Infrastructure

Raising concerns of infrastructure and costs regarding the state’s 33% renewable portfolio standard (RPS) goal for 2020, Edison International CEO Ted Craver said last Monday his company’s utility is focusing on building new transmission and resolving the current uncertainty surrounding the state’s fleet of 20 coastal natural gas-fired generation plants. Craver made the comments in a first quarter earnings conference call with financial analysts.

Raising concerns of infrastructure and costs regarding the state’s 33% renewable portfolio standard (RPS) goal for 2020, Edison International CEO Ted Craver said Monday his company’s utility is focusing on building new transmission and resolving the current uncertainty surrounding the state’s fleet of 20 coastal natural gas-fired generation plants. Craver made the comments in a first quarter earnings conference call with financial analysts.

Following the successful completion of its initial open season to sell firm storage services from natural gas storage assets located in north-central Pennsylvania, UGI Storage Co. commenced service April 1 for winning bidders, including Virginia Power Energy Marketing, UGI Central Penn Gas (UGI CPG), J. Aron/Goldman Sachs and New Jersey Resources Energy Services, the Reading, PA-based company said.

Two more infrastructure projects to target growing crude oil production from the Eagle Ford Shale of South Texas have been announced.

The pace of infrastructure development to serve producers in the Eagle Ford Shale in South Texas continues with two separate projects targeting services for crude oil and condensate.

CenterPoint Energy Inc. reported last week that progress was being made on several infrastructure projects, with more under consideration in its field services division, and the company could consider a master limited partnership (MLP) for the midstream to help finance future expansion.

CenterPoint Energy Inc. reported Tuesday that progress was being made on several infrastructure projects, with more under consideration in its field services division, and the company could consider a master limited partnership (MLP) for the midstream to help finance future expansion.

The Keystone Energy Forum (KEF), an alliance of the American Petroleum Institute (API) and the Pennsylvania Independent Oil and Gas Association (PIOGA), was rolled out recently to disseminate “factual” information about Marcellus Shale drilling activities in Pennsylvania.

EXCO Resources Inc. grew oil and natural gas production by 70% in the fourth quarter compared to the year-ago period, the company said. In 4Q2010 EXCO produced 32.2 Bcfe, or 350 MMcfe/d. Expectations are that 2011 production will average 520-580 MMcfe/d.