Post Tagged with: "NGL Pipeline"

Landowners in 4 States Sue Pipeline Company for Crop Yield Losses

Landowners in 4 States Sue Pipeline Company for Crop Yield Losses

Landowners Allege Alliance Pipeline Must Compensate for Crop Yield Losses

Enterprise Mulls Advancing Permian NGL Pipeline Conversion to Crude

Enterprise Mulls Advancing Permian NGL Pipeline Conversion to Crude

From Reuters   NEW YORK (Reuters) – Enterprise Products Partners LP said on Wednesday it could convert one of its natural gas liquids (NGL) pipelines to crude oil out of the Permian basin as early as the second quarter of 2019, ahead of an earlier timeline of 2020. The startup of the Shin Oak pipeline, expected in the second quarter of 2019, would provide Enterprise the option to divert NGL volumes from one of its existing NGL pipelines onto Shin Oak and repurpose the vacated NGL pipeline to crude oil service. “We’re not through building takeaway out of the Permian, and we are putting ourselves in a position to be able to convert a pipeline, but the earliest that would be is when Shin Oak comes on, and that’s not until the second quarter of next year,” Chief Executive Jim Teague said on the company’s third-quarter earnings call. A production[Read More…]

November 1, 2018 - 1:46 pm Closing Bell Story