Post Tagged with: "pipeline"

Tellurian Keeps Sailing

Tellurian Keeps Sailing

Tellurian Inc. (ticker: TELL) wrapped up its first year as a public company, ending 2017 with $128.3 million of cash and cash equivalents. The company remains debt free, but reported a net loss of $231.5 million, or $(1.23) per share …

Bakken: Goodnight Midstream Expands Ops in North Dakota

Bakken: Goodnight Midstream Expands Ops in North Dakota

Goodnight Midstream, LLC will be adding five new saltwater disposal wells and 50 miles of produced water gathering pipeline to its network of produced water gathering and disposal facilities in North Dakota.

Over the last year, Goodnight drilled and completed …

March 6, 2018 - 4:16 pm Closing Bell Story‎, Midstream
Cactus II Pipeline Primed with Contracts

Cactus II Pipeline Primed with Contracts

Plains All American Pipeline, L.P. (ticker: PAA) has completed the open season for its Cactus II pipeline, securing long-term third-party shipper contracts totaling 525 MBOPD. The pipeline has an initial capacity of 585 MBOPD and stretches from the Permian Basin …

Goodnight Midstream's Llano Produced Water Pipeline System

Goodnight Midstream Produced Water Pipeline Enters Open Season

Goodnight Midstream Permian, LLC is conducting a binding open season to provide an opportunity for producers to enter into long-term contractual commitments for Goodnight’s Llano Produced Water Pipeline System.

The pipeline will be constructed in Lea County, New Mexico. The …

February 8, 2018 - 5:09 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Iron Horse Pipeline - Open Season, Feb. 2018

Silver Creek Partners, Tallgrass Energy Pipeline Will Transport Crude from PRB

Silver Creek Midstream, LLC and Tall Grass Energy Partners, LP (ticker: TEP) have signed an agreement to develop the Iron Horse Pipeline, a joint venture pipeline to transport crude oil from the Powder River Basin (PRB) to Guernsey, Wyoming.

Iron …

February 8, 2018 - 3:23 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Summit Midstream Double E Natural Gas Pipeline

Summit Midstream Holds Open Season for Double E NatGas Pipeline

Summit Midstream Partners, LP (ticker: SMLP) will be holding a non-binding open season for its Double E Pipeline. The target in-service date for the project is the first quarter of 2021.

The project will consist of approximately 120 miles of …

January 29, 2018 - 5:01 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Billion-Dollar PennEast Pipeline Approved by FERC

Billion-Dollar PennEast Pipeline Approved by FERC

Severe temperatures and extreme prices push FERC toward pipeline approval; will bring Marcellus gas to Pa., NJ customers

According to PennEast Pipeline Company LLC, the Federal Energy Regulatory Commission (FERC) recognized the need for and the public benefit of the …

Source: Enbridge

Keystone XL Pipeline on Track to Begin Primary Construction in 2019

Open season for Keystone’s additional capacity from Canadian oil producers to U.S. refineries secures 500,000 BOPD 20-year commitments

The Keystone XL open season has concluded with 500,000 BOPD 20-year commitments secured. This allows the proposed project to proceed.

TransCanada Corporation …

Source: Nord Stream AG

Nord Stream Gas Pipeline Sends 51 Bcm to EU

The Nord Stream Pipeline delivered 51 billion cubic meters (Bcm) of natural gas to consumers in the European Union in 2017.

This means that the pipeline system operated at 93% of its annual design capacity of 55 Bcm. This is …

NuStar Energy Permian System Expansion

NuStar Energy Expanding Permian Takeaway by 70,000 BPD

NuStar Energy L.P. (ticker: NS) has started its binding open season involving a second capacity expansion of its Permian crude system. The Permian Crude System Expansion No. Two will expand upon the system’s current capacity. Certain destinations along the company’s …

January 10, 2018 - 3:29 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
ONEOK - Proposed Elk Creek Pipeline

ONEOK Plans $1.4 Billion Williston NGL Pipeline

The existing Bakken NGL and Overland Pass Pipelines are operating at full capacity. Additional NGL takeaway capacity is critical to meeting the needs of producers who are increasing production – Spencer

ONEOK, Inc. (ticker: OKE) plans to invest $1.4 billion …

January 4, 2018 - 5:46 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
$1.7 Billion Gulf Coast Express Pipeline Gets FID, Apache Makes Agreement for Incremental Takeaway

$1.7 Billion Gulf Coast Express Pipeline Gets FID, Apache Makes Agreement for Incremental Takeaway

Earlier today Kinder Morgan Texas Pipeline LLC (KMTP), DCP Midstream, LP (Ticker: DCP) and an affiliate of Targa Resources Corporation (Ticker: TRGP) announced a final investment decision (FID) to proceed with the Gulf Coast Express Pipeline Project (GCX Project).

