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5 May, 2021 Author Allison GoodKrizka Danielle Del Rosario
Major U.S. natural gas pipelines have 1.1 million Dth/d of firm transportation contracts scheduled to roll off during the second quarter, according to an analysis of S&P Global Market Intelligence data.
Stagecoach Pipeline & Storage Co. LLC could see nearly 7% of its contracted capacity roll off when a contract for 150,000 Dth/d of firm transportation ends June 30. Owners Crestwood Equity Partners LP and Consolidated Edison Inc. are in the process of selling the 185-mile system that sends Marcellus Shale gas to Northeastern markets, with Crestwood recently taking a $120 million impairment on its share of the asset to attract buyers. Stagecoach representatives had not responded to requests for comment on the expiring contract at the time of publication.
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16 Feb, 2021 Author Allison GoodCorey Paul
Some Gulf Coast oil and natural gas midstream infrastructure remained sidelined Feb. 16 as Texas bore the brunt of historically harsh winter weather and extended power outages.
Andy Weissman, CEO of energy research and consulting firm EBW AnalyticsGroup, told clients on Feb. 15 that at least 7 Bcf/d of [gas] production was shut-in and . at least 1.5 million [barrels/d] of oil production is lost as drillers halted operations.
As of Feb. 16, these supply disruptions were still trickling down to the pipelines that transport oil and gas volumes from shale plays like West Texas Permian Basin and the Mid-Continent.