Midstream Business Magazine - April 2016
Cover Story
The future Is Now
Natural gas is set to become the dominant power generation fuel.
The Future Is Now
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.
Editor's Note
Editor's Note
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.
Feature
Abundance In The New World Order
Hydrocarbon abundance is displacing hydrocarbon scarcity, with profound geopolitical implications.
Pipeline To Preservation
A unique project gives New York City the gas it needs while preserving a portion of its history.
Regulatory Review: North Dakota Gathering Rules
Proposed North Dakota gathering rules could create conflict—and costs—for the midstream.
The Interview: Creating Connectivity
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.
This Bears Watching
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.
Alerian Index
Sabine Sour
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.
News Flow
News Flow
News Flow
Transaction Update
Good For Us
Getting finances under control is a strategic necessity.