Pipeline
Marathon Boosts Production From Bakken
Marathon Oil Corp. is raising its production forecasts for its North Dakota's Bakken Shale operations. It expects production in the Bakken to average 27,500 boe/d this year, up from 24,000 bbls in December.
Shale-Related Midstream Infrastructure: Where the Action Is!
In the winter of 2012 a mostly snowless and relatively warm Bakken Shale play in northwest North Dakota was trucking about 70% of its oil supplies in the gathering and processing phase as production continued at an all-time record clip averaging 546,000 bpd in January. New midstream infrastructure construction was limited to intrastate shipments within an under-developed gathering and processing system.
Report Says Utica Shale Worth $5 Billion To Ohio Economy
The Utica Shale could be responsible for 65,000 jobs and as much as $5 billion in growth for Ohio by 2014, according to a study released by the Ohio Shale Gas Coalition.
Crestwood To Acquire Antero Resources Marcellus Gathering Assets
Crestwood Holdings will acquire certain of Antero’s Marcellus Shale gathering system assets located in Harrison and Doddridge counties, West Virginia for $375 million in cash.
Kinder Morgan Invests In Haynesville And Eagle Ford Shale
Kinder Morgan Energy Partners will pay $855 million to Petrohawk Energy Corp. and assume $65 million in debt for Petrohawk's 50% interest in KinderHawk Field Services.
Enbridge Plans International And Domestic Pipelines
A new oil pipeline with potential capacity of up to 400,000 bpd linking Colombia's Llanos basin to the Pacific coast could be operational by the end of 2016, according to Rigzone.
Enterprise To Construct NGL Fractionators; Expands Eagle Ford Midstream Network
Enterprise Products Partners L.P. plans to construct two more NGL fractionators at its Mont Belvieu, TX complex to provide 150,000 bpd of incremental fractionation capacity.
ONEOK Plans $1.8 Billion Crude Line, $160 Million Gas Gathering System
ONEOK Partners L.P. plans to invest $1.5 -1.8 billion through 2015 to build a 1,300-mile crude oil pipeline with the capacity to transport 200,000 bpd.
NGT&Ss Midstream Services Announce Major Investment In Ohio Utica Shale
NiSource Gas Transmission and Storage’s Midstream Services announced a major midstream initiative in the Utica play in eastern Ohio.
Williams Partners Acquiring Footholds In Marcellus Liquids, Utica Shale
Williams Partners announced March 19 that it will acquire Caiman Eastern Midstream LLC in the natural gas liquids-rich portion of the Marcellus Shale for approximately $2.5 billion.
Boardwalk Announces South Texas Eagle Ford Expansion
Boardwalk Pipeline Partners’ subsidiary, Boardwalk Field Services, LLC, will expand its gathering system and construct a cryogenic gas processing plant to serve producers in the Eagle Ford Shale.
Jobs Creation: Does The Gas Industry Really Matter?
<em>“At a time when national economic and employment indictors are uncertain at best, shale gas producers and their vast and dynamic supply chain are providing families and communities jobs and economic development. The Marcellus Shale is a case study in the transformative impact of the natural gas industry.” --Kathryn Klaber, President, Marcellus Shale Coalition </em> Before 2010 no one would use the word “transformative” to characterize the natural gas industry. And in the wake of the 2008 global financial meltdown, no one would have viewed natural gas as the fuel for national economic recovery. Nevertheless, in this presidential election year, both jobs and the gas industry should be on everyone’s radar.
Shale Gas Estimates Decline Sharply In EIA Report
The Energy Information Administration (EIA) has released a report showing drastically lower estimates of natural gas resources in the U.S. The agency estimated there are 482 Tcf of shale gas in the U.S., a decrease of more than 40%. The report also estimated the Marcellus region of New York, Ohio, Pennsylvania and West Virginia contained only 141 Tcf of gas. This is a decrease of 66% from earlier estimates of 410 Tcf.
DCP Midstream Expands West Texas Connections
DCP Midstream LLC announced Feb. 28 that DCP Sand Hills Pipeline LLC has purchased approximately 60 miles of existing 20-inch pipeline in Andrews and Ector counties in West Texas from Odessa Fuels LLC.
Total Makes $2.3 Billion Investment In U.S. Shale Gas
French oil group Total SA is paying $2.3 billion to help develop U.S. shale gas reserves in Ohio through a deal with Chesapeake Energy Corp. Total will take a 25%t stake in a joint venture covering the Utica Shale area of eastern Ohio.
