Pipelines Archives - Page 36 of 44

Permian’s Pipeline Constraints Produced $1.4 Billion in Deferred Completions, but Midstream Construction is on a Tear: Westwood

August 29, 2018

Firm sees $6.7 billion CapEx going into Permian pipeline construction in 2018-2019 Research firm Westwood Global has quantified the result of takeaway constraints in the Permian Basin. Westwood calculates 345 completions are likely to be deferred by the end of 2019 due to pipeline takeaway capacity constraints, according to the firm’s latest US Drilling & Completion report. “Pipeline capacity is

Magellan Midstream’s West Texas Refined Petroleum Products Pipeline System Continues Expansion

July 30, 2018

Magellan Midstream Partners, L.P. (NYSE: MMP) announced an additional expansion of the western leg of its refined petroleum products pipeline system in Texas. Magellan had previously announced its plans to expand the capacity of this line segment to approximately 150,000 barrels per day (bpd) from its current capacity of 100,000 bpd. Based on additional committed volume received as part of

ONEOK, EPIC Midstream to Bolster Permian Takeaway

June 28, 2018

ONEOK’s Contribution ONEOK (NYSE: OKE) has announced plans to expand its natural gas pipeline infrastructure in the Permian Basin and Oklahoma by 1.7 Bcf/d. The project will include: 150 MMcf/d of ONEOK’s WesTex Transmission system from the Permian to interstate pipeline points in the Texas panhandle and a possible expansion of up to 450 MMcf/d, dependent upon a follow up

Russia's May oil output hits 11-month low on dirty oil crisis - Oil & Gas 360

Small U.S. Oil Producers Face Output Squeeze as Pipelines Fill

June 21, 2018

From Reuters As pipelines out of the largest U.S. oil field reach capacity in the coming months, further depressing West Texas crude prices, smaller producers will have to slow or shut-in production, according to oil executives. Soaring production in U.S. shale fields has driven output to a record 10.47 million barrels per day (bpd) this year and any cutbacks would

Present Day Middle Eastern Game of Thrones – Part Two

June 20, 2018

[EDITOR’S NOTE: this is the final installment of the OAG360 story in which Helen El Mallakh, director of the International Research Center for Energy and Economic Development (ICEED), discusses the changing political scene and the shifting geopolitical sands that are challenging the balance of oil producers in the Middle East. El Mallakh was keynote speaker at the Energy Finance Discussion

Contract Let for Gas Pipeline Serving Proposed LNG Canada Export Project

June 19, 2018

Macro Enterprises Inc. (TSXV:MCR) (the “Company” or “Macro”) is pleased to announce that its Joint Venture with Spiecapag Canada Corp. (“Spiecapag”) has successfully negotiated and executed a construction contract with Coastal GasLink Pipeline Limited Partnership for pipeline construction services on the Coastal GasLink Pipeline Project (the “Project”). The Macro Spiecapag Joint Venture has been selected to construct approximately 166 kilometers

U.S. House Examines Exporting NatGas from Piceance Basin to Pacific Northwest

June 8, 2018

Jordan Cove – Pacific Connector would take Mancos shale gas to Oregon for export to Asia Rep. Tipton asks administration for speedy consideration of pipeline application From Daily Energy Insider The House Natural Resources Committee held a hearing last week to examine the possibility of exporting natural gas from the Piceance Basin in Colorado through the proposed Jordan Cove Energy

Magellan Midstream Looks to Expand West Texas Pipeline System

June 4, 2018

From PR News Wire Magellan Midstream Partners, L.P. (NYSE: MMP) announced today a new open season to solicit additional commitments from shippers to potentially further expand the western leg of its refined petroleum products pipeline system in Texas. Binding commitments are due from interested customers by 5:00 p.m. Central Time on July 11, 2018. Magellan previously announced it is expanding

Energy Transfer’s Rover Pipeline Receives FERC Approval

June 1, 2018

From Energy Transfer Energy Transfer Partners, L.P. (NYSE: ETP) announced today that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to commence service of the Supply Connector B and full Mainline B pipeline segments. This latest approval allows for 100 percent of Rover’s mainline capacity, 3.25 billion cubic feet per day of natural gas, to be placed into service. Starting June 1,

No Quick Fix for the Expensive Bottleneck in the Permian Basin

June 1, 2018

From Dallas News Success is catching up with the Permian Basin, the prolific U.S. oilfield that’s out-producing many Middle Eastern nations. With oil prices climbing, the basin has become an expensive bottleneck as drillers try to pump more crude and natural gas than what pipelines can send to refineries, storage tanks and ports. Billions of dollars worth of new and

How the U.S. Will Handle the OPEC-Russia Spigot

May 30, 2018

Except for a small drop in the amount of oil produced in 2016, with return to the upswing in 2017, American production has been on a steady increase ever since 2008. Even during the 2014-2016 price crash, U.S. E&Ps hunkered down, strengthened their balance sheets, made technological leaps and kept on producing oil and gas—without depending on the reappearance of

A Minimum of 5.7 Billion Barrels Await Drillers at ANWR

May 30, 2018

The Arctic National Wildlife Refuge (ANWR) is located on the northern coast of Alaska, due east of both Prudhoe Bay and the National Petroleum Reserve-Alaska (NPRA). The coastal plain (the 1002 Area) covers 1.5 million acres and is about 8% of the total area of ANWR. In its latest (1998) resource assessment, the United States Geological Survey (USGS) estimated that

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