Holding

NuStar Bolting On Eagle Ford Crude, NGL Capacity

NuStar Energy LP is buying Eagle Ford Shale crude oil pipeline, gathering and storage, and natural gas liquids (NGL) assets for $425 million from TexStar Midstream Services LP. The deal is part of NuStar’s transition to a fee-based pipeline and storage business and away from margin-based refining and marketing.

November 9, 2012

Harbinger Bets on Higher Gas Prices with Exco Deal

Dallas-based Exco Resources Inc. and New York-based holding company Harbinger Group Inc. (HGI) have formed a partnership to exploit Exco assets in East Texas, North Louisiana and West Texas in a deal worth $725 million. It gives HGI a foothold in energy that is also a bet on rising natural gas prices.

November 6, 2012

El Paso Offering Capacity to Mexico

Kinder Morgan’s El Paso Natural Gas Co. LLC (EPNG) is holding a binding open season for a proposed new pipeline that would extend from its South Mainline System near Tucson, AZ, to the U.S.-Mexico border near Sasabe, AZ.

October 19, 2012
NuStar Holding Open Season for Niobrara Crude Project

NuStar Holding Open Season for Niobrara Crude Project

NuStar Logistics LP, an affiliate of NuStar Energy LP, is holding a binding open season for firm priority space to transport crude petroleum from the Niobrara Shale near Platteville and Watkins, CO, to Wichita Falls, TX.

October 18, 2012

Industry Briefs

Ryckman Creek Resources LLC, a unit of Peregrine Midstream Partners LLC, is holding a nonbinding open season through Nov. 2 for up to 8 Bcf of firm, high-deliverability, multi-cycle gas storage capacity available April 1 at the company’s new facility in Uinta County, WY, near the Opal Hub (see Daily GPI, Aug. 22). Ryckman Creek has interconnections with five interstate pipelines, all of which are connected to the Opal Hub. Combined meter capacity is in excess of 1 Bcf/d. For information, visit www.peregrinempllc.com or contact Jeff Foutch, jhfoutch@peregrinempllc.com, (713) 974-5606; Don Wash, dwash@peregrinempllc.com, (713) 750-9939; or Chuck Sawyer, csawyer@peregrinempllc.com, (720) 359-1589.

October 4, 2012

Industry Briefs

Oneok Partners LP is holding an open season through Nov. 20 for its Bakken Crude Express Pipeline, a proposed 1,300-mile pipeline with capacity to transport 200,000 b/d of light-sweet crude oil from multiple points in the Williston Basin’s Bakken Shale in North Dakota and Montana to the crude oil market hub in Cushing, OK (see Shale Daily, April 10). Construction is expected to begin in early 2014 and be completed by mid-2015. For information, visit the project website or contact Lisa Nishimuta at (918) 588-7730, lisa.nishimuta@oneok.com; or Tim King at (918) 732-1339, tim.king@oneok.com.

September 25, 2012

Industry Briefs

Enterprise Products Partners LP is holding a binding open commitment period through Sept. 27 for capacity on the Appalachia-to-Texas (Atex Express) pipeline. The 1,230-mile system will deliver ethane from the Marcellus and Utica shale areas of Pennsylvania, West Virginia and Ohio to Mont Belvieu, TX (see Shale Daily, Jan. 5). “While the long-term commitments we already have are more than sufficient to proceed with the development of Atex Express pipeline, we continue to receive steady interest from other producers seeking long-term transportation capacity,” said Jim Teague, chief operating officer of Enterprise’s general partner. For information contact Russ Kovin at (713)381-7925, or rkovin@eprod.com.

September 4, 2012

FERC to Focus on 2011 Southwest Outages, Curtailments

FERC Monday said it is holding a technical conference in late September to discuss actions that industry has taken in response to an August 2011 report on the weather-driven power outages and natural gas curtailments in early 2011.

August 28, 2012

Questar Seeks Open Season Support for Wyoming Compressor Upgrade

Questar Pipeline Co. is holding a binding open season through Sept. 10 for capacity that will be created by new replacement compressor facilities at its existing Simon Station in Sweetwater County, WY.

August 15, 2012

Questar Seeks Open Season Support for Wyoming Compressor Upgrade

Questar Pipeline Co. is holding a binding open season through Sept. 10 for capacity that will be created by new replacement compressor facilities at its existing Simon Station in Sweetwater County, WY.

August 15, 2012