Some pipeline builders have sensed an opportunity. Earlier this month, Energy Transfer Equity agreed to buy PVR Partners for $3.8 billion, while Crestwood Midstream announced a $750 million deal to buy privately held Arrow Midstream Holdings. Crestwood will become one of the biggest processors in the Bakken after the deal.
Hess plans to spend more than $300 million to double its processing plant in Tioga. N.D.; Alliance Pipeline is building a $141 million 79-mile extension that will carry natural gas from the Bakken to its larger interstate pipeline from Alberta.
Wednesday, October 23, 2013
Random CNBC Story On Flaring
Link here to CNBC story.
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