Kinder Morgan Energy Partners LP (KMP) is acquiring Copano Energy LLC in a deal worth $5 billion, including debt. Midstreamer Copano is active mainly in Texas, Oklahoma and Wyoming and has been a joint venture (JV) partner with KMP in the Eagle Ford Shale.
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Kinder Morgan Energy Partners LP (KMP) is acquiring Copano Energy LLC in a deal worth $5 Billion, including debt. Midstreamer Copano is active mainly in Texas, Oklahoma and Wyoming and has been a joint venture (JV) partner with KMP in the Eagle Ford Shale.
Lone Star Fractionator I in Mont Belvieu, TX, a 100,000 b/d natural gas liquids (NGL) facility designed to handle prolific NGL production in the Permian and Eagle Ford regions, is now in service, according to Energy Transfer Partners (ETP) and Regency Energy Partners.
Improved well results experienced by Houston-based Crimson Exploration Inc. and other operators continue to demonstrate the economic viability of the Eagle Ford Shale in Zavala and Dimmit counties, TX, said Crimson CEO Allan Keel in announcing the company’s latest well results Monday.
Enterprise Products Partners LP has started operation of the second 300 MMcf/d train at its Yoakum cryogenic gas processing plant in Lavaca County, TX. The facility handles production from the Eagle Ford Shale in South Texas.
The Pennsylvania Supreme Court will hear oral arguments on the constitutionality of Act 13, the state’s new omnibus Marcellus Shale law, on Oct. 17 in Pittsburgh.
The government of Western Australia said Wednesday it will introduce regulations to mandate public disclosure of “any chemicals introduced into a well or formation” although tight and shale gas development in the region is seen as “a number of years away.”
Sunoco Logistics Partners LP said it has received enough binding commitments to enable Permian Express Phase I, a project to transport West Texas crude oil to Gulf Coast markets, to proceed. The binding open season continues and will close on Sept. 6. Permian Express Phase I would provide continuous pipeline service from Wichita Falls, TX, to Nederland/Beaumont, TX, markets. At Wichita Falls, a connection from Basin Pipeline would be provided. Due to the use of existing assets, the capacity to transport 90,000 b/d to Nederland/Beaumont is to be operational in the first quarter of 2013 (see Shale Daily, June 22).
Gas pipeline safety laws continue to swirl around in the current session of the California state legislature, with several bills still active, although at least a couple of proposals were declared dead in committee earlier in May. A new bill (AB 478) in the lower house Assembly was introduced Tuesday to redirect fines paid by natural gas utilities to help pay for pipeline upgrades mandated in the wake of the San Bruno, CA, pipeline rupture and explosion nearly two years ago.