Archive for 'Energy Services'
Penn Virginia Resource Partners (PVR) is kicking up its commitment to the Marcellus Shale in northeastern PA a notch. Yesterday they announced they would invest $380 million on Marcellus Shale pipeline projects including a new extension to its natural gas pipeline in Lycoming County, PA. The announcement also reveals that they have commitments from Shell, [...]
Some high paying jobs are on the way to Marshall County, WV courtesy of a new natural gas processing plant being built by Dominion and opening in December. What’s good paying? How does $30 per hour sound?
First announced back in early April, Penn Virginia Resource Partners (PVR) deal to buy Chief Gathering for $1 billion has officially closed on Friday. The deal creates a very large presence in the Marcellus Shale midstream space for PVR. From the PVR press release:
An unnamed driller in Ohio has asked Canadian company GASFRAC to use its waterless fracking technology to drill two trial wells in the Utica Shale. You may recall that a group of Tioga County, NY landowners with a collective 135,000 Marcellus Shale acres were set to use GASFRAC’s LPG (liquefied petroleum gas) technology to jump [...]
Eureka Resources announced yesterday it will build a brand new “world-class” shale wastewater treatment facility in Bradford County, PA (near Towanda, PA). The first phase of the construction will be complete by the end of this year, and the second phase by the end of next year. According to Eureka, the facility will reduce the [...]
Let’s be honest. Using eminent domain to force landowners to allow interstate pipelines to be run across their property is a bad idea. At least it is in MDN’s opinion. Some pipeline companies have sought and have been awarded public utility status, and that status allows them to use eminent domain to grab property to [...]
We now know the specific location of a previously announced $400 million shale gas collection and processing plant being built in Columbiana County, Ohio by a joint venture between Chesapeake Energy, M3 Midstream and EV Energy Partners.
MDN highlighted a story last week in which Enterprise Products Partners, the company building a new ethane pipeline across Ohio, sued a farmer to gain access to his land in order to survey it to chart a route for the pipeline (see this MDN story). The farmer offered alternative routes to avoid prime hay fields [...]
Hydro-Recovery operates a shale gas fracking wastewater treatment facility in Blossburg (Tioga County), PA. It’s just announced a $15 million expansion of the plant with plans to add an additional 20-25 employees and ramp up to 24/7 operations. Construction is set to start as soon as permits are received on a “crystalizer and six 500,000 [...]
Crosstex Energy, L.P., a midstream natural gas company headquartered in Dallas, TX that operates approximately 3,300 miles of pipeline, ten processing plants and four fractionators, wants a piece of the Utica Shale action and announced they are buying out privately-held Clearfield Energy to get it. From the Crosstex press release:
Dominion Resources, the third-largest public utility in the U.S., held its annual shareholder’s meeting in Pittsburgh on Tuesday where president & CEO Thomas Farrell announced plans to expand natural gas pipeline and processing projects in every state where there is Marcellus and Utica Shale. Ten company-endorsed candidates were voted on and approved for the board [...]
Pipeline giant MarkWest has just gobbled up another, albeit much smaller, competitor. MarkWest announced yesterday it is purchasing Keystone Midstream for $512 million. Keystone is owned by Stonehenge Energy Resources and Rex Energy with operations primarily in Butler County, PA. As part of the deal, MarkWest will gain contracts and a partnership with Rex Energy [...]