Virginia

70% Loss in Wall Thickness, Pressure Drop Eyed in Columbia Rupture

The wall thickness of a section of pipe on the 20-inch diameter Columbia Gas Transmission system that ruptured Tuesday in West Virginia was significantly deteriorated, said National Transportation Safety Board (NTSB) investigators Thursday. There also was a pressure drop on the line, but the magnitude of the decrease is unknown as was whether drop was the result of the rupture or its cause.

December 17, 2012
Shale Gas Development to Pay Down the Line, says Chief CEO

Shale Gas Development to Pay Down the Line, says Chief CEO

Development of the nation’s shale natural gas plays may be a thankless job for producers today, but its value will pay off in the years to come, according to the CEO of Chief Oil & Gas LLC, who hopes to expand his company’s presence in the Marcellus and Utica shales.

November 16, 2012

PVR’s New Marcellus Exit Enters Service

Penn Virginia Resource Partners LP (PVR) has begun service on a new 30-mile, 24-inch diameter trunkline serving Marcellus Shale producers in north-central Pennsylvania with 750 MMcf/d of capacity. The capacity gives producers shipping gas out of the Marcellus a way around constraints on Tennessee Gas Pipeline’s congested 300 Line.

October 3, 2012

U.S. Onshore Still Tops for Investment, Says Tudor

The onshore United States “remains the No. 1 place for investment” and the likelihood for future dealmaking “remains high,” according to Tudor, Pickering, Holt & Co. (TPH) CEO Bobby Tudor.

October 1, 2012

Bill Requires CFTC, SEC to Justify Costs, Benefits of Dodd-Frank Regs

A Senate bill offered by Democrat Mark Warner of Virginia and Republicans’ Susan Collins and Rob Portman could undermine the authority of independent agencies, such as the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), to implement many of the regulations under Title VII of the Dodd-Frank Wall Street Reform Act.

September 17, 2012

IHS Analysis: Eagle Ford Is a Bakken Beater

Typical well performance as well as peak-month production of the Eagle Ford Shale’s best wells exceeds those for wells drilled in the Bakken Shale, which is often considered the tight oil standard, according to the “IHS Herold Eagle Ford Regional Play Assessment.”

July 30, 2012

UGI Switches to LNG for Marcellus Rigs, Infrastructure

Pennsylvania midstream operator UGI Energy Services Inc. on Wednesday launched plans to replace the diesel now powering its Marcellus Shale drilling fleet with liquefied natural gas (LNG). UGI’s plan mirrors a pilot initiated by EQT Corp. earlier this month to convert its Marcellus diesel rigs (see Shale Daily, July 6).

July 13, 2012

Voting Error Helps Override Frack Bill Veto in North Carolina

Republicans in the North Carolina General Assembly were able to override Democratic Gov. Bev Perdue’s veto of a bill to legalize hydraulic fracturing (fracking) on Monday after a voting error by a Democratic lawmaker.

July 5, 2012

DCP Midstream Pays $63M for Crossroads Processing Plant

DCP Midstream Partners has moved to increase its market position in East Texas, agreeing to pay Penn Virginia Resource Partners LP (PVR) approximately $63 million for the Crossroads processing plant and associated gathering system in Harrison County, TX, the two companies said.

June 21, 2012

Dominion’s Allegheny Storage Project Gets FERC Environmental OK

FERC Friday issued a favorable environmental assessment (EA) to Dominion Transmission Inc.’s proposal to expand its storage system in Maryland, Ohio, West Virginia and Pennsylvania.

June 18, 2012