Operate

LNG Exports Not in Constitution Pipeline’s Plans

Constitution Pipeline Co. LLC’s proposal to build and operate a 121-mile long, 30-inch diameter pipeline between Susquehanna County, PA and Schoharie County, NY, does not include plans to service liquefied natural gas (LNG) export facilities, the Houston-based company said in a filing with FERC.

August 16, 2012

Constitution Pipeline: No LNG Export Plans

Constitution Pipeline Co. LLC’s proposal to build and operate a 121-mile long, 30-inch diameter pipeline between Susquehanna County, PA and Schoharie County, NY, does not include plans to service liquefied natural gas (LNG) export facilities, the Houston-based company said in a filing with FERC.

August 16, 2012

Oneok: Ethane Inventories Declining Through Year

Excess ethane inventories are being worked off as maintenance at petrochemical facilities is completed. Ethane inventories are expected to decline for the remainder of the year while petrochemical plants operate at high utilization and rely upon ethane as their primary feedstock, Oneok Partners President Terry Spencer said during an earnings conference call last Wednesday.

August 6, 2012

Oneok: Ethane Inventories Declining Through Year

Excess ethane inventories are being worked off as maintenance at petrochemical facilities is completed. Ethane inventories are expected to decline for the remainder of the year while petrochemical plants operate at high utilization and rely upon ethane as their primary feedstock, Oneok Partners President Terry Spencer said during an earnings conference call Wednesday.

August 3, 2012

Whiting Increasing Its Presence in Emerging Shale Plays

Officials with Whiting Petroleum Corp. said the company is poised to meet its production guidance for the year, with increased drilling in emerging shale plays and a slight increase in capital expenditures (capex).

July 31, 2012

Piceance Basin Operations Survive Colorado Wildfire

Although among the smaller, less-life threatening of Colorado’s wildfires so far this summer, the Pine Ridge fire along the Western Slope tested the gas industry with the shutting in of more than 100 wells in part of the Piceance Basin (see Shale Daily, July 9), but the response was effective and expected by the gas industry, according to Encana Corp.’s manager in charge on the ground, David Grisso.

July 16, 2012

Upstream Capital, Operating Costs Up Sharply

The costs to build and operate upstream natural gas and oil facilities are escalating and should continue to move up, driven by increased costs in drilling rig dayrates, equipment and oilfield services, according to IHS Inc.

July 9, 2012

Upstream Facility Capital, Operating Costs Up Sharply

The costs to build and operate upstream natural gas and oil facilities appear to be escalating and should continue to rise, driven by increased costs in drilling rig dayrates, equipment and oilfield services, according to IHS Inc.

July 5, 2012

Energy Transfer Looks to Liquids with Sunoco Buy

Producers have eschewed dry gas in favor of more lucrative oil and liquids-rich production, and midstream operators are following them. Energy Transfer Partners LP (ETP) is buying Sunoco Inc. for $5.3 billion in a deal intended give it oil and liquids business and a presence in the Marcellus Shale.

May 1, 2012

Wyoming Governor: Fracking Shouldn’t Be Political

Wyoming Gov. Matt Mead has extended an olive branch to Environmental Protection Agency (EPA) officials in the dispute over preliminary results from two federally managed groundwater test wells near Pavillion, WY, and the shallow hydraulic fracturing (fracking) of natural gas wells that dominate that portion of the state (see Shale Daily, Dec. 9, 2011).

February 8, 2012