Permian

Plains All American Pipeline Volumes Get Boost from Cactus II

Plains All American Pipeline LP said on Tuesday crude volumes on its Permian basin systems rose during the fourth quarter, thanks in part to higher flows on the Cactus II pipeline, which went into service in August.

Enterprise Products Expects to Complete Part of Wink-to-Webster Crude Pipeline by Year-End

Enterprise Products Partners LP said on Thursday it will own a 29% undivided joint interest in the Wink-to-Webster crude pipeline system and construction on the segment to Webster, Texas, is expected to be completed by the end of 2020.

MPLX Says Reversed Capline Pipeline to Begin Light Crude Service in Mid-2021

MPLX LP said on Wednesday the reversal of the Capline pipeline was progressing as planned, with the line on track to begin light crude service in mid-2021 and heavy crude service in 2022.

U.S. OKs Kinder Morgan Request to Start Texas Lockridge Pipeline Construction

The U.S. Federal Energy Regulatory Commission (FERC) on Wednesday approved Kinder Morgan Inc’s Dec. 13 request to start construction of its proposed Lockridge natural gas pipeline in the Permian basin in West Texas.

Centurion Pipeline Announces Successful Open Season for Augustus Pipeline

Centurion Pipeline has announced the successful completion of its binding open season for the Augustus Pipeline.

U.S. Shale Oil, Natural Gas Output Growth to Hit Slowest in a Year — EIA

U.S. oil and natural gas output in major shale formations is expected to rise by the smallest in about a year in February to record highs, the U.S. Energy Information Administration (EIA) said on Tuesday, as producers pull back on new drilling.

US Development Agency to Finance Mexico Natural Gas Pipeline

In one of the first actions of the new International Development Finance Corporation (DFC), the U.S. government investment organization is pledging more that $600 million to the Rassini natural gas pipeline to be built across southern Mexico.

New Permian Pipelines Boost U.S. Gulf Coast Crude Exports

Three new major pipelines coming out of the Permian Basin have helped crude exports from Corpus Christi, Texas surge in recent weeks, often surpassing hubs such as Houston and Beaumont, Texas.

Fed Survey: Permian Flaring Hits Record; Service Firms Bearish on 2020

The Federal Reserve Bank of Dallas said in its quarterly energy survey that natural gas flaring and venting reached a record high. It also said about half of oil field service firms plan to cut spending in 2020.

Ironwood Midstream II Completes Acquisition of Twin Eagle Systems

Ironwood Midstream Energy Partners II said it has closed on its acquisition of West Texas gathering pipelines from a subsidiary of Twin Eagle Holdings and named a Twin Eagle executive to its management team and board of directors.

Kinder Morgan Expects Slight Profit Increase in 2020

U.S. pipeline operator Kinder Morgan on Thursday said it expects core earnings to increase slightly next year and signaled it would move to cut its debt load and increase its dividend.

New Gas Pipelines Adding Capacity from U.S. South Central, Northeast

The United States is expected to add between 16 billion cubic feet per day (Bcf/d) and 17 Bcf/d of natural gas pipeline capacity in 2019, most of which was built to provide additional takeaway capacity out of supply basins.

Pioneer Natural CEO Calls Out Permian Basin Gas Flaring

The chief executive of Pioneer Natural Resources, Scott Sheffield, called on Permian Basin producers to limit natural gas flaring and to monitor for methane leaks.

Permian Pipeline Expansions Boost Plains' Q3 Volumes

Plains All American reported strong earnings in the third quarter of 2019 as growing demand for pipeline transport drove revenues higher. The results, however, fell short of earnings in last year's third quarter, when Plains benefited from the sale of an interest in BridgeTexas Pipeline.

NGL Energy Partners LP Closes Acquisition of Hillstone

After acquiring Hillstone LLC, NGL Energy now has approximately 380 miles of water disposal pipelines serving the Delaware Basin.

Palisade Pipeline Secures Funding for Permian Water Pipeline

Palisade Pipeline has secured funding to build a water pipeline from Lubbock, TX to the Permian Basin.

Enterprise Midland-to-ECHO Pipeline System Expansions to Add 450,000 bpd Each

Enterprise's CEO reported on the company's earnings call that upcoming expansions on 2 of its pipelines will add 450,000 bpd of capacity to each line.

Gas Futures Rise on Permian Highway Delay

U.S. natural gas futures for the winter of 2020-2021 gained the most of any contracts on Thursday after Kinder Morgan delayed the projected in service date for its $2 billion Permian Highway gas pipe in Texas to early 2021.

Phillips 66 Sets Rates for Gray Oak Crude Pipeline

— Phillips 66 Partners LP set spot rates of $4.75 a barrel to ship crude on its new 900,000-barrel-per-day (bpd) Gray Oak crude pipeline within points in Texas, according to a filing this week.

FERC Approves Sendero Carlsbad Gateway Project

Federal regulators have authorized construction of the Sendero Carlsbad Gateway natural gas project in the Permian Basin, including a 23-mile, 400 Mmcf/d pipeline from its Carlsbad processing plant to White Water Midstream's Agua Blanca pipeline.

Permian Highway Pipeline Clears Key Legal Hurdle

Kinder Morgan’s Permian Highway Pipeline reached major milestone as the City of Kyle, Texas, approved a settlement agreement allowing construction of the pipeline through the city.

Kinder Morgan's Gulf Coast Express Pipeline Placed in Service

Kinder Morgan said its Gulf Coast Express Pipeline will begin full commercial in-service today, helping to relieve natural gas takeaway constraints and reduce flaring in the Permian Basin.

LM Energy Completes First Phase of Touchdown Gathering System

Dallas-based LM Energy Holdings said it has completed Phase I of its Touchdown Crude Oil Gathering System in the Northern Delaware Basin and will begin transporting crude oil in October.

Blue Mountain Launches Open Season for Gathering Systems

Blue Mountain Midstream announced its Wildcat subsidiaries launched an open season for new crude oil and water gathering systems and services in central Oklahoma.

Kinder Morgan Closer to 3rd Permian Pipeline

Kinder Morgan is “moving along” with plans for a third major pipeline project from the Permian Basin – the newly named Permian Pass, which would deliver natural gas from West Texas to the Sabine area of the East Texas-Louisiana Gulf Coast, CEO Steven Kean said.

Plains All American to Remove Steel Tariff Surcharge on Cactus II

Plains All American Pipeline filed with U.S. regulators to remove a proposed surcharge on its Cactus II oil pipeline, tacked on as a result of the Trump administration’s tariff on imported steel.

Tellurian Finds Strong Demand for Permian Global Access Project

An open season for Tellurian’s Permian Global Access Pipeline (PGAP) drew strong demand from West Texas natural gas producers seeking delivery to the rapidly growing natural gas market in Southeast Louisiana.

Texas Waha Gas Prices Rise Ahead of Gulf Coast Pipeline Start-Up

Spot natural gas prices at the Waha hub in the Permian basin in West Texas rose to their highest since March as Kinder Morgan Inc’s new Gulf Coast Express pipeline prepares to enter service over the next month.

NuStar Completes Pipeline Projects, Begins Moving Volume

NuStar Energy has announced that it has completed and is moving volumes on three key pipeline projects that will significantly expand the partnership's capacity to move Permian crude oil to Corpus Christi for export, and to move refined products into Northern Mexico.

New Pipelines, Hurricane Drive WTI Inventories Down, Prices Up

U.S. oil futures rose 1.7% on Thursday, lifted by a deep draw on U.S. crude inventories, especially at the benchmark's delivery hub due to increased demand with the start-up of two new West Texas pipelines.