See article on investorvillage mlp board
"... But larger projects, such as Royal Dutch Shell plc's proposed multi-billion dollar Beaver County, PA cracker and Odebrecht Organization's plans for a $3.8 billion cracker facility in West Virginia remain questionable (see Shale Daily, Nov. 14, 2013; June 7, 2011). Those facilities would process Marcellus natural gas to produce ethylene for petrochemicals.
Last week, Shell officials met with state and local officials in Beaver County, who said the company continues planning for the facility, but a recent announcement that the company will scale-back some of its onshore activity (see Daily GPI, March 13) has created a new round of speculation about the future of a facility first announced in 2011.
While the Odebrecht cracker in West Virginia is thought to be more of a sure thing, a study released in December said West Virginia faces some hurdles, such as major railroad construction, before it can be built (see Shale Daily,March 3).
As you think about all these complexes on the Gulf Coast, there's literally billions of dollars in all these integrated efforts there," said Paul Weissgarber, a senior VP at EnLink Midstream LLC during comments he made during OOGA's meeting. "We may see that up here decades from now, but it won't happen anytime soon."
See investorvillage mlp or bry boards for article
"...(MHR) Evans said once all 18 Stalder wells (in SE Ohio) are online, the pad is eventually expected to produce 250-300 MMcf/d...."
... Thursday. Midstream executives who addressed the Pittsburgh audience said demand for their services is rising at an unprecedented rate. In recent weeks, top officials at some of the region's biggest midstream operators have said the transmission focus should soon shift to handling the rising volumes of natural gas liquids (NGL) and condensates in both the Marcellus and Utica (see Shale Daily, March 10).
But Thursday, the crowd heard about the stubborn need to handle the basin's residue gas, with Brett Nixon, director of business development at PVR Partners, chiming in to highlight a reversal of problems as gathering infrastructure begins to outgrow interstate pipelines.
"You have to look for the total solution here; it's not just gathering and processing. You have to have that NGL solution; you've got to have a residue takeaway solution. You can have the best drilling program, but with no way to get the gas out, you're basically shut down," said Tony Blando, vice president of marketing for the Columbia Pipeline Group, in response to Nixon's comment. "We're thinking now that you're going to be looking at 43 Bcf/d of additional capacity that will be needed on the residue side in the coming years just to make things happen."
Chad Zamarin, COO of midstream services at Columbia, agreed. He said not only is the company's vast northeastern storage severely depleted, but the basin is once again slowly becoming constrained on the residue side. Zamarin and others said the lessons of this winter and producers that show no signs of slowing down will require larger, more costly midstream projects in the near-future, with the region's bottleneck not expected to break until at least 2017 (see Shale Daily, March 20)....
Majorsville to Houston purity ethane line in operation. Seneca to Cadiz and Sherwood to Majorsville ethane lines still under construction. On KMP JV from 4th qrtr cc
"Frank M. Semple...Similarly, we believe that a pipeline, like the UMTP project that we are developing with Kinder Morgan, will allow us to transport unfractionated Y grade to the Gulf Coast and maintain supply and demand balance in the Northeast.....
.....-The UMTP project, it's continuing to -- this is open season process, continuing to educate -- it's an education process through that open season process. We talked, on the last earning call, about the marketing process that we're going through with Kinder Morgan on the project. And again, it's kind of a good situation that we have -- where we have 3 natural gas liquid pipeline projects that are in open season. Currently Mariner East 2, the expansion of Mariner East and the 2 Y grade projects. So a lot of progress has been made in that education process with the producer customers, in terms of their options for expanding our fractionation footprint in the Northeast, as well as accessing the markets on the East Coast, off the East Coast, through Mariner East 2 as well as the Gulf Coast to the 2 Y grade projects. So, really, over the last several months, it's been an intense effort to educate all of our producer customers. The open season continues. We expect that it's going to take some additional time for sort of the open seasons to result in enough support for the Kinder-MarkWest project to be able to announce the decision to move forward. Now, in the meantime, nothing's slowing down. Both of the Y grade projects have regulatory issues that they're addressing. They have design issues that they are addressing. And, obviously, the huge focus, like I mentioned earlier, on just the education process with our producer customers and potential shippers...."
can see on investorvillage mlp board
":in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices"
probably most in dark pools
EnLink Midstream Partners, LP (ENLK) (the “Partnership”) today announced the commencement of an underwritten public offering of 17,997,296 common units representing limited partner interests owned by GSO Crosstex Holdings LLC and certain of its affiliates (the “Selling Unitholders”).
