Gathering
Need For Infrastructure Among Challenges Outside Of U.S.
Outside the U.S., the lack of a large-scale pipeline network and related infrastructure makes getting oil and gas to market difficult, and sometimes cost-prohibitive. A recent McKinsey & Company report estimates it will take up to $1.4 trillion in infrastructure investment to complete the necessary pipelines, rail networks, and drilling and gathering infrastructure necessary to fully capture the potential of the shale revolution in the U.S. The investment required to take advantage of a global shale revolution will certainly be even greater.
Family-Owned Sunland As Diversified As Construction Companies Get
You might say Craig Meier started at the ground level on the road to becoming president of Sunland Construction, Inc., working as a roustabout for several small contractors, while earning his mechanical engineering degree from the University of Oklahoma.
Prices, Transportation Determine Future For Canadian Oil And Gas
Recent reports on the state of crude oil and natural gas production in Canada suggest that the transportation bottleneck at the border will have long-ranging effects on Canada’s energy markets.
Accelerating Benefits Of Shale Plays With Bundled Technology
With energy independence, energy exporting through LNG, billions of dollars in economic benefit, and more than 4 million jobs hinged to the development and deployment of the shale play natural gas reserves, one would think a national plan would materialize to capitalize quickly on the pending benefits.
Energy Reforms Would Open Mexicos Petroleum Industry To Global Investment
In a bid to fulfill a campaign promise, Mexican President Enrique Peña Nieto has proposed a change to the constitution to allow private companies to share in the development, transportation and refining of Mexico’s vast energy resources, which are reserved exclusively to Petróleos Mexicanos (PEMEX). The changes would revert the constitution to its 1940 position, maintaining national ownership of all hydrocarbons but overturning 1950s-era changes that prevent any private interest participating in the energy industry.
Global Implications Of Shale Development
As we watch the development of natural gas from the Marcellus Shale in the Northeast, the implications are both obvious and subtle at the same time. The economic outcomes are measureable at the local level with new business opportunities for established shop owners as energy companies and their many contractors make a concerted effort to source goods and services within host communities.
U.S. Shale Development Points To Far-Reaching Effect Worldwide
Ten years after the shale revolution first took off in the North Texas Barnett Shale formation, large-scale shale development primarily remains a phenomenon unique to the United States.
Crosstex Reaches Crossroads With ‘Transformational’ Cajun-Sibon Pipeline
During his 30 years in the energy business, Barry Davis has no doubt heard a fair amount of bluster and hyperbole about “big projects.” Yet, even a brief talk with the Crosstex president and CEO about the Cajun-Sibon expansion project leaves the listener keenly aware that in his mind there can be no understating the importance of this endeavor to his company.
Centurion Gives Green Light To Cline Shale Pipeline
Centurion Pipeline L.P., a subsidiary of Occidental Petroleum Corp., plans to proceed with construction of the Cline Shale Pipeline system to transport crude oil from Irion, Sterling, Coke, Tom Green and Mitchell counties in West Texas to Centurion’s existing Colorado City station in Scurry County, TX.
MSC Unleashes Safety Report On Pipeline Boring Practices
The Marcellus Shale Coalition (MSC) released “Recommended Practices for Pipeline Boring,” the seventh in a series of content-rich guidance documents developed by the coalition’s various subject-specific committees.
Runaway Train Calamity Underscores Crude-By-Rail Concerns
When a train carrying 72 tanker cars of Bakken crude oil derailed in the Quebec town of Lac-Mégantic, killing 47 people and destroying 40 buildings, it powerfully rekindled the debate over the merits of rail vs. pipeline delivery throughout the industry.
Energy Economics Conference Suggests Upcoming Plummet In Oil Prices
Rice University’s James A. Baker III Institute for Public Policy recently hosted a conference, “Energy Market Globalization: Investment and Commodity Price Cycles and the Role of Geopolitics.” Much discussion focused on the relationships of oil prices to other economic indicators, and whether these relationships indicated that oil prices may tumble in the near future.
Charlie Joyce: Born And Raised To Be A Pipeliner
The hallmark of the pipeline business has always been symbolized by the handshake. Never has there been a better example of this tradition than with Charlie Joyce and his family, owners of Otis Eastern Service, Inc., in Wellsville, NY.
Summit Midstream To Expand North Dakota Gathering Systems
Summit Midstream Partners, LLC announced an expansion of its Divide crude oil and water gathering system under construction in Williams and Divide counties, ND.
E&P Companies Cite Insufficient Pipeline Capacity Among Fastest-Growing Potential Threats
According to a study released by BDO USA, LLP, 80% of the 100 biggest publicly traded exploration and production companies by revenue listed insufficient pipeline, storage or trucking capacity as among the potential risks to their business for 2013. The study was conducted on the companies’ SEC 10-K filings, which list possible threats to their financial performance.
Americas Newfound Power: What U.S. Should Do To Capitalize On Shale, Renewable Energy Revolutions
It was hard not to do a double take when the story broke last November: By 2017, the headlines read, the United States would overtake Saudi Arabia as the world’s largest oil producer. And by 2025, the U.S. could be exporting more oil and gas than it imports.
