Shell Renews Option for Land in Pennsylvania

"The land in Beaver County is owned by Horsehead Holding Corp. ZINC -0.61% , a metal-processing company based in Pittsburgh. A Horsehead spokesman earlier said Shell's option on the land, which had been due to expire in early January, had been renewed but that terms were confidential.

Ms. Windon said in an email that the company was continuing to evaluate the site and hadn't made any decision on whether to proceed with the project. "The demolition work is being initiated to begin preparation of the site for potential construction," she said. That work is due to begin early in 2014."

Article in the WSJ today:

http://online.wsj.com/news/articles/SB10001424052702303799404579282...

Views: 7688

Replies to This Discussion

Permalink Reply by Jason on December 26, 2013 at 11:55am
Good news - confidential agreement.
Permalink Reply by Trapper on December 26, 2013 at 1:53pm
Why the heck can't they just come out with the news?
Permalink Reply by Allen on December 26, 2013 at 4:16pm

Removing the old structures is one thing, imagine how much toxic earth will need spirited away and where would they dump it. I've heard the Super Fund is nearly broke so they will not get much if any help from the Gov. Looks like the slow train is still at the station. Full story release here:

 http://www.ellwoodcityledger.com/news/local_news/shell-extends-opti...

Permalink Reply by Gary on December 27, 2013 at 1:13am
Permalink Reply by Mike on January 8, 2014 at 1:38pm
Shell will come looking for a few more handouts before they make any announcement.
Permalink Reply by Todd on January 15, 2014 at 5:39pm

http://www.ahs.dep.pa.gov/eFACTSWeb/searchResults_singleAuth.aspx?A...

Anyone have any insight regarding this Marathon Petroleum facility in Industry/Midland?  Is it expanding or are they just renewing their port terminal facility permit?

Permalink Reply by craig on January 15, 2014 at 5:58pm

Clicking through your link abit further it appears that they filed a modification for a Major Facility Plan Approval, and then filed for an extension (the link you posted) of the Major Facility Plan Approval permitting process. Don't know what that might mean though but seems like they are doing more than just updating a permit.

I don't drive that way much at all but may have to check it out someday.

Permalink Reply by Todd on January 15, 2014 at 6:02pm

I agree it looks like this could be a good thing.  Thanks Craig for your evaluation.  Maybe someone else in that area might have some more info for us.

Permalink Reply by Gary on January 16, 2014 at 12:00am

Marathon has a site just as you enter Midland. It has tanks and river access. A lot of fuel trucks load at the facility..I have seen Sheets tankers ,home heating oil tankers,etc. I think this will be an expansion...they announced that they are going to build a pipeline to the location from Ohio..click on picture to see the complet map..

http://marcellusdrilling.com/2013/12/marathon-petroleums-newly-anno...

 

 

 

Permalink Reply by Todd on January 16, 2014 at 8:00am

Excellent find Gary.  Thanks!

Hopefully the wet gas of the Upper Devonian and Marcellus in Beaver County will start to be produced soon in order to take advantage of the increased capacity of the MPC terminal in Midland (along with the hopeful Shell ethane cracker).

Permalink Reply by Gary on January 17, 2014 at 7:55am
Permalink Reply by Todd on January 17, 2014 at 8:25am
Thanks again Gary!
That's great that ICIS predicts an estimated startup date for the Shell cracker in 2019-2020.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service