Midstream News Briefs

September 8, 2011  Midstream News Briefs

1. Jim Ducote Joins Natural Gas Engineering and Equipment Firm Joule ... ‎ You +1'd this publicly. Undo MarketWatch (press release) - 3 hours ago His expertise includes facilities design and cost analysis for pipeline, ... and engineering services to natural gas producers and midstream companies. ...

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2. ConocoPhillips refining spinoff to take pipelines with it ‎ You +1'd this publicly. Undo Houston Chronicle - Simone Sebastian - 11 hours ago The spinoff will become the new partner in the corporation's joint ventures in pipeline company DCP Midstream Partners and chemicals company Chevron ... ConocoPhillips pipelines stay with refining business‎ Calgary Herald ConocoPhillips Spinoff to Absorb Pipelines‎ Beacon Equity Research Conoco CEO sees integrated refining arm‎ Reuters The New Age Online all 45 news articles » COP - DPM - CVE

3. Encana selling piece of Piceance midstream assets for $590m ‎ You +1'd this publicly. Undo Gas Business Briefing - 4 hours ago The Piceance basin midstream assets are located in the area around Rifle, ... gather and transport about 500 MMcf/d and include about 260 miles of pipeline. ... Encana Sells Midstream Assets in Colorado Rockies‎ Toronto Star Encana to sell Piceance basin midstream natural gas assets‎ Oil & Gas Journal Encana inks $590 milion US deal to sell Colorado assets‎ Calgary Herald Montreal Gazette - Energy Business Review all 77 news articles »

   Globe and Mail

4. MarkWest Liberty announces de-ethanizer development ‎ You +1'd this publicly. Undo Gas Business Briefing - 4 hours ago MarkWest Liberty Midstream & Resources LLC announced the development of ... of the Mariner West ethane pipeline, that will move ethane to Sarnia, Ontario, ... Mariner West Completes Binding Open Season for Marcellus Ethane ...‎ Toronto Star MarkWest, Sunoco Moving Forward with Marcellus Pipeline Plans‎ NGI's Shale Daily (subscription) MarkWest Liberty Announces Major Milestones with Successful Open ...‎ Your Industry News (press release) LogisticsWeek all 20 news articles » SXL - MWE - ASX:EMA

5. NuStar to add to pipelines in deal with Valero ‎ You +1'd this publicly. Undo Houston Chronicle (blog) - Vicki Vaughan - 2 hours ago NuStar said it will reverse an 8-inch pipeline that now transports refined ... Midstream Partners LLC to develop a 70-mile pipeline to transport more than ... NuStar Energy teams with Valero on South Texas pipe project‎ Gas Business Briefing all 24 news articles » VLO - NS

   Houston Chronicle (blog)

6. Spectra Energy Again Named to the Dow Jones Sustainability World ... ‎ You +1'd this publicly. Undo MarketWatch (press release) - 1 hour ago ... of transmission pipeline, more than 305 billion cubic feet of storage, ... The company also has a 50 percent ownership in DCP Midstream, one of the ... SE - PINK:CMTX

7. P&F Low Pole - TSS, TTM, TU, TYY, UGP ‎ You +1'd this publicly. Undo Health Talk & You - Yvonne Magtibay - 34 minutes ago The Company's investments are primarily in mid-stream (mostly pipeline) opera tions, which typically produce steady cash flows with less exposure to ... TSS - TYY - TTM

8. Gap Ups - ANR, APL, BAC/WT/B, BAL, BGU ‎ You +1'd this publicly. Undo Health Talk & You - Yvonne Magtibay - 33 minutes ago Atlas Pipeline Partners, LP (the Partnership) is a provider of natural gas ... The Company conducts its business in the midstream segment of the natural gas ... ANR - BAL - APL

9. Moved Above Upper Price Channel - GEJ, GEL, HFC, HNR, HOS ‎ You +1'd this publicly. Undo Health Talk & You - Yvonne Magtibay - 34 minutes ago ... LP (Genesis) is a limited partnership focused on the midstream segment of the ... indirect 50% equity interest in Cameron Highway Oil Pipeline Company. ... GEJ - GEL - HFC

10. Deals of the day -- mergers and acquisitions ‎ You +1'd this publicly. Undo Reuters - 18 hours ago ConocoPhillips' chemical and pipeline operations will remain with the ... of its natural gas midstream assets in Colorado to a private midstream company for ... ETFC - AMTD

1. The Texas Express Pipeline will originate in Carson County and run to Mont Belvieu's fractionation ... Anadarko's vice president, Midstream, in a statement. ... Midstreamers and Producer Plan Texas NGL Pipeline‎ NGI's Shale Daily (subscription) Enterprise, Enbridge and Anadarko to Jointly Develop New NGL ...‎ Autochannel (press release) Anadarko to help build natural gas pipeline through Texas‎ Your Houston News all 28 news articles »  APC - EEP - EPD

   Autochannel (press release)

2. Sunoco Logistics Partners L.P. Announces Successful Open Season ... ‎ MarketWatch (press release) - 8 minutes ago Mariner West is a pipeline project developed jointly by Sunoco Logistics and MarkWest LibertyMidstream & Resources, LLC, a partnership between MarkWest ...  SXL - MWE

