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FERC has a list of tasks to complete for the Energy Transfer Partners LP (NYSE: ETP) before the Rover natural gas pipeline can enter service.

ETP expects the first phase of Rover to enter service in late July with the second phase by Nov. 1.

There have been warnings, however, have said that an order by the U.S. Federal Energy Regulatory Commission (FERC) on May 10 banning ETP from new horizontal directional drilling under waterways and roads after a spill in Ohio could cause delays.

ETP spilled about two million gallons of drilling fluid, a clay and water mix, into Tuscarawas River wetlands in Ohio in April.

Source: http://www.midstreambusiness.com

 

Midstream
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Southland Royalty sold its San Juan Basin assets to MorningStar for $17.3 million. We go over the basics with an emphasis on the data needed to evaluate Southland Royalty's acreage in the San Juan Basin.

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As demands for water management solutions increase, service companies are looking for new ways to optimize their ability to recycle and store this water.

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As you know the US Oil Rig Count has dropped by over 20% from January to December 2019. In Texas we saw oil rigs count dropping over 30% in that same time frame.