Marcellus

Spectra Offering Marcellus/Utica-to-Gulf Pipeline Capacity

Spectra Energy’s Texas Eastern Transmission (Tetco) pipeline is holding an open season for its proposed TEAM-South Expansion Project, which would move up to 300,000 Dth/d of natural gas from Uniontown, PA, in the heart of the Marcellus and Utica shales, to delivery points in Tetco’s ELA Access Area Zone in Mississippi.

November 18, 2013
More than $4B Spent on Pipelines This Year, Analyst Says

More than $4B Spent on Pipelines This Year, Analyst Says

The North American natural gas and oil industry, responding primarily to surging production coming out of shale plays, will spend a total of $4.3 billion on new onshore pipelines this year, according to new research by energy adviser Douglas-Westwood (DW).

November 14, 2013

Brazil’s Odebrecht Picks West Virginia for Cracker, Polyethylene Plants

West Virginia Gov. Earl Ray Tomblin announced Thursday that a Brazilian company, Odebrecht Organization, will explore the possibility of building a multibillion-dollar ethane cracker and three polyethylene plants in Wood County.

November 14, 2013

MarkWest’s Appalachia Business Hit by Constraints, Line Break

MarkWest Energy Partners LP reported weaker-than-expected profits in the third quarter, partly on continuing operational constraints in the Marcellus Shale, as well as weak results from the Utica Shale segment, issues that management expects to remedy once most of the 22 growth projects are completed in 2014.

November 13, 2013
EIA Pegs Marcellus Gas Production at Nearly 13 Bcf/d in December

EIA Pegs Marcellus Gas Production at Nearly 13 Bcf/d in December

Natural gas production in the Marcellus Shale continues to surge higher, with 12.9 Bcf/d expected to come out of the prolific play in December, a 3.3% increase from 12.5 Bcf/d in November, according to EIA’s second Drilling Productivity Report (DPR) for key tight oil and shale gas regions.

November 13, 2013

Shale Gale Boosts West Virginia Property Taxes

Property assessments in West Virginia have increased 49.5% in the last eight years — to $86.6 billion from $57.9 billion in 2005 — with the highest growth coming in counties that experienced natural gas development over the same period, according to the West Virginia Center on Budget & Policy (CBP).

November 12, 2013

National Fuel Bringing Marcellus Wells Online, But Profits Down on NY Case

Despite higher oil and gas production in the Marcellus Shale, National Fuel Gas Co. (NFG) reported a 2% decline in profits during its fiscal fourth quarter, after the company set aside a reserve of $4.7 billion to possibly settle an ongoing rate case in New York State.

November 12, 2013

Rex Energy Adds Wells, Tinkers With Stacked Laterals

As Rex Energy Corp. completes multi-well pads targeting three shale plays in the Appalachian Basin, the company reported a 39% increase in production during the third quarter, part of which executives attributed to “quality midstream solutions” forged in the region.

November 11, 2013
Race On to Carry Appalachia NGLs to Gulf Coast

Race On to Carry Appalachia NGLs to Gulf Coast

Two weeks after Bluegrass Pipeline LLC launched an open season to test support in a pipeline to carry natural gas liquids (NGL) from Appalachia to Gulf Coast markets, another team officially joined the horse race on Monday.

November 11, 2013

Spectra Secures 650,000 Dth/d of Contracts for Bi-Directional Service on Tetco

Spectra Energy and Spectra Energy Partners Monday announced they have executed new long-term contracts to bi-directionally transport 650,000 Dth/d of natural gas on their Texas Eastern Transmission (Tetco) system to accommodate the growing manufacturing sector and liquefied natural gas (LNG) export market along the Louisiana and Texas coast.

November 11, 2013