Pa. agency wrongly issued air permit to Sunoco NGL plant, state board says
Pennsylvania's Environmental Hearing Board ruled that the Department of Environmental Protection wrongly issued an air quality permit to Energy Transfer LP's Sunoco Pipeline LP for its NGL plant at the Marcus Hook facility near Philadelphia and ordered the department to reassess the permit application. The state board ruled Jan. 9 that the department was mistaken when it assessed the emissions of multiple projects at the Marcus Hook facility in Delaware County, Pa., and treated them separately, rather than evaluating the project as a whole to determine whether air quality regulations are necessary.
Antero to cut spending in 2019 on falling prices, still expects production gains
Antero Resources Corp. plans to reduce its drilling and completion capital budget in 2019 due to falling oil and NGL prices but still raise production totals, the Appalachian shale producer announced Jan. 8. Antero will aim to spend $1.1 billion to $1.25 billion on a consolidated basis even though 2019 production is expected to increase 17% to 20% over 2018 guidance to a range of 3.15 to 3.25 Bcfe/d. The driller expects liquids volumes, including NGLs and oil, to average 154,000 to 164,000 barrels per day in 2019.
Private-equity-backed Canyon Midstream II to boost Okla. gas processing capacity
Canyon Midstream Partners II LLC plans to expand its newly built cryogenic gas processing facility serving the STACK play of Oklahoma to increase its processing capacity by 20%, to 240 MMcf/d, in support of growing volumes in the production area. Canyon Midstream II's Redcliff Midstream LLC processing plant in Woodward County, Okla., receives gas supplies for processing from more than 180 miles of gathering pipelines and five field compressor stations in Woodward, Dewey, Blaine and Canadian counties in Oklahoma. The expansion project is scheduled for completion in the second quarter, according to a Jan. 8 news release.
TransCanada to change name to TC Energy to identify as North American business
TransCanada Corp. plans to change its name to TC Energy, in a bid to express its company's business as encompassing the whole of its North American energy infrastructure operations. TransCanada shareholders are expected to approve a special resolution for the name change at the next annual and special meeting of shareholders, scheduled for the second quarter, according to a Jan. 9 news release.
Gulfport Energy returns to Ohio, but Ascent's permitting shows it will stay king
After halting all drilling and well completions in Ohio in the third quarter of 2018, oil and gas producer Gulfport Energy Corp. is back in the game, filing three permits for new wells in liquids-rich Harrison County at the end of the year, according to the latest state data. Once Ohio's leading gas producer, the Oklahoma City-based Gulfport decided a backlog of drilled but uncompleted wells and calls for cash for new wells closer to home in Oklahoma's SCOOP play warranted a halt to Ohio activity. The state's new top gas producer, the privately held Ascent Resources, also based in Oklahoma City, pulled the most permits by far of any producer in December 2018, with 18.