shale

MarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and The Energy and Minerals Group (EMG), announced definitive agreements with Rex Energy Corp. to provide gathering, processing, fractionation, and marketing services in the Utica Shale.

Your geologists found natural gas hiding thousands of feet underground. Your legal team negotiated rights of way with landowners. Your drilling team went down a mile or so, made a horizontal turn and “fracked” the shale bed, releasing the gas. Your well is producing. So now what?

Crestwood Midstream Partners LP, as operator and 35% owner of Crestwood Marcellus Midstream LLC, announced an agreement by CMM to acquire natural gas compression and dehydration assets from Enerven Compression, LLC for $95 million.

DCP Midstream LLC and DCP Midstream Partners LP announced construction of a cryogenic plant that will serve growing demand from producers in the liquids-rich Eagle Ford Shale.

Genesee & Wyoming Inc. said its wholly owned subsidiary, The Columbus & Ohio River Rail Road Co. (CUOH), has signed a long-term agreement to serve the $900 million natural gas liquids fractionation hub being constructed in Scio, OH by Utica East Ohio Midstream LLC.

DCP Midstream LLC and DCP Midstream Partners LP announced construction of a cryogenic plant in Goliad, TX that will serve growing demand from producers in the liquids-rich Eagle Ford shale.

The transformation potential of shale oil and gas to the American energy, manufacturing, chemical, and pipeline industries is nothing short of revolutionary. As part of this revolution, the U.S. can form a competitive advantage versus other global economies lasting for the next generation… if government leaders and entrepreneurs demonstrate the courage necessary to tread this path.

The Department of Energy published a report from NERA Economic Consulting which concludes unlimited exports of U.S. LNG will help the U.S. economy, and the greater the exports, the greater the public good.

To reduce the environmental impacts and improve the economic performance of their U.S. unconventional gas production activities, energy developer Seneca Resources Corp. and drilling partner Ensign Drilling have installed two of GE’s Jenbacher gas engines to power the first LNG-fueled drilling rigs of their kind in the Marcellus Shale region of Pennsylvania.

The shale gas boom could be a major factor in cutting costs for the chemical industry as well as benefiting other industries, says a report from PwC US.

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