Permian

Phillips 66 Sets $1.6 Billion Midstream Budget for 2019

Phillips 66 announced that it has set a $2.3 billion capital budget for 2019 and will direct the bulk of that spending to midstream growth projects.

Kenyan Pipeline, Insurance Fund Officials Charged Over Graft

A Kenyan court has charged senior officials from the state-run oil pipeline and others from the state health insurance fund for abuse of office and economic crimes that led to the loss of billions of shillings from the two institutions.

Jupiter Announces Open Season for Permian-Gulf Coast Crude Pipeline

Jupiter Energy Group announced it has commenced a 90-day open season for binding shipper commitments on a potential 1 Mmb/d crude oil pipeline from West Texas to the Port of Brownsville.

Permian Pipeline Constraints Push Waha gas to 25 Cents

Next-day natural gas prices for Tuesday at the Waha hub in the Permian basin in Texas tumbled almost 80 percent to their lowest on record because of limits on the amount of gas that can move out of the region by pipeline.

Williams, Brazos Midstream Agree to Joint Venture in Delaware Basin

Williams and Brazos Midstream agreed to a partnership in the Delaware Basin, under which Williams will contribute its Delaware Basin assets in exchange for a 15% minority position in the venture.

Permian Basin — Where Midstream Infrastructure Needs Take on Outsized Importance

An updated examination of the Permian midstream reveals extraordinary growth projections for the one-of-a-kind petroleum basin with robust buildout continuing for years to come,

Enterprise Starts Orla 2, Begins Construction of 7th Delaware Plant

Enterprise Products Partners L.P. announced it has started construction of the Mentone cryogenic natural gas processing plant in Loving County, Texas, and commenced commercial operation of the second train at its Orla processing facility in Reeves County.

West Texas Pipeline to Resume on Schedule after Spill

Energy Transfer Partners said a West Texas pipeline will resume operations on Saturday as planned after it spilled water with nontoxic green dye and residual crude oil near Abilene.

Crude Oil Service to Begin on Epic NGL Pipeline in 2019

Epic Midstream Holdings obtained all required approvals for its subsidiary Epic Crude Oil Pipeline, through a lease arrangement, to begin crude oil service on a portion of the Epic NGL Pipeline, once construction is completed in the third quarter of 2019.

Salt Creek, Noble Midstream to Partner on Delaware Basin Project

Salt Creek Midstream and Noble Midstream Partners have agreed to form a joint venture to build a new 200,000 bbl/d crude oil pipeline and gathering system in the Delaware Basin in West Texas.

Canadian Pension Fund Takes 50% Stake in BridgeTex Pipeline

Plains All American and Magellan Midstream have become minority owners of BridgeTex Pipeline after completing the sale of a 50% stake to OMERS, the defined benefit pension plan for municipal employees in Ontario, Canada, and its infrastructure investment manager.

Permian Gas Prices Fall as Production Continues to Grow

As Permian Basin oil production grows, producers must find outlets for the associated natural gas. Once pipeline capacity is fully used, choices are limited. The widening price differential between Waha and Henry Hub indicates pipeline capacity is already somewhat constrained.

Siemens Passes 100th Reciprocating Compressor Order from Permian Customer

With this latest order for 11 HOS compressors, the Permian Basin customer has ordered a total of 106 high-speed reciprocating compressors from Dresser-Rand business Siemens since 2012.

Permian, We Have a Gas Problem

Permian gas prices will remain weak for the next few years despite nearly 2 Bcf/d of additional pipeline capacity coming online by 2020. This is because the Permian, predominantly a shale oil play, has large quantities of associated gas production.

ONEOK Plans Second Expansion of West Texas LPG Pipeline System

Tulsa, Okla.-based ONEOK will invest $295 million to expand its West Texas LPG pipeline system, which provides natural gas liquids takeaway capacity for Permian Basin producers.

