Enterprise Adds Texas NGL Fractionation, Crude Storage

The initial phase of Enterprise Products Partners LP’ Enterprise Crude Houston (Echo) storage terminal is complete and the facility is receiving deliveries of crude oil. Separately, the partnership said its sixth natural gas liquids (NGL) fractionator at Mont Belvieu, TX, has entered operation.

November 5, 2012

FERC OKs Permanent Release of Off-System Capacity Held by WIC

FERC Wednesday approved the requests of three western natural gas pipelines for temporary waivers of capacity-release regulations, clearing the way for the permanent release of off-system capacity held on the Wyoming Interstate Co. (WIC) pipeline to certain shippers.

October 29, 2012

Halcon Bulks Up in North Dakota

Halcon Resources Corp. on Monday said it is acquiring a shelf of oil-weighted producing and undeveloped properties in the Williston Basin in a cash-and-equity transaction with Petro-Hunt LLC worth $1.45 billion.

October 23, 2012

USGS Provides Methane Baseline for New York Water Wells

Naturally occurring methane in New York water wells could serve as a baseline to measure the quality of the water supply if and when natural gas drilling is expanded and high-volume hydraulic fracturing (fracking) is allowed, the U.S. Geological Survey (USGS) said in a new report. New York Gov. Andrew Cuomo is expected to announce any day a decision about whether to allow more gas drilling to proceed.

September 10, 2012

Antero Exits, Vanguard Enters Arkoma Basin in $445M Deal

Denver-based Antero Resources is unloading its Arkoma Basin assets and redeploying capital to Appalachian shale plays while Vanguard Natural Resources LLC, which is buying Antero’s mostly natural gas Arkoma assets for $445 million, is establishing a new operating area with the deal.

June 5, 2012

ProWater Begins Saltwater Disposal Well in Bakken

ProWater, a Sustainable Environmental Technologies Corp. (SET) subsidiary, said Wednesday it has started drilling a new saltwater disposal (SWD) well in North Dakota’s portion of the Bakken Shale and will test a new automated system to support shale oil drilling in the play.

June 1, 2012

Investors Coalition Supports Best Practices for Shale Fracking

Fifty-five investment organizations and institutional investors with nearly $1 trillion in assets under management are pushing for implementation of “best practices” for hydraulic fracturing (fracking), according to a trio of shareholder groups — Boston Common Asset Management, the Investor Environmental Health Network (IEHN) and the Interfaith Center on Corporate Responsibility (ICCR) — which are spearheading the effort.

May 21, 2012

Regency Announces Eagle Ford Gathering, Treating Expansion

Dealing with an Eagle Ford gas flow that has turned out to be much more liquids-rich than expected, Regency Energy Partners LP announced Monday that it will expand its Edwards Lime gathering joint venture in the South Texas shale play to increase the system’s capacity by 90 MMcf/d to 160 MMcf/d, and provide for additional crude transportation and stabilization capacity of 17,000 b/d.

May 15, 2012

Kinder Morgan Paying $300M for Half-Stake in El Paso JV

To give Kinder Morgan Inc. (KMI) complete control of a joint venture (JV) in which merger partner El Paso Corp. now owns one-half, its partnership on Wednesday agreed to buy a 50% interest in the Altamont gathering and processing system in Utah’s Uinta Basin, as well as the Camino Real Gathering System in the Eagle Ford Shale in Texas.

April 26, 2012

Kinder: Dropdowns, Divestitures Accretive in 2013

Kinder Morgan Energy Partners (KMP) expects to complete during the third quarter the sale of pipeline and gas processing assets it agreed to let go in order to win antitrust approval for Kinder Morgan Inc.’s (KMI) acquisition of El Paso Corp. Plenty of prospective buyers are sniffing around, CEO Rich Kinder told financial analysts during an earnings conference call last week.

April 23, 2012