More Unconventional News

Alon advances Bakersfield refinery, rail project

Sep 10, 2014

California state regulators have approved Alon USA Energy Inc. to move ahead with a plan designed to expand existing receiving and processing options for North American shale light crude oils at its 70,000-b/d Bakersfield refinery.

Dominion heads 1.5-bcfd Atlantic Coast gas pipeline joint venture

Sep 8, 2014

Dominion, Duke Energy, Piedmont Natural Gas, and AGL Resources have formed a joint venture to build and own the proposed 1.5-bcfd Atlantic Coast Pipeline.

Watching Government: Is a Citgo sale imminent?

Sep 8, 2014

Reports that the Venezuelan government wants to sell Citgo Petroleum Corp. have surfaced periodically for nearly a decade.

BHI: US rig count posts double-digit gain for second straight week

Sep 5, 2014

The US drilling rig count gained 11 units to reach 1,925 rigs working during the week ended Sept. 5, Baker Hughes Inc. reported.

Devon Canada files with AER for Walleye oil sands project

Sep 5, 2014

Devon Canada Corp. has submitted applications with Canada’s Alberta Energy Regulator for its Walleye steam-assisted gravity drainage project.

Williams holding open season on Western Marcellus Transco expansion

Sep 5, 2014

Williams is holding an open season for its Western Marcellus Pipeline Project, an expansion of the Transco interstate pipeline to provide incremental firm natural gas transportation to growing markets in the Mid-Atlantic and southeastern US by late 2018.

KMEP launches binding open season for Utopia pipeline

Sep 4, 2014

Kinder Morgan Energy Partners LP (KMEP) has launched a binding open season to solicit commitments for the Utica-to-Ontario Pipeline Access (Utopia) project that would transport ethane and ethane-propane mixtures from the Utica shale area. KMEP expects the pipeline to be in service by early 2018.

Nova Scotia prohibits hydraulic fracturing

Sep 4, 2014

The government of Nova Scotia has imposed an indefinite ban on hydraulic fracturing onshore.

WRI: Shale oil, gas face tight competition for water

Sep 3, 2014

Governments and businesses trying to develop tight oil and gas resources could face intense competition for water that would be used in hydraulic fracturing, the World Resources Institute said in a recent report. It found that 38% of the world’s tight shale resources face high to extremely high water stress or arid conditions.

EQT, NextEra to build Marcellus-Utica gas pipeline

Sep 3, 2014

EQT Corp. and NextEra US Gas Assets LLC, an indirect, wholly owned subsidiary of NextEra Energy Inc., have formed a joint venture, Mountain Valley Pipeline LLC, to build and own the 330-mile Mountain Valley natural gas pipeline. The joint venture also launched a binding open season for shipment on the 2-bcfd system.

Shell makes Utica gas discovery in Pennsylvania

Sep 3, 2014

Royal Dutch Shell PLC has made a natural gas discovery within the Utica shale in Tioga County, Pa.

Buckeye to buy Corpus Christi terminal interest in $860 million deal

Sep 2, 2014

Buckeye Partners LP has agreed to acquire 80% interest in a company that it will jointly own with Trafigura AG for $860 million. The transaction is expected to close later this month.

Dominion heads 1.5-bcfd Atlantic Coast gas pipeline joint venture

Sep 2, 2014

Dominion, Duke Energy, Piedmont Natural Gas, and AGL Resources have formed a joint venture to build and own the proposed 1.5-bcfd Atlantic Coast Pipeline. The 550-mile natural gas pipeline would move Marcellus and Utica shale gas from Harrison County, W.Va., southeast through Virginia, with an extension to Chesapeake, Va., and then south through central North Carolina to Robeson County.

Pembina signs $650 million deal to buy Vantage line, associated assets

Sep 2, 2014

Pembina Pipeline Corp., Calgary, has agreed to acquire the Vantage pipeline system and Mistral Midstream Inc.’s interest in the Saskatchewan ethane extraction plant (SEEP) for $650 million from certain entities affiliated with Riverstone Holdings LLC. The transaction, effective Aug. 1, is expected to close in the fourth quarter.

CERI: Market access key to Canadian bitumen output

Sep 1, 2014

Outcomes in two areas of critical uncertainty can mean a difference in Canadian bitumen production in 2030 of 1.7-1.8 million b/d, according to a study published by the Canadian Energy Research Institute.

Supply complacency

Sep 1, 2014

Complacency comes easily in the US when the price of crude oil sags while hostilities jar the Middle East, while Russia tests Western resolve over Ukraine, and while China rattles its neighbors with territorial claims.

Declining costs enhance Duvernay shale economics

Sep 1, 2014

Alberta's Duvernay play is often characterized as Canada's Eagle Ford and is similarly seen as one of the most economically attractive plays in North America.

Utah's crude transportation options include Uinta Express project

Sep 1, 2014

Utah's crude oil transportation options-which include Tesoro Refining & Marketing Co. LLC's proposed Uinta Express Pipeline-typify the broader US challenge in several ways.

BLM announces California oil, gas strategy as CCST issues report

Aug 29, 2014

The US Bureau of Land Management’s California state office announced a comprehensive strategy for its oil and gas program in the state after receiving an independent review of well stimulation technologies it asked the California Council on Science and Technology (CCST) to conduct in September 2013.

BHI: US rig count recoups last week’s losses, jumps to 1,914

Aug 29, 2014

The US drilling rig count jumped 18 units to reach 1,914 rigs working, gaining back the 17 units it lost last week plus one, during the week ended Aug. 29, Baker Hughes Inc. reported.

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