Holding

Industry Brief

NuStar Crude Oil Pipeline LP is holding a binding open season through Aug. 30 for capacity to transport Eagle Ford Shale crude oil from several terminal locations on its South Texas Crude Oil Pipeline System in Frio, McMullen, and La Salle counties, TX, to its Corpus Christi, TX, North Beach facility. The proposed South Texas System Project would include pipeline capacity upgrades to the segments of the South Texas System between NuStar’s Gardendale Terminal in La Salle County and NuStar’s Corpus Christi Terminal in Nueces County, TX, and would be constructed in two phases. The first phase would add incremental capacity to the South Texas System of 35,000 b/d; the second phase would add incremental capacity to the South Texas System of 65,000 b/d. For information, contact Mark Meador or Rick Webb at (210) 918-2000.

July 24, 2013

U.S. Shales Ring Revenue Bell for India’s Reliance

India’s Reliance Industries Ltd. has made multiple bets on U.S. shale gas and they’re paying off, the company said when it released its fiscal first quarter 2014 results last Friday, which included an 84% hike in U.S. shale-derived revenue from a year ago.

July 23, 2013

Tennessee Offering Capacity on Cameron LNG Terminal Supply Pipe

Nearly two months after securing Mitsubishi Corp. as its foundation shipper, Tennessee Gas Pipeline is holding an open season through Aug. 9 for its Southwest Louisiana Supply Project, which is designed to provide transportation from various supply basins in Ohio, Pennsylvania, Texas and Louisiana to Cameron Interstate Pipeline, which connects directly to the proposed Cameron LNG export terminal in Hackberry, LA.

July 22, 2013

Industry Brief

Sunoco Logistics Partners’ Sunoco Pipeline is holding a binding open season for its Granite Wash Extension pipeline to provide crude oil takeaway capacity for growing production from the Granite Wash Shale in the northeastern Texas Panhandle and portions of western Oklahoma. The pipeline would originate in Wheeler County, TX, and terminate in Ringgold, TX, where it would interconnect with an existing Sunoco Logistics pipeline with the ability to provide transportation to Corsicana, TX. From Corsicana, access to multiple Sunoco Logistics and third-party pipelines would provide producers the ability to reach various markets and refineries on the Gulf Coast and in the Midcontinent. The partnership would lay 200 miles of new pipeline and construct pump stations, tankage and truck unloading facilities. The Granite Wash Extension is anticipated to have an initial capacity of 70,000 b/d to Ringgold and is expected to be operational in the fourth quarter of 2014.

July 18, 2013

Koch Pondering Bakken Crude Pipeline

Koch Pipeline Co. LP is holding a nonbinding open season for the Dakota Express Pipeline, which would carry crude oil from the Bakken Shale in western North Dakota to Hartford and Patoka, IL. A connection at Patoka to the Eastern Gulf Crude Access Pipeline to carry crude to Gulf Coast refineries is also contemplated.

June 19, 2013

Oxy Unit Offering Crude Capacity on Cline Shale Pipeline

Occidental Petroleum Corp. (Oxy) unit Centurion Pipeline LP is holding an open season through July 1 for capacity to transport crude oil from Irion, Sterling, Coke, Tom Green and Mitchell counties in West Texas to Centurion’s Colorado City, TX, station. The project targets crude oil production from the Permian Basin’s Cline Shale, which is thought by some to be “the next Eagle Ford.”

June 10, 2013

Industry Briefs

Enterprise Products Partners LP is holding a binding open season from June 5 through July 11 for capacity to transport propane to Mont Belvieu, TX, on the Appalachia-to-Texas (ATEX) pipeline. The ATEX pipeline has long-term contracts in place for ethane transportation to Mont Belvieu. The addition of propane service will not impact Enterprise’s obligations to ethane shippers. To accommodate propane shipments, Enterprise would loop a portion of ATEX, add pumping capacity and install additional facilities for the delivery of specification ethane and propane at destination points. “Transporting propane to Mont Belvieu, the largest, most liquid trading and storage hub, will provide northeast producers with a reliable outlet for their excess propane and help maximize the value of their production,” said Michael Creel, CEO of Enterprise’s general partner. For information, contact Russ Kovin at (713) 381-7925, or rkovin@eprod.com.

May 31, 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

Industry Brief

Crosstex NGL Pipeline LP is holding a binding open season through June 21 for capacity on a new natural gas liquids (NGL) pipeline system (the Crosstex NGL Pipeline) to transport unfractionated NGLs produced in the Permian Basin, Barnett Shale, Eagle Ford Shale and other areas from the Mont Belvieu, TX, area to NGL fractionation facilities in Acadia and Ascension Parishes, LA, for about one year and to NGL fractionation facilities in Acadia and Iberville Parishes, LA, thereafter. The pipeline is expected to have a preliminary design capacity to Acadia Parish of 77,000 b/d for the first year and is expected to reach 132,000 b/d thereafter. For information, contact Terry Brown at (214) 953-9510, or terry.brown@crosstexenergy.com.

May 28, 2013
Questar Holds Open Season to Expand Uinta Takeaway Capacity

Questar Holds Open Season to Expand Uinta Takeaway Capacity

Responding to the increase in natural gas production out of the Uinta Basin, Questar Pipeline Co. will be holding a binding open season to solicit support for an expansion of takeaway capacity by extending its Jurisdictional Lateral 138 (JL138) to the Myton Yard in Myton, UT.

May 14, 2013
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