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Energy Transfer to Finish Mariner East Expansion in Pennsylvania Despite Opposition
08/20/2021
Energy Transfer LP said on July 21 it plans to finish the final phase of its long-delayed Mariner East 2 NGL pipeline expansion in Pennsylvania in the third quarter despite calls by county commissioners to shut some operating parts of the system. Chester County Commissioners asked the Pennsylvania Public Utility Commission (PUC) to shut the operating Mariner East 1 and a 12-inch (30-cm) “workaround” pipe being used by the Mariner East 2 expansion.
The county commissioners said several sinkholes have developed this year near the Mariner East 2 construction site in West Whiteland Township in southeastern Pennsylvania about 30 miles (48 km) west of Philadelphia.
Energy Transfer’s Sunoco Pipeline unit used an existing 12-inch pipe—the so-called “workaround” pipe—to allow the 20-inch Mariner East 2 to enter service in December 2018 after numerous delays related to sinkholes and drilling fluid spills slowed the project’s construction.Mariner East transports liquids from the Marcellus/Utica shale in western Pennsylvania to customers in the state and elsewhere, including international exports from Energy Transfer’s Marcus Hook complex near Philadelphia.
Sunoco started work on the $2.5 billion Mariner East expansion in February 2017 and planned to finish the 350-mile (563-km) pipeline in third-quarter 2017.
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Rail Permit for New Fortress to Ship LNG Expired, Putting Future Projects at Risk
Uncertainty grows: as New Fortresses permit to ship LNG by rail expires, PHSMA explores temporal pausing of the method to provide more time to study safety-related issues. The news prompts one to wonder whether Fortress will proceed with its Pennsylvanian LNG project, in which it has already sunk about $159 million in development.
All-in: Chevron Invests $3 Billion in Alternative Fuels
With the purchase of Renewable Energy Group Inc. for $3.15 billion, Chevron makes its largest investment in alternativefuels. This turn in investments highlights the shift in the world’s attitude toward climatechange. Since oil companies contribute heavily to global #emissions, governments and investors are increasingly urging them to reduce their #carbonfootprints and join the fight against emissions. As state and federal subsidies to decarbonize fuels increase, U.S. refineries have likewise increased the production of renewable diesel. In line with this, by 2050, Chevron aims to cut gas emissions to zero.
The Williston Basin is a big area filled with layers of rock that sits next to the Rocky Mountains in western North Dakota, eastern Montana, and the southern part of Saskatchewan in Canada. This area covers roughly 110,000 square miles. Geologically, it's very similar to the Alberta Basin in Canada. People started drilling for oil in the Williston Basin back in 1936, and by 1954, most of the land where oil could likely be found was already claimed for drilling. The Bakken Formation with parts of Montana, North Dakota, Saskatchewan, and Manitoba has become one of only ten oil fields globally to yield over 1 million barrels per day (bpd) since the late 2000s. It is currently the third-largest U.S. shale oilfield, behind the Permian and Eagle Ford. The boom in the Bakken started around September 2008, coinciding with the U.S. housing market crash. The application of new technologies, such as swell packers enabling multiple-stage fracturing, significantly enhanced oil recovery, making the Bakken Formation a key player in the U.S. In 2022, the Bakken oil field saw big improvements in how much oil and gas it could produce. At the start of the year, 27 drilling rigs were working there, more than double the 11 rigs from the start of 2021. Important upgrades included making the Tioga Gas Plant able to process 150 million cubic feet more gas each day, and making the Dakota Access Pipeline bigger, increasing its oil transport capacity from 570,000 to 750,000 barrels every day.
Continental Resources is expanding its operations in the Midland Basin, including taking over some assets that used to belong to Occidental Petroleum. The company plans to use its expertise in exploration in this area.
Equinor and EQT Corporation have agreed that Equinor will exchange its operated assets in the Marcellus and Utica shale formations in Ohio for a stake in EQT’s non-operated interests in the Northern Marcellus formation.