A frequent customer of Enterprise Products Partners LP in several shale play infrastructure projects, Chesapeake Energy Corp. has stepped up to be the anchor shipper on the partnership’s proposed pipeline to carry ethane from the Marcellus and Utica shales to the U.S. Gulf Coast.
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DCP Midstream Gives Texas NGL Pipeline a Go
DCP Midstream is moving ahead with the Sand Hills Pipeline to carry natural gas liquids (NGL) from the Permian Basin and Eagle Ford Shale to markets along the Gulf Coast.
More Rich Gas Gathering Planned for South Texas
Meritage Midstream Services LLC plans to build a rich gas gathering system in Webb County, TX, with Escondido Resources II LLC as the anchor customer.
Appalachian Gathering System Secures Anchor Agreements
Long-term natural gas gathering agreements to anchor the Appalachian Gathering System (AGS), which is to traverse the Marcellus Shale, have been signed with subsidiaries of Chesapeake Energy Corp. and Statoil ASA, M3 Midstream LLC (Momentum) said Thursday.
Independence Hub Turns On the Tap
Natural gas production began moving through the landmark Independence Hub in the Gulf of Mexico Thursday from the first of 15 subsea wells in 10 anchor fields. Producers said they expect to bring production up to the hub’s 1 Bcf/d capacity by late 2007.
Record-Setting Independence Hub Turns On the Tap
Natural gas production began moving through the landmark Independence Hub in the Gulf of Mexico last Thursday from the first of 15 subsea wells in 10 anchor fields. Producers said they expect to bring production up to the hub’s 1 Bcf/d capacity by late 2007.
Con Edison, KeySpan Sign on as Anchor Shippers on Millennium
Major Northeast utilities Consolidated Edison and KeySpan have signed up as anchor shippers on Phase I of the reconfigured Millennium Pipeline, the project’s sponsors said in an amendment filed at FERC Monday.
West Tends to Withstand Overall Price Downturn
Most points fell between a nickel and a dime Monday, draggeddown by the anchor of a weaker Henry Hub futures contract, sourcessaid. A chilly West was most resistant to the general softeningwith prices that tended to be flat to off only a couple of cents.
Storage Sinks Gas Futures Once Again
The AGA storage report proved to be an anchor on natural gasfutures prices yet again on Wednesday, as the spot June contractfell 5.2 cents to settle at $2.204. The latest report came in at100 Bcf worth of injections, which increases the surplus versuslast year by 30 Bcf to 403 Bcf. Total estimated volume came in at59,231.