Transportation Pipeline

Home>Topics>Transportation Pipeline
Refine Results
  1. All
  2. Articles
  3. Online Articles
  4. Videos
  1. Enlink to divest $275 million in assets, fund Chisholm III expansion

    The EnLink Midstream companies will receive $275 million from combined noncore asset sales and invest $100 million in 2017 to construct a new gas processing plant in the Sooner Trend Anadarko basin Canadian and Kingfisher counties (STACK) play of Oklahoma. EnLink has agreed to divest its 31% common ownership interest in Howard Midstream Energy Partners LLC (HEP) for $190 million. Alberta Investment Management Corp. (AIMCo) and management will acquire a common ownership stake in HEP as a result of EnLink's divestiture, which follows AIMCo's preferred investment in HEP in August. EnLink also has closed the sale of the North Texas Pipeline, which comprises 140 miles of natural gas transportation pipeline in the Barnett shale , to Atmos Energy Corp. Proceeds from the sales and planned 2017 estimated at-the-market equity issuances are expected to fund a majority of the equity portion of EnLink's 2017 capital expenditure requirements, including the upcoming $250-million installment payment related to the acquisition of certain Tall Oak Midstream LLC subsidiaries ( OGJ Online, Dec. 7, 2016 ). In response to producer activity and well results in the STACK, EnLink is proceeding with the development of Chisholm III, a 200-MMcfd processing expansion of its existing Central Oklahoma system that is expected to be operational by yearend 2017.   Upon completion of the Chisholm III expansion, EnLink's Central Oklahoma processing capacity will total 1 bcfd, which represents nearly a three-fold increase from the 350 MMcfd of capacity operated in 2015. EnLink's Central Oklahoma platform is underwritten by long-term, fee-based contracts from major producers. EnLink says its incremental processing capacity will also generate meaningful increases in NGLs produced from the Central Oklahoma platform, which will in turn be transported on the company's Cajun-Sibon pipeline. The NGL output increases are expected to benefit the entirety of the company's Louisiana NGL footprint and current estimates project that throughput on Cajun-Sibon will reach capacity in second-quarter 2017.  

    Online Articles

    Online Articles

    Wed, 21 Dec 2016

  2. TRC’s Top 12 Predictions for the Energy Industry in 2017

    TRC released its top 12 predictions for the energy, utility, and oil and gas sectors for 2017, including robust funding for utility mergers and acquisitions and infrastructure upgrades as well as big shifts in power plant and pipeline construction focus.

    Online Articles

    Online Articles

    Tue, 13 Dec 2016

  3. Howard Energy Partners secures $353M for Nueva Era Pipeline project

    Nueva Era Pipeline LLC, a Howard Midstream Energy Partners LLC subsidiary, has closed on $353.3 million in project financing for the construction of the Nueva Era pipeline project.

    Online Articles

    Online Articles

    Wed, 16 Nov 2016

  4. American Midstream, JP Energy to merge, form $2-billion MLP

    American Midstream Partners LP has agreed to acquire 100% of JP Energy Partners LP in a unit-for-unit merger, creating a $2-billion midstream master limited partnership (MLP) with primary operations in the Permian, Eagle Ford, Bakken, and Gulf of Mexico.

    Online Articles

    Online Articles

    Mon, 24 Oct 2016

  1. American Midstream Partners to merge with JP Energy Partners

    Online Articles

    Online Articles

    Mon, 24 Oct 2016

  2. Kinder Morgan to acquire midstream position in Bakken shale play

    Kinder Morgan Inc. has a definitive agreement whereby KMI will acquire Hiland Partners from its founder, Harold Hamm, and certain Hamm family trusts, for a total purchase price of $3 billion, including the assumption of debt.

    Online Articles

    Online Articles

    Thu, 22 Jan 2015

  3. Kinder Morgan to acquire Hiland Partners for $3 billion

    Kinder Morgan Inc. (KMI) has agreed to acquire Hiland Partners from founder Harold Hamm and certain Hamm family trusts for $3 billion, including the assumption of debt. The deal is expected to close in the first quarter.

    Online Articles

    Online Articles

    Thu, 22 Jan 2015

  4. Refining and processing: Kinder Morgan to acquire premier midstream position in Bakken

    The transaction creates a premier midstream platform for KMI in the Bakken with a significant amount of acreage dedicated under long-term gathering agreements. 

    Online Articles

    Online Articles

    Thu, 22 Jan 2015

  5. NorthStar Midstream announces Open Season for new Bakken pipeline

    NST Express intends to conduct an Open Season for the NST Express Pipeline, a new FERC regulated, crude oil transportation pipeline being constructed in McKenzie County, North Dakota. The pipeline will have the capacity to accept and deliver 40,000 bpd of crude oil from various potential ...

    Online Articles

    Online Articles

    Tue, 10 Nov 2015

  6. Enable Midstream commissions Oklahoma gas plant

    Enable Midstream Partners LP, Oklahoma City, has fully commissioned a second cryogenic natural gas processing plant at its Bradley processing complex in Grady County, Okla.

    Online Articles

    Online Articles

    Tue, 12 Jul 2016

  7. Mitra negotiates Vietnam farm-in, Stag oil field acquisition offshore Australia

    Mitra Energy has agreed to acquire a 30% interest from INPEX subsidiary Teikoku Oil (Con Son) in the production-sharing contract for blocks 05-1b and 05-1c offshore southern Vietnam.

    Online Articles

    Online Articles

    Mon, 22 Aug 2016

  8. Trimble introduces cloud asset data collection solution for natural gas utilities

    The cloud-based, integrated mobile asset data collection solution enables natural gas distribution operators to improve data quality, export collected data to systems of record and streamline regulatory reporting and compliance.

    Online Articles

    Online Articles

    Fri, 22 Jul 2016

Get More Results