Place

Canaccord Genuity: ‘Fundamentals in Place’ For $4 Gas

Robust demand from the power generation sector has helped to rebalance the natural gas market and fundamentals are in place for prices to increase to “at least $4[/Mcf] this winter,” according to Canaccord Genuity analyst John Gerdes.

September 18, 2012

Pennsylvania Township Blasts State Review of Local Drilling Ordinances

An attorney representing a Pennsylvania township that is challenging Act 13, the omnibus Marcellus Shale law, said the state Public Utility Commission (PUC) has no authority to review local drilling ordinances, and accused the agency of acting with “malicious intent” by doing so.

September 12, 2012

Dominion Project to Alleviate WV, PA Bottleneck Comes Online

FERC Friday gave Dominion Transmission Inc. (DTI) the go-ahead to place into service its Appalachian Gateway pipeline, which will loosen a bottleneck to allow for the transportation of shale and conventional natural gas production from West Virginia and southwestern Pennsylvania to growing markets in the Mid-Atlantic and Northeast. The facilities were to begin service on Saturday (Sept. 1), said DTI spokesman Dan Donovan.

September 4, 2012

Colorado Town Ends Drilling Moratorium, Notches Stringent Agreements

Erie, CO, officials voted 6-1 Monday night to end a six-month moratorium on new oil and natural gas drilling after securing agreements with producers that place stricter regulations on their operations.

August 30, 2012

First Phase of Transco Mid-South Expansion Cleared for Service

FERC has given Transcontinental Gas Pipe Line (Transco) the go-ahead to place into service the remaining facilities that are part of the first phase of its 225,000 Dth/d expansion of its system to serve growing natural gas markets in the Southeast region.

August 30, 2012

FERC Clears Second Mississippi Hub Storage Cavern for Service

Sempra Energy subsidiary Sempra U.S. Gas & Power LLC has received authorization from the Federal Energy Regulatory Commission to place a second underground natural gas storage cavern into service at its Mississippi Hub Storage facility located in Simpson County, MS.

August 24, 2012

FERC OKs More Storage Service in Eastern Mississippi

FERC has approved a request to place into service a fourth storage cavern at the Southern Pines Energy Center in eastern Mississippi. The project originally was proposed by Houston-based SG Resources Mississippi LLC, but it was acquired by PAA Natural Gas Storage LP (PNG) for $750 million in early 2011 (see Daily GPI, Dec. 30, 2010).

August 6, 2012

Five-Fold Expansion of LNG Facility in Marcellus Cleared for Service

FERC Tuesday gave the go-ahead for UGI LNG Inc., a subsidiary of Pennsylvania midstream operator UGI Energy Services Inc., to place into service the expansion of its Temple liquefied natural gas (LNG) storage facility in Berks County, PA.

August 2, 2012

North American Oil Supply Growth Reveals ‘Infrastructure Mismatches’

North America’s burgeoning unconventional oil supplies have created “considerable investment needs” because pipelines are in the “wrong place carrying crude in the wrong direction and/or transporting the wrong products,” according to a review by Ernst & Young LLP.

July 31, 2012

FERC OKs Start-Up of Wyoming Northwest Relocation Project

FERC has approved Northwest Pipeline GP’s request to place into service two new pipelines that were relocated away from the Chevron Mining operations in Wyoming, which the pipeline company claims were responsible for causing cracks in its existing system.

July 31, 2012
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