Mar 18, 2014, 2:50pm EDT Updated: Mar 18, 2014, 3:28pm EDT
Marcellus to drive $70 billion in infrastructure development
Intern- Pittsburgh Business Times
Gas development in the Marcellus shale play is projected to spur almost $70 billion in gas-related infrastructure investments between now and 2035, a new study shows.
Tuesday’s report said the United States and Canada will jointly require $641 billion in midstream natural gas, natural gas liquids and crude oil infrastructure including between now and 2035, or about $30 billion per year. The study was conducted on behalf of the Interstate Natural Gas Association of America and conducted by ICF International.
The Marcellus is one of the largest reasons for the need for increased midstream infrastructure and pipelines, as production from the play continues to exceed expectations, the report said. While new infrastructure will likely be used to connect resource-heavy areas with places in which demand for natural gas is high, not all connections will require construction of new pipelines, but rather expansions of existing infrastructure, according to the study.
“This report shows a vibrant natural gas market in the future, and it also demonstrates the need for additional midstream infrastructure to support natural gas fulfilling its potential as a foundation fuel for our energy economy,” said Don Santa, president of the INGAA Foundation.
The Northeast as a whole is projected to drive $80 billion in infrastructure growth through 2035, the study said, $70 billion of which will come from the Marcellus play. The Marcellus is expected to more than double its current daily production level of 13 Bcf per day by 2035, according to the study.
oldrover i hand input my k-1 to TT. After screen asking how much in Box 1, the next screen should ask how much in boxes 4 thru 20. if you check box 13 then it will lead you to box 13 j. Likewise if you checked box 20 it will lead you to box 20. When box 20 screen comes up you input box 20t, then a screen will come up asking if you want cost depletion or percentage depletion and how much was on k-1 and you go form there. box 20t is very valuable
hig chrx. as always good points but as you know the dry gas will not get them the ethane., so will need a lot more of there own wet gas and ethane from others tied up than what they have today
actually 4 of their project are "tbd" so of the dated projects the 6 will make up 40% coming on line in second quarter
"...The action on the ground and the investment decision itself are two different things.
Whatever the case, Mr. Simco believes an Appalachian cracker may be "towards the bottom of their priorities."
"They've kind of screwed up everything in North America," he said. "They've basically proven they're just not competent in the shale space. What they're doing is retrenching."
Shell has consistently overpaid for shale assets and bought acreage outside of the sweet spots, he said. Its holdings in Pennsylvania include chunks in Tioga County, in the Allegheny National Forest, and in Butler and Lawrence counties.
"Some of our exploration bets have simply not worked out," Shell's CEO said.
"When we as the senior management look at the asset base today, and the new project proposals -- and there are a lot of these -- we need to be much more rigorous here," Mr. van Beurden told analysts...."
rest of article on investorvillage bry board
at least not a 1.2 item which would tend to lead to more tests
Bluestone II – 120 MMcf/d – 2Q14
De-ethanization – 10,000 Bbl/d – 2Q14
C3+ Fractionation – 10,000 Bbl/d –2Q14
De-ethanization – 40,000 Bbl/d – 2Q14
Seneca III – 200 MMcf/d – 2Q14
Majorsville IV – 200 MMcf/d – 2Q14
see investorvillage navb board has an example of a dec 2103 item
did tt correctly apply box 13 j (either amortized or all at once as a tax preference) and box 20T1 against Box 1 results?
Msg 36474 of 36476 at 3/14/2014 10:39:53 AM from investorvillage mlp board by
ARP & PSXP join Alerian MLP Index Mar 21
"ATLAS RESOURCE PARTNERS AND PHILLIPS 66 PARTNERS TO JOIN
THE ALERIAN MLP INDEX AND ALERIAN MLP EQUAL WEIGHT INDEX
Dallas, Texas – March 14, 2014 – Alerian announced that following the close of business on Friday, March 21, Atlas Resource Partners LP (NYSE: ARP) and Phillips 66 Partners LP (NYSE: PSXP) will be added to the Alerian MLP Index (NYSE: AMZ) and the Alerian MLP Equal Weight Index (CME: AMZE).
Atlas Resource Partners is active in oil and gas production in Texas, the Appalachian Basin, New Mexico, Alabama, and Oklahoma.
Phillips 66 Partners owns and operates crude oil, refined petroleum product and natural gas liquids pipelines and terminals and other transportation and midstream assets.
Boardwalk Pipeline Partners LP (NYSE: BWP) and PVR Partners LP (NYSE: PVR) will be removed from the index following the close of business on March 21.
The 50 constituents of the Alerian MLP Index will be rebalanced on a float-adjusted, capitalization-weighted basis in accordance with the existing index methodology. The 50 constituents of the Alerian MLP Equal Weight Index will be rebalanced on an equal-weighted basis in accordance with the existing index methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities...."