UGI Energy Services Inc. and Capitol Energy Ventures Corp. have taken firm capacity on the proposed Commonwealth Pipeline, making them anchor shippers on the project, which is sponsored by Inergy Midstream LP, UGI Energy and Capitol Energy. The contracts are for 10 years at negotiated rates. Commonwealth would provide a path for bringing gas produced in the Marcellus and Utica shale plays to markets in central and southeastern Pennsylvania and the greater Mid-Atlantic region (see Shale Daily, May 8). The proposed interstate pipeline will consist initially of 120 miles of 30-inch diameter pipeline extending from the southern terminus of the Inergy Midstream’s MARC I Pipeline in Lycoming County, PA, to several points of interconnection in southeastern Pennsylvania with other interstate pipelines, including NiSource Gas Transmission and Storage, Texas Eastern Transmission Co., Transco Pipeline, and Eastern Shore Natural Gas Co.
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U.S. Onshore Still Tops for Investment, Says Tudor
The onshore United States “remains the No. 1 place for investment” and the likelihood for future deal making “remains high,” according to Tudor, Pickering, Holt & Co. (TPH) CEO Bobby Tudor.
California Plans for Long-Term Nuclear Plant Loss
California’s electricity grid operator last week indicated it was making plans for a long-term loss of the 2,200 MW San Onofre Nuclear Generating Station (Songs), which is now in its eighth month out of service with no prospects for a resumption of operations.
Cabot Hits Record Output in Marcellus
Cabot Oil & Gas Corp. announced Tuesday that its gross production in the Marcellus Shale has averaged more than 700 MMcf/d for the last two weeks, hitting a record 752 MMcf for one 24-hour period.
Economic Sense Has BC Gas Heading to Asia, Report Finds
Asian markets offer the best financial outlet for the abundant natural gas supplies in British Columbia (BC), the Canadian Energy Research Institute (CERI) has concluded in a new report.
Utica Geology Slowly Dividing Companies Into ‘Winners’ and ‘Losers’
As energy companies begin collecting production data from the few wells drilled so far in Ohio’s portion of the Utica Shale, a picture is starting to emerge that company executives and industry experts agree will determine how, where and when the play will ultimately be developed.
July Hottest Month Ever For Lower 48
The average temperature for the contiguous United States last month was 77.6 degrees, or 3.3 degrees above the 20th century average, making it the hottest month on record for the nation, according to the National Oceanic and Atmospheric Administration’s (NOAA) National Climatic Data Center (NCDC).
New York Governor Said to Still Back Some Fracking
New York Gov. Andrew Cuomo is reportedly close to making a public endorsement of high-volume hydraulic fracturing (HVHF) and will unveil a plan to allow the practice on a limited scale initially, but under strict regulation and only in localities that welcome it.
July Hottest Month Ever For Lower 48
The average temperature for the contiguous United States last month was 77.6 degrees, or 3.3 degrees above the 20th century average, making it the hottest month on record for the nation, according to the National Oceanic and Atmospheric Administration’s (NOAA) National Climatic Data Center (NCDC).
NY’s Cuomo Edging Toward Limited Shale Drilling
New York Gov. Andrew Cuomo is reportedly close to making a public endorsement of high-volume hydraulic fracturing (HVHF) and will unveil a plan to allow the practice on a limited scale initially, but under strict regulation and only in localities that welcome it.