Subsidiary

Chevron Still Liable in Northwest Pipeline Suit Despite Mine Sale

Northwest Pipeline GP, a Williams subsidiary, has filed a $20 million lawsuit against a division of Chevron Corp. in federal district court as it seeks to recover the cost of relocating a section of its pipeline away from land shifting above a coal mine near Kemmerer, WY.

February 1, 2012

Range to Anchor Gulf Coast Ethane Pipeline

Range Resources Corp. is expanding the reach of its Appalachian ethane operation. A subsidiary of the Fort Worth, TX-based company said Thursday it had signed a deal to ship 20,000 b/d on Enterprise Product Partners LP’s proposed Appalachia-to-Texas (Atex Express) ethane pipeline.

January 27, 2012

Chesapeake, Total Complete Utica Tie-Up

Chesapeake Energy Corp. on Tuesday said it completed a joint venture (JV) in the Utica Shale with the U.S. subsidiary of France’s Total SA, a company that had been all but acknowledged to be the Oklahoma City-based producer’s silent partner for almost two months.

January 4, 2012

Industry Brief

Atlas Pipeline Partners LP (APL) struck a long-term, fee-based agreement with ExxonMobil Corp. subsidiary XTO Energy Inc. to provide gas gathering and processing services for up to an incremental 60 MMcf/d from the Woodford Shale region of Oklahoma to its Velma processing facility in Velma, OK. The agreement supports APL’s planned 60 MMcf/d expansion of its Velma system. The cryogenic facility is expected to enter service in mid-2012. XTO would use the expanded facility, which would have capacity of 160 MMcf/d after the expansion is completed.

December 6, 2011

Oneok Jettisons Retail Gas Marketing

Tulsa-based Oneok Inc. is selling subsidiary Oneok Energy Marketing Co., to Baltimore-based Constellation Energy Group Inc. for $22.5 million plus working capital.

December 5, 2011

Groups Seek to Block MARC I Hub Project

Three conservation and environmental groups are seeking to stall the construction of Inergy subsidiary Central New York Oil and Gas Co.’s (CNYOG) MARC I Hub project in northeast Pennsylvania until the company corrects “serious flaws” in its invasive species management plan.

December 5, 2011

BP Sells Canadian NGL, LPG Businesses for $1.67B

A subsidiary of Plains All American Pipeline LP (PAA) said Thursday it would pay $1.67 billion to acquire BP plc’s Canadian natural gas liquids (NGL) and liquefied petroleum gas (LPG) business.

December 2, 2011

Industry Brief

The Pennsylvania Public Utility Commission (PUC) will be accepting public comments on a proposed settlement with UGI Central Penn Gas, part of UGI Utilities Inc., a subsidiary of UGI Corp. The 20-day period for public comment will begin after the PUC files its paperwork on the case. At issue is a $5,000 civil penalty levied by the PUC against UGI for an incident that occurred in Bedford Township. An investigation found that on Sept. 2, 2009, a four-inch high pressure distribution line was damaged and leaked natural gas during the excavation for new a municipal water and sewer main.

December 2, 2011

Groups Seek to Block Construction of MARC I Hub Project

Three conservation and environmental groups are seeking to stall the construction of Inergy subsidiary Central New York Oil and Gas Co.’s (CNYOG) MARC I Hub project in northeast Pennsylvania until the company corrects “serious flaws” in its invasive species management plan.

November 29, 2011

Industry Briefs

ExxonMobil subsidiary XTO Energy Inc. was the big spender in the Bureau of Land Management’s (BLM) quarterly oil and gas lease sale in Salt Lake City Tuesday, bidding $38.8 million for four parcels covering 3,982 acres in the Uinta Basin in Carbon County, UT. The BLM received bonus bids totaling $49.4 million for 8,271 acres in 11 of the 13 offered parcels. The other major bidder was Bill Barrett Corp., which won two parcels covering 1,773 acres, also in Carbon County, with bonus bids totaling nearly $10 million. The producer submitted the highest total bid per acre: $12,100 on parcel No. 20 containing 811 acres.

November 18, 2011
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