Midstream assets included in the joint venture include a natural gas processing plant in Tioga, N.D. Hess Infrastructure will make an IPO of Hess Midstream Partners LP common units.
NGL prices went through their roughest patch since 2008, but questions still remain over whether the market’s recovery has begun or not.
Key North American Hub Prices: July 1, 2015
Colonial's Line 1, with a capacity of 1.2 million barrels per day, runs from Houston to Greensboro, N.C. The current allocation is for the pipeline segment north of Collins, Miss.
The Lucerne 2 natural gas processing plant connects to the Front Range Pipeline for NGL takeaway to Mont Belvieu, Texas.
DCP has a one-third ownership interest in the pipeline.
A 670-kilometer natural gas pipeline will run from Groundbirch area near Dawson Creek, British Columbia, to proposed LNG Canada liquefied natural gas export facility near Kitimat, also in the province.
There will be 220 million cubic feet per day of firm capacity on T-North Pipeline, beginning Nov. 1, 2016. The 25-year term is for 200 million cubic feet per day.
Index of the four largest publicly traded U.S. railroads dropped 20% from November, Bloomberg said. Low natural gas prices drain coal demand; oil drilling slows. Petroleum carloads are down 0.6.
Only a portion of the Utica and Marcellus pipeline was up for sale, but a premium bid worth hundreds of millions changed CEO Gary Evans’ thinking.
Key North American Hub Prices: June 25, 2015
The Mountaineer XPress and Gulf XPress projects will provide 2.7 billion cubic feet per day of gas from Marcellus and Utica to markets served by two Columbia systems.
Total SA talks sale of Frigg pipeline network to ArcLight Capital Partners, two people familiar with private matter told Bloomberg. Frigg takes U.K. North Sea gas to St. Fergus, Scotland.