SM Energy said Thursday it closed the previously announced sales of its remaining assets in the Williston Basin in North Dakota, and third-party-operated assets known as Halff East in Upton County, Texas, for $292.3 million. The properties acquired by privately-held, independent producer Petro-Hunt include roughly 246 operated and 51 non-operated wells and 119,000 net acres of … Read more
Construction on the Mariner East 2 liquids pipelines in Pennsylvania has been halted again, Kallanish Energy reports. The Mariner East 1 liquids pipeline that has been in operation was also shut down. Administrative law Judge Elizabeth Barnes stopped construction in Chester County’s West Whiteland Township until the state’s Public Utility Commission (PUC) determines the twin pipelines … Read more
The UK’s busiest liquefied natural gas (LNG) import terminal, South Hook LNG, has been granted a technical modification to its network entry agreement (NEA) and will be able to expand its imports sources, Kallanish Energy learns. The joint venture between Qatar Petroleum (67.5% ownership), ExxonMobil (24.15%) and Total (8.35%) has applied to the Joint Office … Read more
Roughly 38% of additional natural gas pipeline capacity is slated to come online in the U.S. Northeast just in 2018, according to the Energy Information Administration. By the end of this year, if all projects come online by their scheduled service dates, more than 23 billion cubic feet per day (Bcf/d) of … Read more
The Haynesville Shale is back. Natural gas production in the dry gas shale play jumped in both 2017 and 2018. The U.S. Energy Information Administration is projecting Haynesville gas production in May 2018 to reach 8.54 billion cubic feet per day (Bcf/d), up from April’s 8.33 Bcf/d. Production was roughly 6.00 Bcf/d in January 2017. Quiet … Read more
The state-run Bangladesh Power Development Board (BPDB) has signed a joint-venture agreement with China Huadian Hong Kong Company Ltd. to build a 1,320-megawatt coal-fired power plant in Bangladesh. The JV expects within a month to begin construction on the $2 billion power plant project at Moheshkhali Island in Cox’s Bazar district, 415 … Read more
TransCanada may begin preliminary work on its $8 billion Keystone XL oil pipeline project in Montana this coming autumn, with full construction in 2019, Kallanish Energy reports. That possibility emerged last week in a letter from the U.S. State Department to Native American tribes in Montana. The April 10 letter states the Assiniboine … Read more
French oil major Total reached record production in the first quarter of 2018, posting 5% growth year-over-year, despite the expiration of the Mahakam permit in Indonesia, Kallanish Energy reports. The company’s oil and gas output reached 2.70 million barrels of oil-equivalent per day (MMBOE/d) during the January-March period, compared to 2.56 MMBOE/d a year earlier. … Read more
New York State regulators have denied a permit for a pipeline expansion designed to increase natural gas deliveries to New York City, The Associated Press reports. The Northeast Supply Enhancement project proposes to expand the Transco pipeline system, which extends from Texas to the Northeast coast. It would include installation of 17 … Read more
The U.S. Nuclear Regulatory Commission said last week it will issue a license to utility Florida Power & Light for two new nuclear reactors at Turkey Point, south of Miami, doubling the number of reactors onsite. Juno Beach, Fla.-based FPL has sought an operating license from the NRC since 2009 for the … Read more
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