Permian

Apache Corp Halting Permian Gas Production Due to Lack of Pipelines

Oil and gas producer Apache Corp said on Tuesday it temporarily halted production at its Alpine High assets in the Permian basin late March, curtailing output of about 250 million cubic feet of natural gas per day because of extremely low prices.

New Cogent Pipeline to Connect Processing Complex to GCX

Cogent Midstream said it plans to build a new 400 MMcf/d pipeline to deliver residue gas from its Big Lake Natural Gas Processing complex in the Midland Basin to the Gulf Coast Express Pipeline (GCX).

Oryx Midstream Launches Binding Open Season for New Movements on Texas Pipelines

Oryx Midstream Services II, LLC announced today that its operating subsidiary, Oryx Delaware Oil Transport LLC has launched a binding open season to secure volume commitments to support the proposed construction and development of new crude oil transportation movements on its regional crude oil transportation system serving the liquids-rich Delaware Basin in Texas and New Mexico. The binding open season commenced on, April 17, 2019 at 8 a.m. CDT and is scheduled to conclude at 5 p.m. CDT on May 31, 2019.

Kinder Morgan Eyes Another Permian Gas Pipeline

Executives at cash-flush Kinder Morgan, which already has two major Permian Basin-Gulf Coast natural gas pipelines totaling 4 Bcfd under construction, are considering a third pipeline in response to ever-growing demand in the region.

New Concho-Frontier JV to Construct Midland Basin Gathering System

Concho Resources and Frontier Midstream Solutions IV have agreed to form a 50-50 joint venture, Beta Crude Connector, LLC (BCC), to build and provide crude oil gathering, transportation and storage services in the Northern Midland Basin.

Medallion Starts Open Season for Expanded Joint Tariff Service

Medallion Delaware Express and Medallion Pipeline Company announced an open season to solicit binding, long-term commitments to support an expansion of the Delaware Express and Medallion pipeline systems for an expanded joint tariff service.

Tellurian Announces Binding Open Season for the Permian Global Access Pipeline

Tellurian announced today that its subsidiary Permian Global Access Pipeline is conducting a binding open season to secure prospective shippers for its proposed PGAP project.

Hastings Announces Sale of Cactus Fuel

Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy and industrial services businesses, is pleased to announce the sale of assets of Cactus Fuel, LLC to Pilot Thomas Logistics, LLC.

New Pipelines Drain West Texas Crude Stocks to 4-Month Low

Crude inventories in West Texas dropped in February to the lowest in four months after a converted pipeline began transporting crude from the nation’s biggest shale oil field to the U.S. Gulf Coast, according to data from Genscape.

EagleClaw Midstream to Proceed with Delaware Link Pipeline

EagleClaw Midstream said Wednesday it has made a final investment decision to proceed with construction of the Delaware Link pipeline, a new pipeline designed to transport residue natural gas from the Delaware Basin in West Texas to the Waha hub.

Noble Midstream Secures Investment for EPIC Crude Pipeline

Noble Midstream announced it has secured a $200 million equity commitment (“Preferred Equity”) from Global Infrastructure Partners Capital Solutions Fund (“GIP”) to fund capital contributions to Dos Rios Crude Intermediate LLC, a newly-formed subsidiary holding Noble Midstream’s 30% equity interest in the EPIC Crude Pipeline.

U.S. Shale Boom Drawing Big Oil Back to Permian Pushing Out Independents

Major oil companies are pouring money and resources back into the Permian after new shale discoveries and improvements in technology will enable the U.S. to quickly become the world's second largest oil producer behind only Saudi Arabia.

U.S. Energy Information Administration Forecast Continued Growth of Natural Gas Production and Export

The 2019 Annual Energy Outlook (AEO2019) Reference case produced by the U.S. Energy Information Association (EIA) shows continued growth of natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica formations, resulting in increases of natural gas being transported to the Eastern Midwest and, ultimately, into the South Central region, which includes the Gulf Coast and Texas.

