FERC OKS Interim Service on Tennessee Marcellus Project

Tennessee Gas Pipeline Co. got the go-ahead from FERC Thursday to start up facilities that will enable it to provide interim firm transportation service to three shippers on its Northeast Supply Diversification (NSD) Project beginning Oct. 1, one month ahead of the in-service date for the entire project.

September 24, 2012

Industry Briefs

Sunoco Logistics Partners LP said it has received enough binding commitments to enable Permian Express Phase I, a project to transport West Texas crude oil to Gulf Coast markets, to proceed. The binding open season continues and will close on Sept. 6. Permian Express Phase I would provide continuous pipeline service from Wichita Falls, TX, to Nederland/Beaumont, TX, markets. At Wichita Falls, a connection from Basin Pipeline would be provided. Due to the use of existing assets, the capacity to transport 90,000 b/d to Nederland/Beaumont is to be operational in the first quarter of 2013 (see Shale Daily, June 22).

August 22, 2012

Marcellus Will Push Back Canadian Gas, Says Bentek

Marcellus Shale gas will push out some gas traditionally imported from Dawn, ON, later this year as new pipeline expansions come online, Bentek Energy LLC said in a market note.

July 18, 2012

Industry Brief

Work on Shell Pipeline’s Eagle Ford Shale- and Permian Basin-focused Houma, LA, to Houston (Ho-Ho) oil pipeline system reversal is going according to plan, based on shipper requests and new crude production and infrastructure coming online, the company said. Through a Declaratory Order, the Federal Energy Regulatory Commission recently approved the contract rates and capacity allocation for the Ho-Ho Reversal project. The initial phase will move crude oil from connecting pipelines and terminals in East Houston to Nederland, TX, and Port Arthur, TX, thereby supplying the refining complex across the region with crude from the Eagle Ford Shale and Permian Basin, as well as crude supplies from the Cushing, OK, area. Phase I of the project is designed to complement new pipeline infrastructure that is currently being built to the Houston area. The Royal Dutch Shell plc subsidiary last August said it was considering reversing flows on the 22-inch diameter Ho-Ho system to enable more than 300,000 b/d of crude to be distributed across the Gulf Coast region (see Shale Daily, Aug. 9, 2011).

July 16, 2012

Chesapeake’s Large Curtailments, Spending Cuts Spark Gas Price Rise

In response to low natural gas prices, Chesapeake Energy Corp. on Monday said it would “immediately” curtail 0.5 Bcf/d, or 8% of its current operated gross natural gas output, which is 6.3 Bcf/d. As much as 1 Bcf/d could be curtailed “if conditions warrant.”

January 24, 2012

Shale Gas Production Seen Climbing Worldwide

The United States is the undisputed leader in the development of unconventional natural gas resources. However, much of the rest of the world is on to the shale gas promise and will soon be exploiting its reserves, according to a new analysis by Douglas-Westwood.

October 7, 2011

Chesapeake Launches $1B Fund to Support Gas Demand

Chesapeake Energy Corp. last week announced a $1 billion venture capital fund — Chesapeake NG Ventures Corp. (CNGV) — to invest in companies and technologies to enable replacement of gasoline and diesel fuel with natural gas and gas-to-liquids (GTL) fuels.

July 18, 2011

Chesapeake Launches $1B Fund to Support Gas Demand Growth

Chesapeake Energy Corp. Monday announced a $1 billion venture capital fund — Chesapeake NG Ventures Corp. (CNGV) — to invest in companies and technologies to enable replacement of gasoline and diesel fuel with natural gas and gas-to-liquids (GTL) fuels.

July 12, 2011

Industry Brief

Apache Corp. said the Bureau of Ocean Energy Management, Regulation and Enforcement approved a permit to enable the company to resume plugging and abandonment operations at East Cameron Block 278 Platform B in the Gulf of Mexico. Operations were suspended when a leak was discovered Sunday morning by an Apache crew, which saw bubbling near the platform (see Daily GPI, Jan. 20). Air monitoring equipment found no traces of gas emissions on the facility and power had been restored to assure safe operations, the company said Thursday. The depleted gas field is in water depths of 168 feet about 95 miles south of Cameron, LA. Apache acquired East Cameron 278 in 2003. The development of the wells and installation of the platform occurred in the 1990s by prior owner-operators. Apache holds a 50% working interest, with Stone Energy holding the remaining working interest.

January 24, 2011

Foundation Offers Grants to Study Marcellus Drilling

The Colcom Foundation of Pittsburgh, PA, has launched the $1 million Marcellus Environmental Fund to distribute grants to nonprofit organizations “to address the accelerating environmental impact of shale drilling in western Pennsylvania through public education, community engagement, best practices, baseline data collection, ongoing monitoring, land owner guidance and collaborative projects.”

December 27, 2010