Bonnie

Industry Brief

Southcross Energy is expanding the capacity of its Bonnie View Fractionator, which is nearing completion in Refugio County in South Texas. Initial capacity was intended to be 11,500 b/d of natural gas liquids (NGL), but that has been increased to 22,500 b/d. The facility is expected to operate at the higher capacity beginning in January. The fractionator is connected to the Seadrift ethane and propane products pipelines and will have truck-loading facilities to ship and receive NGL products. Completion of this project will bring Dallas-based Southcross Energy’s fractionation capacity in the Corpus Christi, TX, area to 27,300 b/d. About a year ago Southcross acquired about 58 miles of 6-, 8-, 10- and 12-inch diameter natural gas pipelines in San Patricio and Refugio counties (see Shale Daily, July 6, 2011).

June 27, 2012

As Hurricane Charley Turns North, Futures Head South

Amid diminishing concerns about Tropical Storm Bonnie and Hurricane Charley, the natural gas futures market shuffled lower Wednesday, quickly rescinding nearly all of the gains notched over the previous two trading sessions. The September contract was the biggest loser, dropping 17.7 cents to close at $5.614. By comparison, the out-months fared much better, enabling the five-month winter strip (November-March) to sustain only a modest, 6-cent decline to $6.684.

August 12, 2004