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Pipeline Upgrades to Increase Natural Gas Flows into New England — EIA

Pipeline Upgrades to Increase Natural Gas Flows into New England – EIA

Several natural gas pipeline upgrades are either planned or under construction in New England, which will increase deliverability into the region over the next several years, according to data from the U.S. Energy Information Administration (EIA)

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Tumbleweed Midstream

Tumbleweed Midstream Acquires Ladder Creek Helium Plant and Gathering System from DCP Midstream

The acquisition of the Ladder Creek Helium Plant and Gathering System represents a significant opportunity for Tumbleweed Midstream,” said Tumbleweed CEO Durell Johnson. “The U.S. is the world’s largest helium producer. At the same time, the world supply of helium is suffering from a multiyear shortfall. This has boosted prices for natural gas with a high helium content and has begun to raise red flags in industries that depend on helium. The growth of Ladder Creek’s helium operations starts with delivering our current customers superior economics with the highest level of service. The helium is there, it’s highly valuable and by extracting it Tumbleweed can return premium netbacks to the producers in the region.

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