Sunoco appeal could get Pa. NGL line flowing again quickly, analyst says
Sunoco Pipeline LP can win a quick reversal of a Pennsylvania judge's order shutting down construction and operations on the Mariner East family of NGL pipelines, a key outlet for Appalachian liquids production, a midstream stock analyst said. The judge's decision can be appealed to the full PUC. "We will pursue all legal remedies to overturn this order, including our right to request PUC review of the order, which will be filed within the next seven days," said Sunoco Pipeline, an Energy Transfer Partners LP affiliate.
Pa. shale gas production growth slowed to near stop in March
Shale gas production growth in Pennsylvania slowed almost to a halt in March despite increasing 10% year over year, the latest state data shows. Five counties in two opposite corners of the state continued to account for the bulk of Pennsylvania's gas production, according to data from the state Department of Environmental Protection. Susquehanna County in the northeast corner of the state led in gas production despite a 33% year-over-year increase in March in the southwest's Washington County driven by EQT Corp. The state's top five drillers accounted for 65% of Pennsylvania's 16 Bcf/d of shale gas production, a total that was 10% higher than in March 2017 and less than 1% higher than in February. The five top counties — Susquehanna, Bradford and Wyoming in the northeast and Greene and Washington in the southwest — account for 74% of the state's total production.
SemGroup, DCP Midstream launch open season for DJ Basin NGL deliveries to Texas
SemGroup Corp. and DCP Midstream LP commenced a binding open season soliciting shipper interest in NGL transportation service on two of its pipelines that would provide takeaway capacity to markets in the Gulf Coast. The White Cliffs and Southern Hills pipelines would connect Weld County, Colo., to Mont Belvieu, Texas, serving NGL producers in the DJ Basin of Colorado. It is scheduled to begin service in the fourth quarter of 2019.
Apache commits 100% of Alpine High NGL production to Enterprise
Oil and gas producer Apache Corp. committed 100% of its natural gas liquids production in the emerging Alpine High play of the Delaware Basin to Enterprise Products Partners LP under a long-term agreement. Under the deal, Enterprise would accept at least 205,000 barrels per day of NGLs from Apache, which holds a 336,000 net-acre position in its Alpine High discovery in West Texas.
