Canadian pipeline operator Enbridge withdrew its permit application at U.S. Department of Transportation maritime administration for a crude oil export terminal near Freeport in the Gulf of Mexico capable of handling supertankers, according to Reuters and Houston Chronicle. Enbridge reportedly could reconsider filing its application for Texas Crude Offshore Loading Terminal (or Texas COLT) off […]

Houston-based pipeline operator Enterprise Products Partners and British liquefied gas shipping company Navigator Holdings exported the first cargo of ethylene from their new terminal at Morgan’s Point on the Houston ship channel. A Liberian tanker named Navigator Europa left Jan. 2 with a 25-million-pound shipment of ethylene for the Marubeni Corp. in Japan. Enterprise and […]

Production continues to grow while the rig count declines. U.S. Department of Energy said this week that crude oil production increased to an estimated record high of 13 million barrels a day last week, while Baker Hughes said Jan. 10 that the U.S. count of active oil and gas drilling rigs declined 15 in the […]

Houston-based Oilfield Labs of America is doubling the capacity of its facilities in Midland. Amanda North, director of lab operations, told the Midland Reporter Telegram the company is expanding its existing building and adding a second building of 4,000 square feet to give it more than 9,000 square feet of lab space. “We serve the […]

The Texas Oil and Gas Association said this week the industry paid a record $16.3 billion in 2019 in taxes and royalties to the State of Texas, county governments and school districts. Todd Staples, president, told reporters Tuesday, “Despite the challenges associated with the global marketplace, state and local taxes and state royalties shattered records […]

New maps and geologic information for Bone Spring in the Delaware Basin have been released by U.S. Energy Information Administration. Stonnie Pollock, president of the West Texas Geological Society, told the Midland Reporter Telegram that the information “appears to be more generalized information pulled together from public information sources.” EIA reportedly reviewed data from 22,000 […]

International steel pipe manufacturer Tenaris said Jan. 2 it closed a previously announced transaction to acquire IPSCO Tubulars, a U.S. manufacturer of steel pipe, from Russian steel maker PAO TMK for $1.067 billion. Also, Tenaris’ announcement said the parties entered into a six-year distribution agreement whereby Tenaris will be the exclusive distributor of TMK’s OCTG […]

Baker Hughes’ weekly count of active oil and gas drilling rigs started 2020 where it spent most of 2019 – with declining counts in Permian Basin, Texas, New Mexico and U.S. The U.S. count lost 9 rigs in the past week to return to below 800 at 796 (it also was below 800 in early […]