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.
Articles from Marcellus
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).
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.
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.
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.
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).
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.
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.
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.