Apache, Kayne Anderson Form $3.5 Billion Permian Basin Pipeline Firm

U.S. oil producer Apache Corp is putting its West Texas pipeline assets into a joint venture with investment firm Kayne Anderson that will operate in the largest U.S. shale field, the companies announced on Wednesday.

EagleClaw Midstream to Buy Rival Caprock for $950 Million

EagleClaw Midstream Ventures said on Wednesday it will buy rival Caprock Midstream Holdings for about $950 million, strengthening its presence in the oil-rich Permian Basin.

ETP, Magellan, Delek to Construct Permian-to-Gulf Coast Pipeline

Energy Transfer Partners (ETP), Magellan Midstream Partners and Delek US Holdings, received sufficient commitments to proceed with plans to construct a 30-inch common carrier pipeline to transport crude oil from the Permian Basin to the Texas Gulf Coast region.

Oilfield Water Logistics Completes Delaware Basin Project

Oilfield Water Logistics (OWL) said it has completed is Hat Connection pipeline project and broken ground on an 11-mile extension of its Red Hills Water Gathering System pipeline into Loving County, Texas.

Supplemental Open Season Launched for Medallion Expansion

Medallion Pipeline Company said it successfully closed a binding open season for a major expansion of its Permian crude oil pipeline and launched a supplemental open season for additional capacity in response to "compelling interest" by potential shippers.

ExxonMobil joins EagleClaw, Kinder Morgan on Permian Pipeline

Kinder Morgan Texas Pipeline, EagleClaw Midstream Ventures, and Apache announced ExxonMobil signed a letter of intent to support the proposed Permian Highway Pipeline Project. The project is expected to be in late service in 2020.

Apache, Kayne Anderson Form $3.5 Billion Permian Basin Pipeline Firm

U.S. oil producer Apache Corp is putting its West Texas pipeline assets into a joint venture with investment firm Kayne Anderson that will operate in the largest U.S. shale field, the companies announced.

Lotus Midstream to Acquire Centurion Pipeline

Crude oil logistics provider Lotus Midstream entered into a definitive agreement to acquire the Centurion pipeline system and a Southeast New Mexico crude oil gathering system from Occidental Petroleum. The transaction is expected to close later in the third quarter of 2018, subject to customary closing conditions.

Plains to Bring Two Permian Pipeline Projects Online Early

Plains All American Pipeline LP said two West Texas crude oil projects would begin partial operations slightly ahead of their original schedules as bottlenecks in the region depress prices to the weakest level in four years.

Targa Signs Letter to Build Whistler Pipeline Project

Targa Resources said it signed a letter of intent several partners to build the Whistler Pipeline Project, which will provide an outlet for increased natural gas production from the Permian Basin to markets along the Texas Gulf Coast.

Plains' Cactus II Denied Tariff Exemption

A request by Plains All American to exclude its Cactus II Permian-to-Gulf Coast crude oil pipeline from the tariff on imported steel was rejected by the Commerce Department on grounds that suitable product is available from domestic producers.  Houston-based Plains said it will proceed with the pro..

Oryx Midstream Begins Open Season on Delaware Basin System

Midland, Texas-based Oryx Midstream Services II launched a binding open season to secure volume commitments or acreage dedications to support the regional crude oil gathering and trunk line transportation systems, which will serve the liquids-rich Delaware Basin in Texas and New Mexico.

Joint Development Planned for Permian Highway Pipeline

Kinder Morgan Texas Pipeline, EagleClaw Midstream and Apache signed a letter of intent to develop the Permian Highway Pipeline (PHP) project, which will provide an outlet for natural gas from the Permian Basin to the Texas Gulf Coast.

Enterprise Products

Enterprise Products Partners announced its 416-mile Midland-to-Sealy pipeline went into full service.

Small Oil Producers Face Output Squeeze as Permian Pipelines Fill

As pipelines out of the Permian Basin reach capacity in the coming months, smaller producers are expected to slow or shut-in production.

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