Texas Eastern Transmission LP (Tetco) told FERC that the second phase of a project designed to transport natural gas from the Marcellus and Utica shales to existing interconnects in Michigan has entered service.
Articles from Columbiana
Nexus Gas Transmission LLC and the interconnected Texas Eastern Appalachian Lease (TEAL) Project are ready to ramp up east-to-west capacity out of the nation’s key natural gas basin, according to recent FERC filings.
In the first big natural gas decision handed down by the recently reinstated FERC quorum, the Commission issued a certificate Friday authorizing Nexus Gas Transmission LLC to proceed with its proposed 1.5 million Dth/d Appalachian takeaway pipeline.
Texas Eastern Transmission LP (Tetco) has asked FERC for clearance to place into service the remainder of its Appalachia-focused Ohio Pipeline Energy Network (OPEN) project, saying it expects “full project mechanical completion” by Oct. 30. Service is expected to begin Nov. 1, a spokesman said.
A class action lawsuit in Ohio pending in a Youngstown court could affect property owners attempting to rid themselves of original lease agreements with oil and natural gas operators.
Analysts believe operators in the Utica Shale will soon be able to bring many of their wells into production, thanks to progress in building new gathering lines, but they also caution that investors may have set their expectations too high for areas outside of the play’s core.
EnerVest Ltd. hasn’t nailed down buyers for some of its Utica Shale portfolio in Ohio, but there is plenty of interest in the big leasehold. Now it’s a matter of getting the right prices and the right terms, CEO John Walker said Tuesday.