Cheniere Announces Substantial Completion of Train 5 at the Sabine Pass Liquefaction Project

Cheniere Energy Partners, L.P. (Cheniere) announced today that Substantial Completion of Train 5 of the Sabine Pass Liquefaction (SPL) Project in Cameron Parish, Louisiana was achieved on March 7, 2019. Commissioning has been completed and Cheniere's EPC partner Bechtel has turned over care, custody, and control of Train 5 to Cheniere.

NextDecade Leases Brownsville Site for $15 Billion Rio Grande LNG Project

NextDecade Corporation (NextDecade) announced today that Rio Grande LNG, LLC, a NextDecade subsidiary, has entered into a lease agreement with the Brownsville Navigation District (BND).

ExxonMobil Ups Permian Output Target to 1 Million Barrels per Day by 2024

ExxonMobil said Tuesday it has revised its Permian Basin growth plans to produce more than 1 million BOE/d by as early as 2024 – an increase that is driving significant pipeline and infrastructure development.

Global News

TAP Gas Pipeline Completes $4.5 Billion Project Financing The Trans-Adriatic Pipeline (TAP) completed its $4.5 billion (3.9 billion euros) project financing, paving the way for construction to be completed for start-up in 2020, its managing director said in January. ..

Phillips 66, Kinder Morgan Announce Gray Oak Open Season

Phillips 66 Partners and Kinder Morgan announced the start of a joint open season by Gray Oak Pipeline, LLC and Kinder Morgan Crude & Condensate LLC (KMCC) to provide shippers with long-term crude oil transportation from origin points in the Permian Basin to KMCC delivery points at or near the Houst..

Noble, Apache, Diamondback Affiliates Buy Stakes in EPIC Pipelines

EPIC Midstream announced Monday that Noble Midstream Partners exercised its option for a 30% equity stake in the EPIC Crude Pipeline Project and a 15% equity stake in the EPIC NGL Pipeline. Also Monday, EPIC also said an Altus Midstream subsidiary and Diamondback Energy's Rattler Midstream subsidiary exercised options for 15% and 10%, respectively, in the EPIC Crude Pipeline Project.

Exxon, Plains, Lotus Order Pipe for Wink-to-Webster Project

ExxonMobil, Plains All American Pipeline,and Lotus Midstream formed the Wink-to-Webster Pipeline LLC Joint Venture and have ordered nearly 650 miles of domestically sourced 36-inch line pipe. The new common-carrier pipeline system will provide more than 1 MMbpd of crude oil and condensate capacity and will be constructed from the Permian Basin in West Texas to the Texas Gulf Coast.

2019 Global Pipeline Construction Outlook

The upstream sector started the new year on a cautious note following a sharp decline in oil and gas prices, but the midstream sector roared into 2019 on a wave of pipeline construction activity. The latest Pipeline & Gas Journal survey indicates 145,353 miles of pipelines were planned or under construction worldwide at the start of the year.

WhiteWater Holds Open Season for NM-Texas Pipeline

WhiteWater Midstream commenced a binding open season for a 500,000 MMBtu/d pipeline from multiple points in Eddy County, N.M., to delivery points in northern Culberson County, Texas.

Projects

Valley Crossing Pipeline to Mexico Gains FERC Extension The Federal Energy Regulatory Commission (FERC) awarded Enbridge subsidiary Valley Crossing Pipeline six additional months to connect its natural gas pipeline to its counterpart in Mexico, moving the deadline to April 23. The 168-mile pipelin..

Global News

Natural Gas Utilities Testing Demand Response Programs Demand Response (DR) programs have become a fairly common method of reducing electricity demand during summer peak periods, and now the approach is being tried by natural gas utilities – most recently due to concerns about limited pipeline capa..

Carlyle Group to Head US Gulf Coast Crude Export Terminal Project

Lone Star Ports will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, as new crude pipelines that will ferry an additional 2 MMbpd to the South Texas port are expected to begin operations in late 2019.

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.

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