MarkWest Utica EMG LLC, a partnership between Appalachian midstream provider MarkWest Energy Partners LP and private equity fund The Energy and Minerals Group (EMG), has secured agreements to process and transport Gulfport Energy Corp.’s growing natural gas volumes from three eastern Ohio counties between now and 2014. The partners also are expanding one Utica Shale midstream facility and building a new plant to ensure producers have enough fractionation services available.
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Report: EPA’s Pennsylvania Water Samples Show No Impact from Fracking
A private firm hired by Chesapeake Energy Corp. has determined that drinking water sources tested by the U.S. Environmental Protection Agency (EPA) in Bradford County, PA, show no signs of any adverse impact from Marcellus Shale operations.
Mexico Seeking Bids for $3B Natural Gas Pipeline Project
Mexico’s state-owned electric utility, Comision Federal de Electricidad (CFE), is reportedly seeking bids from private companies to build about 1,460 miles of natural gas pipeline in the northern part of the country.
Hydropower Could Grow, Despite Low Gas Prices, PG&E Says
As the largest private-sector hydroelectric power plant owner-operator, San Francisco-based Pacific Gas and Electric Co. (PG&E) has begun a drumbeat for more hydropower.
In Final Tests, EPA Says Dimock, PA, Water Safe
The U.S. Environmental Protection Agency (EPA) said last week a fourth and final round of testing indicates that water from 12 private wells in Dimock Township, PA is safe to drink, and it found no evidence of contamination from natural gas drilling.
EPA: Dimock Water Tests Safe For Fourth and Final Time
The U.S. Environmental Protection Agency (EPA) announced Friday that a fourth and final round of testing indicates that water from 12 private wells in Dimock Township, PA is safe to drink, and found no evidence of contamination from natural gas drilling.
Raymond James: U.S. Oil Rig Count May Decline in 2013
The U.S. government and private energy analysts appear to have come to a foregone conclusion that the domestic natural gas drilling rig count will take a dive in 2013, but if any are “blindly assuming” that the U.S. oil rig count will “continue to move up and to the right,” they may be wrong, said the team at Raymond James & Associates Inc.
EIA Cuts Gas Price Outlook 21%; Analysts Wait for 2013
A consensus is forming among U.S. government and private energy analysts that barring an unusual weather event — or an unusual event period — North American natural gas prices likely will be low through the summer. Some have thrown in the towel for higher prices through the summer and fall, and instead are looking ahead to what they hope will be a return to normal winter weather that could boost prices beginning in 2013.
Texas Court Decision ‘Benefit’ to Shale Producers
A landmark ruling by the Texas Supreme Court last month that landowners own groundwater “in place” will benefit shale producers by facilitating the sale of the water, according to Kathleen Hartnett White, a distinguished senior fellow and director at the Texas Public Policy Foundation in Austin, TX.
Blackstone Taking $2B Stake in Cheniere Liquefaction Project
Affiliates of private equity firm Blackstone are taking a stake in Cheniere Energy Partners LP’s (CQP) project to add liquefaction and export capability to its Sabine Pass LNG terminal on the U.S. Gulf Coast as well as other activities, Houston-based Cheniere said Monday.