3. Range, NOVA execute pact to move ethane to Ontario ‎ Gas Business Briefing - 2 hours ago ... MarkWest Liberty Midstream & Resources LLC. Ethane will move via a new pipeline from Markwest Energy Partners LP's processing/fractionation facilities ... Blog: Range ethane headed to NOVA's Canada cracker‎ Bizjournals.com (blog) Range Resources sign sales contract with Nova Chemicals Corp‎ Energy Business Review NOVA Chemicals Signs Three Deals for Marcellus Ethane‎ NGI's Shale Daily (subscription) Your Project News (press release) all 30 news articles »  RRC - PINK:RGRLF - MWE

4. Can Sunoco Shed its Refineries? (SUN, MRO, MPC, COP, VLO, RDS-A, MUR) ‎ 24/7 Wall St. (blog) - 20 hours ago Beginning in the early 1990s, integrated oil companies and some independents began stripping away their midstream assets like interstate pipeline and ...  SUN - MPC - VLO

5. Kayne Anderson Energy Total Return Fund Provides Unaudited Balance ... ‎ MarketWatch (press release) - 13 hours ago Plains All American Pipeline, LP (Midstream MLP) 1089 66.0 5.3% 4. Teekay Offshore Partners LP (Marine Transportation) 1630 43.8 3.5% 5. ...  KYE - LON:INV

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   NGL Energy Partners LP Announces Agreement with SemStream L.P. to ... ‎ MarketWatch (press release) - 19 minutes ago Stephen Tuttle, President of the Midstream Division, stated, "This transaction will increase the number of terminals owned by the Partnership from three to ...  SEMG - NGL

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7. Blackwater Midstream plans Georgia storage expansion ‎ Gas Business Briefing - 1 hour ago New Orleans-based Blackwater Midstream Corp is in discussions with potential customers to expand its Brunswick, Georgia, oil storage facility by 150000 Bbls ...  OTC:BWMS

8. Lawmakers change gasoline volatility rules ‎ AberdeenNews.com - Bob Mercer - 13 hours ago Magellan Midstream Partners official Bruce Heine said the company's goal is to have consistency and uniformity among bordering states. ...

9. IPO Pipeline Starting to Flow for Lawyers Again After Slow Summer ‎ The Am Law Daily - Brian Baxter - 13 hours ago Inergy Midstream: The storage and transportation subsidiary of Kansas City, Mo. ... Inergy Midstreamhas turned to Vinson partners David Oelman and Gillian ...

10. Table of Unusual NYSE Stock Moves From RealTick ‎ Wall Street Journal - 15 hours ago ... ON DAY 1 NOBLE CORPORATION BA NE 33.39 0.79 2.44 2 CHESAPEAKE MIDSTREAM CHKM 27.60 0.26 0.95 RealTick provides a real-time service that measures unusual ...

11. A super success ‎ The West Australian - Gill Pringle - 7 hours ago But with the civil rights period drama, The Help, she switches course mid-stream, taking centre-stage - and holding her own - among a cast of heavyweights ...

    The West Australian

12. MARKET WATCH: Hurricane Irene inflicts no damage on energy markets ‎ Oil & Gas Journal - Sam Fletcher - 17 hours ago “Magellan Midstream Partners still has two facilities in Wilmington, Del., and New Haven, Conn., closed pending further inspection. ...

13. American Midstream Partners, LP quiet period ends September 5 ‎ Renaissance Capital - 23 minutes ago American Midstream Partners, LP, which owns natural gas gathering systems, processing facilities and pipelines, will see its quiet period end on 9/5/11. ...

14. APL to sell NGL production from processing facilities in Oklahoma ... ‎ istockAnalyst.com (press release) - 7 hours ago (Source: Datamonitor)Atlas Pipeline Partners, LP, or APL, has signed agreements with DCP NGL Services, LLC, a subsidiary of DCP Midstream, LLC, ...  APL

15. TractBuilder Offers Hart Energy GIS Data Products ‎ Online PR News (press release) - Kyle Souza - 10 hours ago Hart Energy (formerly Rextag Strategies) has the largest midstream GIS datasets ... With representation in the upstream, midstream, and downstream sector, ... Operations resume on Rainbow pipeline ‎ iNews880.com - Brent Pushkarenko - 17 hours ago Plains Midstream has announce that it is starting up service Tuesday on the northern segment of its line that runs from Zama City, northwest of High Level, ... ► Atlas Pipeline Partners signs 15-year contracts ‎ BusinessWeek - 23 hours ago DCP NGL Services is a subsidiary of DCP Midstream, LLC. Atlas said the agreements will provide long-term support for the company's previously announced ... Atlas Pipeline Partners LP reports launch of long term NGL agreements‎ Middle East North Africa Financial Network all 19 news articles »  APL - PINK:CMTX Storm schedule switches may force Coughlin to sit Giants starters ‎ New York Post - Bart Hubbuch - 3 hours ago “We have been doing a great job in New York of doing midstream adjusting,” Webster said. “We had a couple of times last year where we had some traveling ... New York Post Parabolic SAR Buy Signals - UNT, UPRO, URI, URTY, UTL ‎ Health Talk & You - Yvonne Magtibay - 22 hours ago In addition to its drilling operations, the Company has operations in the exploration and production andmid-stream areas. Its operations are conducted ...  UNT - UTL - URI Moved Above Ichimoku Cloud - WEC, WES, WPC, WTR, XLU ‎ Health Talk & You - Yvonne Magtibay - 20 hours ago With midstream assets in East and West Texas, the Rocky Mountains and the Mid-Continent, the Company is engaged in the business of gathering, processing, ...  WEC - WPC - WTR Storm hampers gasoline supplies ‎ Omaha World-Herald - Bob Glissmann - 17 hours ago ... a spokesman for Magellan Midstream Partners. Magellan officials don't yet have an estimate on when they expect to resume operations. ... New CCI Buy Signals - UDN, UDR, UFS, UGI, UNH ‎ Retirement Planning - Melanie Francine Santos - 23 hours ago ... a manager of midstream assets, and a regional provider of heating, ventilation, air conditioning, refrigeration and electrical contracting services. ...  UDR - UFS - UNH Bullish MACD Crossovers - ENP, ENR, EPB, EQT, FC ‎ Retirement Planning - Melanie Francine Santos - 23 hours ago EQT Midstream provides gathering, transmission and storage services for the Company's produced gas and to independent third parties in the Appalachian Basin ...  ENP - EQT - ENR New Source Energy becomes latest energy firm to file for IPO ‎ Renaissance Capital - 20 hours ago New Source Energy follows Laredo Petroleum (LPI), Inergy Midstream (NRGM), and Dynamic Offshore Resources (DOR) to become the fourth energy company to ...  OTC:NSEG - NSE:ONGC Gas storage draft OK'd ‎ Finger Lakes Times - 20 hours ago The DSEIS was submitted by Finger Lakes LPG Storage LLC of Kansas City, Mo., a subsidiary of Inergy Midstream LLC. A public hearing on the report has been ...

