Proved reserves of natural gas in the United States finished at 388.8 Tcf in 2014, setting a record high for the second consecutive year, the Energy Information Administration (EIA) said in a report published Monday.
Articles from 2014
Sunoco Logistics Partners’ Sunoco Pipeline is holding a binding open season for its Granite Wash Extension pipeline to provide crude oil takeaway capacity for growing production from the Granite Wash Shale in the northeastern Texas Panhandle and portions of western Oklahoma. The pipeline would originate in Wheeler County, TX, and terminate in Ringgold, TX, where it would interconnect with an existing Sunoco Logistics pipeline with the ability to provide transportation to Corsicana, TX. From Corsicana, access to multiple Sunoco Logistics and third-party pipelines would provide producers the ability to reach various markets and refineries on the Gulf Coast and in the Midcontinent. The partnership would lay 200 miles of new pipeline and construct pump stations, tankage and truck unloading facilities. The Granite Wash Extension is anticipated to have an initial capacity of 70,000 b/d to Ringgold and is expected to be operational in the fourth quarter of 2014.
EPA Plans Rule on Reporting of Fracking Chemicals
The Environmental Protection Administration (EPA) Thursday said it plans to develop a proposed rule requiring companies who make chemical substances and mixtures used in hydraulic fracturing (fracking) to report data on the chemicals.
Higher NatGas Prices Lift Fayetteville Shale Country Taxes
Arkansas’ gross revenue from natural gas severance taxes so far this year is trending higher than during 2011, which turned out to be a record year for gas severance tax revenue in the Natural State.
Ohio Governor Revives Severance Tax Proposal
In an effort to revive his plan to levy new severance taxes on hydraulic fracturing (fracking) and natural gas liquids (NGL), Ohio Gov. John Kasich has proposed giving 25% of the tax proceeds to 33 counties in the state’s Appalachian region, home to Ohio’s Utica Shale drilling.
Summit Midstream Spends $460M on Bakken, Marcellus Gathering
Dallas-based Summit Midstream Partners LP (SMLP) is buying two shale gas gathering systems — one in the Bakken and the other in the Marcellus — in two deals worth a combined $460 million. The Marcellus transaction marks the company’s entry into the play.
CN, Canada’s national railway, said it plans to accelerate work on a US$33 million project to upgrade a 74-mile section of the Whitehall Subdivision line in Wisconsin. The upgrade between the towns of Wisconsin Rapids and Blair would allow increased car-loading capacity and train velocity for hydraulic fracture (frack) sand suppliers Badger Mining Corp., Preferred Sands of Wisconsin LLC, Atlas Resin Proppants LLC and Taylor Frac LLC. After the upgrade, CN would be able to transport heavier freight cars loaded with frack sand, up to a maximum of 286,000 pounds. CN, which began the work in 2012, plans to complete the project by December 2014, a year ahead of time.
California OKs $100M to Expand Clean Transportation Fuel Transition
California on Wednesday outlined an expanded investment plan for up to $100 million to boost green and alternative fuel transportation for the 2013-2014 fiscal year and separately approved nearly $5 million in additional grants, including the further development of compressed natural gas (CNG) and liquefied natural gas (LNG) for transportation.
Trio of Oneok Projects Enters Service
Oneok Partners LP has completed three projects that are part of an ongoing growth program worth roughly $5 billion. The partnership’s Bakken NGL Pipeline, Stateline II gas processing facility and new ethane header pipeline have all entered service, the partnership said Tuesday.
Canada Launches Asia Trade Mission Hoping to Lure Oil, NGL Buyers
Canada Minister of International Trade Ed Fast said his country is an “energy superpower” that “must” export more oil and natural gas to Asian markets in announcing plans for a trade mission to China and Japan in hopes of increasing exports.