It's a Patterson rig. A new one moving in today just ip the road. The rig locator on PTEN site I found out in the past is not always up to date.
Thinking your correct. One big pipe wrench for PAAD 3 is if the primary E&P outfit is taken out. Remember Shell noted about owning assets. Recall who really is in control of big money on the Norweigen side,i.e. the Oil Fund which controls Statoil. The Fund could easily fund a major acquistion, thus controlling the best of the super and wet Marcellus. The Monaca Shell cracker is then a done deal. Just suggesting this is possible. I would say MWE may be likely limited, may be not. I don't like this possible scenario, as we lose a US E&P outfit, and double worse, MWE is restricted or controlled by one downstream customer. The pipe wrench could be around us SW Pa. E&P as well as MWE unit holders. Be careful of the so called blue-eyed arabs.
Just noted, that Ineos will expand its Rafnees plant inceasing the use of US shale ethane from 570,000 to 620,000 tones for ethylene production. Project includes a new storage tank, furnance, and impory facilities. Sounds like SXL already has additional commitments assuming Ineos and RRC.
Take away with NGLs is getting better also. SXL just the other day initiated Mariner II, NGL pipeline to Marcus Hook. The W&LE railroad NGL runs from MWE Liberty are going strong. ATEX at least form many miles to the west is complete.
Interesting to note that RRC is selling its Permian acerage. Assume continued focus on higher rate of return Marcellus position.
Sec filing up to 90,000 acres for sale, Conger, Cline & Wolfberry. Appears Marcellus liquids just can't be beat. Somewhat surprised sincs Ventura not in last conf. call that they are lookoing for more oil. Anyone have any thoughts?
Sounds like a new line, from OH across PA. Thinking a 20-inch or larger. The ROW aleady in place across PA.
Didn't see anything about line pipe size or originating point. I assume Liberty. I figured if I am assuming correctly, that SXL would have to run a new line east.
Hunted near Avella today, RRC/Patterson ring working in the area. Boy the deer surely love the new pipeline ROWS of fresh new grass! An added benefit to wildlife no doubt.
Haven't looked much into this shale yet, but do you know if it is sour?
After Small Fire Back in late Sept. 2013.
A number of so-call company officials (assume E&P) in particular CHK, have complained about reduced capacity to process wet gas.
The plant is not expected to begin operations prior to some time in Jan 2014.
Emergency warning system part of the works to be implemented. Just down the road a ways, Dominion has an emergency "leak" warning system in place.
Could be the Reading/Pittsburgh 8-inch line cannot handle the potential eastern (overseas) markets. Either that or perhaps a new outlet to the south could be coming. Noted before SXL could have a new line say from Delmont to points east in the planning stages. ATEX will be the only line directly from Liberty. KMP/MWE will likely handle most of the Utica, but both PADD-3 bound.
Been a long time since hearing from you. I was looking over Antero (AR) which is purely a Marcellus + Utica outfit. Between them and GPOR, it appears they are the top success winners in the Utica so far. AR went public just a month or so ago.
In regards to capital invested so far, I suspect Majorsville is at or likely already exceeded Liberty. The amount of earth excavation Lane has done alone at Majorsville has been and is still tremendous, but it appears that we are well beyond half-way with that effort. Both plants pretty much the same function, that is processing gas, and producing NGLs to include ethane. Liberty of course is more retail-oriented with truck, rail, and pipeline takeaway. Majorsville is no place for routine trucking out product as the local roads are too steep and winding. Rail is off a few miles with the closest to Majorsville would be NSC CNX Bailey Mine. With that said, Majorsville can turn over residual gas to Columbia Gas, which is located at the same site, and has been for many decades. The Columbia plant has had may upgrades since MWE moved in. Columbia has a lot of old pipeline infrastructure and it will take years to replace. It is going on though.
So Majorsville is pretty much pipeline in and out. As I understand, Hopedale rail terminal will be larger as compared to Liberty. It appears Cadiz will do some condensate work. I know condensate is being produced in Washington County area, but am not aware of Liberty involved. As far as I understand, crude and condensate is being trucked from the well pad bypassing Liberty. We can review company presentations etc., to make some judgments on which plant processes and produces the most.
Two creeks, Robinson and Enlow Fork make up the Wheeling Creek just upstream from the facility.
Was around about the area past week for some hunting and other things. Was able to get some images and put together a short video. See youtube CHRXIND1 video title: Markwest November 16 - 17 2013 Quick Review.
Also drove past Liberty, a lot of work continues there also, noted a new large spherical tank about half erected.
Understand the old P&WVA office bldg. some repair work on others,frac sand equipment removed. New track switches installed.
Also heard a late Liberty run this evening just after home from turkey hunting. Have heard unit trains may begin running at nite. One rumor was MWE will buy one home out, since the family was complaining about nite run train whistle waking them out. Although I am wondering if something else is up.
They should have to run only a little west, then tie into the Mariner MWE ROW to south to Liberty. CONE is just alittle west of Majorsville. Now that CNX has decided to become more an oil and gas business, with NBL, a really good JV partner, expect greater production growth. I recall sometime in 2014, CNX will begin Airport work. If MWE is there, expect an extension of the wet gas boundry. CNX did sign up to supply Shell ethane.
By the way, understand Rook Yard bldgs. are being raised. Any news what may be going there if anything?