By Ayesha Rascoe

WASHINGTON | Thu Aug 25, 2011 5:46am EDT

(Reuters) - U.S. regulators sought public input on Wednesday about the need for increased oversight of the country's natural gas pipelines, as part of a push to strengthen safety after several deadly accidents.

The U.S. Transportation Department asked for comments about whether certain regulatory exemptions for pipelines built before 1970 should be eliminated and whether rules regarding pipeline integrity should be expanded.

"Incidents with significant consequences continue to occur on gas transmission pipelines, and this action will help us determine whether new requirements are needed to increase safety," Cynthia Quarterman, head of the department's pipeline oversight agency, said in a statement.

A 2.5-million-mile (4-million-km) network of pipelines crisscrosses the United States, carrying everything from crude oil to natural gas to refined products such as gasoline and jet fuel.

The department launched an oil and gas pipeline safety initiative in April after a series of high-profile accidents in the country's aging web of pipelines.

An explosion on a natural gas pipeline operated by UGI Utilities killed five people this past February in Allentown, Pennsylvania, while a blast on a PG&E Corp line in California last year killed eight people.

Many pipelines date to the 1960s or earlier and old lines are rarely retired. The overall length of active U.S. pipelines has grown more than 20-fold since the 1920s.

As part of its safety push, the department is also asking for feedback about the need to reduce operating pressure for some pipelines that are more than 40 years old.

Pipeline safety has actually improved sharply over the past 20 years. But from 2006 through 2009 U.S. oil and gas pipeline accidents killed 56 people, caused $1.2 billion in property damage and spilled 381,000 barrels of oil, government data shows.

Recent oil spills from TransCanada's Keystone pipeline, as well as Exxon Mobil's Silvertip line, have also raised concerns about the environmental risks posed by crude oil pipelines.

Earlier this year, the Senate commerce committee approved legislation that would raise fines against reckless operators of petroleum and natural gas lines and require automatic shut-off valves to prevent oil spills and gas explosions.

(Editing by Dale Hudson)

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Big, new pipelines on tap for Pa., Marcellus Shale

Similar pipeline construction followed earlier growth in shale gas production ... Bill Moler, president of Inergy's midstream division, said in a statement last month the company is confident that any environmental impact has been identified and either ...Yahoo Finance · 18 hours ago

Hearing set on underground LPG storage plan in Schuyler County

Inergy Midstream of Kansas ... would connect to an interstate pipeline and ship liquid petroleum gas by truck using state Routes 14 and 14A, as well as by a Norfolk Southern rail line. As proposed, the project involves construction of a rail and truck ...Ithaca Journal · 14 hours ago

Distinguished speakers to present at the 17th SPE Middle East Oil and Gas Show and Conference early next month in Manama, Kingdom of Bahrain

This year, the 17 th edition of this outstanding event will offer unmatched features and robust programme including around 38 technical sessions, 114 presentations and posters discussing various upstream and midstream oil and gas topics including ...Zawya.com · 15 hours ago

1. Southern Union in Red Bluff Project ‎ Zacks.com - 14 hours ago The company's midstream segment, Southern Union Gas Services (“SUGS”) will ... SUGS will construct approximately 60 miles of pipeline to deliver up to 20000 ...  SUG

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2. Despite market turmoil, six new companies added to IPO pipeline ‎ Renaissance Capital - 13 hours ago Six new companies were added to the US IPO pipeline Wednesday, indicating that ... InergyMidstream LP, a limited partnership formed by Inergy LP to own and ... Inergy files IPO for Inergy Midstream‎ Gas Business Briefing all 11 news articles »  NRGY

3. Marshall Ethane Will Be Sent to Canada ‎ Wheeling News Register - Casey Junkins - 7 hours ago He said this will occur because Caiman will build a pipeline to connect its Fort Beeler ... Last week, a company called Texas-based El Paso Midstream Group ... Caiman-NOVA deal finalized; ethane moves on Mariner‎ Gas Business Briefing Utica Shale Could Strain Appalachian Liquids Infrastructure‎ NGI's Shale Daily (subscription) all 4 news articles »

4. Nancy Laird Joins FilterBoxx Board of Directors ‎ Marketwire (press release) - 15 hours ago ... midstream assets, information technology and environmental portfolios. ... Canadian Oil Sands Trust, Alliance Pipeline Inc. and Sait Polytechnic. ...

