Develop

Rosetta Mystery Play to Get 10% of 2013 Spending

Rosetta Mystery Play to Get 10% of 2013 Spending

More than 85% of Houston-based Rosetta Resources Inc.’s 2013 capex budget of $700 million will be spent in the liquids-rich window of the Eagle Ford Shale. About 10% of spending will go to evaluation of new venture opportunities outside the Eagle Ford that the company recently began talking about.

December 12, 2012
Miss-Understood Lime ‘Unconventional Conventional’ Play

Miss-Understood Lime ‘Unconventional Conventional’ Play

What explorers know about the Mississippian Lime formation could fill a book. What they don’t know about the Midcontinent play could fill a few more, industry experts said Wednesday.

November 29, 2012
Enbridge In Bakken-Focused Rail JV

Enbridge In Bakken-Focused Rail JV

Enbridge Inc. unit Enbridge Rail (Philadelphia) LLC and Canopy Prospecting Inc. have formed the Eddystone Rail Co. to develop a unit-train facility and related pipeline infrastructure near Philadelphia, PA, to deliver Bakken and other light sweet crude oil to Philadelphia area refineries.

November 27, 2012

U.S. Frack Regs ‘Evolving’ But on ‘Right Track,’ Says Survey

U.S. shale plays are on the right track, regulation-wise, even regarding hydraulic fracturing (fracking), according to oil and natural gas professionals surveyed recently by Deloitte LLP.

November 14, 2012

MarkWest to Add Gas Processing Capacity at Mobley Complex

MarkWest Energy Partners said Wednesday it plans to add 200 MMcf/d of natural gas processing infrastructure this month at its Mobley complex in Wetzel County, WV, to support rich-gas production in the Marcellus Shale by EQT Corp., Magnum Hunter Resources Corp. and others.

November 8, 2012

Pricing Issue Said to Slow Kitimat LNG Exports

Some glitches are being observed in the rush to develop liquefied natural gas (LNG) export projects in Western Canada as the timeline shortens for U.S. Department of Energy (DOE) rulings on more than a dozen similar projects aimed at non-free trade agreement (FTA) nations, according to a report issued last week by Barclays Commodities Research.

November 5, 2012

Industry Brief

Calpine Corp. has confirmed that it plans to develop a 309 megawatt natural gas-fired generation plant in Delaware and continue its efforts to switch from coal to gas in the portfolio it obtained when it acquired Conectiv Energy’s generation fleet from Pepco Holdings Inc. in a $1.3 billion deal two years ago (see Daily GPI, Aug. 2, 2010). Calpine said the completion of the Garrison Energy Center in Dover, DE, depends upon “continued successful development milestones,” but Calpine is “committed to proceed with full-scale development efforts.” Calpine CEO Jack Fusco said Calpine voluntarily eliminated the coal-fired plants among the 19 facilities it purchased from Pepco, and the Garrison plant development is the next step in that commitment.

November 2, 2012

Report: Pricing Issue Slows Canada LNG Exports

Some glitches are being observed in the rush to develop liquefied natural gas (LNG) export projects in western Canada as the timeline shortens for U.S. Department of Energy (DOE) rulings on more than a dozen similar projects aimed at non-free trade agreement (FTA) nations, a report Monday from Barclays Commodities Research said.

October 31, 2012

TransCanada, Phoenix to Build $3B Alberta Crude Project

TransCanada Corp said Monday it entered into binding agreements with Phoenix Energy Holdings Ltd. to develop a $3 billion pipeline project in Northern Alberta to move oil sands crude and large amounts of diluent.

October 30, 2012

Partners Pursuing Gas-Fired Power Gen in Canada

TransAlta Corp. and MidAmerican Energy Holdings Co. are partnering to develop natural gas-fueled power generation projects in Canada.

October 29, 2012