E&P

Plains All American Pipeline LP and Enterprise Products Partners LP are constructing a condensate gathering system into their Three Rivers, TX, terminal and doubling the mainline capacity of their Eagle Ford Joint Venture (JV) Pipeline from Three Rivers to Corpus Christi, TX.

Tuesday’s midterm elections produced mixed results for the future of shale gas development in the Appalachian Basin, but the spotlight was overwhelmingly fixed on Democratic Governor-elect Tom Wolf’s defeat of Republican incumbent Gov. Tom Corbett and its implications for the industry.

Two new cryogenic processing plants are expected to begin operations in Ohio’s Utica Shale this month, representing a combined 400 MMcf/d of capacity for producers in the region with shut-in wells waiting for it.

Marathon Oil Corp.’s U.S. resource plays can hold their own in a low-price environment, and the company’s U.S. drilling program is expected to proceed essentially unchanged from plan, executives said Tuesday.

A study released by the Duke University Energy Initiative found that oil and gas production is generating significant revenue for local governments in eight states with active shale development, providing them with adequate funds to handle the increased costs associated with industry development.

Calgary-based Aux Sable Liquid Products LP plans to spend $130 million to increase processing capabilities at its facilities in Channahon, IL.

SandRidge Energy Inc. said Tuesday it will delay filing its 3Q2014 report until it has resolved a “routine review” by the U.S. Securities and Exchange Commission (SEC), which could result in restating almost two years of earnings results.

Work is underway at the former Ormet Corp. aluminum smelting plant straddling Ohio and West Virginia to transform the 1,700 acre site into a large-scale port and central service terminal for the oil and gas industry operating in the region.

Chevron Corp.’s Permian Basin, and specifically the Midland and Delaware play, helped increase North American shale and tight resources production year/year by 23,000 b/d in the third quarter.