Consist

Western Canada’s Unconventionals Seen Doubling Oil Output by 2025

Western Canada’s Unconventionals Seen Doubling Oil Output by 2025

Western Canada’s oil production should hit 5.7 million b/d by 2025, which is double the current output, boosted by unconventional growth from the oilsands and shale formations, according to ITG Investment Research (IR). Unconventional natural gas production also is seen lifting gas supplies by 3 Bcf/d from current numbers.

March 28, 2013

Horn River Pipeline Setback Aids Quicksilver’s Timing

Quicksilver Resources Inc. found a silver lining in the recent decision by Canada’s National Energy Board (NEB) to reject TransCanada Corp.’s Komie North Extension pipeline project in the Horn River Basin.

February 26, 2013

Newfield Narrowing Focus to U.S. Unconventional Liquids

Newfield Exploration Co. is considering the sale of its international assets, which consist of offshore oil and natural gas developments in Malaysia and China, the company said.

February 18, 2013
Newfield Narrowing Focus to U.S. Unconventional Liquids

Newfield Narrowing Focus to U.S. Unconventional Liquids

Newfield Exploration Co. is considering the sale of its international assets, which consist of offshore oil and natural gas developments in Malaysia and China, the company said.

February 15, 2013

Industry Briefs

Air Liquide Industrial US LP plans to build an air separation unit in northwestern North Dakota to supply nitrogen to industrial customers, specifically those involved in growing Bakken Shale operations. The unit is expected to be operational by the end of 2012. The French company supplies gases that include nitrogen and carbon dioxide to North American producers to support drilling operations and increase resource recovery. “We are positioning ourselves to better serve existing customers and to capture new business opportunities in North Dakota, especially in the Bakken oil reserves,” said Air Liquide’s Mark Lostak, president of the company’s U.S. arm. “The potential throughout this region is significant, and we are prepared to meet the growing demand for nitrogen to develop these important domestic energy resources.”

December 15, 2011

Tennessee Moves Closer to Placing Major PA, NJ Expansion in Service

The Federal Energy Regulatory Commission approved Tennessee Gas Pipeline’s request to place into service another segment (Loop 321) of its 300 Line expansion in Susquehanna and Wayne counties in northeastern Pennsylvania, bringing the pipeline one step closer to the completion of its major 300 Line project.

October 6, 2011

Industry Briefs

NiSource Gas Transmission & Storage unit Columbia Gas Transmission is seeking to sell or lease the Greenwood and North Greenwood storage fields in Steuben County, NY. The fields consist of approximately 6,700 acres, including nine storage wells, approximately three miles of storage pipeline and a 1,000 hp compressor station. Of the nine storage wells, four have active injection and withdrawal capabilities and one is an underground injection control injection well. Interested parties may send inquires to dataroom@nisource.com. A data room will be accessible Oct. 1-31. All bids are due by Nov. 1. The process is nonbinding and NiSource reserves the right to take no action.

September 2, 2010

Enterprise, GulfTerra Agree to Mega Merger

Enterprise Products LP and El Paso Corp.’s GulfTerra Energy Partners LP agreed to a merger on Monday, which will form the second largest publicly traded energy partnership in the United States. The new partnership will be worth about $13 billion, with the jointly owned affiliates of Enterprise Products Co. and El Paso each owning a 50% stake.

January 12, 2004

Enterprise, GulfTerra Agree to Mega Merger

Enterprise Products LP and El Paso Corp.’s GulfTerra Energy Partners LP agreed to a merger on Monday, which will form the second largest publicly traded energy partnership in the United States. The new partnership will be worth about $13 billion, with the jointly owned affiliates of Enterprise Products Co. and El Paso each owning a 50% stake.

January 6, 2004