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Crosstex Energy LP and Apache Corp. said they will invest $85 million in a newbuild natural gas processing facility in the Permian Basin in West Texas. The initial phase of the project will provide interim and long-term processing solutions, compression and residue gas takeaway for Apache’s Deadwood development in Glasscock County. Crosstex and Apache will fund the project equally and each hold a 50% working interest. Separately, Crosstex will buy and upgrade a nearby rail terminal to provide transportation of natural gas liquids to its Eunice fractionation facility in southern Louisiana.

Shale gas prices are likely to remain “reasonable” for years to come, despite possible upward pressure from hydraulic fracturing (fracking) issues, according to more than 700 executives and managers from utilities and other industry organizations who participated in a recent survey conducted by Black & Veatch.

Enbridge Energy Partners LP (EEP) plans to invest $175 million to expand its East Texas system to provide gathering, treating and transmission services for several major gas producers on the Texas side of the Haynesville Shale, the Houston-based partnership said Thursday.

Eagle Rock Energy Partners LP will purchase Tulsa-based CC Energy II, a portfolio company of Natural Gas Partners VIII LP that is also called Crow Creek Energy, for $525 million, the Houston-based partnership said Tuesday.

Williams plans to invest C$311 million to expand two Alberta facilities to support a long-term agreement with NOVA Chemicals Corp. to produce up to 17,000 b/d of ethane and ethylene.

Pennsylvania plans to invest $7.9 million in 21 alternative fuel projects, several to be powered by compressed natural gas (CNG), which could cut the state’s carbon dioxide (CO2) emissions by 14.5 million pounds, Gov. Ed Rendell said Tuesday.

Natural gas price bulls who were hanging their hats on winter cold to turn prices around might want to invest in a hat rack instead as MDA EarthSat Weather reported in a Nov. 1 update that much of the country will be warmer than first expected for the months of December through February. The outlook for March, however, did trend slightly cooler overall.

Natural gas price bulls who were hanging their hats on winter cold to turn prices around might want to invest in a hat rack instead as MDA EarthSat Weather reported in a Nov. 1 update that much of the country will be warmer than first expected for the months of December through February. The outlook for March, however, did trend slightly cooler overall.

ONEOK Partners LP plans to invest $300-355 million in natural gas-related projects in the Bakken Shale through 2012 to accommodate growing production, the Tulsa-based partnership said Monday.