Traverse

Appeals Court Rejects Attempt to Block MARC I Hub Project

A federal appeals court on Tuesday denied a petition by environmental groups seeking to halt construction of a natural gas pipeline that would traverse three counties in the heart of Marcellus Shale country in northern Pennsylvania.

June 13, 2012

Industry Briefs

Water services company Heckmann Corp. reiterated its emphasis on serving shale gas and oil developers in the United States in announcing the divestment of China Water & Drinks Inc. through the sale of nine of its 25 Chinese legal entities to Pacific Water & Drinks (HK) Group Ltd. (PWD). The deal closed Sept. 30, and Heckmann will no longer have business exposure in China except through its equity holding in PWD. “With our positive view of our current core water business and the growth opportunities in the United States, we are pleased to put the China experience behind us,” said CEO Richard J. Heckmann. “We now have almost 1,100 employees in the U.S., up from fewer than 30 a year ago. We believe that the water business as it relates to shale gas and shale oil production will continue to drive our growth. In addition, the customer reaction to our conversion to LNG [liquefied natural gas] powered vehicles [see Shale Daily, Aug. 23], which we are now putting in service, has been very positive.”

October 4, 2011

Appalachian Gathering System Secures Anchor Agreements

Long-term natural gas gathering agreements to anchor the Appalachian Gathering System (AGS), which is to traverse the Marcellus Shale, have been signed with subsidiaries of Chesapeake Energy Corp. and Statoil ASA, M3 Midstream LLC (Momentum) said Thursday.

April 4, 2011