5. Enbridge Announces Commercial Support for Northern Gateway Project ‎ MarketWatch (press release) - 22 hours ago ... the proposed crude oil export pipeline and the condensate import pipeline. ... involvement in the natural gas transmission and midstream businesses, ... Enbridge's $5.5B Northern Gateway pipeline project gets commercial ...‎ PennEnergy- Energy News (press release) all 47 news articles »  ENB - PINK:CMTX

   CBC.ca

6. Encana eyes Barnett shale sales ‎ Upstream Online - 35 minutes ago The company is also circulating some other non-core midstream producing ... day and include the associated processing and pipeline facilities on about 52000 ... Encana initiates process to divest of its North Texas natural gas ...‎ National Post (registration) all 10 news articles »  ECA - AND

7. Bakken Shale Bursting with Oil, Opportunities (OXY, HES, MRO, EOG ... ‎ 24/7 Wall St. (blog) - 20 hours ago A midstream company that is expanding its presence in the Bakken is Tesoro ... heavy crude coming from the Alberta oil sands for pipeline space and markets. ...  EOG - RES - CLR

8. Painted Pony Reports Second Quarter 2011 Financial Results and ... ‎ Marketwire (press release) - 10 hours ago In addition, a mid-stream gas processing facility experienced an ... per day ceased in late June 2011 after a third party pipeline was shut-in for repairs. ...  CVE:PPY.A - TSE:X

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   Inergy files plan for $300 million IPO ‎ MarketWatch - Mia Lamar - 25 minutes ago Formed by Inergy LP, Inergy Midstream will own, operate, develop and acquire midstream energy assets. Its current asset base consists of natural gas and NGL ... Inergy Midstream files for IPO of up to $300 mln‎ Reuters Africa Inergy Midstream (NRGM) Files $300M IPO‎ StreetInsider.com (subscription) all 14 news articles »  NRGY

10. Crestwood Midstream Partners LP to Participate in the Citigroup ... ‎ Newsday (subscription) - 22 hours ago About Crestwood Midstream Partners LP Houston, Texas-based Crestwood LP is a growth-oriented,midstream master limited partnership which owns and operates ... Genesis Energy, L.P. to Participate in Citigroup MLP/Midstream ...‎ MarketWatch (press release) Exterran Partners to Participate at Citigroup One-on-One MLP ...‎ EON: Enhanced Online News (press release) Crestwood Midstream Partners LP to Participate in the Citigroup ...‎ Environmental Expert (press release) all 40 news articles »  CMLP - GEL - EXLP

11. Southern Union board approves construction of gas processing plant ‎ Energy Business Review - 6 hours ago This $235m Red Bluff project will be built by the company's midstream segment, Southern Union Gas Services (SUGS). The new facilities will help SUGS ... Southern Union to build $235M natural gas plant in Permian Basin‎ Bizjournals.com Southern Union building $235m processor in Permian‎ Gas Business Briefing Southern Union's Permian Expansion Sends Multiple Signals‎ Toronto Star FuelFix (blog) - Reuters Africa all 35 news articles »  SUG - TSE:UNG.PR.C

    FuelFix (blog)

12. Vitol, Blueknight to construct oil terminal ‎ Modern Bulk Transporter - 15 hours ago Vitol Midstream LLC, a member of the Vitol Group; and Blueknight Energy Partners ... Vitol Midstreamhas acquired 90 acres in Midland County, where it will ...  BKEP

13. NuStar Energys CFO to address investors Wednesday ‎ San Antonio Express (blog) - 20 hours ago Blank's talk is part of the 2011 Citigroup One-on-One Master Limited Partnership/MidstreamInfrastructure Conference in Las Vegas to be held Wednesday and ... NuStar to Participate in Citigroup 2011 Master Limited Partnership ...‎ MarketWatch (press release) all 10 news articles »  NS - NSH

14. P&F Bear Trap – CHKM, CSR, FSC, IID, LOW ‎ Retirement Planning - Ben Black - 20 hours ago Chesapeake Midstream Partners, LP (NYSE:CHKM) slid ... Chesapeake Midstream Partners LP is focused on natural gas gathering, ...  CHKM - IID - CSR

15. Rainbow Pipeline approved for re-opening ‎ Peace River Record Gazette - Jeff Blay - 11 hours ago The Rainbow Pipeline, owned and operated by Plains Midstream Canada, ... "The ERCB has granted conditional approval to Plains Midstream Canada Ltd. to ...

