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Freeport LNG Slated for Environmental Review

FERC last week scheduled the Freeport LNG natural gas liquefaction and export project for environmental review with a final environmental impact statement (EIS) to be made available Dec. 27, which means it could be nearly a year before there is a final Commission decision on facilities construction.

May 27, 2013

FERC Sets Freeport LNG for Environmental Review

FERC has scheduled the Freeport LNG natural gas liquefaction and export project for environmental review with a final environmental impact statement (EIS) to be made available Dec. 27, which means it could be nearly a year before there is a final FERC decision on facilities construction.

May 24, 2013

Pioneer Proposes West Texas MLP Buyout

Pioneer Natural Resources Co. (PXD) has made a buyout offer to Pioneer Southwest Energy Partners LP(PSE) with the goal of consolidating the companies’ properties in the Midland Basin in West Texas.

May 13, 2013

Apache’s North American Onshore Output Jumps 45%

Apache Corp., which now claims to be the second biggest North American onshore operator, reported a 45% increase in total liquids output year/year in the United States and Canada, driven by a revamped drilling program in the legacy Permian and Anadarko basins.

May 10, 2013

Industry Briefs

The Millennium Pipeline Co. is holding a nonbinding open season through May 31 for firm transportation service under its existing rate schedule FT-1 to be made available with existing capacity and construction of at least one compressor station and 60 miles of new pipeline that would connect to the Dominion Transmission system near Cortland, NY, and the Tennessee Gas Pipeline System near Syracuse, NY. For information, contact Stan Brownell, brownell@millenniumpipeline.com.

May 9, 2013

PDC Production Up on Wattenberg Play; Liquids Hit Record

Citing drilling and acquisitions it made last year in the Wattenberg field north of Denver, PDC Energy Inc. on Wednesday reported a 19% jump in production in the first quarter, compared with the same period last year, and record output of more than 10,000 b/d of liquids.

May 6, 2013

Cash Points See Modest Losses; Storage Prompts Futures Free-Fall

Cash natural gas prices skidded about 4 cents Thursday as traders made sure they got their deals done prior to the release of storage data by the Energy Information Administration (EIA).

May 3, 2013

Pennsylvania Supreme Court Reaffirms Property Rights

The Pennsylvania Supreme Court reaffirmed the state’s 131-year history of mineral rights law on Wednesday, unanimously ruling in favor of a Susquehanna County couple that had filed suit over the rights to the Marcellus Shale gas under their property.

April 26, 2013

Industry Brief

U.S. Capital Advisors LLC (USCA) has made a $24.1 million preferred equity investment in newly formed Badger Midstream Energy LP. The investment from USCA clients combined with a “significant” investment from the company’s general partner and an additional outside investor allowed Badger Midstream to complete its acquisition of Midstream Energy Services LLC (MES), a private midstream company based in Tulsa, OK. MES and the contribution by High Point Energy LLC of 100% of Dry Trails Midstream Energy LLC will now form the base set of assets under Badger, the company said. “Our primary goal now is to increase the utilization, optimization, and performance of these combined assets, ” said Badger Midstream CEO Alex Bucher.

April 24, 2013

Arkansas Attorney General Looking Into ExxonMobil Oil Spill

Arkansas Attorney General Dustin McDaniel said Tuesday that his office has opened an investigation of a crude oil spill near Mayflower, AR, which ExxonMobil was working to clean up. The cause of the spill is still under investigation, but Exxon said the spill did not involve tar sands oil.

April 3, 2013