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OPEC cuts oil demand forecast on weak economic news

Aug 15, 2011

With the outlook for economic growth in the US revised downward, the Organization of Petroleum Exporting Countries has cut its forecast for worldwide oil demand growth this year by 150,000 b/d.

Albertan gas plant to expand

Aug 5, 2011

Pembina Pipeline Corp., Calgary, will expand capacity by 50 MMcfd at one of its gas plants at the Cutbank shallow gas processing complex to meet high plant utilization and strong demand. The complex is in west central Alberta.

Dominion to build W. Va. processing, fractionation for shale plays

Aug 5, 2011

Dominion, Richmond, Va., will build new 200-MMcfd gas processing and 36,000-b/d fractionation capacities along the Ohio River in Natrium, W.Va., it announced Aug. 4 as part of the next major project in the Marcellus and Utica shale regions.

Have the stars aligned for higher oil prices?

Aug 1, 2011

The market for West Texas Intermediate crude has been flirting with $100/bbl since February and the futures market is at $109 for June and July deliveries.

EPA proposes gas capturing requirements for E&P operations

Jul 29, 2011

The US Environmental Protection Agency proposed new air pollution standards for oil and gas exploration and production operations on July 29 in response to a court order. The standards would require operators to capture natural gas which currently escapes into the atmosphere, the agency indicated.

Crosstex, Apache to develop Permian gas plant

Jul 12, 2011

Crosstex Energy LP and Crosstex Energy Inc., Dallas, today announced a joint investment, with Apache Corp., Houston, of $85 million in a new natural gas processing plant in the Permian basin in West Texas.

Variable-speed drives going to Utah gas plant

Jul 5, 2011

Chipeta Processing LLC, a subsidiary of Anadarko Petroleum Corp., has commissioned Converteam, Pittsburgh, a power-conversion specialist, to supply a complete variable-speed drive system to control two natural gas compressor trains at the Chipeta gas processing plant in Utah.

MEPS launches binding open season

Jun 30, 2011

Marcellus Ethane Pipeline System (MEPS) is holding a 30-day open season to secure binding commitments from potential shippers for ethane transportation service from fractionation plants in the Marcellus shale to interconnect points with third party ethane pipelines or storage facilities along the Gulf Coast.

Study projects $205.2 billion in midstream gas outlays by 2035

Jun 28, 2011

An average $8.2 billion/year will have to be spent by 2035 for the US and Canada to accommodate new natural gas supplies, particularly from prolific shale plays, and meet growing demand, a study commissioned by the INGAA Foundation concluded.

More NGL fractionation scheduled for Texas production

Jun 27, 2011

Enterprise Products Partners LP, Houston, plans to build a 75,000-b/d NGL fractionator at its Mont Belvieu, Tex., site. The plant, sixth in the company’s push, will accommodate continued growth of liquids-rich natural gas production from Texas’s Eagle Ford shale basin, the company said.

Lone Star NGL to build 530-mile Permian basin pipeline

Jun 24, 2011

Lone Star NGL LLC, a joint venture of Energy Transfer Partners LP and Regency Energy Partners LP, will build a 530-mile NGL pipeline from Winkler County in West Texas to the Jackson County processing plant in Jackson County, Tex., moving Permian basin production eastward.

Canada's AltaGas gets final nod for Montney gas plant

Jun 22, 2011

AltaGas Ltd., Calgary, has received final regulatory approval to begin building its 120-MMcfd Gordondale gas processing plant about 100 km northwest of Grande Prairie, Alta. The plant will be equipped with liquids extraction (OGJ, June 6, 2011, p. 88).

Eagle Ford Gathering, Williams enter Eagle Ford processing agreement

Jun 17, 2011

Eagle Ford Gathering LLC, a 50-50 joint venture of Kinder Morgan Energy Partners LP and Copano Energy LLC, reached a long-term agreement with Williams Partners LP to process Eagle Ford shale production at Williams Partners' Markham processing plant in Matagorda County, Tex.

More processing planned for Eagle Ford shale

Jun 14, 2011

Southcross Energy, Dallas, will build a 200-MMcfd gas processing plant in Refugio County, Tex., to process liquids-rich production from the Eagle Ford shale in South Texas.

First cargo of Pearl GTL products ship from Qatar

Jun 14, 2011

Royal Dutch Shell PLC and Qatar Petroleum reported the Pearl gas-to-liquids plant in Qatar’s Ras Laffan Industrial City sold its first commercial shipment of GTL gas oil.

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