This is a breaking story so there is not yet a lot of information. I will update as the story develops.
A pipeline exploded in Ellis County TX. Homes and schools have been evacuated. Fire out of control.
WFAA NEWS VIDEO
CBS NEWS VIDEO
It looks like some kind of natural gas facility or drilling operation in the photo.
According to the new, this is an active drill site and the explosion occurred when they punctured the pipeline. However, that can’t be correct because they would not be drilling through a pipeline. I’m wondering it this was one of those hot tap operations where they try to hook up a new pipeline to an existing pipeline.
Reuters says there is another pipeline that may explode and require wider evacuations.
It’s a 10-inch liquids LPG gas pipeline owned by Chevron.
The entire town of Milford has been evacuated. LA Times.
Here is some information from Dory:
Chevron – Reliance Industries Limited (RTL) (India):
MumbaiFebruary 17, 2011
Reliance Industries (RIL) today got a new partner for its Marcellus Shale gas assets in the U.S., as Atlas Energy shareholders approved its merger with Chevron Corporation. While RIL spokesperson declined to comment, a source close to the company said RIL was keen and interested in the shale gas business. Instead of working with Atlas Energy, it will now work with Chevron, he said. http://www.business-standard.
com/article/companies/ril- gets-new-partner-for- marcellus-111021700097_1.html
RIL was miffed about being kept in dark and displeased with the fact that the valuation of Marcellus shale gas asset for Chevron deal was half of what Reliance paid for its 40 per cent stake. RIL has a 40 per cent stake in the joint venture with Atlas Energy, which it had formed last April. It had agreed to pay $1.7 billion for the said working interest in the underlying shale asset, Marcellus Shale. This included $340-million upfront cash payment and $1.36-billion drilling carry.
“Chevron owns 80 percent of the pipeline system and Atlas Pipeline Partners has a 20 percent stake.” [per Reuters http://www.reuters.com/
article/2013/11/14/us-energy- pipeline-explosion- idUSBRE9AD0Y120131114 ]
Chevron owns Atlas Energy, Atlas Pipeline Partners is an affiliate of Atlas Energy (http://www.atlasenergy.com/
Atlas Pipeline Partners: Atlas Pipeline also owns a 20% interest in the West Texas LPG natural gas liquids transportation pipeline, operated by majority owner Chevron Corporation.
Coming soon – Chevron blames Atlas Pipeline who in turns blames Atlas Energy who blames Chevron…. when in essence they are all the same corporation.