Permian
Kinder Morgan Moves Ahead with Pipeline Connection to Houston
Kinder Morgan Inc will go ahead with a South Texas pipeline connection that would transport crude from Phillips 66's 900,000 bpd Gray Oak pipeline in the Permian Basin to delivery points at the Houston Ship Channel, the company said on Wednesday.
Enterprise Begins Service on Orla 3
Enterprise Products Partners has announced that service recently began on the third train at its Orla cryogenic natural gas processing plant in Reeves County, Texas.
Solaris Launches Expanded N.M. Produced Water Facility
Solaris Water Midstream said it has launched operations at its expanded Lobo Ranch Produced Water Recycling and Blending Center in Eddy County, N.M. and started development of another facility in Lea County, N.M.
Permian to Need More Crude Takeaway Capacity After Brief Overbuild: WoodMac
Planned crude oil pipeline projects may result in a "moderate overbuild" of Permian Basin crude oil capacity in the early 2020s, but Wood Mackenzie analysts project this period of overcapacity will be fairly short-lived before even more capacity is be needed.
Texas Court Clears Path for Kinder Morgan's Permian Highway Pipeline
A lawsuit challenging Texas' pipeline approval process was dismissed by a Travis County District Court judge, clearing the way for Kinder Morgan to continue its construction of a $2 billion natural gas pipeline from the Permian Basin to the Gulf Coast.
U.S. Shale Oil Output to Rise to Record 8.52 MMbpd in July EIA
U.S. oil output from seven major shale formations is expected to rise by about 70,000 bpd in July to a record 8.52 million bpd, the U.S. Energy Information Administration said in its monthly drilling productivity report on Monday.
Terminal Expansions Aid Permian Basin Exports
The re-emergence of the United States as a leading power in energy markets is good news for all Americans. A secure and resilient energy sector helps all end-users here at home, from manufacturers to residential consumers.
Bayou Bridge Launches Open Season for Expanded Joint Tariff Service
Bayou Bridge Pipeline launched a non-binding expansion open season to solicit shipper interest for expanded joint tariff transportation service received from certain connecting carriers onto the Bayou Bridge Pipeline System.
Magellan Optimistic About Cushing-to-Houston Crude Pipeline
Magellan Midstream Partners is confident a proposed Midland origin point will attract enough commitments from shippers to go forward with a crude pipeline from the oil storage hub in Cushing, Okla., to Houston, Chief Executive Michael Mears said.
Phillips 66, Plains Sanction $2.5 Billion Red Oak Pipeline System
Plains All American Pipeline and Phillips 66 announced they will proceed with construction of the Red Oak Pipeline system in a new joint venture to transport crude oil from the Permian Basin and Cushing, Okla., to Houston and multiple locations along the Texas Gulf Coast.
Final Investment Decision Reached for Whistler Pipeline
MPLX LP, WhiteWater Midstream backed by First Infrastructure Capital, and a joint venture between Stonepeak Infrastructure Partners and West Texas Gas, Inc. have reached a final investment decision to move forward with the design and construction of the Whistler Pipeline after having secured sufficient firm transportation agreements with shippers.
U.S. Regulators Partially OK Cactus II Rate Structure
U.S. energy regulators partially approved the rate structure and terms of service for Plains All American Pipeline LP’s Cactus II crude and condensate line from the Permian Basin to the Corpus Christi, Texas, area.
Natural Gas Flaring in Permian Hits Record High in Q1
Natural gas flaring and venting in the top U.S. oil field reached an all-time high in the first quarter of the year due to the lack of pipelines, at a time of increased focus on environmental concerns about methane emissions.
Water Solutions Company Paying Big for West Texas Ranch
A water solutions company out of Forth Worth, TX is ready to spend $450 million for water underneath a West Texas ranch.
Kinder Morgan Announces Binding Open Season on SFPP
Kinder Morgan, Inc. today announced the start of a binding open season to solicit commitments for an expansion of a portion of its SFPP system.
Howard Energy Plans New Gathering System in STACK Play
Howard Energy Partners announced yesterday that it has executed an agreement with a major North American oil and gas producer to construct, own and operate a new natural gas gathering system located in the over-pressured area of the prolific STACK play. HEP’s new midstream infrastructure will be anchored by fee-based, long-term acreage dedications totaling approximately 10,000 acres in Dewey and Custer counties in central Oklahoma.
