Cheap natural gas, courtesy of shale plays, is bringing industry back to the United States, growing economies along the Gulf Coast, in the Northeast and elsewhere. But it has also made holding gas transportation capacity a more dicey prospect for end-users, and there is a risk that some of the energy industry’s risk management muscle could atrophy while on a diet of low prices and low volatility.
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LNG Exports Necessary to Keep Producers Drilling, Dominion Says
The clock is ticking for the United States to begin exporting liquefied natural gas (LNG) before competitors corner the growing global market, according to Donald Raikes, vice president of Dominion Transmission Inc., one of the companies seeking permission to export shale gas.
Dominion: Time Running Out for Exports
The clock is ticking for the United States to begin exporting liquefied natural gas (LNG) before competitors corner the growing global market, according to Donald Raikes, vice president of Dominion Transmission Inc., one of the companies seeking permission to export shale gas.
Eagle Ford, Rockies Liquids Spur Mont Belvieu Expansion
The buildout of infrastructure to serve growing liquids-rich natural gas production from shale plays is continuing. Driven by natural gas liquids (NGL) production out of the Rockies and the Eagle Ford Shale of South Texas, Enterprise Products Partners LP plans to construct two more NGL fractionators at its Mont Belvieu, TX, facility. These would provide 150,000 b/d of incremental capacity. Pipeline construction also is under way.
Trio Plans Marcellus Takeaway Pipeline
Inergy Midstream LP, UGI Energy Services Inc. and Capitol Energy Ventures Corp., a unit of WGL Holdings Inc., plan to develop the Commonwealth Pipeline to carry Marcellus Shale production to market.
Baker Hughes Building Shale-Focused Ohio Facility
Baker Hughes Inc. is planning to open a regional headquarters in Massillon, OH, in 2013 to take advantage of the business opportunities generated by the growing shale gas resources in the Utica and Marcellus formations.
Texas Supreme Court Urged to Revisit Eminent Domain Decision
Industry representatives who say a 2011 Texas Supreme Court decision on the use of eminent domain could stymie efforts to build oil and gas pipelines to service growing production in the state’s shale plays are urging the court to revisit the opinion. The court could decide as early as Friday to either let its previous decision stand, amend that decision or rehear the case.
New Processing Plant Slated for Permian Basin
DCP Midstream LLC plans to build a 75 MMcf/d gas processing plant in Glasscock County, TX, and an associated low-pressure gathering system to service producers focused on the Wolfberry play in the Permian Basin of West Texas.
Texas Supreme Court Urged to Revisit Eminent Domain Decision
Industry representatives who say a 2011 Texas Supreme Court decision on the use of eminent domain could stymie efforts to build oil and gas pipelines to service growing production in the state’s shale plays are urging the court to revisit the opinion. The court could decide as early as Friday to either let its previous decision stand, amend that decision or rehear the case.
Cummins Sees Market Potential for NatGas-Powered Trucks
World-scale engine builder Cummins Inc. sees potential for growth in the market for natural gas engines for trucks.