Projects

Enviros Seek to Block Transco’s Leidy Southeast Expansion

A coalition of environmental groups led by the New Jersey Chapter of the Sierra Club has called on FERC to reject Transcontinental Gas Pipe Line Co. LLC’s (Transco) Leidy Southeast Expansion project, saying there is no homegrown demand for it.

July 3, 2013

Western Governors Release 10-Year ‘Energy Vision’

Increased interstate cooperative projects on everything from bigger oil production to modernization of the natural gas pipeline infrastructure are all part of a 10-year energy plan unveiled Sunday by the Western Governors’ Association (WGA) at the conclusion of its three-day annual meeting in Park City, UT.

July 2, 2013

Crosstex Expands Land, Sea Oil/Condensate Capacity

Crosstex Energy LP has completed two projects aimed at getting shale oil and condensate to higher paying markets.

June 28, 2013

Summit Midstream Spends $460M on Bakken, Marcellus Gathering

Dallas-based Summit Midstream Partners LP (SMLP) is buying two shale gas gathering systems — one in the Bakken and the other in the Marcellus — in two deals worth a combined $460 million. The Marcellus transaction marks the company’s entry into the play.

June 6, 2013

Northeast NatGas Generators Banking on ‘Price Appreciation’

Utility developers working on combined-cycle gas turbine (CCGT) projects in the Marcellus and Utica shales are looking for a “power price appreciation” that will come from the excess natural gas, according analysts with Tudor, Pickering, Holt & Co. Inc. (TPH).

May 28, 2013

Two Ultra-Deepwater GOM Projects Launched

Two separate mega projects to develop oil and natural gas resources in the Walker Ridge blocks of the ultra-deepwater Gulf of Mexico (GOM) were sanctioned last week by Royal Dutch Shell plc and partners ExxonMobil Corp. and Statoil ASA.

May 13, 2013

Two Ultra-Deep GOM Projects Launched in Walker Ridge

Two separate mega projects to develop oil and natural gas resources in the Walker Ridge blocks of the ultra-deepwater Gulf of Mexico (GOM) have been launched by Royal Dutch Shell plc and partners ExxonMobil Corp. and Statoil ASA.

May 9, 2013

Atlas Pipeline’s Onshore NatGas Volumes Jump 63%

Driven by steadily increasing midstream business, Atlas Pipeline Partners LLP’s (APL) natural gas volumes from onshore U.S. plays jumped by double digits in the first three months of this year from a year ago to average 1.03 Bcf/d, the operator said late Monday.

May 2, 2013

Cubic Picking Up Gastar East Texas Assets for $46M

Gastar Exploration Ltd. has agreed to sell its East Texas assets to Cubic Energy Inc. for $46 million and will redeploy capital to higher-return projects in the Marcellus Shale and Hunton Limestone. Meanwhile, Cubic views its acquisition as an entry point to the oil-rich Eagle Ford and Woodbine formations.

April 23, 2013

Industry Briefs

Air Liquide Large Industries U.S. LP announced two projects in Freeport, TX, for its Gulf Coast pipeline and hydrogen/syngas businesses. The first project went on-line in March and has increased the supply of hydrogen purification and compression capacity to Air Liquide’s hydrogen pipeline system. The second project is expected to go online in 2014 and involves the construction of a new liquid oxygen storage and vaporization facility at the Freeport air separation unit complex to supply oxygen to the Gulf Coast pipeline network. This new installation represents an increase of nearly 25% over current storage and vaporization capacities on the networkd. Hydrogen gas is used by refiners to produce cleaner burning fuels, among other industrial uses. Government regulations calling for reductions in fuel emissions have increased demand for hydrogen. Growth in industrial gas demand is also anticipated as a result of the cost advantages resulting from low-priced natural gas, the company said.

April 11, 2013