Increased demand from Eagle Ford Shale producers and new gathering and processing agreements support the construction of an additional 300 MMcf/d of processing capacity at Enterprise Products Partners LP’s cryogenic gas processing facility in Lavaca County, TX, the partnership said. It is planning to construct 62 miles of 24-inch diameter and 30-inch diameter pipeline loops and increasing compression horsepower. The expansion is expected to begin service in the first quarter of 2013. Enterprise is currently constructing its Eagle Ford rich natural gas mainline system and associated laterals consisting of about 300 miles of pipeline and representing gathering and transportation capacity of more than 600 MMcf/d (see Shale Daily, Aug. 10). The Yoakum facility currently has 600 MMcf/d of capacity under construction, which is expected to begin service during the second quarter of 2012. With the additional 300 MMcf/d train, the plant will have total capacity of 900 MMcf/d when service begins, which is expected in the first quarter of 2013.
Outright
Articles from Outright
Cove Point LNG Request ‘Rejected Outright’
FERC has “rejected outright” Dominion Cove Point LNG LP’s (DCP) interpretation of its existing tariff and proposed tariff revisions that would permit it to issue an operational flow order (OFO) requiring shippers to deliver liquefied natural gas (LNG) by tanker to its import terminal to keep the cryogenic portion of the terminal cooled.
Cove Point’s Plea for OFO Authority on LNG ‘Rejected Outright’
FERC has “rejected outright” Dominion Cove Point LNG LP’s (DCP) interpretation of its existing tariff and proposed tariff revisions that would permit it to issue an operational flow order (OFO) requiring shippers to deliver liquefied natural gas (LNG) by tanker to its import terminal to keep the cryogenic portion of the terminal cooled.
EQT Official: Industry Must Educate ‘One-on-One’
The Marcellus Shale industry shouldn’t discount new regulations outright, according to the head of one major midstream player.
EQT Official: Industry Must Educate ‘One-on-One’
The Marcellus Shale industry shouldn’t discount new regulations outright, according to the head of one major midstream player.
New Jersey Lawmakers Move to Ban Hydrofracking
Even though there is no gas drilling in the state, several New Jersey lawmakers are proceeding with a bill to ban hydraulic fracturing (hydrofracking) and plan to vote next week on a resolution urging neighboring states to enact fracking moratoriums to protect the water supply.
SM Energy Homing In On Eagle Ford Shale
SM Energy Co. said it plans to spend $1.04 billion next year, $830 million of that on drilling, mostly in the Eagle Ford Shale and the Bakken/Three Forks in the Williston Basin. The company’s putting its money in “all the right places,” according to an analyst at Tudor, Pickering, Holt & Co. Securities Inc.
Technical Support Holds as Storm Brews; November Slides 5 Cents
November natural gas futures continued to retreat as traders noted that much of the direction of the market was determined as much by spread trading as the trading of outright positions. At the close November futures fell 5.0 cents to $3.601 and December shed 3.6 cents to $4.010. November crude oil skidded 45 cents to $82.21/bbl.
Weaver’s Cove Urges FERC to Reject Navy’s Intervention Bid
The sponsors of Weaver’s Cove liquefied natural gas (LNG) project have called on FERC to reject “outright” the U.S. Navy’s request for late intervention in the controversial case to site the proposed terminal in Fall River, MA.
Storage Offers No Respite as Futures Notch 30-Month High
While an outright bearish natural gas storage report was needed to stem the recent meteoric rise in futures prices, traders received no such help Thursday morning as the Energy Information Administration (EIA) reported a slightly bullish 43 Bcf injection for the week ended Aug. 5.