The …

Tellurian Will Add 3 Louisiana Pipelines, Nets $95 Million from Stock Offering

Tellurian Will Add 3 Louisiana Pipelines, Nets $95 Million from Stock Offering

Goal is to debottleneck the existing pipeline infrastructure in Southwest Louisiana: TELL

Tellurian Inc. (ticker: TELL) expects to develop and expand its pipeline network by adding two pipelines to the previously announced Driftwood Pipeline (DWPL).

The two additional pipelines will …

December 19, 2017 - 2:23 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Canada Oil Producers Exhaust Options as Pipelines, Railcars Fill Up with Oil

Canada Oil Producers Exhaust Options as Pipelines, Railcars Fill Up with Oil

Our phone is ringing off the hook: Altex rail terminals CEO

From Reuters

CALGARY, Alberta/NEW YORK (Reuters) – Canadian oil producers are running out of options to get crude to market as pipeline and rail capacity fills up, driving prices …

December 19, 2017 - 8:02 am Canada, Closing Bell Story‎, Energy News
Enterprise Products Plans to Convert NGL Pipeline to Crude Oil

Enterprise Products Plans to Convert NGL Pipeline to Crude Oil

Enterprise Products Partners L.P. (ticker: EPD) plans to convert one of its NGL pipelines to carry crude oil from the Permian Basin to Enterprise’s crude oil hub in the Houston area. The conversion is expected to be completed in the …

Keystone to Resume Crude Oil Deliveries Tomorrow

Keystone to Resume Crude Oil Deliveries Tomorrow

TransCanada Corporation (ticker: TRP) said its Keystone Pipeline repair and restart plans have been reviewed by the Pipeline and Hazardous Materials Safety Administration (PHMSA) with no objections, permitting a safe and controlled return to service of the Keystone system beginning …

November 27, 2017 - 5:36 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
NGL ‘Superhighway’:  650-Mile EPIC Natural Gas Liquids Pipeline Breaks Ground

NGL ‘Superhighway’: 650-Mile EPIC Natural Gas Liquids Pipeline Breaks Ground

EPIC’s Y Grade pipeline will link NGLs from Permian and Eagle Ford to Corpus Christi

Construction began Tuesday on the first phase of the EPIC NGL Pipeline project. The 650-mile EPIC NGL Pipeline runs from Southeast New Mexico to Corpus …

Source: U.S. Energy Information Administration and IHS Market

FERC Gets Back to Work Reviewing Pipeline Applications, and There Are Plenty of Them

Several key new projects approved in Northeast Utica and Marcellus; 50 more in process

Without pipelines to take Marcellus and Utica natural gas and liquids production to the markets that need the gas, the shale boom stagnates—it’s been a problem …

More NGLs in the Delaware: Martin Midstream and ONEOK Plan $200 Million Expansion

More NGLs in the Delaware: Martin Midstream and ONEOK Plan $200 Million Expansion

On October 23, 2017 Martin Midstream Partners (ticker: MMLP) and ONEOK (ticker: OKE) announced that the West Texas LPG Pipeline Limited Partnership joint venture (which MMLP owns 20% interest and OKE owns 80%) plans to invest approximately $200 million to …

New 650-Mile NGL Pipeline from Permian Basin to Corpus Christi: EPIC Pipeline Secures Capacity Agreement with BP Energy, Locks Capital Commitment

New 650-Mile NGL Pipeline from Permian Basin to Corpus Christi: EPIC Pipeline Secures Capacity Agreement with BP Energy, Locks Capital Commitment

220,000 BPD pipe: targeting early 2018 for initial phase in-service date

EPIC Y Grade Pipeline, LP, a subsidiary of EPIC Y Grade Services, LP and EPIC Midstream Holdings, LP, has signed a definitive agreement with BP Energy Company to anchor …

September 29, 2017 - 12:31 pm Closing Bell Story‎, Midstream, MLP News, Oil and Gas 360 Articles
Source: Goodnight Midstream

Goodnight Midstream Announces Multi-Year Contract with Callon Petroleum Company

Goodnight Midstream announced a multi-year partnership to provide pipeline disposal service for Callon Petroleum Company (Ticker: CPE) in the southern Delaware Basin.

