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Nuvista Energy Ltd NUVSF


Primary Symbol: T.NVA

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. Its Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500m.


TSX:NVA - Post by User

Post by Carjackon Jul 13, 2023 2:45am
118 Views
Post# 35538666

Kinder Morgan Expanding Eagle Ford Pipeline Systems, Supplyi

Kinder Morgan Expanding Eagle Ford Pipeline Systems, Supplyi

(P&GJ) — A subsidiary of Kinder Morgan Inc. and Howard Energy Partners (HEP), through its joint venture Dos Caminos LLC (Dos Caminos), has announced plans to expand their respective Eagle Ford natural gas transportation systems.

Tejas is constructing an approximately 67 mile, 42-inch pipeline commencing at the existing Kinder Morgan Texas Pipeline (KMTP) compressor station near Freer, Texas to the Tejas pipeline system near Sinton, Texas.

Dos Caminos is constructing an approximately 62 mile, 36-inch pipeline, as well as compression, treating and dehydration facilities commencing near HEP’s existing midstream pipelines and facilities in Webb County, Texas to the KMTP compressor station in Freer, Texas.

The projects are planned to be completed in the fourth quarter of 2023 and will be capable of delivering up to 2 billion cubic feet per day (Bcf/d) of natural gas to U.S. Gulf Coast markets.

“We are pleased to be working with Dos Caminos and HEP to provide Gulf Coast market access to Eagle Ford natural gas supply,” said KMI’s Natural Gas Midstream President Tom Dender. “This approximately $251 million expansion project, referred to as the Eagle Ford project in our January backlog, will be a critical supply link for the impending growth being discussed with power generators, industrial customers and LNG exporters along our Texas intrastate pipeline network.”

Dos Caminos is a joint venture between HEP and an affiliate of Eagle Ford Midstream LP.

 
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