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Kinder Morgan Energy Partners, L.P. Message Board

moneyonomics 129 posts  |  Last Activity: 13 hours ago Member since: Jan 16, 2010
  • ...And what’s the status of the Y grade line of the Marcellus, Utica? Where do we stand?
    Rich Kinder - Chairman and CEO

    Yes, we continue to work on it but we don’t have commitments yet. So we are not putting it in the backlog. There is some indication from the market that people have been very focused on getting some of their dry gas outlet taking care of course and they’re going to turn their focus and attention to additional wet woods or NGL outlets. So I would say that the interest in the project continues to grow. So the update for the quarter is people are interested and more interested than they were the quarter before. But until that turns itself into signatures on contracts again it’s not going in the backlog and we’re not going to call it done...

    ...And as Tom pointed out, we do have the ability to use that line. We’re preserving the ability to do both. And that’s our preference. We want to do residue gas outlets on the TGP system. We want to presser the Y grade option assuming our customers are willing to sign-up. But ultimately if they’re not, then we can put that line in residue gas service and put it to good use that way. So long story short, we don’t have the commitments we need yet, but I think interests from the customers continue to grow and we’ll keep working on it....

  • .01 would be fine also

  • moneyonomics moneyonomics Apr 15, 2014 1:09 PM Flag

    arb, marv and chrx rest of story from Antero pr-provides pricing point optionality

    "..Marcellus Processing Update
    Antero ... with have access to a total of 1.2 Bcf/d of Marcellus cryogenic processing capacity (at Sherwwod....
    ...Natural Gas
    On April 14, 2014, Kinder Morgan Energy Partners, L.P. announced that KMP unit Tennessee Gas Pipeline Company ("TGP") awarded Antero Resources 100% of the capacity ....The BRF Project provides 590,000 MMBtu/d of firm transportation capacity... to delivery points along the Gulf Coast....
    ...Further, Antero successfully bid on an additional 600,000 MMBtu/d of firm gas transportation directed to the Gulf Coast. The primary delivery point for this firm transportation capacity is located near growing Gulf Coast petrochemical demand and the future LNG export corridor. In the near term, this new firm capacity gives Antero the option to redirect gas from its Midwest-directed capacity to Gulf Coast pricing when commodity prices are more favorable than Midwest pricing. Should Antero elect not to redirect this gas, this firm capacity will likely be utilized as release capacity to transport third party gas out of the constrained Northeast area offsetting Antero's firm transportation costs associated with this capacity. In the longer term, Antero ultimately expects to link to this capacity by committing volumes either to existing east to west pipelines or support a new-build project connecting Antero's Utica Shale to this new firm transportation. In the latter case, the 600,000 MMBtu/d of firm transportation will be incremental to Antero's firm transportation portfolio from the Utica Shale to the Gulf Coast.... By 2016, the above firm transportation portfolio provides Antero the ability to direct 49% of its production to the Gulf Coast, 28% to Appalachia and 23% to Midwest pricing, including Chicago and Detroit.

  • Msg 37294 of 37296 at 4/14/2014 9:40:47 PM from in mlp board by

    passandshoot


    CS Current Picks
    Stock-Picking: Despite the decent start to the year for the sector, we
    continue to believe that 2014 will require investor discipline and the game
    will continue to be more about stock picking than thematic investing
    (something we have seen so far with some divergent performance across
    names even within sub-sectors). Our top picks over the next 12 months
    include ETE (CS Focus List), ENLC & ENLK, PAA, and WMB. Our top
    "Core" holdings (including N-rated names) include ETE, MWE, PAA, EPD,
    MMP, and SXL. We view as under-appreciated and counter-consensus
    picks RGP, MEP, and KMI/KMR/KMP.

