When it comes to ethane projects in the Marcellus Shale, MarkWest Energy Partners LP believes there is strength in numbers, the company said in a quarterly conference call on Tuesday.
Quarterly
Articles from Quarterly
Shales Foundation for Record 3Q at Enterprise
Production from shale plays — natural gas, natural gas liquids (NGL) and crude oil — lifted Enterprise Products Partners LP to record quarterly earnings during the third quarter. The company remains bullish on supply of and demand for NGLs and last Tuesday announced the anchor shipper on a landmark project that would carry ethane from the Marcellus Shale to the Gulf Coast.
El Paso Completes Historic $8B Pipeline Backlog, Takes Loss on Ruby
Natural gas pipeline giant El Paso Corp. on Wednesday reported a one-time quarterly loss for its investment in the Ruby Pipeline, which is carrying Rocky Mountain gas to West Coast markets, but the company completed a historic $8 billion pipeline backlog and continues to add new projects to meet customers’ infrastructure needs, said CEO Doug Foshee.
Shales Were Foundation for Record 3Q at Enterprise
Production from shale plays — natural gas, natural gas liquids (NGL) and crude oil — lifted Enterprise Products Partners LP to record quarterly earnings during the third quarter. The company remains bullish on supply of and demand for NGLs and Tuesday announced the anchor shipper on a landmark project that would carry ethane from the Marcellus Shale to the Gulf Coast.
Energy Transfer, XTO Ink Woodford, Barnett Midstream Deal
Energy Transfer Partners LP (ETP) said Thursday that it has made an agreement to provide natural gas gathering, processing and transportation services in the Woodford and Barnett shales for XTO Energy Inc., a subsidiary of ExxonMobil Corp.
Partner Search Fizzles for National Fuel Gas
National Fuel Gas Co. (NFG) will continue to go it alone in the Marcellus Shale, the company said during a quarterly earnings call last Friday.
Eagle Ford Stars in Penn Virginia Liquids Shift
Penn Virginia Corp. CEO H. Baird Whitehead admitted to financial analysts Thursday that the company is “essentially a one-trick pony at this moment” due to its heavy focus on the Eagle Ford Shale of South Texas. However, he said, “we think it’s a pretty good-looking pony.”
Encana Nabs Duvernay Shale Acreage, Looks for More JVs
Encana Corp.’s latest quarterly profits took it on the chin because of low natural gas prices, but the Calgary producer is responding with a realignment by transferring proven gas shale technology to liquids plays, advertising for partners to share costs in gassy northeast British Columbia (BC), and quietly acquiring an oily leasehold in Alberta’s Duvernay Shale.
Pennsylvania Calls for More Water Testing
The Pennsylvania Department of Environmental Protection (DEP) is ordering water treatment plants in the state to immediately test for radioactivity and other contaminants from Marcellus Shale wastewater.
El Paso Putting Oil Ahead of Gas — in Eagle Ford Shale
Enthusiasm for uncovering oil deposits in the Eagle Ford Shale of South Texas hasn’t waned at El Paso Corp. In fact, the company likely will move more rigs into its leasehold as the year progresses, CEO Doug Foshee said Thursday.