Missouri

Kinder Morgan Pony Express Pipeline LLC and Belle Fourche Pipeline Co. are holding an open season through June 20 for crude oil transportation from a point near Baker, MT, to delivery points at Ponca City and Cushing, OK. Pony Express and Belle Fourche anticipate the ability to transport 100,000 or more b/d beginning in the fourth quarter of 2014. The companies have secured a long-term anchor shipper commitment for a minimum of 30,000 b/d. For more information, contact John Eagleton at (303) 914-4702, Mike Smith at (303) 763-3484, Bob Mishler at (303) 914-7762, Tad True at (307) 237-9301 or Bob Stamp at (307) 266-0345. In separate open seasons, Pony Express will offer single pipeline (local) oil transportation service from the Guernsey, WY, area and from the Denver-Julesburg Basin. Last year Kinder Morgan proposed converting a 635-mile Wyoming to Missouri section of its former Pony Express Pipeline from natural gas service back to its original function of carrying crude oil (see Daily GPI, Aug. 8, 2011).

Dozens of applications for oil and gas wells and ancillary facilities in the Dakota Prairie and Little Missouri National Grasslands in North Dakota and South Dakota are among the infrastructure projects that will be expedited through permitting and environmental review processes, President Obama announced Tuesday.

It’s deja vu all over again as Kinder Morgan floats a proposal to convert a 635-mile Wyoming to Missouri section of its former Pony Express Pipeline from natural gas back to its original function of carrying crude oil. Chalk it up to the booming oil development in the Bakken and the Denver-Julesburg/Niobrara shales and a shrinking demand for Rockies gas in the East.

It’s deja vu all over again as Kinder Morgan floats a proposal to convert a 635-mile Wyoming to Missouri section of its former Pony Express Pipeline from natural gas back to its original function of carrying crude oil. Chalk it up to the booming oil development in the Bakken and the Denver-Julesburg/Niobrara shales and a shrinking demand for Rockies gas in the East.

The battle for Southern Union Co. continued Thursday after Williams countered by 10% a $40/share offer made earlier this month by Energy Transfer Equity LP (ETE), putting a $44/share cash deal on the table, which is worth a total enterprise value of $9.4 billion (see Shale Daily, July 6).

Researchers at Missouri University of Science and Technology are studying methods for extracting natural gas from tight sands and shale formations using a single-molecule imaging system.

Magnum Hunter Resources Corp. subsidiary Triad Hunter LLC is acquiring oil and gas properties and leasehold mineral interests in Wetzel and Lewis counties, WV, in the Marcellus Shale from Oklahoma City-based PostRock Energy Corp.

A coalition of 35 Republican senators led by Kay Bailey Hutchison of Texas, Kit Bond of Missouri and Lisa Murkowski of Alaska has called on the White House to tap new domestic oil and natural gas resources and to expeditiously complete the administration’s five-year plan for developing resources on the Outer Continental Shelf (OCS).

Hedge fund Pirate Capital LLC is suing to block Great Plains Energy Inc.’s acquisition of Aquila and its Missouri-based electric utility by Kansas City Power & Light (KCP&L) parent Great Plains Energy Inc. for about $1.7 billion in cash and stock plus assumption of $1 billion of Aquila debt.