Philadelphia

Industry Briefs

Twin Eagle Resource Management LLC said it will market crude oil rail trans-loading capacity at GT Logistics LLC’s GT OmniPort facility in Port Arthur, TX. GT Logistics operates a unit train facility with about eight miles of track, 18 rail car unloading racks and a two-station barge dock. It maintains direct rail service with the Union Pacific and Burlington NorthernSanta Fe rail lines. The facility has direct access to the Intercoastal Waterway and will have deepwater access after further capital investment, the companies said. GT OmniPort began operations in September and has capacity of 100,000 b/d. Twin Eagle unit Enserco Midstream LLC plans to construct four crude oil storage tanks at the GT OmniPort facility that are expected to be operational in the third quarter. The parties intend to construct additional storage capacity and to establish pipeline connectivity with refiners and other markets in the area. GT OmniPort is adjacent to the Port Arthur refinery community, which has demand for about 2 million b/d of crude oil.

March 18, 2013

Investors Call on E&Ps Once Again to Disclose Drilling Risks

Investor groups for the fourth year in a row are urging some of the largest natural gas and oil producers in the United States to disclose information about how the risks involved with unconventional drilling operations are managed and measured. Some explorers also have been called on to disclose fugitive emissions from natural gas transmission.

February 7, 2013

Rail Transport Still Viable Alternative, Enbridge CEO Says

Citing its plans for expanding its reach from Canada and the Bakken to the U.S. East Coast, Enbridge Inc. reaffirmed its intention to use pipeline-to-rail strategies for expanding to the Philadelphia and other mid-Atlantic eastern markets during a conference call to unveil its latest financial and capital expansion plans to analysts and the news media.

December 11, 2012

Industry Briefs

Oneok Partners LP is holding an open season through Nov. 20 for its Bakken Crude Express Pipeline, a proposed 1,300-mile pipeline with capacity to transport 200,000 b/d of light-sweet crude oil from multiple points in the Williston Basin’s Bakken Shale in North Dakota and Montana to the crude oil market hub in Cushing, OK (see Shale Daily, April 10). Construction is expected to begin in early 2014 and be completed by mid-2015. For information, visit the project website or contact Lisa Nishimuta at (918) 588-7730, lisa.nishimuta@oneok.com; or Tim King at (918) 732-1339, tim.king@oneok.com.

September 25, 2012

EPA Appeals Board Remands Permits for Two Wastewater Wells

The U.S. Environmental Protection Agency’s (EPA) Environmental Appeals Board (EAB) has remanded permit applications for two wastewater disposal wells in Pennsylvania back to the agency’s Region 3 office in Philadelphia, on suspicion that inadequate testing of nearby drinking water wells was performed.

July 10, 2012

Pennsylvania Says Hands Off in South Newark Basin

Pennsylvania’s General Assembly moved with amazing speed in the closing days of June to install a drilling moratorium on upscale, ex-urban Philadelphia counties, attaching the provision in a must-pass budget measure (SB 1263) that Gov. Tom Corbett signed July 2.

July 9, 2012

Pennsylvania Adopts South Newark Basin Drilling Moratorium

Pennsylvania’s General Assembly moved with amazing speed late last week to install a drilling moratorium on upscale, ex-urban Philadelphia counties, attaching the provision in a must-pass budget measure (SB 1263) that Gov. Tom Corbett is expected to sign.

July 3, 2012

Marcellus Could Spark Life into Old Oil Complex, Says IHS

Marcellus Shale reserves may spark life into a shuttered, 110-year-old oil refinery complex south of Philadelphia that once supported nearly 500 jobs, according to IHS Inc. researchers.

June 29, 2012

Pennsylvania Cracker Tax Break Deal Could Total $1.675B

Pennsylvania Gov. Tom Corbett is reportedly seeking up to $1.675 billion in tax credits over the next 25 years for Royal Dutch Shell plc and other companies willing to locate an ethane cracker in the state.

June 6, 2012

Investors Rally for Bargain Buy in the Barnett

Investors apparently approved of Philadelphia-based Atlas Resource Partners LP’s deal to acquire 277 Bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale from Carrizo Oil & Gas. Atlas shares closed up 32% Friday following the deal’s announcement.

March 19, 2012