Processors

Phillips 66 Moves to Leverage North American Shale Oil

Midstream and downstream energy giant Phillips 66 is positioning itself to take full advantage of the ongoing North American shale oil boom by inking a number of deals to increase supplies of cost-advantaged North American crude oil to its U.S. refineries.

March 21, 2013

Ethane’s Glass: Is it Full or Really Full?

U.S. ethane presents a “wall of worry” to gas producers and processors (which fear margin collapse), pipelines (which fret over volumes) and consumers (which fear scarcity and high prices), an industry analyst said in Houston last week. There is always something to worry about, but there’s always something on which to disagree, too.

October 1, 2012

Ethane’s Glass: Is it Full or Really Full?

U.S. Ethane presents a “wall of worry” to gas producers and processors (which fear margin collapse), pipelines (which fret over volumes) and consumers (which fear scarcity and high prices), an industry analyst said in Houston Monday. There is always something to worry about, but there’s always something on which to disagree, too.

September 28, 2012

Ethane: Too Much, But for How Long?

U.S. Ethane presents a “wall of worry” to gas producers and processors (which fear margin collapse), pipelines (which fret over volumes) and consumers (which fear scarcity and high prices), an industry analyst said in Houston Monday. There is always something to worry about, but there’s always something on which to disagree, too.

September 28, 2012

Eagle Ford Producers in Infrastructure ‘Bind’

Producers in the Eagle Ford Shale of South Texas are having to take the bad with the good. The good: abundant oil and liquids-rich gas production in an era of very low dry gas prices. The bad: a dearth of infrastructure to handle the play’s robust output.

December 1, 2011

Trunkline Gets FERC Nod for Transport of Eagle Ford Output

FERC has approved Trunkline Gas Co. LLC’s proposal to modify a portion of its existing South Texas System to allow the bidirectional transportation of liquids-rich natural gas from the Eagle Ford Shale play in South Texas.

April 13, 2011

Judge Reverses $3.2M Court Decision Against Dynegy

A judge has overturned a $3.2 million judgment against Dynegy Midstream Services LP and affiliate Versado Gas Processors LLC in a case brought by Apache Corp., ruling that the jury had reached its verdict without sufficient evidence against the companies.

May 17, 2004

Apache Takes Dynegy, Versado to Court for Breach of Processing Agreement

Apache Corp. filed a lawsuit on Wednesday against Dynegy Midstream Services LP and Versado Gas Processors LLC in the district court of Harris County, TX, claiming that the companies “engaged in bad faith” and broke their contractual obligations to pay for natural gas and natural gas liquids.

May 24, 2002

Producers, Potato-Makers Protest Viking’s 50%-Plus Rate Hike

Canadian producers, distributor customers and Idaho potato processors are protesting a rate case filing by Viking Gas Transmission that the protesters claim would raise the pipeline’s rates by over 50% at the same time it proposes a number of changes in its rate and scheduling scheme, including term-differentiated rates.

January 11, 2002