Tellurian Holds Open Season for Permian Global Access Pipeline
Tellurian subsidiary Permian Global Access Pipeline is conducting a binding open season to secure prospective shippers for its proposed Permian Global Access Pipeline (PGAP) project. PGAP is a proposed 42-inch interstate natural gas pipeline originating at the Waha Hub in Pecos County, Texas, and t..
ExxonMobil Raises Permian Target by 1 Million Barrels Daily
ExxonMobil has revised its Permian Basin growth plans to produce more than 1 MMboe/d by as early as 2024 – an increase that is driving significant pipeline and infrastructure development. The Irving, Texas-based oil giant’s new target represents a significant boost in size and speed over plans set ..
Opinion: Sub-Standard Pipe Torpedoing Basin Projects
By: Tony Radoszewski, President, The Plastics Pipe Institute, Inc. The boom is on in the basin and other areas. That’s the good news. The bad news is that this year, sub-standard plastic pipe has been found in the oil and gas gathering operations of the Permian and Delaware basins in Texas and New..
Apache Corp Halting Permian Gas Production Due to Lack of Pipelines
Oil and gas producer Apache Corp said on Tuesday it temporarily halted production at its Alpine High assets in the Permian basin late March, curtailing output of about 250 million cubic feet of natural gas per day because of extremely low prices.
New Cogent Pipeline to Connect Processing Complex to GCX
Cogent Midstream said it plans to build a new 400 MMcf/d pipeline to deliver residue gas from its Big Lake Natural Gas Processing complex in the Midland Basin to the Gulf Coast Express Pipeline (GCX).
Oryx Midstream Launches Binding Open Season for New Movements on Texas Pipelines
Oryx Midstream Services II, LLC announced today that its operating subsidiary, Oryx Delaware Oil Transport LLC has launched a binding open season to secure volume commitments to support the proposed construction and development of new crude oil transportation movements on its regional crude oil transportation system serving the liquids-rich Delaware Basin in Texas and New Mexico. The binding open season commenced on, April 17, 2019 at 8 a.m. CDT and is scheduled to conclude at 5 p.m. CDT on May 31, 2019.
Kinder Morgan Eyes Another Permian Gas Pipeline
Executives at cash-flush Kinder Morgan, which already has two major Permian Basin-Gulf Coast natural gas pipelines totaling 4 Bcfd under construction, are considering a third pipeline in response to ever-growing demand in the region.
New Concho-Frontier JV to Construct Midland Basin Gathering System
Concho Resources and Frontier Midstream Solutions IV have agreed to form a 50-50 joint venture, Beta Crude Connector, LLC (BCC), to build and provide crude oil gathering, transportation and storage services in the Northern Midland Basin.
Medallion Starts Open Season for Expanded Joint Tariff Service
Medallion Delaware Express and Medallion Pipeline Company announced an open season to solicit binding, long-term commitments to support an expansion of the Delaware Express and Medallion pipeline systems for an expanded joint tariff service.
Tellurian Announces Binding Open Season for the Permian Global Access Pipeline
Tellurian announced today that its subsidiary Permian Global Access Pipeline is conducting a binding open season to secure prospective shippers for its proposed PGAP project.
Hastings Announces Sale of Cactus Fuel
Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy and industrial services businesses, is pleased to announce the sale of assets of Cactus Fuel, LLC to Pilot Thomas Logistics, LLC.
New Pipelines Drain West Texas Crude Stocks to 4-Month Low
Crude inventories in West Texas dropped in February to the lowest in four months after a converted pipeline began transporting crude from the nation’s biggest shale oil field to the U.S. Gulf Coast, according to data from Genscape.
EagleClaw Midstream to Proceed with Delaware Link Pipeline
EagleClaw Midstream said Wednesday it has made a final investment decision to proceed with construction of the Delaware Link pipeline, a new pipeline designed to transport residue natural gas from the Delaware Basin in West Texas to the Waha hub.
Noble Midstream Secures Investment for EPIC Crude Pipeline
Noble Midstream announced it has secured a $200 million equity commitment (“Preferred Equity”) from Global Infrastructure Partners Capital Solutions Fund (“GIP”) to fund capital contributions to Dos Rios Crude Intermediate LLC, a newly-formed subsidiary holding Noble Midstream’s 30% equity interest in the EPIC Crude Pipeline.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
