Veresen Inc. said the Cutbank Ridge Partnership (CRP), a joint venture of Encana Corp. (60%) and Mitsubishi Corp. (40%), has approved the company’s proposed $715 million Tower rich natural gas processing plant in the Montney Shale in northeast British Columbia (BC).
Articles from Mmcf/D
At about 10 a.m. CST Thursday a fire broke out at the 300 MMcf/d Ramsey Natural Gas Processing Plant in the Delaware Basin near Orla, TX. The plant is owned by Western Gas Partners LP, a unit of Anadarko Petroleum Corp.
November natural gas is set to open a penny higher Thursday morning at $2.48 as traders ready for a government inventory report that is expected to continue the trend of above-average storage builds. Overnight oil markets were mixed.
Stone Energy Corp. has shut-in its largest field in the Appalachian Basin, curtailing between 100 and 110 MMcfe/d of Marcellus Shale production to offset low commodity prices and negative differentials that had reached “unacceptable levels,” the company said.
Across the Lower 48, the seven major oil and natural gas basins have seen a clear decline overall in production, but new-well output per rig — natural gas and oil — is strengthening, the Energy Information Administration said Monday.
Oneok Partners LP said it will expand capacity on its intrastate WesTex Transmission system by 260 MMcf/d as part of a broader plan to increase access to markets in Mexico for gas from West Texas and the Midcontinent.
The output of Appalachian producers moving to the Midwest on the large-diameter Rockies Express Pipeline (REX) pipeline’s Zone 3 will be felt throughout much of the continental pipeline network, thanks to the robust and growing connectivity of REX.
The flood of natural gas that will exit Appalachia for the Midwest when Rockies Express Pipeline (REX) brings online new reverse capacity in its easternmost segment (Zone 3) is expected to rearrange markets around much of the continental pipeline network.
New horizontal drilling and hydraulic fracturing technology has made a big difference in production from new wells, the Energy Information Administration reported this week.
U.S. natural gas production is expected to be higher in August from a year ago in six of seven major onshore basins, but output has begun to weaken as associated production slumps from the pullback in oil drilling, according to data compiled by the Energy Information Administration (EIA).