CenterPoint Energy Inc., OGE Energy Corp. and ArcLight Capital Partners are forming a new midstream master limited partnership (MLP) that will start off with 8,400 miles of interstate and 2,300 miles of intrastate pipelines in Oklahoma, Arkansas, Texas and Louisiana, plus some other assets.
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CenterPoint Energy Inc., OGE Energy Corp. and ArcLight Capital Partners are forming a midstream master limited partnership (MLP) that will start off with 8,400 miles of interstate and 2,300 miles of intrastate pipelines in Oklahoma, Arkansas, Texas and Louisiana, plus some other assets.
The Town Council of Chapel Hill, NC, has approved a resolution voicing its opposition “absent guaranteed public health and environmental protections” to hydraulic fracturing (fracking) because of potential threats to local water supplies. Creedmoor, NC, and the Town of Cary, NC, have also taken steps to regulate fracking locally (see Shale Daily, Jan. 9). In separate statements, North Carolina Gov. Bev Perdue and the state’s Department of Environment and Natural Resources have said they believe fracking can be done safely if it is properly regulated (see Shale Daily, March 26; March 19). The North Carolina Geological Survey believes that technically recoverable gas exists in the state’s Sanford sub-basin (including Lee, Chatham and Moore counties in central North Carolina) and possibly the Dan River sub-basin (including Stokes and Rockingham counties in northern North Carolina).
While the world has “plenty” of energy reserves to meet its needs over the next two decades, supply is not guaranteed, and “massive” investments will be required in both infrastructure and technology to solve the problem, according to a study by the International Energy Agency (IEA). The French organization released its “World Energy Outlook 2001 Insights: Assessing Today’s Supplies to Fuel Tomorrow’s Growth,” which offers conclusions by 15 analysts from around the world.
FERC disregarded the objections of Viosca Knoll Gathering andwaived guaranteed future revenue regulations to let a DestinPipeline expansion go forward last week. Destin plans to construct31 miles of pipeline from a platform at Viosca Knoll Block 900 to atie-in with a Destin lateral in Main Pass Block 279.