business is in many ways still a specialty field, with innumerable complex issues at play between companies, regulators and the public when it comes to development, conservation and jobs. Few people understand the interplay well enough to provide context to those not in the midst of it, and those in the middle can lose sight of the big picture. Bernard “Bud” Weinstein, Ph.D., is applying his considerable talents to bridging those gaps.
TGP Finalizes 790,000 Dth/d Precedent Agreement With Antero Resources
Kinder Morgan Energy Partners, L.P. announced that KMP’s Tennessee Gas Pipeline Company (TGP) has awarded Antero Resources 100% of the capacity offered in TGP’s binding open season for its proposed Broad Run Flexibility and Broad Run expansion projects.
What the Oil Boom Means And Doesnt Mean For Energy Security
When we graduated from the United States Naval Academy in 1968, the American oil industry was in the midst of a boom. Domestic crude production had increased every year for nearly a decade, and Texas was the world’s swing oil producer, providing our nation with important strategic flexibility.
Williams Partners Transco To Increase Natural Gas To NYC
Williams Partners’ Transco reported a key regulatory milestone on two related projects designed to increase natural gas delivery capacity to Brooklyn and Queens in time for next winter’s heating season.
Crestwood Exec Traces Progression From Mergers To Emergence As $9B Player In Midstream, Shale
As master limited partnerships (MLPs) come to dominate the midstream business, the people who helm them must understand not only the intricacies of gas and liquids extraction and transportation, but the financial methods and strategies that drive their firms’ investment and market success. One way to gain that knowledge is from a career path with plenty of unexpected turns.
Enable Midstream Partners To Gather Bakken Crude Oil Production
Enable Midstream Partners’ crude services subsidiary has entered into a long-term agreement with XTO Energy Inc., a subsidiary of ExxonMobil Corp., for XTO’s crude oil production through a system that will be constructed in North Dakota’s Bakken Shale.
IEA Economist: Shale Gale Will Result In 20 Years of U.S. Dominance
IEA Chief Economist Fatih Birol synthesized the agency’s 2013 World Energy Outlook and his own analysis to suggest that for the next 20 years, low energy costs caused by the early and plentiful development of shale gas and energy infrastructure will give the United States a large competitive advantage over other nations when it comes to attracting and developing business.
Mark West Completes 7 Major Projects In 4 Months
In recent months, MarkWest Energy Partners has commenced operations of seven major infrastructure projects in the Northeast, including five new cryogenic processing plants totaling 1 Bcf/d of capacity and two fractionation facilities totaling 98,000 bpd of C2+ fractionation capacity.
Study Estimates U.S. And Canadian Midstream Investments At $30 Billion Per Year
The U.S. and Canada will require annual average midstream natural gas, crude oil and natural gas liquids midstream infrastructure investment of nearly $30 billion per year, or $641 billion (real US$2012) total over the 22-year period from 2014 to 2035, a new study found.
Energy Transfer To Provide Midstream Services In Permian Basin
Energy Transfer Partners has entered into a long-term agreement with XTO Energy Inc., a subsidiary of Exxon Mobil Corp., to provide midstream services for natural gas produced from certain XTO wells in the Permian Basin.
BP: Global Energy Demand Growth Slowing, Despite Increases Driven By Emerging Economies
Global energy demand continues to grow but that growth is slowing and mainly driven by emerging economies - led by China and India - according to the BP Energy Outlook 2035.
Editor's Notebook: Don't Feed Them Cake
This is a story of how a boneheaded, albeit well-intentioned, PR decision destroyed years of image building in one fell swoop.
Crosstex To Build Pipeline In Permian Basin
The Crosstex Energy companies, Crosstex Energy, L.P. and Crosstex Energy, Inc., is continuing to expand its gas gathering and processing capabilities in the Permian Basin through a new long-term, fee-based agreement with a major oil and gas producer in the region.
Southcross Energy Begins Construction Of Eagle Ford Pipeline
Southcross Energy Partners, L.P. has begun construction of a 94-mile, 24-inch pipeline in the rich gas area of the Eagle Ford Shale in South Texas.
Economist Foresees Move Away From Shale Investment
A leading energy economist expects the shale boom to retreat somewhat amid weak returns on capital investments that are already causing investors to turn their attention offshore where “risks are more understood.”
Growth In Domestic Crude, Natural Gas Expected To Continue For Many Years
The U.S. Energy Information Administration's Annual Energy Outlook 2014 Reference case shows that recent growth in domestic crude oil and natural gas production is expected to continue for many years.
SEC Energy Expansion: Compression Growing With Energy Sector
As Houston-based SEC Energy Products & Services puts the finishing touches on a flurry of expansion activities that will double both its natural gas compression manufacturing and workforce in 2014, new President Tommy Stone sees the effort in fairly simple terms.
Eagle Ford Shale Will Continue To Contribute Significantly Toward Crude Oil Production
Production from the Eagle Ford Shale – an unconventional resource play – will continue to grow in 2014, fueling a reduction in net crude imports and driving exports of refined products in the U.S. to pre-1990 levels, says a report from research and consulting firm GlobalData.
EIA: Pennsylvania Dubbed Fastest-Growing Gas Producing State
From 2011 to 2012, Pennsylvania's marketed natural gas (which includes natural gas liquids) production grew by 72%, moving it from the seventh-largest to the third-largest marketed gas-producing state in the U.S., according to the Natural Gas Annual, 2012.
Energy Turning Ghost Towns To Boom Towns
During my annual hunting pilgrimage back home to northwestern North Dakota last fall, I was struck by the differing opinions about how the recent oil development activity has affected families and communities.
Feds: Oil from Dakota fields improperly classified
WASHINGTON (AP) — Government investigators have found crude oil being transported from North Dakota's Bakken region was misclassified in samples taken from 11 out of 18 truck shipments en route to rail loading stations, federal transportation officials said Tuesday.
Overview Of U.S. Oil, Gas Construction Boom
In 2008, about 60% of the crude oil produced in the United States came from one of three places: the Gulf of Mexico, Texas and Alaska. Domestic production was on the decline, having decreased about 2% annually on average since 1970. Imports from foreign nations filled the gap, bringing with them significant political and economic implications for the country.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
