Untitled Document
Untitled Document

TGP awards backhaul capacity to serve Utica, Marcellus shales

Kinder Morgan Energy Partners LP

Tennessee Gas Pipeline Co. LLC (TGP), a subsidiary of Kinder Morgan Energy Partners LP (NYSE: KMP), has completed a successful open season for incremental, north to south natural gas transportation capacity on the TGP system totaling 500,000 dekatherms per day (Dth/d).

A binding open season closed Dec. 11, and 400,000 Dth/d of long-term capacity and 100,000 Dth/d of short-term capacity were awarded to six different shippers.

The awarded capacity will provide firm transportation services for Marcellus and Utica production from receipt points as far north as Mercer, Pennsylvania, for delivery to multiple delivery points on the US Gulf Coast. Capital expenditures are approximately $150 million. Capacity bids were for volumes well in excess of the capacity offered and TGP will be evaluating further capacity expansions.

Related Articles

Tudor named volunteer of the year

06/09/2014 United Way of Greater Houston named Bobby Tudor, chairman and CEO of Tudor, Pickering, Holt & Company LLC, as this year's recipient of the distinguished Robert W. Kneebone Volunteer of the Year...

Eagle Rock makes executive changes

05/13/2014

Jeff Wood, senior vice president and CFO of Eagle Rock Energy Partners LP (Nasdaq:EROC), will resign effective May 30, 2014 to pursue other opportunities.

MarkWest Energy Partners announce board changes

04/25/2014 MarkWest Energy Partners LP reports that Keith E. Bailey has elected to retire from the board of directors of the Partnership’s General Partner, MarkWest Energy GP LLC, effective June 6, the date o...

Williams Partners to expand Transco pipeline capacity

04/25/2014 Williams Partners LP and its wholly owned subsidiary Transcontinental Gas Pipe Line Co. LLC report that Gulf Trace, a 1.2 million dekatherm per day expansion of the Transco pipeline system will ser...

New Source Energy Partners offers common units

04/23/2014

New Source Energy Partners LP has announced a registered underwritten public offering of 2,800,000 common units representing limited partner interests.

More Oil & Gas Financial Articles

Tudor named volunteer of the year

Mon, Jun 9, 2014

United Way of Greater Houston named Bobby Tudor, chairman and CEO of Tudor, Pickering, Holt & Company LLC, as this year's recipient of the distinguished Robert W. Kneebone Volunteer of the Year Award at its annual meeting on April 29.

Eagle Rock makes executive changes

Tue, May 13, 2014

Jeff Wood, senior vice president and CFO of Eagle Rock Energy Partners LP (Nasdaq:EROC), will resign effective May 30, 2014 to pursue other opportunities.

MarkWest Energy Partners announce board changes

Fri, Apr 25, 2014

MarkWest Energy Partners LP reports that Keith E. Bailey has elected to retire from the board of directors of the Partnership’s General Partner, MarkWest Energy GP LLC, effective June 6, the date of the Partnership’s 2014 Annual Meeting of Common Unitholders.  

Williams Partners to expand Transco pipeline capacity

Fri, Apr 25, 2014

Williams Partners LP and its wholly owned subsidiary Transcontinental Gas Pipe Line Co. LLC report that Gulf Trace, a 1.2 million dekatherm per day expansion of the Transco pipeline system will serve the Cheniere Energy Partners LP Sabine Pass Liquefaction project being developed in Cameron Parish, Louisiana.

New Source Energy Partners offers common units

Wed, Apr 23, 2014

New Source Energy Partners LP has announced a registered underwritten public offering of 2,800,000 common units representing limited partner interests.

Most Popular

Oil & Gas Jobs

Search More Job Listings >>
Subscribe to OGFJ