shale

UGI Corp. has entered into agreements with Tenaska Resources LLC to jointly develop gas resources in the Marcellus Shale region in north-central Pennsylvania.

Southcross Energy Partners, L.P. has completed its 57-mile, 20-inch Bee Line pipeline that will transport liquids rich gas from the central Eagle Ford Shale to Southcross’ Woodsboro and Bonnie View processing and fractionation complex in Refurio County. The pipeline has capacity of 320 MMcf/d.

The Crosstex Energy companies, Crosstex Energy L.P. and Crosstex Energy Inc., joined with the former management of Enerven Compression Services to form a new company (E2) that will provide services for producers in the liquids-rich window of the Utica Shale.

Some important news broke March 20 likely to have major implications for the oil and gas industry going forward. In Pittsburgh, which has become the business hub for the Marcellus Shale, a consortium of environmental organizations, energy companies and philanthropic foundations have formed the Center for Sustainable Shale Development (CSSD). The goal is to provide producers with certification of performance standards for shale development.

Williams and Boardwalk Pipeline Partners have formed a joint venture to develop a pipeline to transport NGLs from the infrastructure-constrained Marcellus and Utica Shale plays to the rapidly expanding petrochemical and export complex on the U.S. Gulf Coast as well as the developing petrochemical market in the Northeast.

With what could be viewed ominously as the perfect storm bringing a much rougher winter than last year’s to New England, concerns about the need for additional natural gas infrastructure in the region have once again been dramatically underscored.

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.

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