As Appalachian Basin operators cut back dry gas investments to focus on liquids, MarkWest Energy Partners LP is accommodating with a major expansion of its Marcellus, Utica and Huron shale operations.
Scheduled
Articles from Scheduled
EQT Halts Huron Shale Drilling on Low Prices
EQT Corp. is suspending its Huron Shale program “indefinitely” in light of low commodity prices, the Pittsburgh company announced in a one line statement Friday.
WPX to Move into S&P 500
WPX Energy Inc., the exploration arm of Williams, will move into the S&P 500 at the close of trading on Friday, according to Standard & Poor’s (S&P).
Transportation Notes
Transwestern issued a systemwide Alert Day notice due to low linepack for Monday, prompting Southwest Gas to follow up with a Hold Burn to Scheduled Quantities notice. Both actions were canceled Tuesday as a result of Transwestern linepack returning to normal.
Dallas Task Force Decides on Some Recommendations
As the city of Dallas’ Gas Drilling Task Force works to finalize the recommendations it is scheduled to make later this month to city council, members Tuesday came to a decision on a few items.
Transportation Notes
Southwest Gas issued a Hold Burn to Scheduled Quantities notice, effective Monday, due to a low-linepack Alert Day that was declared by upstream pipeline Transwestern that afternoon (see Daily GPI, Dec. 6a). Southwest said it did not plan on flowing any gas from Transwestern for Monday’s gas day and therefore did not declare an OFO, but would issue an OFO “should this situation change.”
Transportation Notes
Southern California Gas set a positive imbalance tolerance of 10% in issuing a high-linepack OFO for Saturday.
Colorado Debates Draft Rules on Fracking Chemicals
The Colorado Oil and Gas Conservation Commission (COGCC) is scheduled to consider a set of new rules on the disclosure of chemicals used in hydraulic fracturing (fracking) early next month, but the debate is already picking up steam regarding proposed exemptions for trade secret chemicals.
MarkWest: Bring On the Marcellus Ethane Projects
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.
Xcel Unconcerned About Muni Vote, Economic Issues, CEO Says
With a municipalization vote scheduled for Tuesday in Boulder, CO, and the state’s economy lagging, Xcel Energy CEO Ben Fowke told financial analysts on a third quarter conference call Thursday that Colorado’s largest utility operator is not concerned about a wider push for public power, although he identified Colorado as one of two states that worry him in terms of the current pace of economic recovery.