Pipeline News

• November 2009
  Enbridge Energy Partners Closes Sale of Natural Gas Companies
• November 2009
  Williams’ Northwest Pipeline Completes Colorado Hub Connection
• November 2009
  Canadian Energy Board Announces Next Steps for Mackenzie Gas Project
• November 2009
  MasTec Pays $150 Million for Precision Pipeline
• November 2009
  New Mulching System Provides Diversity for Land Clearing
• November 2009
  U.S. EPA Presents STAR Awards for Emissions Reduction Program
• November 2009
  URS Expands Presence in Rocky Mountain Oil and Gas Market
• November 2009
  New President Among Changes at Laney Directional Drilling
• November 2009
  BP Announces Major Gulf Discovery
• November 2009
  Arena Resources Tie-in Saves on Crude Transportation Charges
• November 2009
  Universal Ensco and Pegasus International Announce Global Rebranding
• November 2009
  Regency Building $47 Million Expansion for Haynesville Shale
• November 2009
  Federal Coordinator for Alaska’s Natural Gas Pipeline Resigns
• November 2009
  AEM Elects 2010 Officers and Directors
• November 24, 2009
  CAVU Resources Purchases 49 Miles of Pipeline with Oil and Gas Leases
• November 24, 2009
  Williams Seeks to Add to Southeast U.S. Natural Gas Service by 2011
• November 24, 2009
  Canadian Operating Costs Continued to Rise in 2008 with No Drop in 2009
• December 8, 2009
  TransCanada Raises $2.5 Million for Charity
• December 8, 2009
  Clean Water Could Halt Pennsylvania’s Natural Gas Market
• December 8, 2009
  Commitment and Endurance Are Essential to Meeting Global Energy Needs
• December 22, 2009
  ExxonMobil Expands Gas Production with XTO Energy Purchase
• December 22, 2009
  El Paso Will Spend $4.1 Billion in 2010 on Gas Pipelines
• December 22, 2009
  FERC Authorizes Pacific Connector and Jordan Cove Projects
• January 5, 2010
  Spectra Energy Agrees to Supply Gas to N.J. and N.Y. Areas
• January 5, 2010
  FERC Reaffirms AES Sparrows Point Project
• January 5, 2010
  Savanna Energy Takes First Step Outside North America
• January 19, 2010
  ExxonMobil Brings New Life to Oil and Gas Field Discovered in 1940
• January 19, 2010
  Transco Pipeline Sets Peak-Day Delivery Record
• January 19, 2010
  Newfield and Anadarko to Acquire Maverick Basin in Southwest Texas
• February 2, 2010
  Complete: Final Leg of Rockies Express Pipeline
• February 2, 2010
  Drilling to Begin in Historic Fields in East Texas
• February 2, 2010
  PetroBakken Increases Presence in Western Canada

BP Announces Major Gulf Discovery

BP has discovered a major new oil find in the Gulf of Mexico, confirming that the Gulf’s southern waters are one of the world’s most promising oil exploration regions. BP said its Tiber prospect is a “giant.”

The well, located in Keathley Canyon block 102, approximately 250 miles southeast of Houston, is in 4,132 ft of water. The Tiber well was drilled to a total depth of approximately 35,055 ft, making it one of the deepest wells ever drilled by the oil and gas industry. The well found oil in multiple Lower Tertiary reservoirs. Appraisal will be required to determine the size and commerciality of the discovery.

“Tiber represents BP’s second material discovery in the emerging Lower Tertiary play in the U.S. Gulf of Mexico, following our earlier Kaskida discovery,” says Andy Inglis, chief executive of exploration and production for BP. “These material discoveries together with our industry leading acreage position support the continuing growth of our deepwater Gulf of Mexico business into the second half of the next decade.” BP announced the discovery on Sept. 2.