Midstream Business Magazine - April 2016
While the power generation industry has known for years it was going to switch from coal to another energy source to meet carbon emission reductions sought on both the federal and state levels, the decision on what this future source was going to be was up for debate.
Midstream management must remain ﬂexible and adapt. There’s also the conventional wisdom that low commodity prices will be with us for the foreseeable future.
Hydrocarbon abundance is displacing hydrocarbon scarcity, with profound geopolitical implications.
A unique project gives New York City the gas it needs while preserving a portion of its history.
Proposed North Dakota gathering rules could create conﬂict—and costs—for the midstream.
MPLX LP has the good fortune to serve the giant Utica and Marcellus unconventional plays that blossomed in the Midwest backyard of its well-established parent, Marathon Petroleum Corp. (MPC). Now, couple that luck with MPLX ’s recently completed merger with gathering and processing giant MarkWest Energy Partners LP and an ambitious capital program of new pipelines, terminals and midstream infrastructure. The result? A lease-to-reﬁ nery gate system that will offer producers the potential for better netbacks, according to the executive who keeps it all running.
The Terryville Complex in the Cotton Valley boasts excellent rock, large reserves and enough long-term potential to warrant the industry keeping an eye on it.
A New York bankruptcy court ruled that Sabine Oil & Gas Corp.’s gathering contracts with an affiliate of Cheniere Energy Inc. could be rejected and Sabine would be free to pursue other options. In the short term, this ruling is nonbinding and even the judge recommends the parties find a commercial solution instead of resolving the issue in court.