Exco Resources Inc. is paying Chesapeake Energy Corp. $1 billion for something wet and something dry: about 55,000 acres in the liquids-rich Eagle Ford Shale of Texas and about 9,600 acres in the drier Haynesville Shale in North Louisiana.
Articles from Nonbinding
Koch Pipeline Co. LP is holding a nonbinding open season for the Dakota Express Pipeline, which would carry crude oil from the Bakken Shale in western North Dakota to Hartford and Patoka, IL. A connection at Patoka to the Eastern Gulf Crude Access Pipeline to carry crude to Gulf Coast refineries is also contemplated.
The Millennium Pipeline Co. is holding a nonbinding open season through May 31 for firm transportation service under its existing rate schedule FT-1 to be made available with existing capacity and construction of at least one compressor station and 60 miles of new pipeline that would connect to the Dominion Transmission system near Cortland, NY, and the Tennessee Gas Pipeline System near Syracuse, NY. For information, contact Stan Brownell, email@example.com.
PAA Natural Gas Storage, parent of Pine Prairie Energy Center, on Monday said it successfully completed a nonbinding open season for bids on an aggregate of 12.5 Bcf of firm storage capacity with a starting date of April 1 during 2015, 2016 and 2017.
Equitrans LP is holding a nonbinding open season through March 13 for firm transmission and storage capacity on a system to be known as Allegheny Valley Connector, which would consist of transmission and storage assets that are expected to transfer to EQT Corp. as part of a transaction with Peoples Natural Gas Co. LLC. EQT is the parent of Equitrans through its EQT Midstream Partners LP. The system is in the Marcellus Shale region, and its primary function is to store and transport gas to Peoples interconnects, including gas for use by Peoples and other suppliers. Information is at www.eqtmidstreampartners.com.
Merchant Energy Holdings LLC is holding a nonbinding open season through Feb. 20 for up to 8 Bcf of firm, high-deliverability, multi-cycle working gas storage capacity available April 1 at its ECGS facility in Logan County, CO, about 90 miles east of the Cheyenne Hub. ECGS began operation in April and is completing its second phase of expansion, which includes additional injection/withdrawal wells, gathering and processing facilities and gas compression. ECGS is connected with Trailblazer Pipeline and has access to other major pipelines at the Cheyenne Hub. Total injection and withdrawal capability after the expansion will be more than 200,000 Dth/d. For information, visit www.mehllc.com or contact Scott Smith, (713) 403-6472, firstname.lastname@example.org; or Kevin Legg, (720) 351-4004, email@example.com.
Ryckman Creek Resources LLC, a unit of Peregrine Midstream Partners LLC, is holding a nonbinding open season through Nov. 2 for up to 8 Bcf of firm, high-deliverability, multi-cycle gas storage capacity available April 1 at the company’s new facility in Uinta County, WY, near the Opal Hub (see Daily GPI, Aug. 22). Ryckman Creek has interconnections with five interstate pipelines, all of which are connected to the Opal Hub. Combined meter capacity is in excess of 1 Bcf/d. For information, visit www.peregrinempllc.com or contact Jeff Foutch, firstname.lastname@example.org, (713) 974-5606; Don Wash, email@example.com, (713) 750-9939; or Chuck Sawyer, firstname.lastname@example.org, (720) 359-1589.
The Pennsylvania Public Utility Commission (PUC) issued its first two nonbinding advisory opinions on local drilling ordinances, part of its new responsibilities to ensure that localities are in compliance with Act 13, the state’s new omnibus Marcellus Shale law.