Deliver

A multi-pad drilling project to test Marcellus and Utica formations in southern Ohio may answer some of the lingering questions about the real resource potential of the Utica/Point Pleasant Shale, an analyst said Tuesday.

Kinder Morgan Energy Partners LP (KMP) said it will invest $107 million to expand its Kinder Morgan Crude and Condensate pipeline system (KMCC) deeper into the Eagle Ford Shale play in Karnes County, TX. The expansion, supported by a long-term contract with ConocoPhillips, will extend the 178-mile pipeline 31 miles from the KMCC DeWitt Station in DeWitt County, TX, to ConocoPhillips’ central delivery facility near Helena in Karnes County. Kinder Morgan will also build receipt tanks and a truck unloading facility adjacent to ConocoPhillips’ Helena facility. Construction is expected to begin in July. “This expansion further assists our commitment to deliver up to 300,000 b/d of crude and condensate from the Eagle Ford Shale,” said KMP products pipelines President Ron McClain.

TravelCenters of America (TA) CEO Tom O’Brien is to deliver the opening keynote address June 25 at the 2013 Alternative Clean Transportation (ACT) Expo in the Washington, DC, convention center June 24-27. TA is making what the ACT sponsors called significant investments to provide its customers with alternative fuel options, including natural gas. TA and Royal Dutch Shell plc in April announced plans to build a network of liquefied natural gas (LNG) fueling lanes at existing TA locations nationwide (see Daily GPI, April 22). Shell has committed to creating a “U.S. network of LNG fueling centers for heavy duty road transport customers” stretching from coast to coast. O’Brien is expected to add more color to the ongoing push of commercial trucking fleets to use alternative fuels.

ConocoPhillips has a plan to deliver 3-5% growth in both its oil and gas volumes and its margins, but don’t look for it to happen this year.

ConocoPhillips has a plan to deliver 3-5% growth in both its oil and gas volumes and its margins, but don’t look for it to happen this year.

Enterprise Products Partners LP overcame the effect of lower natural gas processing margins in its pipelines and services segment to deliver record gross operating margin during the first quarter, as well as a 16% increase in profits.

Enterprise Products Partners LP overcame the effect of lower natural gas processing margins in its pipelines and services segment to deliver record gross operating margin during the first quarter, as well as a 16% increase in profits. Oil-related infrastructure put in a strong showing, particularly in the Eagle Ford Shale

Enterprise Products Partners LP overcame the effect of lower natural gas processing margins in its pipelines and services segment to deliver record gross operating margin during the first quarter, as well as a 16% increase in profits.

The U.S. unit of Australia’s Aurora Oil & Gas Ltd. has raised its 2013 guidance for Eagle Ford Shale well count by 25-30% and said it plans to spend $430-465 million this year on drilling and related infrastructure.