Midstream activities in PA-Texas Eastern Transmission Pipeline to Double in Capacity

Texas Eastern Transmission Pipeline to Double in Capacity A huge influx of oil and natural gas production has been the result of new technologies that make extracting resources from shale plays economically feasible. These plays are located across the country, and the growth has been so rapid it has created serious infrastructure issues for midstream companies across the country. Those in the East are experiencing the most change due to the success of the Marcellus and Utica shale plays. The region around these plays is seeing 88 percent of the projects underway to increase the capacity of transportation pipelines. The production of gas from the Marcellus alone has seen a substantial increase, rising from 1.2 billion cubic feet per day to around 14.8 billion cubic feet per day in the past seven years. By the year 2020, experts speculate that this amount could increase even more, to between 23 to 25 billion cubic feet per day. The ability to process and transport these natural resource
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Innovations in Eagle Ford Reduce the Environmental Impact of Fracking and Drive Texas Economy Forward

The Eagle Ford shale play is located in south Texas, and stretches northeast from the Mexican border 400 miles to east Texas. Its width is about 50 miles, and depths of production vary between 4,000 and 14,000 feet. It is best known for its production of oil, condensate, natural gas liquids, and wet and dry gas. Because hydraulic fracturing (fracking) and horizontal drilling have been so successful, Eagle Ford has played a significant role in the economic development and job growth of the counties directly affected by its presence, as well as the current boom the oil and gas industry is enjoying. Even though natural gas prices are currently low and the infrastructure does not have the capacity to support the amount of gas in the shale, the Eagle Ford region has a high liquid yield to compensate. Since the prices of oil, condensate, and natural gas liquids have risen, low natural gas prices do not adversely affect well economics. The first successful recovery of Eagle Ford resources is
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Natural Gas in Eagle Ford Promises to Provide Massive Returns for Investors

Hydraulic fracturing, or fracking, has proven to be one of the most successful ways of retrieving natural gas reserves within shale. Nine of every ten natural gas wells in the United States use fracking to access the deposits. Several shale plays in the Unites States are currently producing natural gas at an unprecedented rate. Of these, the Eagle Ford shale play is considered one of the most promising. The Eagle Ford shale is an area beneath South Texas that extends 400 miles in length and 50 miles in width. The plentiful liquids and low drilling costs give this region the potential to be one of the most productive natural gas reserves in the nation. Projections far exceed any other shale play, primarily because of the heavy liquids the area contains. It is one of the only regions that have high levels of oil as well as both wet and dry gas. Rapid development is likely in this type of geological domain. Eagle Ford has several advantages over the other shale plays. One is an advantage
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Rig counts in the Texas-Permian Basin, Eagle Ford, and Barnett Shale

Innovations Reduce Effectiveness of Rig Counts as Industry Barometer, but Numbers Still Climbing Since 1944, Baker Hughes, the oilfield services company based in Houston, TX, has produced a weekly report of rig counts for the United States and Canada, adding international sites in 1975. In their report for the month of May, 2014, the total oil rig count for the U.S. has risen by six, bringing the total from 1,528 to 1,536. In the first five months of the year, oil rig counts have seen an increase of 158, which is about 11 percent. Shale plays in Texas have been a major contributor to the rise in oil rigs, with the Permian Basin leading these. The drop in oil prices since the high of $110 per barrel last September has not been significant enough to affect drilling. The current level of around $90 per barrel is supportive of an increase in drilling and a high rig count, demonstrating the confidence oil and gas producers have toward growth in the industry. Permian Basin Rig Counts As one
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Midstream (pipeline) business in the Marcellus and Utica Shale in 2014

Increased Output in the Marcellus and Utica Shale Plays Create a High Midstream Demand in 2014 and Beyond Hydraulic fracturing (fracking) in the Marcellus and Utica Shale plays have created an oil and natural gas boom for the United States that has midstream companies who provide the processing and pipelines for these products working hard to keep up. Production of crude oil, natural gas and natural gas liquids has climbed significantly since oil and gas producers have begun using fracking techniques, and early projections say they will get higher even without the new technologies that should increase efficiency and raise production. Many midstream service providers are moving quickly to build and open processing and storage facilities and pipelines for transportation. MarkWest Energy Partners, L.P.MarkWest Energy Partners, L.P. is a company that offers midstream services for producers of oil and natural gas. Midstream services include the gathering, processing and transporting of nat
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Midstream (pipeline) business in the Marcellus and Utica Shale in 2014

The Marcellus and Utica Shale Provide Booming Opportunities in Midstream Development There are three basic stages of development in the shale oil and gas industry. Exploration and production is called upstream, which is the first stage. Next is midstream, involving the processing, storage, transportation and marketing of natural gas. The final stage is called downstream, and this is where the finished product is taken through the sale. The Marcellus and Utica Shale plays have already produced enough natural gas to cause an upstream revolution of sorts. This overwhelming production has far surpassed the midstream capacity. The result of this disruption is an urgent push to construct processing plants, storage facilities and pipeline to get the new supply of natural gas to market. The oversupply on the upstream end comes from new hydraulic fracturing technologies at work in both shale plays. The current technologies are not even meeting the production potential, and the race is on upstr
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Increased drilling activity in the Marcellus and Utica Shale in 2014

Projected Growth in the Marcellus and Utica Shale in 2014 Many exploration and development companies involved in drilling in the Marcellus and Utica Shale region had record earnings for 2013, which is driving an increase in investments in 2014. The United States Energy Information Administration has estimated that the Marcellus shale play holds more than 100 trillion cubic feet of natural gas. It is one of the biggest producers of natural gas in the country. The three biggest investors in the Marcellus and Utica Shale region are Chesapeake Energy, Anadarko Petroleum and Southwestern Energy. Prime locations and record low temperatures helped these investors to gain a substantial return on their investments this past winter as customers on the East Coast drove up the demand for fuel used for power and heating. These are not the only companies exploring the regions by a long shot, though. EQT Corp.EQT Corp. hit record numbers in 2013, and 73 percent of the sales volume was due to the act
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