If you think the Keystone XL Pipeline project has endured more bad breakups than a teenage couple, you’d be exactly right. A federal judge in Montana this week revoked a key water permit issued to Alberta operator TC Energy, ruling the Army Corps of Engineers hadn’t addressed the project’s effects on specific wildlife species deemed endangered. The revocation, however, doesn’t affect TC’s current groundwork on the Canada-U.S. border already in progress. The company has vowed to soldier on.
TC Energy Corporation is a major North American energy company, based in Calgary, Alberta, Canada, that develops and operates energy infrastructure in Canada, the United States, and Mexico. The company operates three core businesses: Natural Gas Pipelines, Liquids Pipelines and Energy.
Headquartered in Houston, Texas, Summit Midstream Partners, LP (NYSE: SMLP) is a value-driven master limited partnership focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations, in the continental United States.
Meanwhile, in a joint venture with ExxonMobil, Houston-based Summit Midstream just received a regulatory nod from FERC on its environmental assessment of the Double E Permian Basin. The proposed 135.2-mile, 1.35 BCFD pipeline will transport natural gas from the northern Delaware sub-basin in N.M., to the Texas Waha hub. The line is expected to begin service next year. Exxon is one of the largest leaseholders and most active producers in the Delaware and is a foundation shipper on the project.
The Double E will be Summit’s freshman entrance into the Delaware, although the company also operates crude oil, natural gas, and produced water systems in the Permian’s Bone Spring and Wolfcamp shale plays in N.M.
Summit’s midstream footprint extends across six unconventional resource basins that includes:
- The Mountaineer Midstream and Summit Utica systems, which serve the Appalachian Basin
- The Bison Midstream and Polar & Divide systems in the Williston Basin
- The DFW Midstream system in the Fort Worth Basin
- The Grand River system in the Piceance Basin
- The Niobrara G&P system in the DJ Basin
- The Permian
Was this article helpful? Let us know your thoughts.