Gas Processing is Produced by Gulf Publishing Company

Your source for technology information for the gas processing industry


Keyera signs natgas handling agreements, investments at its Simonette gas plant

CALGARY — Keyera Corp. announced that it has entered into 10-yr gas handling agreements with Athabasca Oil Corporation (AOC) and Murphy Oil Company Ltd. to process natural gas production from their Montney and Duvernay operations west of Fox Creek, Alberta. Both gas handling agreements include take-or-pay commitments and facility dedications.

Keyera Simonette Gas Plant Resized
Photo courtesy of Keyera Corp.

In support of these agreements, Keyera plans to enhance its Simonette gas plant operations with improved inlet liquids handling facilities and acid gas injection facilities. The investments are expected to cost between $85 MM and $100 MM and be operational in the first half of 2019, assuming regulatory approvals are received on a timely basis and the current construction schedule is maintained. As a result of this project, Keyera now expects to invest growth capital of between $800 MM and $900 MM in 2018.

To meet growing volume commitments and support additional production in the region, Keyera is also considering an expansion of the processing capacity of its Simonette gas plant. Keyera continues to have discussions with existing and new producers to understand their area development plans in order to finalize the timing and size of an expansion. 


Copyright © 2016. All market data is provided by Barchart Market Data Solutions. Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  Cmegroupicon                                     Icelogo

FEATURED COLUMNS

Business Trends
-Julian Thomas
Indonesia, home to 260 MM people on 14,000 islands across a vast archipelago, is estimated to become the seventh-largest economy in the world by 2030, with such growth expected to boost the nation’s energy consumption by 80% from present levels.<sup>1</sup>
Editorial Comment
-Adrienne Blume
At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
Executive Viewpoint
-Christina Andersen
In one of the toughest markets in the history of gas compression, we are challenged to deliver more with less.


The New LNG Imperative

Register Now

The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.

November 29, 2017 10am CST

View on Demand

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2015 Gulf Publishing Company.