New York Times and Natural Gas

This story was in the most recent issue of the Oil and Gas Journal:  Dominion to build West Virginia processing, fractionation plant for Marcellus and Utica shale plays. August 5, 2011.

When I read that story, the first thing I thought of was the New York Times article on companies exploring for and producing natural gas from shale deposits in this country.  So, now Dominion is going to be building a plant in West Virginia to process natural gas, bringing more jobs and more prosperity.

Yup.

By the way, the same thing in Alberta, Canada: another natural gas plant there will be expanding due to demand. 

Pembina Pipeline Corp., Calgary, will expand capacity by 50 MMcfd at one of its gas plants at the Cutbank shallow gas processing complex to meet high plant utilization and strong demand. The complex is in west central Alberta.

On completion of the $26 million (Can.) expansion, the complex will have total raw gas processing capacity of 410 MMcfd, an increase to Pembina of 16%. The Cutbank expansion will occur at the Musreau gas plant, one of the three plants that make up the complex.

Pembina expects the expansion, subject to regulatory and environmental approval, be in service by mid-2012. The company entered into contracts with minimum terms of 5 years with area producers for the entire expansion capacity on a fee-for-service basis.

Yup: "... high plant utilization and strong demand." More jobs, more prosperity, and just a little bit more independence from the Middle East. Great news.