16. Top 4 S&P 500 Utility Sector Stocks with a Buy Rating ‎ NewsyStocks.com - 16 hours ago EQT Corporation (NYSE: EQT) conducts its business through three business segments: production,midstream and distribution. The company has a total market ...  EQT

17. Atlas Energy, L.P. & Atlas Pipeline Partners, L.P. to Participate ... ‎ MarketWatch (press release) - 21 hours ago Atlas Pipeline Partners, LP /quotes/zigman/254709/quotes/nls/apl APL +3.52% is active in the gathering and processing segments of the midstream natural gas ...  APL - ATLS

18. Bearish 50/200-day MA Crossovers - LYB, LYV, MGK, NFG, OXY ‎ Retirement Planning - Melanie Francine Santos - 19 hours ago Occidental operates in three segments: oil and gas segment, chemical segment, and midstream, marketing and other segment. The oil and gas segment explores ...  LYB - NFG - OXY

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    Southern Union to build $235 mln natural gas plant in Permian ‎ Reuters Africa - Sumit Jha - Viraj Nair - 9 minutes ago It will be built by the company's midstream segment, Southern Union Gas Services. The plant will supply about 20000 barrels per day (bpd) of natural gas ... Southern Union Announces Permian Basin Midstream Expansion‎ MarketWatch (press release) Southern Union (SUG) Board Approves $235M Red Bluff Project‎ StreetInsider.com (subscription) all 16 news articles »  SUG - TSE:UNG.PR.C

20. Blueknight Energy Partners, L.P. to Participate in Citigroup MLP ... ‎ Business Wire (press release) - 15 hours ago (BUSINESS WIRE)--Blueknight Energy Partners, LP (“BKEP” or the “Partnership”) (NASDAQ: BKEP), amidstream energy company focused on providing integrated ... Blueknight Energy Partners, L.P. to Participate in Citigroup MLP ...‎ MarketWatch (press release) all 10 news articles »  BKEP

21. SemGroup files to take public new Cushing-focused midstream company ‎ Platts - 5 days ago SemGroup plans to take public a new midstream company focusing on assets located around the key market hub of Cushing, Oklahoma, according to a securities ... SemGroup net loss an improvement ; $12.3 million in red ink marks ...‎ istockAnalyst.com (press release) all 3 news articles »

22. Penn Virginia Resource Partners Pumps Out A Fat Yield ‎ Forbes - 21 hours ago The company pays a distribution that yields a juicy 7.9%, and it did not cut ... The increase was driven by contributions from the Natural Gas Midstream as ...  PVR

23. Inergy Swings To 3Q Loss; Plans Spinoff Of Some Midstream Operations ‎ Wall Street Journal - Melodie Warner - Aug 9, 2011 Inergy will own a substantial majority of Inergy Midstream, as well as the incentive distribution rights. "Our northeast midstream business continues to ... Inergy to Restructure Business Units‎ MarketWatch (press release) Inergy plans IPO of US northeast midstream operations‎ Reuters Africa Inergy plans IPO for new gas storage, pipeline unit‎ Bizjournals.com RTT News - Reuters all 25 news articles »  NRGY - ETR:WO3

24. Crestwood Midstream appoints Moxley as COO ‎ Gas Business Briefing - 1 day ago Crestwood Midstream Partners LP named Joel D. Moxley as its chief operating officer, who will also remain the company's senior vice president. ... Crestwood Midstream Partners LP names Joel D. Moxley as chief ...‎ Middle East North Africa Financial Network all 2 news articles »  CMLP - PINK:CMTX

25. Morgan Stanley invests in Sterling Energy midstream offshoot. ‎ Denver Post - Aug 12, 2011 The investment will support growth of Sterling Energy's midstream business in Colorado and North Dakota. Terms of the transaction were not disclosed. Morgan Stanley Private Equity and Sterling Energy Company Announce ...‎ MarketWatch (press release) Morgan Stanley Private Equity, Sterling Energy enter strategic ...‎ Banking Business Review all 18 news articles »  MS - PINK:STGAF

26. Blueknight to oversee crude oil terminal in Midland, Texas ‎ Tulsa World - Rod Walton - Aug 16, 2011 "The Midland terminal highlights Blueknight as an integrated midstream service company capable of developing unique solutions." Vitol Midstream has secured ... Vitol Group and Blueknight Energy Partners Announce Plans to ...‎ MarketWatch (press release) all 15 news articles »  BKEP

27. Kayne Anderson Midstream/Energy Fund to Speak at Enercom's 2011 ... ‎ MarketWatch (press release) - Aug 12, 2011 The Fund anticipates that the majority of its investments will consist of investments in Midstream MLPs andMidstream Companies. See Glossary of Key Terms ...  KMF

28. Expo shows complexity of energy industry ‎ Bizjournals.com (blog) - Melissa McEver - 19 hours ago ... industry — midstream providers, distributors, power-generation companies, ... I spoke to a few of thecompany representatives attending the expo and

The Global Oil Shale Market is Worth $2.88bn in 2011´ Says Visiongain Report

Autor: PR Newswire (engl.)

 |  22.08.2011, 12:00  |  193 Aufrufe  |   0  |  

LONDON, August 22, 2011 /PRNewswire/ --

http://www.visiongain.com/report/673/the-oil-shale-market-2011-2021

Oil shale is not a newly discovered energy source; it has been utilised around the world in various places and at various times for more than 150 years. Oil shale is an organic-rich sedimentary rock, found in around 40 countries throughout the world. It can be utilised as an energy source by heating the shale - through either an in-situ or ex-situ process - to release a substance called kerogen, which can then be refined into oil.

