Permian Highway Pipeline

Natural gas futures reversed lower Wednesday as the intensity of frigid temperatures expected into the back half of December moderated somewhat in the latest forecasts. The January Nymex contract plunged 50.5 cents to settle at $6.430/MMBtu. At A Glance: Profit-taking driven by milder temps, Freeport ‘Potent Arctic blast’ still seen next week Cash plummets as…

Permian Highway Pipeline LLC (PHP) sanctioned a 550 MMcf/d natural gas expansion project to boost capacity for the 2.1 Bcf/d West Texas to Gulf Coast system. Using additional compression, the final investment decision (FID) would boost deliveries from the Waha area of West Texas to mainline connections near Houston and Gulf Coast markets. Pending required…

Permian Highway Pipeline LLC (PHP) this week launched a binding open season to solicit commitments for a project that would expand its capacity by about 650 MMcf/d, pending a final investment decision. The expansion would bring PHP’s total capacity to about 2.75 Bcf/d. Co-owner Kinder Morgan Inc. (KMI) announced the open season. Kinder Morgan Texas…

Even with a brief cold blast sneaking back into the December forecast, natural gas futures moved lower again on Tuesday. With a key spread flipping to negative, traders appeared to have closed the book on winter with weeks to go before the first verse of Auld Lang Syne is sung.  The January Nymex contract settled…

Kinder Morgan Inc.’s hotly contested Permian Highway Pipeline (PHP) is fully operational, moving associated gas volumes through a 430-mile pipeline from Waha in West Texas to Katy, outside of Houston, with connections to the Gulf Coast and Mexico markets. PHP was mechanically complete on Nov. 1, and the 2.1 Bcf/d conduit is expected to be…

Kinder Morgan Inc. has restarted construction activities along the Permian Highway Pipeline (PHP), one day after contractors discovered a “suspicious package” at a work site in Blanco, in the Texas Hill Country. Kinder immediately halted work in the immediate vicinity and secured the area after the “device” was found. The construction area was thoroughly inspected…

Kinder Morgan Inc. has filed a lawsuit challenging an ordinance enacted earlier this month by the City of Kyle, which sits in the path of the sanctioned 2 Bcf/d Permian Highway Pipeline (PHP), calling it another attempt to “hinder construction and impermissibly interfere.”