The question of how to improve oil, gas and liquids markets each have the same answer: move production to the U.S. Gulf Coast. Even before the current price downturn, producers were attempting to move volumes south in order to improve optionality, reduce bottlenecks and gain greater netbacks.
The transaction includes the Sweeny Fractionator One NGL fractionator in the Phillips 66 Sweeny Refinery complex, the Clemens Caverns storage facility and the Standish Pipeline.
The new natural gas processing plant will help support robust activity in the Delaware Basin by helping create a home for gas and liquids.
Toyah I gas processing facility takes advantage of basin’s core area, trend of sales to Mexico.
EVX is currently evaluating multiple expansion opportunities for the water system, and for potential crude oil and natural gas projects, to provide midstream solutions and cost savings to area producers.
Enterprise also constructed about 90 miles of high-pressure gathering lines to supply the South Eddy plant, and also completed a 71-mile extension of its Mid-America Pipeline system.
The Denver company acquired a 66.7% interest in the Okeanos pipeline, a 100-mile gas gathering system in the GoM, from an affiliate of its general partner for an undisclosed amount.
FirstEnergy Capital analyst Mike Dunn said the fixed price agreement had been made before Liwan went ahead and was key to Husky's final decision to invest in the project, Reuters reported.
Southern Kentucky Energy said April 25 it has completed the purchase of natural gas operations, including producing wells and midstream assets, through two separate transactions.
The oil and gas industry’s rapid Permian Basin expansion could push the power transmission and distribution capacity of the region’s electric system to its limits by 2020, a new GPA Midstream Association technical committee report cautions.
James P. Benson, founding partner of Energy Spectrum Capital sat down with Midstream Business to discuss financing in the midstream space during an important time of transition.
Pembina expects to be one of the largest third-party gas processors serving the Western Canadian Sedimentary Basin, the release said.