Expanded

TransCanada Eyes Pipeline Conversions, LNG Expansion

TransCanada Corp.’s extensive infrastructure in Canada could be expanded and transformed with options to convert part of its natural gas mainline pipeline to carry crude oil and its western assets growing to include a possible interest in facilities for liquefied natural gas (LNG) exports, CEO Russ Girling said last week.

May 7, 2012

People

Pacific Gas and Electric Co. (PG&E) has now filled its expanded senior leadership team for gas operations under Executive Vice President Nick Stavropoulos, who joined the San Francisco-based combination utility last year to head up a reorganized and more independent gas operating unit. Kevin Knapp signed on as vice president for gas distribution in March, bringing 30 years of industry experience, including National Grid and KeySpan; and Sean Kolassa assumed the new position of vice president, investment planning in February, bringing 15 years of gas experience. In addition, Roland Trevino, vice president for public safety and integrity management, joined PG&E last August after being a senior director at El Paso Natural Gas in Colorado. They join Mel Christopher, senior director for gas system operations, who also brought 30 years of gas industry when he joined PG&E last June. The other gas team leaders include PG&E veterans Kirk Johnson, vice president for gas transmission; Sumeet Singh, senior director of asset knowledge management who previously headed gas engineering operations; and Jane Yura, vice president for standards and policies.

May 7, 2012

TransCanada Eyes Pipeline Conversion, LNG Expansion, Alaska Plays

TransCanada Corp.’s extensive infrastructure in Canada could be expanded and transformed with options to convert part of its natural gas mainline pipeline to carry crude oil and its western assets growing to include a possible interest in facilities for liquefied natural gas (LNG) exports, CEO Russ Girling said during a conference call with financial analysts Friday.

May 1, 2012

Springville Gathering Pipeline Begins Service in Pennsylvania

Williams Partners LP (WPZ) said Thursday it has started up the Springville natural gas gathering pipeline, one of the building blocks in its plan to secure large-scale infrastructure in the capacity-constrained Marcellus Shale. Springville initially would help deliver 300 MMcf/d to Northeast markets.

January 23, 2012

Enterprise Unloads Most of ETE Units

Enterprise Products Partners LP announced Tuesday that it has agreed to sell about 22.8 million common units of Energy Transfer Equity LP (ETE) to undisclosed purchasers for approximately $825.1 million.

December 29, 2011

Seaway, Keystone Aim to Unlock Midcontinent Oil

The race to break through the Midcontinent bottleneck and flow expanding supplies of crude oil, bolstered by shale production to the Gulf of Mexico (GOM) and world markets moved up by about 300,000 b/d with separate announcements Wednesday of plans to reverse the flow of the Seaway crude oil pipeline, and a possible go-ahead for the Cushing to the GOM southern section of the stalled Keystone XL oil pipeline.

November 18, 2011

Superior’s Complete Takeover Adds Leverage in Pressure Pumping

In a merger that would create a formidable onshore oilfield services company, Superior Energy Services Inc. on Monday agreed to pay $2.7 billion in cash and stock to buy Complete Production Services Inc. — a 62% premium to Complete’s closing share price on Friday.

October 11, 2011

Kodiak Adds More Bakken Acreage, Sixth Drilling Rig

Kodiak Oil & Gas Corp. said Wednesday it has agreed to purchase 13,500 net acres in the Bakken Shale play from an undisclosed private oil and gas company for about $235 million in cash. It also agreed to assume the terms of a contract for its sixth drilling rig.

October 3, 2011

Study: Barnett is ‘Bulwark’ Against Hard Times

Ten years on, drilling in the Barnett Shale has expanded the economy of the 24-county region in North Texas by 38%, according to a new study that said cumulative economic benefits of the Barnett from 2001 to 2011 include $65.4 billion in gross product for the region and $80.7 billion for the state.

October 3, 2011

Barnett Shale: A ‘Bulwark’ Against Hard Times in North Texas

Ten years on, drilling in the Barnett Shale has expanded the economy of the 24-county region in North Texas by 38%, according to a new study that said cumulative economic benefits of the Barnett from 2001 to 2011 include $65.4 billion in gross product for the region and $80.7 billion for the state.

September 28, 2011