China Petroleum Corp. Acquires Big Stake In U.S. Fields
China Petrochemical Corp. (Sinopec) has made a multibillion-dollar deal with Devon Energy Corp. for a one-third stake in five U.S. shale oil and gas fields.
Lucas Energy Acquires Eagle Ford Trend Acreage From Hall Phoenix Energy For $6.4 Million
Lucas Energy, Inc., an independent oil and gas company, has closed a purchase and sale transaction with Hall Phoenix Energy, LLC for all of Hall Phoenix's right, title and interest in certain oil, gas, and mineral leases in the Eagle Ford/Eaglebine/Austin Chalk Trend. The properties are located in Wilson, Leon and Madison counties in Texas.
Oil & Gas Activities Pay Double Dividend In Manpower Growth And Local Economics
U.S. oil and gas exploration and production have a primary goal of increased fuel supplies. But they have an additional benefit almost as good as the first – job creation and increased economic growth in the area. The new and increased liquids and gas production coming from the development of shale reservoirs have not only been a boon in energy resources but have immensely helped the economy in job growth and economic benefits to regions, including business and government.
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?
Regency JV To Build West Texas Gas Processing Plant
Regency Energy Partners LP will build a processing facility in Ward County, TX to process natural gas delivered from the Bone Spring and Avalon Shale formations.
Enbridge Wins Bakken Pipeine Project Approval
Canada’s National Energy Board (NEB) has approved the Bakken Pipeline Project Canada application submitted by Enbridge Bakken Pipeline Company Inc., on behalf of Enbridge Bakken Pipeline Limited Partnership.
US Infrastructure Acquires Wildcat Sabine Natural Gas Gathering System
US Infrastructure Holdings, LLC will acquire the Wildcat Sabine Gathering System located in the Bossier-Haynesville Shale.
Midstream Announces Major Expansion In Delaware Basin
Houston-based Nuevo Midstream, LLC plans to significantly increase processing and treating capacity at its Ramsey plant site in the Delaware Basin near Orla, TX. Nuevo has bought a cryogenic processing plant with capacity of 100 MMcf/d and a second amine treating plant with a capacity of 475 gallons per minute (gpm).
2012 Worldwide Pipeline Construction Report
<em>P&GJ</em>’s worldwide survey figures indicate that 118,623 miles of pipelines are planned and under construction. Of these, 88,976 represent projects in the planning and design phase; 29,647 miles reflect pipelines in various stages of construction.
Mastering Construction Challenges In The Sahara Desert
The challenges and complexities of building oil and gas infrastructure in a remote and inhospitable part of the Sahara Desert are adding to the stores of knowledge possessed by ABB engineers and technicians.
Cardinal Gas Storage Partners Plans Natural Gas Storage Facility Near Perryville/Delhi Hub
Cardinal Gas Storage Partners LLC said its wholly owned interstate natural gas storage subsidiary, Cadeville Gas Storage LLC, has executed a ten-year Precedent Agreement with Shell Energy North America, L.P. to construct a depleted reservoir storage facility in Ouachita Parish, LA near the Perryville/Delhi Hub in northeast Louisiana.
EQT Plans MLP For Interstate Natural Gas Transmission Business
EQT Corp. will file a registration statement with the Securities and Exchange Commission for an initial public offering of common units of a master limited partnership that would own portions of the assets of Equitrans, L.P., EQT’s interstate pipeline subsidiary.
Energy Spectrum Selling Eagle Ford Assets to Plains All American
Energy Spectrum Partners V LP is selling its interests in Velocity South Texas Gathering, LLC, a subsidiary of Velocity Midstream Partners, LLC, to Plains All American Pipeline, LP.
Koch Well Prepared For Eagle Ford Activity
The Eagle Ford Shale play in South Texas is not just hot, it’s sizzling these days. A number of oil companies last year discovered huge pools of oil and gas in the region, which stretches across 24 counties. Until the Bakken play in the upper Midwest takes hold, many experts are saying that not only was the Eagle Ford the hottest oil play in the U.S. for 2011, but it’s likely just getting started.
Shale gas pipeline costs triple
Ziff Energy released a report last summer analyzing the pipeline infrastructure costs on 120 new gas pipeline projects in the Marcellus, Eagle Ford, Haynesville, Barnett, Woodford, Fayetteville and Horn River shale gas regions over the past decade.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- Another Major U.S. Oil Refinery Shutting Down as Lyondell Confirms Houston Closure
- Chevron CEO Wirth Under Fire as Hess Deal Delay Drags Down Stock Performance