However, the high costs of oil shale extraction, together with the ready availability of conventional oil reserves, have made the oil shale industry uneconomic for most of the 20th century. Over the past few years, a combination of high oil prices, improved extraction technologies, and increasing energy demands has reignited interest in the oil shale industry, and a number of countries are currently seeking to establish major domestic oil shale markets. Visiongain´s The Oil Shale Market 2011-2021 report calculates the global oil shale market, defined as, spending on new infrastructure and upgrading of existing oil shale facilities plus spending on R&D, to be worth $2.88bn in 2011.

Though the industry will be faced with the restraints of proving the effectiveness of some of the new technologies on a commercial scale, overcoming environmental concerns, and confronting a weak global economy, the oil shale market is likely to provide substantial opportunities for potential investors. This report offers an examination of the oil shale market over the next decade, providing detailed market forecasts for each of the regional markets and offering in-depth analysis of the opportunities and challenges facing companies in the oil shale market throughout the world.

The report also describes the most important technological changes within the oil shale industry and assesses their importance for the growth of the market over the long-term. The various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the oil shale market.

Visiongain´s The Oil Shale Market 2011-2021 report details the prospects for this dynamic energy sector with detailed forecasts from 2011-2021. The report will be valuable to those already involved in the oil shale market or to those wishing to enter this important market in the future. The Oil Shale Market 2011-2021 report includes 118 tables, charts and graphs quantifying and forecasting the market in detail, and provides information on the 14 leading national markets. In addition, the report offers profiles of 33 of the leading companies involved in the oil shale business.

For more information on the report please click on:

http://www.visiongain.com/report/673/the-oil-shale-market-2011-2021

UPDATE 1-NY seeks information from gas companies -source

Thu Aug 18, 2011 7:05pm EDT

* New York AG sends subpoenas to three companies

* Seeks information related to claims over wells (Adds comment from Goodrich)

By Andrew Longstreth

NEW YORK, Aug 18 (Reuters) - New York's attorney general has sent subpoenas to three energy

 companies seeking information about the profitability of their natural gas wells, according to a

 source close to the investigation.

The subpoenas, from Attorney General Eric Schneiderman, are part of a broader inquiry into the oil

 and gas industry. Earlier this year, Schneiderman's office subpoenaed five energy companies for 

information on how the companies described to their investors the environmental impact of fracking,

 a controversial gas-drilling technique.

The three companies involved in the latest round of subpoenas are Range Resources Corp 

(RRC.N), Cabot Oil and Gas Corp (COG.N), and Goodrich Petroleum (GDP.N), according to the 

source, who asked not to be identified because the investigation is ongoing.

Schneiderman's office also sought additional information from Chesapeake Energy Corp

 (CHK.N), which was one of the five companies subpoenaed earlier.

Schneiderman is seeking information about the life of the gas wells, how long the companies 

can extract oil before they have to start fracking again, and how they calculate and record 

their oil reserves, according to the source.

"We are confident our production and reserves numbers are accurate and compliant with

 SEC requirements," said a spokesman for Chesapeake in a statement.

Goodrich acknowledged on Thursday it had received subpoenas from Schneiderman and the 

Securities and Exchange Commission seeking information about its Haynesville Shale gas wells and reserves. It said that it is cooperating with the requests and that neither the SEC nor Schneiderman had accused it of

 any wrongdoing.

"The Company is confident that its disclosures relating to its Haynesville Shale wells and 

reserves meet all applicable legal requirements," it said in a statement.

Calls to the other companies seeking comment were not immediately returned.

The subpoenas, which were sent earlier this month, were first reported by The New York 

Times.

MARTIN ACT

Schneiderman is conducting his investigation under the Martin Act, a New York statute that 

allows him to subpoena a broad range of documents in cases involving possible financial

 fraud. Since taking office in January, he has used the law to investigate life-insurance 

companies and the mortgage-securitization operations of the large banks.

During his tenure, Schneiderman has made environmental cases a priority. In May he sued the 

U.S. Environmental Protection Agency and others to demand a ban on gas drilling, including the 

use of fracking, in the Delaware River Basin until the conclusion of a study on the environ-

mental Impact...

Consol Consol selling some Marcellus interests for $3.4B to Noble Houston Chronicle - Joe Mandak - ‎9 minutes ago‎ Aug 18 2011 AP Texas News By JOE MANDAK AP © 2011 The Associated Press PITTSBURGH — Consol Energy says it is selling half of its interest in Marcellus Shale drilling in Pennsylvania and West Virginia to Noble Energy Inc. for $3.4 billion.

Pa. shale gas production increasing

UPI.com - Aug 17‎

Shale gas production was reported at 1.87 billion cubic feet per day. The US Environmental Protection Agency in May called on energy companies to do more to monitor drinking water downstream from treatment plants taking wastewater from the Marcellus ...

Marcellus Shale Sees Pipelines Mushroom

Utility Products - Claudia Mahn - Aug 17‎

The Marcellus Shale stretching across Pennsylvania and New York state is increasingly becoming busy for pipeline companies in the United States in order to connect newly found shale gas riches to markets in the north-eastern US and ...

Latest Pennsylvania Business

WSLS - ‎Aug 15, 2011‎

The exploration companies need to find takers for the gas, and analysts from Colorado-based Bentek Energy say more pipeline capacity is needed if Marcellus Shale gas is going to ease winter price spikes at key northeastern US hubs. ...

