Partnership

Regency Energy Partners’ Haynesville Expansion Project and Red River Lateral are now in service, the partnership and its partners said last Wednesday. The projects increase capacity of the Regency Intrastate Gas System (RIGS) to approximately 2.1 Bcf/d by the addition of about 1.2 Bcf/d of transport capability.

Regency Energy Partners’ Haynesville Expansion Project and Red River Lateral are now in service, the partnership and its partners said Wednesday. The projects increase capacity of the Regency Intrastate Gas System (RIGS) to approximately 2.1 Bcf/d by the addition of about 1.2 Bcf/d of transport capability.

Regency Energy Partners’ Haynesville Expansion Project and Red River Lateral are now in service, the partnership and its partners said Wednesday. The projects increase capacity of the Regency Intrastate Gas System (RIGS) to approximately 2.1 Bcf/d by the addition of about 1.2 Bcf/d of transport capability.

Enterprise Products Partners LP and TEPPCO Partners LP have completed their merger, making Enterprise the nation’s largest publicly traded partnership with an enterprise value of approximately $30 billion, 48,000 miles of pipelines and market capitalization of $18 billion, it said Monday.

DCP Midstream LLC and its master limited partnership DCP Midstream Partners LP restored operations at their gas processing complex and residue gas delivery system, known as the Carthage Hub, in East Texas, following a Feb. 11 explosion and fire resulting from a third-party pipeline rupture. Production was temporarily shut in at the processing complex and the residue gas delivery system following the incident (see NGI, Feb. 16), which occurred just outside DCP Midstream’s property. The aboveground residue delivery system was damaged in the fire and remained partially shut in as a result of the 16-inch pipeline rupture, the company said last month (see NGI, March 2). The complex consists of five gas processing plants with capacity of approximately 780 MMcf/d. The Carthage Hub has approximately 1.5 Bcf/d of delivery capacity. The East Texas joint venture facilities are operated by DCP Midstream and owned 75% by DCP Midstream and 25% by DCP Midstream Partners. As previously announced, DCP Midstream Partners has agreed to acquire an additional 25.1% interest in the East Texas joint venture from DCP Midstream in a transaction expected to close in April.

DCP Midstream LLC and its master limited partnership DCP Midstream Partners LP have restored operations at their gas processing complex and residue gas delivery system, known as the Carthage Hub, in East Texas, following a Feb. 11 explosion and fire resulting from a third-party pipeline rupture.

Chesapeake Energy Corp. is contemplating how to structure a possible partnership for its South Texas conventional natural gas leasehold, which, instead of selling an outright stake in the assets, as has been the company’s recent modus operandi, it instead may use a volumetric production payment (VPP) transaction, giving the buyer some oil and natural gas output in exchange for cash.

Representatives of the United States Climate Action Partnership (USCAP), an alliance of businesses and environmental groups that has called for legislation to reduce greenhouse gas (GHG) emissions, on Tuesday called on Congress and the incoming Obama administration to pass climate protection legislation next year.

Chesapeake Energy Corp. is contemplating how to structure a possible partnership for its South Texas conventional natural gas leasehold, the company’s CFO said Friday. Instead of selling an outright stake in the assets, as has been Chesapeake’s recent modus operandi, it instead may use a volumetric production payment (VPP) transaction, which would give the buyer some oil and natural gas output in exchange for cash.