Joe Fisher

Southcross Energy Partners LP has acquired about 50 miles of natural gas pipelines near Corpus Christi, TX, along with related contracts, for about $40 million in cash from Onyx Midstream LP and Onyx Pipeline Co. The pipelines, which range from 12 inches to 24 inches in diameter, transport natural gas to two power plants in Nueces County, TX, under fixed-fee contracts that extend through 2029. Volumes moved through the pipelines averaged 97 MMcf/d during 2013.

As Sanchez Energy Corp. prepares to drill its first well in the Tuscaloosa Marine Shale (TMS), executives are hoping it will do more than just add to the delineation of the play; they’re expecting it to make money.

Energy Transfer Partners LP is holding a binding open season for crude oil pipeline transportation capacity from multiple points of receipt in North Dakota to various Midwest and Gulf Coast refineries and terminals, including Sunoco Logistics Partners LP’s crude oil terminal in Nederland, TX. The open season begins Wednesday (March 12) when more information will be available on the Energy Transfer website.

Magnolia LNG LLC has been granted a second authorization to export liquefied domestic natural gas to free trade agreement (FTA) countries from its planned terminal near Lake Charles, LA, the U.S. Department of Energy (DOE) said in a Wednesday order.

Spot natural gas for Friday delivery continued to work lower in Thursday’s trading as the market was pressured by myriad forces. New England recorded the biggest drops as a warming trend was expected to bring Boston to above normal temperatures by the weekend, and the West Coast softened as the Pacific Northwest hydro situation improved.

Drilling and completion technology advances are powering North America’s natural gas supply growth, but down the value chain near the burner tip, the gas industry is burdened by outdated regulatory policies and needs new technology and innovation to capitalize on gas supply, speakers said at IHS CERAWeek in Houston Wednesday.

The United States has climbed in the rankings of the world’s most energy secure countries, according to a ranking compiled by the U.S. Chamber of Commerce Institute for 21st Century Energy.

Lucid Energy Group LLChas finalized a $200 million revolving credit facility that will support growth in the Permian Basin. Together with private equity commitments from EnCap Flatrock Midstream and management, the credit facility provides Lucid with $425 million in available financing. Lucid increased its capital sources to support expansion of its pipeline gathering system and natural gas processing facilities in West Texas, which serve production from the Midland Basin’s Wolfcamp and Cline shales. Lucid’s system includes more than 300 miles of high- and low-pressure pipeline delivering liquids-rich natural gas to two separate cryogenic processing complexes in Sterling and Irion counties. The company has commissioned a third cryogenic processing plant and a nitrogen rejection plant in Sterling County. The new plant will bring Lucid’s processing capacity to 120 MMcf/d. Acreage dedications to Lucid exceed 800,000 acres across an eight-county area of the Midland Basin and include Wolfcamp Shale production centered in Irion, Reagan and Crockett counties and Cline Shale production centered in Sterling County.

The U.S. Department of Energy (DOE) has granted ConocoPhillips Alaska Natural Gas Corp. (CPANGC) authorization to export liquefied natural gas (LNG) from its facility on the Kenai Peninsula to countries that are parties to free trade agreements (FTA) with the United States.