The pendulum was seen swinging back in a more prosperous direction for the country’s midstream and upstream operators during presentations and discussions at an industry conference in Pittsburgh on Wednesday and Thursday.
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Briefs — Cheniere Midstream Holdings Inc.
FERC staff will prepare an environmental impact statement for Cheniere Midstream Holdings Inc.’s proposed Midcontinent Supply Header Interstate Pipeline (MIDSHIP) project and is seeking public comment on the project [PF17-3]. It would carry 1.4 Bcf/d of natural gas to connect production out of the Anadarko Basin — namely the STACK (Sooner Trend of the Anadarko Basin, mostly in Canadian and Kingfisher counties) and SCOOP (South Central Oklahoma Oil Province) — to markets in the Gulf Coast. The Federal Energy Regulatory Commission will accept public comment through Feb. 27 and has scheduled public scoping sessions in Durant, OK, Feb. 13; Ardmore, OK, Feb. 14; Elmore City, OK, Feb. 15; and El Reno, OK, Feb. 16. Chenierepre-filed MIDSHIP with FERC in October.
Kinder Weathers Throughput Declines, Takes Writedown on Ruby Pipeline
The fourth quarter marked the second in a row that Kinder Morgan Inc. (KMI) took a writedown on natural gas pipeline assets. Revenue was down, again, on lower oil/natural gas throughput, but adjusted earnings were in line with Street expectations.
DOE: Energy Workforce Migrating From The Mine to The Patch
The coal mining workforce has declined since 2009, but employment in the nation’s oil and natural gas extraction industry — including support services — grew by 6%, from 369,691 workers to 392,869 total jobs, according to a new report from the U.S. Department of Energy (DOE).
Briefs — Multifuels LP
Multifuels Midstream Group LLC, a portfolio company of Warren Equity Partners, recently purchased 124 miles of high-pressure natural gas pipeline in central Texas from an unnamed master limited partnership. It said Thursday it will add new pipe, interconnects, gas measurement and pressure regulation to the system. The completed system will serve end-use customers in the Bastrop-to-Hallettsville, TX, corridor, via an anchor long-term contract. Construction is expected to be completed by end of 2018. The acquisition is Warren’s first add-on to its Multifuels platform investment, which was closed in January 2016 in partnership with Houston-based Multifuels LP to build an operating company focused on gas distribution to utility customers and other natural gas end-users.
Henry Hub Spot NatGas Prices Seen Heading Higher in 2017 Than December Forecast, EIA Says
U.S. natural gas prices are looking stronger today than they did in early December, with Henry Hub now expected to average $3.55/MMBtu in 2017, compared with last month’s forecast of $3.27, the U.S. Energy Information Administration (EIA) said Tuesday.
ExxonMobil Develops In-Line NatGas Dehydrator For Offshore, Onshore Operations
In what researchers claim is a “step-change in efficiency,” ExxonMobil Corp. has unveiled an in-line technology to dehydrate natural gas, which could reduce costs for pipeline transport in land-based and offshore operations.
Marcellus, Utica Main Drivers of U.S. NatGas Production Growth Through 2040, EIA Says
Estimated U.S. energy consumption in coming decades doesn’t vary much among a series of long-term projections released Thursday by the Energy Information Administration (EIA), but the fuel mix indicated in those cases would differ, and two prolific eastern shale plays will continue to bolster U.S. gas production, the agency said.
EPA Proposes Adding NatGas Processing to Toxics Database
After years of considering the idea, the U.S. Environmental Protection Agency (EPA) is proposing to add natural gas processors to a list of industrial facilities that must report annually information on chemical discharges and other waste management activities.
Ontario Commits Up to $270M to Boost NatGas Truck Fleets
The province of Ontario in Canada at year-end committed $200-$270 million to clean transportation, including its commercial trucking industry, for technology investments that will reduce the carbon emissions from heavy-duty trucks, and natural gas vehicles (NGV) comprise one of the major focuses for the program.