Several large natural gas interstate pipeline projects have come online in recent years to support the shifting geography of domestic natural gas production. The Marcellus and Utica shale plays in the Northeast, where production has grown and resources are abundant, are major drivers for pipeline development. In 2016, the Federal Energy Regulatory Commission (FERC) certificated 17.6 billion cubic feet per day (Bcf/d) of new natural gas pipeline capacity. So far in 2017, FERC certificated more than 7 Bcf/d of new pipeline capacity before losing its quorum following the departure of one commissioner in February, which left just two sitting commissioners and three vacant seats.FERC oversees the interstate transmission of natural gas, which includes the regulation of interstate transportation rates and services for natural gas pipelines, natural gas pipeline construction, and related pipeline environmental matters. Pipeline certification involves reviewing applications for the construction and operation of natural gas pipelines and ensuring that applicants comply with safety standards.Receiving a certificate is just one step in the process of building and operating a new pipeline; pipelines receiving certification in 2017 will not necessarily come online in 2017.The seven projects certificated during the first few weeks of 2017 include more than 1,500 miles of natural gas pipeline construction and expansions, involving combined additions of more than 7 Bcf/d of capacity. The pipeline projects are concentrated in the eastern half of the United States to improve access to markets for growing eastern natural gas production, and they have projected 2017 and 2018 in-service dates.
Source: FERC certificates several new natural gas pipelines in 2017 – Today in Energy – U.S. Energy Information Administration (EIA)
A San Antonio-based company has entered into a joint venture to build a 730-mile pipeline that will link the oil fields of the Permian Basin to refineries and marine terminals at Port Corpus Christi.
Source: San Antonio-based TexStar Midstream Logistics to build EPIC Pipeline linking Permian Basin to Corpus Christi – San Antonio Business Journal
Posted in CERAWeek, Corpus Christi, Permian, Pipeline, Port of Corpus Christi
Tagged CERAWeek, Corpus Christi, IHS CERAWeek, Permian, Pipeline, Port of Corpus Christi, TexStar Midstream
Cheniere Midstream Holdings is looking to build a 200-mile pipeline that would move 1.4 billion cubic feet of natural gas from Okarche to Bennington.This includes three compressor stations, with one in Bryan County and in Garvin county.”Right now we’re estimating it could be up to a $1 billion project that could potentially bring up to 1,000 jobs during production.” Director of Government and Public Affairs for Cheniere Midstreams said.
Source: Natural gas pipeline may come to Oklahoma
The Sierra Club filed a motion to oppose a $1.5 billion pipeline by Houston-based Spectra Energy Corp. (NYSE: SE) to deliver natural gas from the Eagle Ford Shale to customers in Mexico.Just a few hours ahead of a Dec. 23 deadline for public comment, Sierra Club attorney Nathan Matthews filed a motion to intervene with the Federal Energy Regulatory Commission to oppose the Valley Crossing Pipeline.
Source: Sierra Club files motion to intervene in Valley Crossing Pipeline’s FERC application – Houston Business Journal
Clean-energy and community activists have been able to stall or kill most new natural gas pipeline proposals in New England, but one expansion project has made it.The Algonquin Incremental Market project went into service last month. It increased the region’s pipeline capacity for the first time since 2010, and represents the largest venture since 2007, according to the U.S. Energy Information Administration. The $972 million project expanded the major pipeline carrying gas from the Appalachian shale deposits into the region by upgrading compressor stations and increasing pipe size in some places.The expansion will provide an additional 342 million cubic feet of gas a day. The region burns roughly 4.5 billion cubic feet on a winter’s day – equal to 31 million gallons of heating oil – so the contribution isn’t a game changer.
Source: Despite opposition, project expands New England natural-gas pipeline capacity – The Portland Press Herald
One of Dallas’ largest public companies has claimed a major stake in a Houston-based midstream company.Dallas-based Energy Transfer Partners LP (NYSE: ETP) will buy the general partner of PennTex Midstream Partners LP (Nasdaq: PTXP), along with certain other interests, for about $640 million, the companies announced Oct. 25. The transaction is expected to close by the end of the year.
Source: Energy Transfer Partners to buy PennTex Midstream Partners’ general
Dakota Access pipeline parent co. to buy interest in Houston midstream co. for $640M
partner – Houston Business Journal
The Seaway Pipeline Co shut down part of its pipeline system following a leak of crude oil in Cushing, Oklahoma on Monday, said Enterprise Products Partners LP, which operates the pipeline in a venture with Enbridge Inc.The 500-mile, 30-inch diameter pipeline system connects the U.S. crude storage hub of Cushing to the Freeport, Texas area, and a terminal and distribution crude oil network that serves all the refineries in the Greater Houston area.The prompt crude spread, which often correlates to the supply-demand balance in Cushing, traded as wide as 69 cents on Monday, the biggest discount in nearly two months.Energy intelligence firm Genscape also reported the shutdown of its 450,000 bpd Seaway Twin pipeline, which twins the existing Seaway pipeline.The Seaway Pipeline system has a total capacity of about 850,000 bpd, according to the company website.A company spokesman said the spill occurred on the Seaway legacy line. He could not immediately confirm if the incident also resulted in the shutdown of the Seaway Twin pipeline, and did not provide an estimate of the volume spilled.The Seaway spill comes on the heels of a Sunoco Logistics Partners LP pipeline spill on Friday, which released about 1,300 barrels (55,000 gallons) in the vicinity of the Susquehanna River in Lycoming County, Pennsylvania.
Source: Enterprise says part of Seaway Pipeline shut after Cushing, Oklahoma spill | Reuters
Enbridge Inc. announced Wednesday that hundreds of its employees have lost their jobs as the Calgary-based firm moves to cut 5 per cent of its work force.One month after the oil pipeline giant announced a $37-billion deal to buy Houston-based Spectra Energy Corp. to create North America’s largest energy infrastructure firm, an Enbridge spokeswoman said the company will reduce its work force by approximately 5 per cent across the organization.About 530 positions are affected – including 370 in Canada and 160 in the U.S.
Source: Enbridge to cut 370 jobs in Canada, 160 in the U.S. – The Globe and Mail
nbridge Inc. (TSX, NYSE: ENB) (Enbridge) and Spectra Energy Corp (NYSE: SE) (Spectra Energy) today announced that they have entered into a definitive merger agreement under which Enbridge and Spectra Energy will combine in a stock-for-stock merger transaction (the “Transaction”), which values Spectra Energy common stock at approximately C$37 billion (US$28 billion), based on the closing price of Enbridge’s common shares on September 2, 2016. The combination will create the largest energy infrastructure company in North America and one of the largest globally based on a pro-forma enterprise value of approximately C$165 billion (US$127 billion). The Transaction was unanimously approved by the Boards of Directors of both companies and is expected to close in the first quarter of 2017, subject to shareholder and certain regulatory approvals, and other customary conditions.
Source: Enbridge and Spectra Energy to Combine to Create North America’s Premier Energy Infrastructure
H2O Midstream, LLC announced today that it has secured an initial funding commitment of $100 million, with investments from EIV Capital and co-investments from several of EIV’s institutional partners collectively representing more than $50 billion in assets under management. The company is currently pursuing oil and gas opportunities related to water infrastructure throughout North America.“We see a tremendous opportunity to help the industry lower costs, increase reliability, and improve safety performance while allowing producers to focus on core drilling, completions, and production operations,” said Jim Summers, Chief Executive Officer of H2O Midstream. “The key is applying best practices developed over the past 40 years by traditional midstream companies to the current challenges of the emerging water market.”
Source: EIV Capital and partners commit $100 mln to H2O Midstream – PE HUB