Houston-based Enterprise Products Partners said this week it has cancelled its Midland-to-ECHO 4 crude oil pipeline (M2E4) to markets in the Houston area. EPP amended long-term agreements with customers to reduce the volume of near-term shipping commitments in exchange for extending terms of the agreements. EPP said Wednesday the agreements will allow Enterprise to use […]
Be a Leader, Not a Follower
The topic of face-covering remains political, central to the development of theory, and gathering of information about probable consequences appropriate to making health-conscious decisions. A recent newscaster said, when a hurricane hits, no one argues about whether it is a Category 3 or a Category 5; it is a hurricane. With regards to how to […]
To Celebrate an Incredible Achievement
Stepping to the podium at a wellsite just outside Midland operated by Double Eagle Energy, President Donald Trump on July 29 opened his address with these words: “I really am thrilled to be here in Midland, Texas, with the extraordinary men and women of Double Eagle Energy… [applause] and what a nice welcome. Thank you […]
Palisade Pipeline to transport treated wastewater into Permian Basin
Houston-based Palisade Pipeline said recently it will build a 100-mile pipeline to transport treated wastewater from Lubbock to customers in Permian Basin. The company signed an agreement to purchase 6 million gallons of treated wastewater a day from City of Lubbock; pumps along the route will transport water to a reservoir near Hobbs, N.M., for […]
U.S. rig count unchanged with 254; rig count declines in Permian, Texas
Counts by Baker Hughes of active oil and gas drilling rigs declined in Permian Basin, Texas and New Mexico last week, but the U.S. count was unchanged at 254 after adding 10 rigs the previous week to reverse a five-month decline. As of Aug. 28, Permian Basin had 125 rigs (127 previous week), Texas had […]
Less interest from drillers in sale of federal leases in New Mexico and Texas
An auction of federal oil and gas leases last week in New Mexico and Texas attracted far less interest from drillers than recent sales, according to Reuters. U.S. Bureau of Land Management sold 93 land parcels (primarily in NM) covering more than 45,000 acres Aug. 27 after a smaller sale of 2,800 acres Aug. 26. […]
Phillips 66 Partners to expand Gray Oak pipeline from west Texas
Houston-based Phillips 66 Partners said this week it will expand the Gray Oak pipeline and add a destination in Victoria County. There will be new takeaway capacity from west Texas to be placed into service in first half of 2022. Gray Oak pipeline achieved full service in 2020Q2 and supplied the first crude oil to […]
San Mateo completes expansion of Black River processing plant
Dallas-based San Mateo Midstream said Tuesday it completed and successfully placed in service an expansion of Black River cryogenic natural gas processing plant in Eddy County, N.M. The expansion adds inlet capacity of 200 million cubic feet of natural gas per day to the existing inlet capacity of 260 million cubic feet per day for […]
Energy Transfer completes expansion of Lone Star Express pipeline
Dallas-based Energy Transfer said Tuesday it completed expansion of Lone Star Express pipeline on budget and ahead of schedule. The pipeline adds 400,000 barrels per day of NGLs to Energy Transfer’s existing Lone Star NGL pipeline system in Texas. The new 352-mile pipeline (24 inches) originates in Winkler County and connects into the existing Lone […]
Opinion: Basin O&G Weathers Opposing Sentiments
Was there ever a more schizophrenic year for oil and gas? The tumults of 2020 have kept markets in disarray and left analysts and observers divided. Opposing forces keep tugging at the industry, hindering any straight-line improvement. On one side, there is the Environmental, Social, and Governance (ESG) movement, with its emphasis on what it […]
- « Previous Page
- 1
- …
- 241
- 242
- 243
- 244
- 245
- …
- 369
- Next Page »