Natural gas drilling leaving East Tenn. for Northeast

Knoxville News Sentinel - Ed Marcum - ‎Aug 14, 2011‎

Advances in technology and a shift toward drilling in shale formations will lower drilling and operating costs and open up greater stores of natural gas, according to the report. The EIA estimates the wellhead price of natural gas will rise by about ...

Pittsburgh Tribune-Review: Natural-gas supply is a sparkplug for state

NorthcentralPa.com - Marcellus Shale - ‎Aug 15, 2011‎

“It looks like the Marcellus shale is going to get us there.” Because of high oil prices, energy markets haven't helped the nation's sputtering economy. But gas-powered businesses might be better positioned to blossom during tough times, analysts said. ...

Is shale boom about to hit Raleigh County?

Beckley Register-Herald - Taylor Kuykendall - ‎Aug 13, 2011‎

But, if at the end of the day, you don't want to work with us, we say thank you, and off we go.” Boley is also eyeing expansion of the properties that could be used for drilling. If New River likes the work Deep Earth Energy has done in Raleigh County, ...

NEPA natural gas customers could benefit from Marcellus Shale by 2012

Standard Speaker - Elizabeth Skrapits - ‎Aug 16, 2011‎

Mike Sturla, D-Lancaster, and Eddie Day Pashinski, D-Wilkes-Barre, heard from members of the Gas Drilling Awareness Coalition, the Marcellus Shale Coalition and Wilkes scientists. Pashinski said the idea behind the hearing - the latest in a series ...

Monday Morning Coffee: A Question Of Fairness.

Capitol Ideas with John L. Micek (blog) - ‎Aug 15, 2011‎

With the coming debate over an impact fee for Marcellus shale drillers, the AP reminds us that much of the discussion will center on the issue of fairness: What do drillers owe to their host communities and how much is a reasonable price to pay? ...

Marcellus Shale Impact Fee Opportunities=Jobs

Patch.com - ‎Aug 16, 2011‎

My approach takes this into account while providing job creation. As I have written before, there are many important issues confronting the legislature this fall. As we discuss and debate the problems facing us, I am committed to doing everything in my ...

Utica formation may be too old for use

Altoona Mirror - David Hurst - ‎Aug 14, 2011‎

Chesapeake Energy, with major eastern Ohio land holdings, is already setting itself up as a major player in Utica Shale exploration. They plan to have 16 to 20 rigs exploring for oil there by late 2012, a company press release indicated. ...

Hydrofracking a boom-bust endeavor

Albany Times Union - Susan Christopherson - ‎Aug 13, 2011‎

And long term, drilling regions may be left worse off than before they boomed. Evidence from already developed shale plays indicates that shale gas drilling relies mostly on out-of-state workers. Local employment is concentrated in trucking, ...

Answering Your Burning Questions About Natural Gas Drilling

StateImpact Pennsylvania - Scott Detrow - ‎Aug 15, 2011‎

Pennsylvania's Marcellus Shale boom is a confusing topic, and we want to help clear things up. So, we're launching a new series called “burning questions,” where we answer your top questions about natural gas drilling. ...

Forced pooling for Marcellus Shale gas is nothing more than greed

PennLive.com - Eric Epstein - ‎Aug 14, 2011‎

They are not Wall Street bankers and Northeastern industrialists seeking great expanses of America for chump change to build railroads. They are not the last pulse of the smoldering coal industry seeking to crawl under your front porch and sink ...

Water at risk from drilling

Centre Daily Times - Cliff White - ‎Aug 13, 2011‎

It's “critical” for all Pennsylvanians who have private water wells and live anywhere near Marcellus Shale drilling activity to have their wells tested, a Cooperative Extension official says. ...

NEOS GeoSolutions'' Study Of Marcellus Shale Kicks Off In Pennsylvania

OilVoice (press release) - ‎Aug 16, 2011‎

Dr. Craig Beasley, VP of Exploration for NEOS, commented: "The Marcellus is one of the most active unconventional shale plays in North America. The largest E&P operators plan to drill hundreds of wells and spend billions of dollars every year for the ...

State divided on natural gas drilling

Auburn Citizen - ‎Aug 14, 2011‎

At the federal level, advisors to Secretary of Energy Steven Chu, who heads the US Department of Energy, released a report with shale gas recommendations. One of their recommendations is the “full disclosure of all chemicals used in fracturing fluids. ...

Let's Make a “Local Impact” on PA's Marcellus Shale Policy

Patch.com - ‎4 hours ago‎

Nearly everyone agrees that Pennsylvania needs to do something to formulate a comprehensive policy approach to Marcellus Shale natural gas drilling—unfortunately, almost no one can come to a consensus on what that “something” should be. Gov. ...

Pennsylvania Wants Operator Wastewater Clarification

NGI's Shale Daily (subscription) - ‎14 hours ago‎

29 that they have stopped delivering wastewater from Marcellus Shale gas drilling to municipal treatment facilities. The move follows a request by the DEP in April for operators to stop delivering the wastewater to 15 facilities in the state that were ...

Big, new pipelines on tap for Pa., Marcellus Shale

BusinessWeek - Marc Levy - ‎Aug 14, 2011‎

For now, Bentek said about 3 billion cubic feet (bcf) per day of gas is flowing from the Marcellus Shale, the nation's largest-known natural gas reservoir. Production is rising quickly as crews busily drill more wells, and the flow should easily reach ...

