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XTO Brings NGL Recovery Facility Online in Pennsylvania

XTO Brings NGL Recovery Facility Online in Pennsylvania

XTO Energy Inc.’s natural gas liquids (NGL) recovery facility in Butler County, PA, has entered service processing wet gas from Marcellus and Utica shale drilling in southwestern Pennsylvania.

June 19, 2013

Industry Brief

The Sand Hills and Southern Hills natural gas liquids (NGL) pipelines have entered service, according to DCP Midstream, Phillips 66 and Spectra Energy Corp., which each own a one-third interest in the pipelines. The 720-mile Sand Hills is transporting NGL from the Permian Basin and Eagle Ford Shale. The 800-mile Southern Hills is transporting NGL from production in the Midcontinent. “DCP Midstream will have an integrated NGL pipeline system, consisting of Sand Hills and Southern Hills as well as our interests in the Front Range and Texas Express pipelines, that connect our gathering and processing systems located in most of the major liquids-rich and oil-driven shale plays to growing Gulf Coast markets,” said DCP Midstream CEO Wouter van Kempen.

June 18, 2013

TECO Energy to Buy New Mexico Gas in $950M Deal

Florida-based TECO Energy, a natural gas and electric utility holding company, said Tuesday it has entered into a definitive stock purchase agreement with its privately held parent company to purchase New Mexico Gas Co., that state’s principal gas utility. The aggregate value of the deal is $950 million, including the assumption of $200 million of the New Mexico utility’s debt.

May 29, 2013

Marcellus Led 2012 Pipe Buildout

More than half of the natural gas pipeline projects that entered service were in the Northeast during 2012, a year in which overall U.S. capacity investment slowed.

April 1, 2013
Marcellus Region Saw Lion’s Share of 2012 Pipeline Projects

Marcellus Region Saw Lion’s Share of 2012 Pipeline Projects

More than half of the natural gas pipeline projects that entered service were in the Northeast during 2012, a year in which overall U.S. capacity investment slowed.

March 26, 2013

Anadarko Takes New Partner in Heidelberg Prospect

Anadarko Petroleum Corp. has entered into a carried-interest arrangement with an undisclosed party for a stake in the prospective Heidelberg development project in the deepwater Gulf of Mexico.

March 7, 2013
Range Sells Noncore Permian Assets for $275M

Range Sells Noncore Permian Assets for $275M

Continuing to focus ever more sharply on liquids-rich and oil projects, Range Resources Corp. has entered into an agreement to sell for $275 million some of its gassier Permian Basin properties in New Mexico and West Texas.

February 28, 2013

Industry Brief

KW Express LLC a partnership of Kinder Morgan Energy Partners LP (KMP) and Watco Companies LLC, has entered into a long-term agreement with Mercuria Energy Trading Co. Inc. to construct a 210,000 b/d crude-by-rail project at the Greens Port Industrial Park on the Houston Ship Channel. The project will allow Mercuria Energy Trading Inc. to source crude from various locations, including Cushing, OK, West Texas, the Bakken Shale area and Western Canada for delivery by rail into the Houston Ship Channel for distribution to various refiners via pipeline and barges. The facility will have the capability to unload and load up to three unit trains per day of crude oil and condensate as well as provide for up to 100,000 b/d of barge loading capacity. KW Express will own 85% of the project and, together with Watco, operate the project once completed. Mercuria will own the remaining 15% interes

February 26, 2013

UGI, Tenaska to Develop Marcellus Gathering System

UGI Corp. has entered into agreements with Tenaska affiliate Tenaska Resources LLC to jointly develop natural gas resources in the Marcellus Shale in north-central Pennsylvania, the company said Monday.

January 16, 2013

West Texas NGL Pipeline Enters Service Early

The Lone Star West Texas Gateway NGL (natural gas liquids) Pipeline has entered service, transporting NGLs from the Permian and Delaware basins in West Texas to Mont Belvieu, TX, project partners Energy Transfer Partners LP (ETP) and Regency Energy Partners LP said Tuesday.

December 5, 2012
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