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Pa. judge rejects bid to halt Mariner East; Sharp Energy buys propane assets

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Pa. judge rejects bid to halt Mariner East; Sharp Energy buys propane assets

Pa. ALJ declines to halt Energy Transfer's Mariner East NGL pipelines

A Pennsylvania administrative judge on Dec. 11 declined to order an emergency halt to the operation and construction of Energy Transfer LP affiliate Sunoco Pipeline LP's Mariner East family of NGL lines delivering ethane and propane to a suburban Philadelphia terminal, denying the request of seven residents along the pipeline's route. Administrative Law Judge Elizabeth Barnes said the residents failed to prove that the line was an immediate danger that required an emergency shutdown.

Chesapeake Utilities propane unit buys propane operating assets in Pennsylvania

Chesapeake Utilities Corp.'s propane subsidiary Sharp Energy Inc. snapped up the propane operating assets of R.F. Ohl Fuel Oil Inc., enabling Sharp Energy to expand its footprint in Pennsylvania. Sharp Energy acquired the assets from the Lehighton, Pa.-based R.F. Ohl, which provides propane service to more than 2,500 customers in the Pennsylvania counties of Carbon, Monroe, Northampton, Lehigh and Schuylkill, according to a Dec. 18 release from Chesapeake. Financial details of the deal were not disclosed.

Explosion, fire at MarkWest gas processing plant injures 4

Fire broke out at a MarkWest Energy Partners LP natural gas processing plant in Washington County, Pa., injuring four people, according to local media reports. An explosion occurred at MarkWest's Houston processing plant Dec. 13 near two temporary tanks that were on site for routine maintenance, resulting in a fire that broke out around 6 p.m. ET, MarkWest said in a statement.

Appalachian driller Antero Resources cashes in natural gas hedges for $357M

Appalachian shale driller Antero Resources Corp. cashed in portions of its 2019 and 2020 hedge book for $357 million in cash that it plans to use to pay down debt. Antero said it generated net proceeds of $235 million after an early settlement of 68% of its April to December 2019 swaps, and $122 million by resetting 70% of its 2020 fixed-price hedges from $3.25/MMBtu to $3/MMBtu.