Tetco TEAL Pipe Partial Start Up, Feeding NEXUS Pipe
On Tuesday, Enbridge, owner of the Texas Eastern Transmission Company (Tetco) Pipeline, announced it has put part of its Texas Eastern Appalachian Lease (TEAL) natural gas pipeline project in Ohio into service. TEAL boosts capacity along Tetco by 950 million cubic feet per day (MMcf/d), to flow Marcellus/Utica gas to the recently-completed-but-not-yet-online NEXUS pipeline (see FERC Authorizes Tetco TEAL Phase II – Connecting to NEXUS Pipe).
Read More “Tetco TEAL Pipe Partial Start Up, Feeding NEXUS Pipe”
Each large (over 475 megawatts) gas-fired electric power plant is an economic bonanza. The plants cost hundreds of millions of dollars to build–over a billion dollars for the largest plants. They provide hundreds of jobs during construction, jobs that last several years. They provide millions in tax revenue to local municipalities and schools. And best of all, each one of these plants uses an enormous amount of Marcellus and Utica Shale gas. There are 29 of these incredible projects already built or in various stages of planning and construction in PA, OH and WV. We have the list below.
Nuverra Environmental Solutions (formerly Heckmann) is one of the largest companies in the United States that handles transportation and disposal of shale drilling wastewater and leftover rock and dirt from drilling. The company has major operations in the Marcellus/Utica region. Those operations are expanding. Nuverra announced last Friday it has purchased, lock, stock and barrel, ClearWater Solutions, an Ohio injection well operator. Purchase price was $41.9 million. Looks like Nuverra has fully recovered from bankruptcy just one year ago.
On Sunday, what will be the tallest and heaviest piece of equipment that’s part of the mighty $6 billion Shell ethane cracker in Monaca (Beaver County), PA was hoisted into place. It’s called a “quench tower” and it looks like a humongous silo. It’s 300-feet high, which translates into about 30 stories. One of the world’s largest cranes had to be reserved a year ago in order to do the lifting. It took all day, but by 3:30 pm, the quench tower was standing upright–yet another monument to the power of the Marcellus Shale.
Antero Resources, one of the biggest drillers in the Marcellus/Utica, is the latest in a string of companies to shed its master limited partnership (MLP) structure. Antero uses an MLP for two different pipeline subsidiaries. The company announced yesterday that one of the subsidiaries will buy out the other, and then convert the merged entity into a corporation. The move simplifies Antero’s midstream operations. Here’s the details.
Our country sacrifices a lot on the altar of so-called safety. Crises are often used as an excuse for “the government” to use a heavy hand in controlling people and actions they (“the government”) deem a threat. Usually it’s a threat to their power. But the justification offered by the government is to protect the well-being of the citizenry. And the citizenry, convinced they are in mortal peril, is only too happy to yield their hard-won rights as free citizens–in the name of “safety.” It’s happening again–this time in the People’s Republic of Massachusetts, where unelected regulators have ordered a private business, National Grid, to cease all work on its natural gas pipeline system following a minor incident of too much pressure.
The “best of the rest”–stories that caught MDN’s eye that you may be interested in reading: Cabot Oil & Gas Corporation provides operational update; Oakmont residents demand stricter gas and oil well regulations; WV PSC orders lower natural gas rates; Dallas Cowboys owner Jerry Jones seeks shale gas deals in Haynesville; Trial starts for climate protesters in Trump, pipeline country; Anti-pipeline activists play a cynical, costly game; China blinks first in LNG face-off with U.S.; QP CEO: LNG shortage to hit sooner than expected; Big Oil’s bet on natural gas is a slow burn.