With new liquids-rich properties in pocket, Linn Energy LLC said Monday it plans to spend $880 million in capital expenditures (capex) in 2012, with more than half allocated to the unconventional Granite Wash formation in Texas.
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UGI Bringing Marcellus Gas to Pennsylvania Customers
Natural gas produced from Marcellus Shale wells owned by Shell Upstream America and Ultra Petroleum Corp. has begun flowing through a UGI Central Penn Gas Inc. supply pipeline that feeds some 15,000 customers in Tioga, Bradford and Potter counties in Pennsylvania, according to the UGI Utilities Inc. subsidiary.
UGI Utilities Dropping Rates on Marcellus Production Spike
The low price of natural gas may be keeping producers up at night, but it’s helping some Pennsylvania consumers sleep easier.
Transportation Notes
Citing unplanned engine maintenance at Buttermilk Compressor Station in its Southwest Gathering Area, ANR said based on high line pressures and current operating conditions it was required to reduce receipt nominations at its CenterPoint interconnect in the area to zero Tuesday through Dec. 10.
Report: States Tougher on Pipelines than Feds
States take a harder line on natural gas and hazardous liquids pipeline safety than the federal government does, and most exceed federal requirements on pipeline operations, maintenance, and reporting provisions, according to new research by the National Association of Pipeline Safety Representatives (NAPSR).
Report: States Tougher on Pipelines than Feds
States take a harder line on natural gas and hazardous liquids pipeline safety than the federal government does, and most exceed federal requirements on pipeline operations, maintenance, and reporting provisions, according to new research by the National Association of Pipeline Safety Representatives (NAPSR).
Debt-Laden Junior Puts New York Acreage For Sale
Less than three months ago, Norse Energy Corp. ASA was the first company in line seeking permission to drill unconventional gas wells in New York’s portion of the Marcellus and Utica shales.
Range: $1.47B in Capital Spending Will Make 2012 Its ‘Breakout’ Year
Range Resources Corp. CEO John Pinkerton said he believes 2012 will be “a breakout year” for the company as it ramps up production in the Marcellus Shale and develops assets in other plays to replace those in the Barnett Shale that were sold in April.
Transportation Notes
Citing a possible leak, ANR said it is performing an unplanned pipe inspection on its 747 Line that requires the shut-in of four South Marsh Island meters offshore Louisiana.
Norse Pulling Out of New York; Puts Leasehold Up For Sale
Less than three months ago, Norse Energy Corp. ASA was the first company in line seeking permission to drill unconventional gas wells in New York’s portion of the Marcellus and Utica shales.