Marcellus
Summer Gas Prices in the Northeast: Why So Low? Why So Unpredictable?
As summer approaches, there are two things to know about natural gas prices in the New York/New England area. First, it is a difficult time to predict gas price movements in the Northeast. But in general, prices are down – and are likely to stay that way for this summer. It’s hard to predict prices because there are a lot of new and unpredictable supply-and-demand dynamics across the country that are particularly pronounced in the Northeast. For instance, the explosion of shale gas production in the Marcellus and Utica shale regions.
Sunoco Logistics Plans Pipeline to Marcus Hook
Sunoco Logistics Partners announced June 4 plans to build an additional pipeline to deliver Marcellus Shale products to Marcus Hook, reflecting a growing market for liquid fuels derived from the region's shale drilling. <em>The Philadelphia Inquirer reported</em> Sunoco Logistics said it intends to build two pipelines simultaneously as part of its Mariner East 2 project. The project, announced in November, is the second phase of a plan to move materials including propane, butane, and ethane from Appalachian shale-gas fields to the Marcus Hook Industrial Complex southwest of Philadelphia.
Energy Transfer Partners Building 100 Miles of Rich Gas Pipeline
Energy Transfer Partners has entered into long-term gas gathering, processing, and fractionation agreements with EdgeMarc Energy. To facilitate these agreements, ETP has purchased 20 miles of high-pressure pipeline from EdgeMarc and will build a new cryogenic gas processing plant, a new fractionator and additional gas gathering pipelines.
Transco Seeks Regulatory Approval for Dalton Expansion Project
Williams announced that Transco has filed an application with FERC for its Dalton Expansion project, which would support providing Marcellus gas to the Southeast for electricity generation and local natural gas distribution.
Notebook: Hey, Gov. Cuomo, Fracking Ban Not Working For Rest of State
Gov. Andrew Cuomo: Get your butt out of Albany and go see how the rest of your state lives. Or you might not have much of a state left. One memory that stands out from my 1970s tenure as a reporter in New York’s Southern Tier is that of an economy stuck in reverse. Broome County centers around Binghamton, a city of 47,000 that has lost nearly half its population since the 1950s.
XTO Proves Unconventional Growth Machine for ExxonMobil
In summer 2011, executives at super-major ExxonMobil were telling financial analysts during a quarterly earnings conference call about an amazing 70% boost in a year’s time of the energy giant’s unconventional natural gas-weighted portfolio to 76 Tcfe. The reason was simple, according to David Rosenthal, the current controller at ExxonMobil and at the time its investor relations chief. He summed it up in three letters, X-T-O.
Ohio River Valley Plans Condensate Pipeline In Ohio
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.
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.
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.
Marcellus Influencing Shifts In Pipeline Activity
Vast production growth in the northeastern United States is significantly altering the pipeline flow throughout much of the continent, according to a recent Moody’s Investors Service report.
Williams Suspends Funding For Bluegrass Pipeline
Williams has suspended capital investments in the Bluegrass Pipeline, a proposed NGL project, primarily in response to an insufficient number of firm customer commitments.
MarkWest Energy To Expand Processing Capacity In Marcellus Shale
MarkWest Energy Partners, L.P. plans an expansion of its rich-gas processing capacity in the Marcellus Shale.
Industry Leaders Predict Robust Pipeline Construction Market In Years Ahead
North America’s energy revolution is alive and well! That was the message at Pipeline & Gas Journal’s 10th annual Pipeline Opportunities Conference March 25 at the George R. Brown Convention Center in Houston. Issues covered included quality control for gas pipeline construction, the Pipeline Safety Act, prospects for infrastructure expansions to support new supply sources, the outlook for labor and employment and the benefits of working in an energy state like Texas.
Summit Build Out Brings Natural Gas To Underserved Maine
In February, when Summit Natural Gas of Maine began providing natural gas to Gardiner businesses and residents who until then had relied on propane or heating oil, it was only part of a much bigger story.
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.
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.
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.
The Name Of The Game Is Still Pipelines
Tonight I’d like to cover several topics important to all of us. Projections for increased production of natural gas and crude oil, transportation of said commodities to the marketplace, climate change and politics.
U.S. Northeast Natural Gas Inflow Decreases As Production Rises
Natural gas production in the northeastern United States rose from 2.1 Bcf/d in 2008 to 12.3 Bcf/d in 2013. This trend has reduced the cost and increased the supply of natural gas in the Northeast.
P&GJs 2014 Worldwide Construction Report
P&GJ’s 2014 survey figures show 109,066 miles of pipelines are planned or under construction worldwide. Of these, 73,934 are in the planning and design phase, while 35,132 are in various stages of construction.
Iroquois Holds So-Ho Open Season
Iroquois Gas Transmission System, L.P. held a non-binding open season for its South-to-North (SoNo) project which would allow shippers the opportunity to deliver natural gas as far north as TransCanada Pipelines at Waddington, NY.
Volvo CE Positions Itself For North American Market
In today’s fast-paced business world, there is a certain class of individuals who seem capable of running nearly any type of company. They combine academic prowess, problem-solving and people skills to a level few others achieve. Whether that unique skill set is recognized is often another question.
Report Offers A Timely Perspective On Natural Gas
Recently the Center for Climate and Energy Solutions (“C2ES”) released a comprehensive report entitled “Leveraging Natural Gas To Reduce Greenhouse Gas Emissions” that lays out in a thoughtful manner the promising future of natural gas. Its timeliness, coming as the shale revolution continues to build in the United States and which President Obama made a centerpiece of his Climate Action Plan (CAP), make this document essential reading.
Family-Owned Sunland As Diversified As Construction Companies Get
You might say Craig Meier started at the ground level on the road to becoming president of Sunland Construction, Inc., working as a roustabout for several small contractors, while earning his mechanical engineering degree from the University of Oklahoma.
Global Implications Of Shale Development
As we watch the development of natural gas from the Marcellus Shale in the Northeast, the implications are both obvious and subtle at the same time. The economic outcomes are measureable at the local level with new business opportunities for established shop owners as energy companies and their many contractors make a concerted effort to source goods and services within host communities.
U.S. Shale Development Points To Far-Reaching Effect Worldwide
Ten years after the shale revolution first took off in the North Texas Barnett Shale formation, large-scale shale development primarily remains a phenomenon unique to the United States.
MSC Unleashes Safety Report On Pipeline Boring Practices
The Marcellus Shale Coalition (MSC) released “Recommended Practices for Pipeline Boring,” the seventh in a series of content-rich guidance documents developed by the coalition’s various subject-specific committees.
Charlie Joyce: Born And Raised To Be A Pipeliner
The hallmark of the pipeline business has always been symbolized by the handshake. Never has there been a better example of this tradition than with Charlie Joyce and his family, owners of Otis Eastern Service, Inc., in Wellsville, NY.
WGL Holdings Invests In Constitution Pipeline
WGL Holdings Inc., through its subsidiary, Capitol Energy Ventures (CEV) Corp., announced an equity investment of $68 million in Constitution Pipeline Co. LLC.
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.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- U.S. House Passes Bill to Reverse Biden's LNG Pause
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- 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
- U.S. Regulators Approve Mexico Pacific LNG's Saguaro Connector Pipeline
- 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
