Permian
Revisiting the Biggest Midstream Stories of 2024
(P&GJ) – In this final issue of P&GJ for 2024, the staff – with more than a little help from our readers – takes a look back at the sometimes-frenzied year for pipeline construction that was 2024.
LNG Developers in Texas and Louisiana Praise Export Freeze Lift
Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.
Vecino, DRW to Develop South Texas Gas Storage, 40-Mile Pipeline to Agua Dulce
Vecino Energy Partners and DRW Energy Trading have partnered to develop the Piedras Pintas Salt Dome in Duval County, Texas, aiming to bolster natural gas storage capacity and connectivity in South Texas.
Velocity Management Invests in Oklahoma-Based Pipeline Builder M Wright Services
M Wright Services, a pipeline construction company based in Weatherford, Oklahoma, has received a minority investment from Velocity Management Advisors, a partnership of seasoned midstream professionals.
East Texas Gas Storage Facility Begins Operations, Strengthening Texas Energy Grid
Trinity Gas Storage has started operations at its 24 Bcf gas storage facility in Anderson County, East Texas. This marks the first new greenfield gas storage facility in Texas in over a decade and aims to address supply and reliability issues exposed during Winter Storm Uri.
Trump Energy Pick Prioritizes LNG Expansion in U.S. Energy Strategy
Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, told U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including LNG.
FERC Approves Kinder Morgan’s $72 Million Texas-Louisiana Expansion
Known as the Texas-Louisiana Expansion Project, the initiative aims to bolster firm transportation service capacity by 467,000 dekatherms per day to meet surging demand in the Gulf Coast region.
Freeport LNG Gas Flows Decline to One-Month Low in Texas
The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to fall to a one-month low on Monday, according to data from financial firm LSEG.
Howard Energy Acquires 120-Mile Bidirectional Ethylene Pipeline from EPIC Midstream
Howard Energy Partners (HEP) has acquired EPIC Midstream Holdings’ 120-mile ethylene pipeline, strengthening its presence in the Gulf Coast region.
EnCap Flatrock Midstream Nets $800 Million in Plains All American Transactions
EnCap Flatrock Midstream (EFM) has finalized agreements to sell Ironwood Midstream Energy Partners II and its Plains Series A Preferred Units to Plains All American for over $800 million in cash.
Phillips 66 Acquires EPIC NGL for $2.2 Billion, Bolstering Permian-to-Gulf Infrastructure
The EPIC NGL business includes two fractionators near Corpus Christi with a capacity of 170,000 barrels per day (bpd), 350 miles of purity distribution pipelines, and an 885-mile NGL pipeline connecting the Delaware, Midland, and Eagle Ford basins to Gulf Coast facilities.
Delek Logistics Closes $285 Million Gravity Water Acquisition
Delek Logistics Partners LP has completed its $285 million acquisition of Gravity Water Intermediate Holdings LLC, expanding its midstream capabilities in the Permian Basin.
FERC Rejects Effort to Regulate Williams’ Gathering Line
(P&GJ) — The Federal Energy Regulatory Commission (FERC) just gave a big boost to interstate pipelines that are considering new connections between shale fields and customers.
Cheniere Produces First LNG at Corpus Christi Stage 3 Project
Cheniere Energy on Monday said that liquefied natural gas (LNG) was produced for the first time from the first train (Train 1) of its Corpus Christi Stage 3 Liquefaction Project.
Permian CO2 Storage Could Prove Problematic Due to Well Blowouts, Earthquakes
(Reuters) – Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields, putting the state at the vanguard of a government-subsidized program to fight climate change.
Delek Logistics Acquires Gravity Water for $285 Million
This acquisition complements Delek's recent purchase of H2O Midstream and strengthens the company’s crude and produced water gathering and disposal services in the Midland Basin.
Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
Boardwalk Pipelines has approved the 1.16 Bcf/d Kosci Junction Pipeline project, a major investment by its subsidiary Gulf South Pipeline Company LLC. The 110-mile pipeline will expand natural gas capacity to support growing energy needs in Mississippi and the southeastern United States.
Permian Resources Divests Reeves County Gathering Systems for $180 Million
Permian Resources Corp. has agreed to sell its natural gas and oil gathering systems in Reeves County, Texas, to Kinetik Holdings Inc. for $180 million in cash, pending post-closing adjustments.
Macquarie, Dow Launch $2.4 Billion Gulf Coast Pipeline Infrastructure Partnership
Macquarie Asset Management has announced a new partnership with Dow Inc. to form Diamond Infrastructure Solutions, a venture focused on managing and expanding key U.S. Gulf Coast infrastructure assets, including pipelines, storage, and industrial services.
Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
Energy Transfer has announced a final investment decision (FID) to build the Hugh Brinson Pipeline, a $2.7 billion intrastate natural gas pipeline designed to move Permian Basin production to key Texas markets and trading hubs.
ONEOK Completes NGL Fractionation and Pipeline Expansion Projects
ONEOK Inc. announced the completion of two key natural gas liquids (NGL) infrastructure projects: the MB-6 fractionator in Mont Belvieu, Texas, and the looping of the West Texas NGL Pipeline system.
Shell Completes Sale of Houston-Area Pipeline Assets to Edgewater Midstream
Shell Pipeline Company and its subsidiary Triton West have completed the sale of the Sinco pipeline system and Colex terminal to Edgewater Midstream.
Summit Midstream Completes Acquisition of Tall Oak Midstream III
This acquisition significantly boosts Summit’s natural gas portfolio, bringing its balance to about 50% natural gas-focused operations.
U.S. LNG Natural Gas Demand Nears Record Level
U.S. LNG export facilities are driving natural gas demand close to record highs, reaching 14.6 Bcf—just shy of December 2023's peak. Increased output from key plants like Freeport and Cheniere boosts U.S. global energy impact.
Wood to Design DeLa Express Pipeline Linking Texas to Louisiana
Wood has been awarded the front-end engineering design (FEED) for a long-haul, large-diameter, liquids-rich natural gas pipeline project in the United States.
EIA Report Warns of Tighter Global Natural Gas Supply This Winter
The EIA report warns that the global natural gas supply may tighten this winter, with colder temperatures and potential disruptions to pipeline flows and LNG supplies.
Judge Dismisses $1.3 Billion Lawsuit Against Texas LNG Builders Over 2022 Explosion
A U.S. bankruptcy judge has dismissed two lawsuits seeking damages totaling $1.3 billion against Zachry Industrial Inc. and its joint venture partners stemming from an explosion that damaged Freeport LNG’s Freeport, Texas facility in June 2022.
U.S. Oil Firms Unlikely to Go 'Drill, Baby, Drill' Under Trump, Says Exxon Executive
U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on Tuesday.
Henry Hub Natural Gas Sets Single-Day Options Record Amid U.S. Cold Front
Henry Hub Natural Gas options reached a record 561,379 contracts on November 21, surpassing the previous high of 506,500 contracts set on November 14, 2018.
Vivakor Completes Omega Pipeline Expansion in Oklahoma
Vivakor Inc. has finished expanding its Omega Pipeline System in Blaine County, Oklahoma. The project, which added two new gathering lines, was completed ahead of schedule and under budget.
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
