With its acquisition of Copano Energy LLC, announced Wednesday, Kinder Morgan Energy Partners LP (KMP) will expand its footprint in Texas shale plays, the Eagle Ford in particular, as it adds gas gathering, processing, treating and natural gas liquids fractionation assets.
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Economist Backs Arkansas Severance Tax Hike
Former natural gas industry executive Sheffield Nelson has enlisted the aid of economist Charles Venus in his campaign to raise the severance tax that Arkansas levies on natural gas production. Raising the tax to 7% would mean an additional $155 million per year for state coffers, the equivalent of less than a day and a half of profits for ExxonMobil, Venus said recently.
Expansion Eyed for Discovery Gas System in GOM
An expansion is planned for the Discovery natural gas gathering pipeline system in the Gulf of Mexico (GOM) to gather more than 400 MMcf/d from the deepwater Keathley Canyon (KC), Walker Ridge and Green Canyon blocks, according to Williams Partners LP and DCP Midstream Partners LP.
Enogex Expanding Oklahoma Midstream Services
Enogex has agreed to acquire natural gas midstream pipeline assets with dedicated rights to gather and process production from a large acreage position in the Granite Wash, Tonkawa and Marmaton plays of northwestern Oklahoma, the company said Friday.
California Begins Public Hearings on Pipeline Safety
The California Public Utilities Commission (CPUC) Tuesday begins a series of three public hearings to gather testimony on pipeline safety. It is a response to the apparent lack of local knowledge about the Pacific Gas and Electric Co. (PG&E) pipeline that ruptured last September in a residential neighborhood in suburban San Bruno, CA, south of San Francisco.
Industry Briefs
SemGas LP has signed an agreement with Eagle Energy Co. to gather and process natural gas from its dedicated acreage in Region 1 of the Anadarko Basin in northern Oklahoma, the Tulsa-based SemGroup Corp. The agreement includes the installation of a 30 MMcf/d cryogenic plant in Hopeton, OK facility to support Eagle’s drilling activities into the Mississippi and Hunton geological formations. SemGas will continue to support Eagle’s drilling activity from its Nash, OK facility with further expansion capabilities available as needed, the company said. Founded in 2009, Eagle focuses on acquiring and drilling properties in the Mid-Continent. Its primary activity focuses on horizontal drilling in the Mississippian formation, where it has a leasehold position exceeding 50,000 acres and production weighted 60% oil. Eagle also has more than 50,00 net acres (primarily gas) in the Hunton Lime and Woodford Shale resource plays.
Pennsylvania Governor Calls for Severance Tax Summit
With Pennsylvania’s 2010 legislative session winding down, Gov. Ed Rendell on Friday asked leaders of the General Assembly to gather with him and energy industry leaders in Harrisburg Monday to work on a severance tax on gas produced from the state’s portion of the prolific Marcellus Shale play.
Pennsylvania Governor Calls for Severance Tax Summit
With the remaining days of Pennsylvania’s 2010 legislative session dwindling, Gov. Ed Rendell on Friday asked leaders of the state’s General Assembly to gather with him and energy industry leaders in Harrisburg Monday to work on a natural gas severance tax bill.
Pennsylvania Governor Calls for Severance Tax Summit
With the remaining days of Pennsylvania’s 2010 legislative session dwindling, Gov. Ed Rendell on Friday asked leaders of the state’s General Assembly to gather with him and energy industry leaders in Harrisburg Monday to work on a natural gas severance tax bill.
UGI Makes First Marcellus Gathering Deal
UGI Corp. midstream unit UGI Energy Services Inc. has agreed to gather Marcellus Shale production of Citrus Energy Corp. in Wyoming County, PA, for delivery to Tennessee Gas Pipeline Co.’s interstate system in Susquehanna County.