Train

Enterprise Products Partners LP has started the first train at its new cryogenic gas processing plant at Yoakum, TX. This facility has a design capacity of 300 MMcf/d and can extract 37,000 b/d of natural gas liquids. During the start-up period, the plant will process existing Eagle Ford Shale production in a reduced recovery mode to enable testing of the plant and supporting facilities and make adjustments to plant operations. Incoming gas volumes and recovery percentages at the facility will continue to increase throughout May, with full production from the plant expected by June 1. Prior to the start-up of the Yoakum plant, Enterprise had been utilizing capacity at processing plants owned by third parties. Most of these volumes will now be diverted and processed at the Yoakum facility. “The long-term outlook in the Eagle Ford Shale continues to show growth in rich gas production and Enterprise is well-positioned to help meet the need for midstream infrastructure through the cost-effective expansion of our integrated network,” said Jim Teague, COO of Enterprise’s general partner.

Drillers in northeastern Pennsylvania — the dry gas area of the Marcellus Shale — in the months ahead will stomp on the brakes with both feet and jam the dry gas freight train into reverse, according to an analysis by Bentek Energy LLC. Even if they do, a bulging gas surplus will fester behind pipeline capacity constraints for years to come, the firm said.

Drillers in northeastern Pennsylvania — the dry gas area of the Marcellus Shale — in the months ahead will stomp on the brakes with both feet and jam the dry gas freight train into reverse, according to an analysis by Bentek Energy LLC. Even if they do, a bulging gas surplus will fester behind pipeline capacity constraints for years to come, the firm said.

Energy analysts with Tudor, Pickering Holt & Co. (TPH) on Thursday climbed on the train to anywhere but here for natural gas prices, cutting their outlook for 2012 by more than $1.00 to $3.25/Mcf from $4.32.

Williams Partners LP has ramped up operations on the fourth cryogenic processing train (TXP4) at the Echo Springs natural gas processing plant in Carbon County, WY.

Looking to jump on the “green train” before it leaves the station, a former UBS banker has assembled experts from Goldman Sachs, Citi, Morgan Stanley and Barclays to form Greentech Capital Advisors (GCA), an alternative energy and cleantech-focused investment bank.

Looking to jump on the ‘green train’ before it leaves the station, a former UBS banker has assembled experts from Goldman Sachs, Citi, Morgan Stanley and Barclays to form Greentech Capital Advisors (GCA), an alternative energy and cleantech-focused investment bank.

Westcoast reported completing repairs to the #10 sulfur train at its Fort Nelson Gas Plant and lifted the associated 5% Firm H2S (hydrogen sulfide) Overproduction Charge constraint at the start of Thursday’s gas day.

With a vow to make the most of natural gas wealth before depletion dries up the gravy train, the Alberta government is emerging as an international private equity investor with a taste for energy niches.