Producers in the booming Bakken Shale are getting their wish for more infrastructure with the announcement Friday that a unit of Plains All American Pipeline LP (PAA) will construct a cryogenic gas processing plant to serve them. Separately, Alliance Pipeline has filed for a FERC certificate for its previously announced Tioga Lateral project.
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Officials from one of two Colorado cities to halt hydraulic fracturing (fracking) within its boundaries, Commerce City, heard from a panel of experts that a permanent ban against the oil/gas industry drilling technology is not possible, and besides, the state already closely regulates the practice.
The Marcellus Shale is the eastern United States’ new natural gas supply source of choice, and Williams is in the process of developing a new pipeline to connect supply with market via Williams’ existing Transcontinental Gas Pipe Line (Transco).
Western Gas Partners LP. agreed to acquire the Red Desert Complex and related assets, primarily located in the greater Green River Basin of southwestern Wyoming from parent Anadarko Petroleum Corp. for $483 million. Included in the purchase is Anadarko’s 100% ownership interest in Mountain Gas Resources LLC (MGR), which owns the Red Desert Complex, a 22% interest in Rendezvous Gas Services LLC and related facilities. Red Desert represents most of MGR’s cash flow (90%) and includes the Patrick Draw processing plant with a capacity of 125 MMcf/d, the Red Desert processing plant with a capacity of 48 MMcf/d, 1,295 miles of gathering lines and related facilities. Rendezvous owns a 338-mile mainline gathering system serving the Jonah and Pinedale Anticline fields in southwestern Wyoming, which delivers gas to WES’s Granger Complex and other locations. Red Desert and Rendezvous together are expected to generate more than 98% of MGR’s operating cash flows. The acquisition is scheduled to close in January.
Western Gas Partners LP (WES) on Thursday agreed to acquire the Red Desert Complex and related assets, primarily located in the greater Green River Basin of southwestern Wyoming, from parent Anadarko Petroleum Corp. for $483 million.
More than two months after a judge ruled that its ordinance banning hydraulic fracturing (fracking) was illegal, the city of Morgantown, WV, has decided to table, not outright rescind, the measure as it looks for other ways to restrict the practice.
Price divergence in Tennessee Gas Pipeline’s Zone 4 in northeastern Pennsylvania is one of those things that gets worse before it gets better.
A major Pennsylvania water company said “a full battery of tests” found no harmful impact on supplies from Marcellus Shale development.
Escondido Resources II LLC of Midland, TX, has sold 11,050 net acres in the Eagle Ford Shale for $115.3 million. The sale consists of three distinct blocks of acreage located mainly in La Salle County in South Texas, Escondido said Tuesday.
A bill moving through the Pennsylvania General Assembly would give state regulators more oversight over intrastate pipelines, but the sponsor of the legislation wants to expand it to include gathering lines in remote areas that aren’t currently regulated.