Uneven Energy Transportation Infrastructure Delaying Full Global Benefits Of Shale Gale
Increased natural gas utilization, and to a lesser extent oil development, is being hampered by a lack of market liquidity and spot pricing for the commodities both domestically and abroad. Roadblocks include insufficient pipeline connectivity in North America and into Europe, a dramatic lack of international energy infrastructure in Asia, and the regulatory and environmental delays that prevent the necessary investments from going forward.
Australia Facing Hiatus In LNG Development
At APPEA 2013, Wood Mackenzie's head of Australia Upstream Consulting, Andrew McManus, warned Australia faces a hiatus in LNG projects as the focus of buyers has turned to the U.S., where he said customers can find potentially lower-cost, more flexible LNG and the opportunity to diversify supply portfolios.
California Dreaming? Could The Monterey Be Road To Oil Future?
“I think there is lots of opportunity. It is whether or not the economics can line up with the technology to get it out of the ground.” <em>– oil executive in Bakersfield</em> Between federal numbers crunchers, and a university and think tank-based report that surfaced earlier this year, California’s venerable Monterey Shale is stirring renewed dreams of California gold – black gold in the form of heavy crude.
Crosstex Holds Open Season For NGL Pipeline Project
NGL Pipeline, L.P., an affiliate of Crosstex Energy companies, held a binding open season for volume commitments for interstate common carrier transportation service on the proposed Crosstex NGL Pipeline that will transport unfractionated NGLs produced in the Permian Basin, Barnett Shale, Eagle Ford Shale and other areas from the Mont Belvieu area to NGL fractionation facilities in Acadia and Ascension parishes, LA for one year and to NGL fractionation facilities in Acadia and Iberville parishes thereafter.
Crestwood, Inergy Merge To Form $7 Billion Midstream JV
Crestwood Midstream Partners LP, Crestwood Holdings LLC and Inergy LP, Inergy Midstream LP have signed definitive agreements to create a fully integrated midstream partnership valued at $7 billion.
Koch Pipeline Launches Bakken Pipeline Project Non-Binding Open Season
Koch Pipeline Company, L.P. has announced that it will conduct Phase I of an open season for the Dakota Express Pipeline, a proposed pipeline to transport Bakken crude oil from western North Dakota to Hartford, IL and Patoka, IL.
Feds see twofold jump in Bakken, Three Forks oil, gas resources
The United States Geological Survey (USGS) has released an updated oil and gas resource assessment for the Bakken Formation and a new assessment for the Three Forks Formation in North Dakota, South Dakota and Montana, showing the formations contain an estimated mean of 7.4 Bbbl of undiscovered, technically recoverable oil.
Shale Plays Should See Added Capacity Next 2 Years
While the federal Energy Information Administration (EIA) may have first logged shale gas development and production as far back as the mid-1990s, it has only been in recent years that shale plays have become universally recognized as a game-changer for the energy industry.
Atlas Energy Buys Eagle Ford Midstream Business For $1 Billion
Atlas Energy LP’s midstream subsidiary, Atlas Pipeline Partners (APL) LP, has a definitive agreement to acquire 100% of the equity interests of TEAK Midstream LLC for $1 billion.
Construction Starts On Pioneer Project
Dakota Plains Holdings Inc. and joint venture partner, Petroleum Transport Solutions LLC, an indirect wholly owned subsidiary of World Fuel Services Corp., report construction is underway for the Pioneer Project.
MarkWest To Provide Midstream Services In Utica Shale
MarkWest Utica EMG LLC, a joint venture between MarkWest Energy Partners LP and The Energy and Minerals Group, has agreements with PDC Energy Inc. to provide gathering, processing, fractionation, and marketing services in the Utica Shale in Ohio.
Chesapeake Awards Contract For Eagle Ford Production Facility
Strategy Engineering & Consulting LLC was awarded a contract by Chesapeake Energy to design a Central Production Facility (CPF) in the Eagle Ford Shale.
Crude Oil/Frac Sand Terminal Planned In New Mexico
Rangeland Energy expects to invest more than $150 million in a terminal and supporting infrastructure in Loving, NM. The company has contracts to purchase 770 acres near Loving and plans to begin development of a terminal facility capable of handling crude oil, frac sand, pipe and other products.
Continental Resources Bakken Crude Supply Agreement
Continental Resources Inc. has agreed to supply PBF with Bakken crude oil, which will be delivered by rail to PBF’s double-loop track at its refinery in Delaware City, DE.
- Poland Detects Leak in Russia's Druzhba Oil Pipeline
- Magellan Midstream Approves $18.8 Billion Sale to ONEOK, Creating Major U.S. Pipeline Player
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
- South Dakota Denies Permit for Summit Carbon Solutions' 495-Mile CO2 Pipeline Segment
- Canada Looking to Sell Trans Mountain Pipeline Stake to Indigenous Groups
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- Criteria to Consider in Selecting Water Transfer Flow Meters
- US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