  • Kinder Morgan Energy Partners (KMP) announced that KMP’s Tennessee Gas Pipeline Company, or TGP, has awarded Antero Resources (AR) 100% of the capacity offered in TGP’s binding open season for its proposed Broad Run Flexibility and Broad Run Expansion Projects. The open season, which closed April 11, totaled 790,000 dekatherms per day for long-term firm capacity for 15 years on the Broad Run Lateral in West Virginia and on TGP’s 100 and 500 mainlines

  • Msg 137345 of 137350 at 4/11/2014 6:29:12 PM from investorviallge bry board by

    windfallwilly


    In response to msg 137344 by jbasel314 view thread
    Re: NOAA, Friday trading volumes, Rob Ry's supply/demand, powerburn/Rob Ry storage predictions, my speculations



    Make no mistake - the high demand for coal is due to the fact that utilities ran low and ran out of coal during the cold Winter months. They weren't expecting so much cold. Then along came the rail problems. Many are now worried about next Winter - don't want to be caught with a shortage of coal again. They are trying to stockpile, but the rail problems continue. In the north, BNSF says rail problems will last until year end. By then, it's Winter again.

    I don't know where all the bottlenecks are for rail, but I know where some of them are. It's not good. Trying to catch up: I saw a coal train pulling approx. twice the amount of cars than what's normal (about 200), a couple of weeks ago. That train must have crawled through the mountains at a snails pace, to get on the west side. It's a slow crawl over those mountains with a normal load..

    Susan

  • "...Whether U.S. ethane exports shift from being a small, localized activity to a major market with volumes totaling hundreds of thousands of barrels per day remains to be seen. The four barriers that we have identified, (1) loading and unloading terminal infrastructure, (2) shipping, (3) pricing, and (4) petrochemical demand must all be overcome to make significant ethane exports happen.

    Two issues are clear.

    1. Somebody will be spending billions to put the logistical and petrochemical cracker infrastructure in place to transport and use the ethane.

    2. Somebody will be taking on the risk that significant ethane exports could push U.S. ethane prices back to the level of a couple of years ago.

    Here is our best guess as to how this all plays out. Over the next 5-6 years, ethane exports will grow to somewhere in the 150-200 Mb/d range, with 4 or 5 crackers shifting some of their capacity to run ethane. Even combined with new ethane crackers being built in the U.S. after 2016, that won’t be enough to absorb all of the ethane that U.S. producers can make, so rejection will remain a part of the ethane landscape for the long run. That means that the economics of exporting ethane will work out to be a good deal for both U.S. producers and international petrochemical companies that get on the bandwagon."

  • moneyonomics moneyonomics Apr 10, 2014 10:44 AM Flag

    disabled $1.47 is their end of year distribution target and they are at 1.44 so only a .03 increase over 4 quarters. would be very surprised to see half of the year or .015 increase in one quarter

  • Reply to

    heading south

    by rjraecek Apr 9, 2014 2:00 PM
    moneyonomics moneyonomics Apr 9, 2014 3:35 PM Flag

    rj why do you think it is heading south?

  • Companies: Denver-Julesburg Basin could produce 4.1B barrels of oil, NGLs
    Colorado's Denver-Julesburg Basin could yield at least 4.1 billion barrels of crude and natural gas liquids, according to estimates from Anadarko Petroleum and Noble Energy. The companies said this figure could still increase.

    Article web address posted on investorvillage mlp and bry boards

  • Reply to

    13 T on Turbo Tax

    by disabledretiree Mar 9, 2014 7:16 PM
    moneyonomics moneyonomics Apr 9, 2014 12:48 AM Flag

    Usually the only value under 13t that gets you a tax benefit is W-2 wages

  • Reply to

    Tax Question

    by eusdond Apr 8, 2014 4:03 PM
    moneyonomics moneyonomics Apr 8, 2014 6:22 PM Flag

    same question asked on investorviallge mlp board today by Dalian but I have not

  • FYI-been there seen the drilling logs, etc many years ago before horizontal drilling. No doubt oil is there. A lot of infrastructure in place but mostly for the CBM with some liquids lines in place already

  • " By our estimate, ethane rejection—that has recently been running at about 250 Mb/d, could nearly triple over the next three years, to more than 700 Mb/d in 2017."

