Midcoast Energy LLC is holding a nonbinding open season through Sept. 14 to gauge support for CJ Express, a natural gas pipeline that would transport supply from the Haynesville Shale in East Texas to the Houston Ship Channel and markets along the Gulf Coast.
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Calgary-based Enbridge Inc. on Wednesday announced that it has agreed to sell its Midcoast Operating, L.P. (Midcoast) midstream unit and related subsidiaries to AL Midcoast Holdings, LLC (AL Midcoast), an affiliate of ArcLight Capital Partners, LLC., in an all-cash deal for US$1.12 billion.
Activity in the emerging Eaglebine Shale of East Texas has prompted Midcoast Energy Partners LP to enter the play through an acquisition and an expansion project, the company said Monday.
Midcoast Energy Resources said its wholly owned Louisianaintrastate pipeline subsidiary, Creole Gas Pipeline, has reached along-term agreement with Chevron Chemical Co. to provide gas supplyto Chevron’s Oak Point plant in Belle Chasse, LA. The five-yearpact calls for Creole to provide Chevron with 9,500 MMBtu/d of gas,or about 90% of the total requirements of the Oak Point plant.Creole will construct a new seven-mile pipeline to provide theservice, which will start in September. Creole provides gastransportation services to major industrial customers in the NewOrleans area.