NuStar Energy LP is buying Eagle Ford Shale crude oil pipeline, gathering and storage, and natural gas liquids (NGL) assets for $425 million from TexStar Midstream Services LP. The deal is part of NuStar’s transition to a fee-based pipeline and storage business and away from margin-based refining and marketing.
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NuStar Holding Open Season for Niobrara Crude Project
NuStar Logistics LP, an affiliate of NuStar Energy LP, is holding a binding open season for firm priority space to transport crude petroleum from the Niobrara Shale near Platteville and Watkins, CO, to Wichita Falls, TX.
October 18, 2012
Pony Express Gas-to-Crude Conversion Riles Ethanol Customers
Kinder Morgan Interstate Gas Transmission’s (KMIGT) proposal to sell a 432-mile segment of its Pony Express natural gas pipeline to an affiliate (Kinder Morgan Pony Express Pipeline LLC) for the purpose of converting it to transport crude oil from the Bakken and Denver-Julesburg/Niobrara shales has received a mixed reaction at FERC.
September 10, 2012
Partial Conversion of Pony Express to Crude Riles Ethanol Customers
Kinder Morgan Interstate Gas Transmission LLC’s (KMIGT) proposal to sell a 432-mile segment of its Pony Express natural gas pipeline to an affiliate (Kinder Morgan Pony Express Pipeline LLC) for the purpose of converting it to transport crude oil from the Bakken and Denver-Julesburg/Niobrara shales has received a mixed reaction at FERC.
September 7, 2012
From Oil to Gas and Back Again; Customers Protest Pony Express Conversion
Kinder Morgan Interstate Gas Transmission LLC’s (KMIGT) proposal to sell a 432-mile segment of its Pony Express natural gas pipeline to an affiliate (Kinder Morgan Pony Express Pipeline LLC) for the purpose of converting it to transport crude oil from the Bakken and Denver-Julesburg/Niobrara shales has drawn protests from ethanol customers.
September 7, 2012
FERC OKs Transfer of Transwestern Lateral Facilities to Lone Star NGL
FERC has approved Transwestern Pipeline Co. LLC’s application to abandon by sale to affiliate Lone Star NGL Pipeline LP a nearly 60-mile segment of its system in West Texas.
August 29, 2012
Noble Continues Noncore Sales, Ramps up Denver-Julesburg
Noble Energy Inc. has agreed to sell oil and natural gas properties in Kansas, including about 250 producing wells on approximately 14,000 net acres, to an affiliate of Citation Oil & Gas Corp. for $140 million as part of an ongoing divestiture plan, the Houston-based company said Monday.
August 14, 2012
Panda’s Central Texas Gas-Fired Power Plant Eyes Late 2014 Start-Up
Natural gas continues to be the fuel of choice for new power plant builds. Panda Power Funds’ Affiliate Panda Temple Power LLC has successfully completed financing on its planned 758 MW gas-fired, combined-cycle power plant in Temple, TX.
July 20, 2012
Atlas Pipeline Completes Woodford Expansion, Begins Midcon Buildout
Atlas Pipeline Partners LP (APL) has completed a 60 MMcf/d expansion of its Velma system in the Woodford Shale of Oklahoma, increasing capacity to 160 MMcf/d.
June 25, 2012
Caledonia Storage Expansion Gets FERC Green Light
FERC Thursday approved a proposal by Caledonia Energy Partners LLC, an affiliate of Houston-based Enstor Operating Co. LLC, to expand its existing high-deliverability, multi-cycle storage facility in northeastern Mississippi, as well as a request to vacate authorization to proceed with a separate project.
June 22, 2012
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