U.S. Land Recovery Still ‘Has Legs,’ But Pace Slips, Says H&P Chief

U.S. Land Recovery Still ‘Has Legs,’ But Pace Slips, Says H&P Chief

The recovery in the U.S. onshore should continue to improve, but at a more moderate pace, according to the CEO of one of the largest land drilling contractors, Helmerich & Payne Inc. (H&P).

May 2, 2017

Industry Brief

The first cargo of liquefied natural gas (LNG) from the Angola LNG plant is on its way to Brazil on the SS Sonangol Sambizanga, one of seven 160,000-cubic meter LNG vessels contracted to the Angola LNG project, one of the largest energy projects on the African continent. Angola LNG is a partnership of Sonangol, Chevron Corp., BP plc, ENI and Total that will gather and process gas to produce and deliver LNG and natural gas liquids (NGL). “First gas at Angola LNG is an important milestone in support of our strategic plan to grow our production,” said George Kirkland, Chevron vice chairman. The $10 billion project will collect and transport gas from offshore Angola to an onshore liquefaction plant on the coast near the Congo River. The project has the capacity to produce 5.2 million metric tons per year of LNG, 63,000 b/d of NGL for export and 125 MMcf/d of natural gas for domestic consumption, Chevron said. “The project represents the first LNG project in Angola, and it is expected to contribute to the development of Angola’s natural gas industry,” said Ali Moshiri, president of Chevron Africa and Latin America Exploration and Production Co. Five and a half years ago it was expected that some supply from Angola LNG would land in the United States (see Daily GPI, Dec. 11, 2007).

June 18, 2013

New Fractionators to Handle Eagle Ford NGLs

LyondellBasell has contracted with TexStar MidStream Services LP for TexStar to install two natural gas liquids (NGL) fractionation units next to affiliate Equistar Chemicals LP’s Corpus Christi, TX, plant. The units will process NGLs from the Eagle Ford Shale.

April 15, 2013

Industry Briefs

Kinder Morgan Energy Partners LP (KMP) has contracted with Methanex Corp. to support the construction of methanol storage capacity near its Geismar Liquids Terminal (GLT) in Geismar, LA, and will embark on a $58 million expansion of its chemical storage. KMP said it will invest about $58 million to build, own and operate the storage tanks and related infrastructure, including improvements to its existing dock at GLT. The assets will provide marine, rail and truck access in support of a 1 million tonne per year methanol production plant being relocated by Methanex from Chile. The terminal infrastructure is expected to be in service during the second half of 2014, coinciding with the anticipated startup of the relocated plant. Separately, KMP has also acquired Quality Carriers Inc.’s 26-acre terminal located in Chester, SC. The 19-tank facility currently provides storage for a single customer of 35,000 bbl and receives product by rail and distributes by truck.

April 2, 2013
Piedmont Gas Looks to Marcellus for ‘Meaningful Portion’ of Supplies

Piedmont Gas Looks to Marcellus for ‘Meaningful Portion’ of Supplies

Piedmont Natural Gas, a major natural gas distributor based in Charlotte, NC, has signed a 15-year contract with Cabot Oil & Gas Corp. to purchase a “meaningful portion” of its natural gas supplies from the Marcellus Shale beginning in December 2015.

January 8, 2013
SM Energy Targeting Eagle Ford, Bakken/Three Forks, Permian

SM Energy Targeting Eagle Ford, Bakken/Three Forks, Permian

SM Energy said Wednesday that next year it will spend 90% of its planned drilling and completions budget of $1.2 billion on its Eagle Ford, Bakken/Three Forks and Permian Basin programs.

December 21, 2012

Atlas Pipeline Completes Woodford Expansion, Begins Midcon Buildout

Atlas Pipeline Partners LP (APL) has completed a 60 MMcf/d expansion of its Velma system in the Woodford Shale of Oklahoma, increasing capacity to 160 MMcf/d.

June 25, 2012

Shell Temporarily Abandons Deepwater Well Following Leak

An equipment failure at a deepwater Gulf of Mexico drilling platform contracted by a unit of Royal Dutch Shell plc released about 319 barrels of biodegradable drilling mud and water last weekend before being contained, according to a report filed with the National Response Center (NRC).

December 21, 2011

Alliance Plans Williston Basin Lateral

Alliance Pipeline LP said Hess Corp. has contracted for capacity on a North Dakota pipeline lateral and associated facilities it plans to construct to carry liquids-rich gas from the Williston Basin.

June 24, 2011

CenterPoint Sees Growth in Shale Reserves

CenterPoint Energy Inc. said Thursday its natural gas gathering volumes rose significantly during the first quarter, with shale gas accounting for most of the total as traditional basins fell. The company also continued to make progress on gathering systems in the Haynesville Shale.

May 9, 2011
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