Marathon Oil Corp.’s $5.2 billion capital, investment and exploration budget for 2013 is about 65% targeted toward liquids-rich areas, particularly the Eagle Ford Shale of South Texas.
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DTE Pipeline Co. began Tuesday began operation of its Bluestone Gathering pipeline system in Susquehanna County, PA. The southern portion of the pipeline connects gas production of Southwestern Energy to the Tennessee Gas Pipeline in Lenox Township, PA (see Shale Daily, July 6, 2011). The pipeline has a capacity of 275 million cubic feet per day. The remaining 32 miles of pipeline will interconnect with the Millennium Pipeline in Sanford, NY and should be completed in January, DTE said. Bluestone Gathering is being developed as the Bluestone Pipeline Co. of Pennsylvania LLC, Bluestone Gas Corp. of New York Inc. and Susquehanna Gathering Co. I LLC, all of which are subsidiaries of DTE Pipeline, an affiliate of DTE Energy. Bluestone is DTE’s first natural gas gathering project outside Michigan. DTE Pipeline also is a 40% owner of the Vector Pipeline, 26.25% owner of the Millennium Pipeline and 33% owner of the recently announced Nexus Gas Transmission System.
Dow Chemical Co. officials on Monday said a comprehensive plan to connect U.S. operations with “cost-advantaged feedstocks” from abundant supplies of domestic shale gas is moving forward and is on track to deliver long-term competitive advantages for the worldwide operations.
The Lone Star West Texas Gateway NGL (natural gas liquids) Pipeline has entered service, transporting NGLs from the Permian and Delaware basins in West Texas to Mont Belvieu, TX, project partners Energy Transfer Partners LP (ETP) and Regency Energy Partners LP said Tuesday.
Denbury Resources Inc. said Monday that it has completed the first phase of its sale of 196,000 net acres in the Bakken Shale to ExxonMobil Corp. for $1.6 billion in cash and ExxonMobil’s operating interests in Webster Field in Texas, Hartzog Draw Field in Wyoming and an interest in the Carbon Dioxide (CO2) reserves in ExxonMobil’s LaBarge Field in Wyoming.
Trunkline Gas Co. officials said last week they expect FERC to approve before the middle of next year plans to convert a multi-state natural gas pipeline to crude oil service.
New York Gov. Andrew Cuomo said the state will miss a Nov. 29 deadline for revised rules governing high-volume hydraulic fracturing (HVHF), a development that should reopen the rulemaking process to at least one public hearing.
The United States’ northern tier will be colder than normal over the next two months, with the northern Rockies and northern Plains in line for especially cold conditions, and Arctic air is expected to be a “frequent guest in [the] largest gas-demand population centers,” according to forecasters at Andover, MA-based Weather Services International (WSI). Above-normal temperatures are expected across the southern United States over the next three months, the forecasters said.
With a Nov. 29 deadline quickly approaching, the New York State Department of Health (DOH) has reportedly hired experts from three universities to conduct a health impact analysis of high-volume hydraulic fracturing (HVHF) in the state.