Very good news for those few Marcellus/Utica drillers who ship their ethane out of the northeast via the ATEX (Appalachia to Texas) Express pipeline. Enterprise Products Partners announced last week that the very first cargo of ethane to be exported from its brand spanking new Morgan’s Point, Texas terminal was loaded onto a ship headed for Norway. Some 265,000 barrels of ethane, some of the ethane (much of it?) came from the Marcellus/Utica via the ATEX Express pipeline. Who are the lucky Marcellus/Utica drillers now selling their ethane via the Gulf Coast?…
