Hydrocarbons

Halcon Jumps Into Northern Eagle Ford with Australian Explorer

Australia’s Austin Exploration Ltd. has struck an agreement for Houston-based Halcon Resources Corp. to participate in its Birch Project in the northeastern Eagle Ford Shale. Halcon’s founders are Eagle Ford veterans, having pioneered the play with a previous company.

August 1, 2013

U.S.-Mexico GOM Boundary Pact Clears House Panel

The House Natural Resources Committee Wednesday voted out legislation to approve and implement the terms of the U.S.-Mexico transboundary hydrocarbons agreement that governs the development of shared oil and gas resources along the countries’ maritime boundary in the Gulf of Mexico (GOM).

May 17, 2013

Nebraska: Keystone XL Alternate Route Ruling Imminent

A final evaluation by Nebraska environmental officials is expected during early January regarding TransCanada Corp.’s alternative route for its proposed Keystone XL oil pipeline to avoid environmentally sensitive areas in the Sand Hills region of the state.

January 4, 2013

Crosstex Expanding Louisiana NGL Facilities

Crosstex Energy LP is proceeding with Phase II of its Cajun-Sibon natural gas liquids (NGL) pipeline extension and fractionator expansion in Louisiana.

December 12, 2012

California Drafts Frack Rules but Drilling Tepid

California oil and natural gas regulators are collecting stakeholder input on proposed rules for hydraulic fracturing (fracking) but at this point, drilling in the state has been somewhat tepid from a year ago, according to the state Division of Oil, Gas and Geothermal Resources (DOGGR).

December 3, 2012

CenterPoint Builds Texas Midstream Business in Two Deals

A CenterPoint Energy Inc. subsidiary on Tuesday bulked up its East Texas and Northwest Louisiana natural gas gathering and processing business after completing two agreements worth a total of $364 million.

June 21, 2012

Small Producer, Unconventional Resources Grants Available

The Research Partnership to Secure Energy for America (RPSEA) is seeking requests for proposals (RFP) for its Small Producer Program and its Unconventional Resources Program.

December 30, 2011

Unconventional Research Focus of New Shell Collaboration

The Houston arm of Royal Dutch Shell plc and the University of Texas at Austin (UT) are teaming up to work on new and better ways to extract natural gas and oil from unconventional rock formations.

September 14, 2011

Transportation Notes

Tennessee said it is experiencing hydrocarbon dew point (HDP) temperatures in excess of its 20-degree limit upstream of Station 87 (Portland, TN) due to high levels of hydrocarbons in deliveries into the 500 Line and the limited ability of the Yscloskey Processing Plant to sufficiently process that gas. Targa Midstream, operator of the Yscloskey facility, has informed Tennessee that the plant should be back to full operation by mid to late May. As alternatives to imposing further corrective actions, Tennessee said it is exploring various short-term operational options that may allow continued flows in the affected area in a safe and reliable manner. However, Tennessee asked shippers and producers to consider what steps they may take voluntarily to conform deliveries into the 500 Line, including but not limited to seeking additional processing alternatives such as deliveries to the Toca and/or Discovery processing plants. “Tennessee strongly encourages customers to make these processing arrangements to ensure deliveries into the pipeline system will conform to Tennessee’s posted HDP limit,” the pipeline said. If HDP temperatures are not sufficiently lowered, Tennessee said it will initiate further corrective action to protect operational integrity.

May 8, 2006

Futures Fall on Technicals, Petroleum Sympathy

Trading on technical factors and influence from the liquid hydrocarbons, December natural gas futures explored lower on Tuesday. The prompt month notched a low on the day of $8.46 before settling at $8.567, down 15.3 cents on the session.

November 3, 2004
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