Aug. 25 Webinar to Examine Effect of Marcellus Gas Activity on Habitat

Gant Daily - Chuck Gill - ‎Aug 15, 2011‎

Titled, “A Research Update on the Effects of Marcellus Shale Drilling on Wildlife Habitat,” the one-hour session will take place at 1 pm on Aug. 25. “The webinar will cover landscape and habitat changes associated with Marcellus Shale exploration and ...

Eureka Resources Meets or Exceeds Proposed Pennsylvania Regulations for ...

Sacramento Bee - ‎18 hours ago‎

Eureka is playing an important role in addressing the needs of Marcellus Shale natural gas operators by providing an environmentally-sustainable method for handling flowback water from hydrofracturing and produced water from drilling operations. ...

Big, new pipelines on tap for Pa., Marcellus Shale

Newsday (subscription) - ‎Aug 14, 2011‎

Click here Big, new pipelines on tap for Pa., Marcellus Shale Published: August 14, 2011 12:49 PM By The Associated Press MARC LEVY (Associated Press) (AP) -- Pennsylvania and the Marcellus Shalenatural gas reservoir are emerging as a key focus of ...

Is shale boom about to hit Raleigh County?

istockAnalyst.com (press release) - ‎Aug 14, 2011‎

"We haven't had any competition; we haven't had anybody trying to lease right next to us." Waiting for other companies to drill in southern West Virginia, he said, may have been too late for some people.

Groups Ask Cuomo to Extend Fracking Review

New York Times (blog) - Mireya Navarro - ‎Aug 16, 2011‎

The regulations, which are in their second draft, would govern drilling in the rich natural gas field known as the Marcellus Shale and in other areas of the state. The request for an extension drew support from the chairmen of the environmental ...

Gas, oil production rise in PA during first six months 2011

Gas Business Briefing - ‎3 hours ago‎

Natural gas production in the Pennsylvania portion of the Marcellus Shale play spiked to 432.5 Bcf during the first six months of the year, compared to 271.8 Bcf in the last half of 2010, the state Department of Environmental Protection reports. ...

Letter: Some suggestions

Centre Daily Times - ‎1 hour ago‎

First, levy a fair severance tax on the Marcellus Shale gas industry, as is done in many states. It would not cause job losses because a company cannot take its gas deposit and move it into another state. Another opportunity is privatization of the ...

Sierra Club warns of side effects from gas drilling in Raleigh County

Beckley Register-Herald - Taylor Kuykendall - ‎Aug 15, 2011‎

By Taylor Kuykendall Register-Herald Reporter BECKLEY — Raleigh County may be set to experience some of the wealth that is to come from Marcellus shale drilling, but at least one group is cautioning residents about potential side effects of a gas boom ...

Marcellus Shale: Local jobs for local workers?

Charleston Gazette (blog) - Ken Ward Jr - ‎17 hours ago‎

We've written before about questions being raised concerning whether local workers will benefit from jobs being created by the boom in Marcellus Shale drilling (see here and here). The news comes as a blow to local union construction workers and ...

Fairness test applied to shale tax | Philadelphia Inquirer | 2011-08-15

Philadelphia Inquirer - Marc Levy - ‎Aug 15, 2011‎

Ed Rendell first proposed a severance tax on the industry in 2009, soon after it began drilling in to the Marcellus Shale in earnest. He proposed a tax identical to West Virginia's, but opposition from the Senate's GOP majority - not to mention the ...

Marcellus Shale production jumps in southwest Pennsylvania

Bizjournals.com (blog) - Anya Litvak - ‎Aug 16, 2011‎

New Marcellus Shale well production data shows a 55 percent spike in natural gas production in southwestern Pennsylvania over the last six-month period. That's based on data for 2143 unique wells, of which more than half were not producing for various 

PITTSBURGH -- Gov. Tom Corbett says he may finally be ready to agree to a fee, rather than a tax, on Marcellus Shale gas drillers.

"An appropriate impact fee I can see adopting and making sure the money goes into the communities," Corbett said Monday during a visit to the Pittsburgh Zoo & PPG Aquarium.

Corbett said he might also be willing to allow that fee to be used to cap old natural gas wells.

But one thing to which he said he won't agree is taxing the Marcellus Shale industry to fund the state budget.

"We're competing with other states like West Virginia, New York and Ohio to keep the jobs here in Pennsylvania," Corbett said.

Corbett's critics disagree with his argument that Marcellus drillers will pull up stakes in Pennsylvania if the state imposes a severance tax.

"They've leased up a huge percentage of Pennsylvania already. They're not going to just abandon those leases. I don't think there is any chance of that," said Myron Arnowitt, of Clean Water Action.

During a recent trip to Norway, Team 4's Jim Parsons learned that some of the same companies that have interest in Pennsylvania's Marcellus Shale have been drilling offshore for natural gas in the Arctic and paying a hefty tax on their profits.

"People in Norway, they really demand they get something back from all this industrial activity," said Reinhold Fieler, of the Norwegian Institute for Water Research.

Fieler is an environmental consultant to corporations that extract natural resources in the Arctic Circle.

Norway's oil and gas tax reserve fund is so large now that it owns 1 percent of the world's stocks.

But Corbett said Pennsylvania already has one of the most burdensome tax structures for corporations and that he doesn't want to make it worse by imposing a new tax.

Read more: http://www.wtae.com/news/28803971/detail.html#ixzz1UX9ejef8

Wed Aug 3, 2011 9:42am EDT