Goodnight Midstream will build, own and operate a produced water pipeline connecting Callon’s Spur acreage in Ward …

September 13, 2017 - 5:56 pm Closing Bell Story‎, Midstream, Oil and Gas 360 Articles
Magellan Midstream’s New Permian Pipeline

Magellan Midstream’s New Permian Pipeline

Magellan Midstream Partners, L.P. (ticker: MMP) announced this week that it will build a 60-mile, 24-inch pipeline that connects Wink and Crane, TX. The pipeline’s price tag will be approximately $150,000,000.  The pipeline should be operational midway through 2019, the …

Energy Transfer Partners Sells $1.5 Billion Stake in Rover Pipeline Project to Blackstone

Energy Transfer Partners Sells $1.5 Billion Stake in Rover Pipeline Project to Blackstone

Two subsidiaries of Energy Transfer Partners (ticker: ETP), Energy Transfer Interstate Holdings, LLC and ET Rover Pipeline LLC, announced July 31 that they would be selling a 49.9% interest in HoldCo, which owns a 65% interest in the Rover Pipeline—amounting …

TransCanada to Be Reimbursed Following Pacific NorthWest LNG Dump

TransCanada to Be Reimbursed Following Pacific NorthWest LNG Dump

TransCanada Corporation (ticker: TRP) will be reimbursed for all of the costs and charges it incurred to develop the Prince Rupert Gas Transmission (PRGT) project, following the announcement from Pacific NorthWest LNG that it was cancelling its approximately $11 billion …

Mexico’s First Pipeline Open Season

Mexico’s First Pipeline Open Season

Mexico’s National Center for Natural Gas Control (CENAGAS) conducted its first open season for capacity rights to its natural gas pipeline grid. The auction took place in May, 2017. In “Round 0”, which took place in October, 2016, CENAGAS allocated …

Retirements of Coal, Oil Power Plants Beget Demand for Gas – Especially in Florida

Retirements of Coal, Oil Power Plants Beget Demand for Gas – Especially in Florida

Gas pipelines critical to get gas to Florida – state added 3.4 GW of gas-fired power since 2016, another 3.9 GW coming in next 6 years

The retirement of older coal and oil-fired power plants in the state has instigated …

Sanchez Midstream Partners Selling Non-Core Assets

Sanchez Midstream Partners Selling Non-Core Assets

Sanchez Midstream Partners, LP. (ticker: SNMP), previously Sanchez Production Partners—a midstream subsidiary of Sanchez Energy Corporation (ticker: SN)—recently announced the sale of non-core production assets.

Sanchez will be selling its Texas production assets to a private buyer for approximately $6.3 …

CorEnergy Has a Grasp on Stable Energy Infrastructure in GOM, Mid-Continent, NW

CorEnergy Has a Grasp on Stable Energy Infrastructure in GOM, Mid-Continent, NW

CorEnergy Infrastructure Trust, Inc. (ticker: CORR) holds the unique position of being the first publicly listed Real Estate Investment Trust that has a focus specifically in energy infrastructure. The company owns midstream and downstream assets, including pipelines, storage terminals, and …

Cushing Storage Operator Blueknight Energy Partners Presenting at EnerCom Conference

Cushing Storage Operator Blueknight Energy Partners Presenting at EnerCom Conference

Blueknight Energy Partners (ticker: BKEP) portfolio encompasses crude oil transportation pipelines, gathering systems, crude transport trucks, asphalt cement and residual fuel oil storage. Its assets and infrastructure span the United States.

Blueknight Owns 6.6 MMBO crude storage at Cushing, 9.6

Two New Bills to Expedite Pipeline Approval Process Begin Markup

Two New Bills to Expedite Pipeline Approval Process Begin Markup

In an attempt to modernize the United States’ energy infrastructure, the Subcommittee on Energy and Power, within the United States House Committee on Energy and Commerce, began considering a group of bills on June 20th, 2017, which are …