SemGas LP has signed an agreement with Eagle Energy Co. to gather and process natural gas from its dedicated acreage in Region 1 of the Anadarko Basin in northern Oklahoma, the Tulsa-based SemGroup Corp. The agreement includes the installation of a 30 MMcf/d cryogenic plant in Hopeton, OK facility to support Eagle’s drilling activities into the Mississippi and Hunton geological formations. SemGas will continue to support Eagle’s drilling activity from its Nash, OK facility with further expansion capabilities available as needed, the company said. Founded in 2009, Eagle focuses on acquiring and drilling properties in the Mid-Continent. Its primary activity focuses on horizontal drilling in the Mississippian formation, where it has a leasehold position exceeding 50,000 acres and production weighted 60% oil. Eagle also has more than 50,00 net acres (primarily gas) in the Hunton Lime and Woodford Shale resource plays.

The Bonneville Power Administration (BPA) hit a record level of wind-generated power on its system at 3,000 MW on Feb. 22. At the same time BPA officials said the pace of growth in wind-generated electricity in its region is growing “at an astonishing pace.” The peak just two years ago was 1,500 MW, said BPA Senior Vice President Brian Silverstein, adding that keeping up with wind and its variability was becoming an increasing challenge. BPA now expects to have 5,000 to 6,000 MW of wind-generated power on its system by 2013, meaning it needs to find more backup power, and most of those volumes are expected to come from gas-fired generation, BPA has said.

©Copyright 2011Intelligence Press Inc. All rights reserved. The preceding news reportmay not be republished or redistributed, in whole or in part, in anyform, without prior written consent of Intelligence Press, Inc.