Services

FERC Approves Changes to Magnum Gas Storage Project in Utah

FERC on Thursday granted Magnum Gas Storage LLC amendments to its certificate for natural gas storage facilities being developed in Utah, extending the timeline to complete the project and allowing wheeling service at market-based rates.

November 17, 2016
GE Goes Big Into Oilfield Services With $32B Baker Hughes Buy-In

GE Goes Big Into Oilfield Services With $32B Baker Hughes Buy-In

In a blockbuster deal worth an estimated $32 billion, General Electric (GE) on Monday agreed to become majority shareholder in a partnership combining its oil and natural gas business with Baker Hughes Inc., creating the second largest oilfield operator in the world.

October 31, 2016
NGPL Cleared to Crank Up Chicago Market Expansion

NGPL Cleared to Crank Up Chicago Market Expansion

FERC on Wednesday granted Natural Gas Pipeline Company of America LLC (NGPL) permission to begin service on Compressor Station No. 312 in Livingston County, IL, otherwise known as the first phase of the pipeline’s Chicago Market Expansion [CP15-505]. Startup is slated for Tuesday, the pipeline told NGI.

October 26, 2016

Brief — Colorado ‘Dashboard’

The Colorado Oil/Gas Conservation Commission (COGCC) has launched an online information source,Daily Activity Dashboard, that captures on a county-by-county basis oil and natural gas activity statewide. COGCC said the tool can locate information on pending permits, well status, production, well inspection data, violation notices, operator notifications and spills. It is being provided as a supplement to COGCC’s existing and extensive web-based data search tools, a spokesperson said.

October 26, 2016
EQT Midstream Slowly Ramping Up Ohio Valley Connector

EQT Midstream Slowly Ramping Up Ohio Valley Connector

Less than one week after receiving regulatory approval from FERC, EQT Midstream Partners LP (EQM) is slowly bringing its Ohio Valley Connector (OVC) pipeline into service.

October 5, 2016

Columbia’s Line MB Extension Almost Complete

FERC has granted Columbia Gas Transmission LLC authorization to place into service the third phase of its Line MB Extension Project, which is intended to improve reliability of natural gas service to utilities serving central Maryland.

September 29, 2016

Smart Sand Eyes IPO as Proppant Demand Intensifies

Smart Sand Inc., which provides proppant to North American operators, is preparing to go public and plans to raise up to $100 million.

September 21, 2016
Mammoth Looking to Build North American OFS Operations Through IPO

Mammoth Looking to Build North American OFS Operations Through IPO

Privately held Mammoth Energy Services Inc., whose top customer is Utica Shale-focused Gulfport Energy Corp., is preparing another attempt to go public and expand its North American pressure pumping business, according to a filing with the U.S. Securities and Exchange Commission.

September 8, 2016

Brief — Mon Power

FirstEnergy Corp. subsidiary Mon Power has completed a $5 million project to provide electric service to Antero Midstream Partners LP’s wastewater treatment facility in Doddridge County, WV. Mon Power said the facility is expected to use more than 16 MW of electricity once it’s fully operational, or about the equivalent of what 16,000 homes use. Announced in 2015, the $275 million treatment complex is being constructed on 635 acres (see Shale Daily, Aug. 19, 2015). It will process wastewater from Antero Resources Corp.’s shale wells in Ohio and West Virginia and produce salt and sludge byproducts. It’s expected to be in service by 2017. Mon Power said the project to supply the facility with electricity is part of the company’s efforts to provide the state’s “energy-intensive” shale gas industry with reliable electric service.

September 2, 2016
Key Energy to Restructure, File For Chapter 11 Protection

Key Energy to Restructure, File For Chapter 11 Protection

Oilfield services (OFS) company Key Energy Services Inc. has reached an agreement with creditors on a restructuring plan, becoming the latest energy company to succumb to financial pressure from the oil and gas industry downturn.

August 30, 2016