    "... we pointed out that as of the past three months at least some ethane already is being exported --- eventually up to 50 Mb/d through the Mariner West pipeline from western Pennsylvania to Sarnia, ON, and up to 40 Mb/d via the Vantage Pipeline from Tioga, ND to Empress, AB. Finally, we noted the inaugural overseas export deals in place to move Utica/Marcellus-sourced ethane (from Range Resources and CONSOL Energy) through ETP Sunoco Logistics Partners’ (SXL) Mariner East pipeline to an SXL ethane-loading terminal on the Delaware River in Marcus Hook, PA, and from there to ship the ethane to petrochemical manufacturer INEOS in Northwest Europe.

    While the INEOS deals are important because they will prove out the technical viability of overseas ethane exports, the volumes involved are a drop in the ethane oversupply bucket. For ethane exports to work in a big way, the parties to future deals will need to resolve four major barriers: (1) loading and unloading terminal infrastructure, (2) shipping, (3) pricing, and (4) petrochemical demand. In today’s blog we’ll cover the first two barriers, and wrap up with the final two barriers later this week...."

    go to iv mlp or bry board for links

  • Reply to

    Ethane processing

    by rubybell_99 Mar 19, 2014 6:13 PM
    moneyonomics moneyonomics Apr 6, 2014 11:34 PM Flag

    ruby many operators ng royalty payments are for volumes and prices at least 45 to 60 days in arrears but definitely not prior month. by the time charts are pulled (some at month end) or automated feeds (scada type) come from the leases and sales data comes from the buyers and processors and line losses and lease fuel use from field and are all tied together takes several weeks at a minimum after month end. what you see in public financials is accrued revenue.

  • moneyonomics moneyonomics Apr 6, 2014 2:27 AM Flag

    You want to talk about not to smart of zoning.Just for the fun of it a long winded tale if you have the time. The Kern River 42"/36" ng pipeline from Wyoming enters Las Vegas from the NE by Nellis Ari Force Base/the Nascar race track, runs along the 215 beltway within 30 yards of the Aliante Casino, continues paralleling 215 for about 10 miles before turning South, runs for about 2 miles then turns SW, passes right under a subdivision of new say 3,000 sq ft homes within 20 feet of it as it turns S again, then runs south about 5 miles (around 3/4 mile behind my home in NW Las Vegas (glad it is not liquid) and a valve station around 1 mile from my home). As it is moving south it runs parallel to many 5,000 sq foot luxury homes built right along it (30 to 50 feet away ), a children's play ground and a softball park, then it enters a retirement home subdivision in Summerlin with homes built right over the pipeline before going under a golf course in Summerlin, exits the golf course and runs south for say 10 to 15 miles by many say 2,000 sq ft homes again built within 10 to 30 feet of it before finally exiting Las Vegas and heading SW into California

  • goes along with nymarvs tracking

    charts at web address

    "....MLPs started off April on a very strong foot this week, which if you have followed the Alerian MLP Index, is to be expected. April has been a positive month for the index for 9 straight years. As shown below, that’s far and away the longest current streak. The longest streak ever (with the index data that goes back to 1996) was July, which was positive for 11 straight years from 1996 through 2006....

    ...Below is an update to the best returning months for the MLP index ranked from best to worst. April has been near the top of the list, but May is looming as typically a bad month for MLPs...."

  • moneyonomics moneyonomics Apr 5, 2014 3:42 PM Flag

    bbep actually added 3,000 acres in Mi in 2013 and still holds over 500,000 gross acres and 255,000 net acres. In fact one of bbeps best future value creators is its undeveloped and developed acreage which is healthier the many of the E&P MLPs (except for Linn post BRY)

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