Miles

Enterprise Products Partners LP said Tuesday a ruptured section of pipe about 15 miles south of Godley, TX, on its partially owned North Texas system has been isolated to stop the flow of natural gas and taken out of service.

The U.S. Coast Guard (USCG) Wednesday afternoon was responding to an explosion and fire aboard a mobile offshore drilling unit 42 miles southeast of Venice, LA, in the Gulf of Mexico (GOM). The explosion occurred about 10 p.m. Tuesday aboard Transocean Ltd.’s semisubmersible Deepwater Horizon.

The U.S. Coast Guard (USCG) Wednesday afternoon was responding to an explosion and fire aboard a mobile offshore drilling unit 42 miles southeast of Venice, LA, in the Gulf of Mexico (GOM). The explosion occurred about 10 p.m. Tuesday aboard Transocean Ltd.’s semisubmersible Deepwater Horizon.

ENSTOR is holding a nonbinding open season through March 12 for firm storage service at its Houston Hub Storage Project under development 30 miles northeast of Houston.

ENSTOR is holding a nonbinding open season through March 12 for firm storage service at its Houston Hub Storage Project under development 30 miles northeast of Houston.

Chevron Corp.’s Chevron Australia Pty. Ltd. announced an additional gas discovery in the Carnarvon Basin offshore Western Australia.

Gastar Exploration Ltd. has sold its majority interest in the Hilltop Resort Gathering System to US Infrastructure LP (USI). The Hilltop Resort Gathering System is composed of 20 miles of gas pipeline extending through Robertson and Leon Counties, TX, with a gathering capacity of 120 MMcf/d. The system is connected to 24 Gastar-operated wells, which produce from the middle and lower Bossier and Knowles formations in East Texas. Gastar received approximately $21.7 million, net of costs and expenses associated with the transaction. “The sale of our stake in the Hilltop system provides an attractive return on our investment and additional liquidity to pursue our drilling plans in East Texas and the Marcellus Shale while maintaining a very low level of leverage,” said Gastar CEO J. Russell Porter. USI partnered with Metalmark Capital to finance the transaction.

Tricor Ten Section Hub LLC said a nonbinding open season for its planned storage project in southern Kern County 10 miles southwest of Bakersfield, CA, which closed Sept. 30, resulted in “significant over subscription for firm service,” as well as additional bids for interruptible and hub services.

NGAS Resources Inc. of Lexington, KY, has closed the sale of its remaining 50% interest in 485 miles of Appalachian gas gathering facilities to Seminole Energy Services (SES) for $22 million. The purchase price was $7.5 million at closing, with the balance of $14.5 million payable by SES in monthly installments through December 2011. The sale completed a mid-July monetization of the initial half interest in the gathering system to a subsidiary of SES for $28 million and was triggered by NGAS’ exercise of put rights that it acquired at that time. “The sale of the remaining interest in this portion of our Appalachian gathering system provides further liquidity to take advantage of our significant development opportunities,” said NGAS CEO William S. Daugherty. “In addition to monetizing this asset and remaining as operator of the gathering system, our firm capacity rights ensure long-term deliverability for our Appalachian gas production.” The gathering system spans parts of southeastern Kentucky, eastern Tennessee and western Virginia, and interconnects with Spectra Energy Partners’ East Tennessee Natural Gas pipeline network. NGAS retained long-term operating rights and firm capacity rights of 30 MMcf/d in the gathering system.