Wednesday, January 14, 2015

New Opportunities for Midstream Businesses


Ongoing R&D for Shale Mining Byproducts May Open New Opportunities for Midstream Businesses The School of Mines and Technology was granted $464,000 to learn more about how Pierre Shale responds under different circumstances and how it changes over time. The end goal is to better understand how shale behaves to perfect mining practices, primarily in the in the upstream and midstream sectors. Ongoing research and development is intended to help pinpoint how useful byproducts can be captured, stored, and shipped. Potential Areas of Interest in the Future of Shale Mining A few specific areas of interest include hydraulic fracturing, fuel and waste disposal methods, carbon dioxide sequestration, and underground storage of hydrocarbons in existing shale caverns. Shale is currently one of the choice materials used to store products because it does not allow products to easily escape. Could Gas From North Dakota Flaring Off Eventually Be Shipped? There are many questions that will not be answ
http://www.shaledirectories.com/blog/new-opportunities-midstream-businesses/

Monday, January 12, 2015

Devon Energy COO Confirmed as Keynote Speaker


2015 DUG Midcontinent Conference in Oklahoma City Houston, Texas (January 6, 2015) – Dave Hager, COO of Oklahoma City-based Devon Energy, has joined the slate of speakers for Hart Energy’s DUG Midcontinent conference. Hager, who will become Devon’s president and CEO effective August 2015, will deliver the event’s opening keynote address. The conference and exhibition, scheduled February 24-26 in Oklahoma City at the Cox Convention Center, will bring together top executives and decision makers from the region s most-active exploration and production companies. DUG Midcontinent offers two days of world-class conference sessions and networking opportunities for industry executives, geologists and engineers looking to hear about effective strategies, trends and technologies that will increase operational efficiency. Another notable speaker, Wade Hutchings, a regional vice president for Marathon Oil, will offer insight on the company’s success in the STACK, SCOOP & more, resulti
http://www.shaledirectories.com/blog/devon-energy-coo-confirmed-keynote-speaker/

Wednesday, December 17, 2014

ENLINK MIDSTREAM BEGINS OPEN SEASON FOR OHIO RIVER VALLEY CONDENSATE PIPELINE SYSTEM PROJECT


FOR IMMEDIATE RELEASE DECEMBER 17, 2014 Contact: Jill McMillan, Director of Communications and Investor Relations Phone: (214) 721-9271 Jill.McMillan@enlink.com ENLINK MIDSTREAM BEGINS OPEN SEASON FOR OHIO RIVER VALLEY CONDENSATE PIPELINE SYSTEM PROJECT DALLAS, December 17, 2014 — Ohio River Valley Pipeline, LLC, an affiliate of the EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner), today announced the start of a binding open season for volume commitments for interstate common carrier transportation service on a new condensate pipeline system (the “ORV Condensate Pipeline”). The ORV Condensate Pipeline will transport condensate from points in Harrison, Belmont, Guernsey, Noble, Monroe, and Washington Counties, Ohio to Bells Run Station in Washington County, Ohio, Black Run Station in Muskingum County, Ohio, and, if Ohio River Valley Pipeline, LLC elects to construct extension(s) of
http://www.shaledirectories.com/blog/enlink-midstream-begins-open-season-ohio-river-valley-condensate-pipeline-system-project/

Friday, December 12, 2014

Is Midstream Business the Answer to Dwindling Local Economies?


Midstream business provides opportunities for unskilled and highly skilled workers in large shale plays. Notably, the midstream sector is growing quickly to meet demand, and local governments have found a way to bring sustainable commerce to dwindling economies. In many instances, it is a win-win situation. Large mining operations do not have to actively relocate an entire workforce, and local workers can find jobs that require different levels of skill, especially when various subsets of midstream industry are included. The demand for ongoing transportation and new infrastructure is growing rapidly. Mining plays need to be able to quickly and easily connect with the right subcontractors across the United States. After all, recruiting and relocating an entire workforce is highly costly and almost always highly inefficient when existing semi-skilled or unskilled sources of labor can be readily utilized. States That Have Expansive Wealth Trapped Underground or Upstream Midstream operati
http://www.shaledirectories.com/blog/midstream-business-answer-dwindling-local-economies/

Monday, December 8, 2014

Notable Challenges and Rewards in Eagle Ford


Everything about Texas seems to be big, and Eagle Ford shale is no different. The play is geographically big, and it covers about 20,000 square miles in South-Central Texas. It also covers 25 counties. Not to mention, its expenditures were approximately $28 billion as year 2013 came to a close. Similarly, the production of a play roughly the size of the country of Croatia is nothing to sneeze at. In late 2013, Eagle Ford boasted 1 MMboe/d, beating Bakken to the chase. Some experts predict Texas could become the world’s second largest producer of oil, just behind the Kingdom of Saudi Arabia. The Texas oil enterprise has a small problem. In fact, it is so small it cannot be seen with the naked eye.
http://www.shaledirectories.com/blog/notable-challenges-rewards-eagle-ford/

Wednesday, December 3, 2014

Current Events: Bringing Oil Back to the United States


Currently, the State of Texas alone could shortly be the world’s second largest producer of crude oil and natural gas to Saudi Arabia. Large operations such as Eagle Ford account for over 10 percent of the state’s total economy, and statistics suggest the shale boom is not going to go away any time soon. Unlike other types of mining efforts, U.S. political activists clash over shale mining. Environmental activists are not especially fond of the idea of the amount of water used, and local political activists are especially fond of the prospect of viable jobs in local communities. Lobbyists actively represent enterprises and the idea of domestic oil and gas mining as a solution to the energy crisis and ongoing lack of gainful employment in select (and often remote) geographic areas. Politicians, Activists, Businesses, and Lobbyists All See Dollar Signs In the end, shale mining is highly profitable in the U.S. Billions of dollars are spent on operations, mergers, and new infrastructu
http://www.shaledirectories.com/blog/current-events-bringing-oil-back-united-states/

Monday, December 1, 2014

Could Midstream Business Be the New “New Deal”?


The crude oil and natural gas mining industry is difficult to ignore. Shell recently sold share gas rights in shale formations in the Marcellus and Utica shale formations in addition to its gas rights in Louisiana. The two transactions were separate, and they totaled $2.1 billion. Mining crude oil and natural gas is not like trying to strike gold. The Shale Boom is well underway, and the funds are real. There is a distinct possibility that midstream business could be the next New Deal, which largely dragged the United States out of the Great Depression in the 1930s. Why Midstream Transport and Infrastructure Is Integral to Continuing Operations Safe and effective transport of products to pipelines is an ongoing necessity for mining operations. Similarly, it is almost impossible to justify the cost of building lasting pipes and other infrastructure until there is enough product to fill the pipes. In the interim, the midstream sector is directly responsible for shipping crude oil and na
http://www.shaledirectories.com/blog/midstream-business-new-new-deal/