San Antonio-based EPIC Y-Grade Holdings said Aug. 15 its affiliates EPIC Y-Grade Pipeline and EPIC Olefins will build more than 130 miles of 12-inch ethane and ethylene pipelines to support the 1.8 million metric ton ethane steam cracker being built by Gulf Coast Growth Ventures in San Patricio County. Both pipelines are scheduled to be […]
Qatar investing in Midland’s Oryx Midstream Services
A state-owned company from Qatar signed a $550 million deal to buy an interest in and expand Midland-based Oryx Midstream Services, a pipeline company that transports crude oil in the Permian Basin. Oryx said Qatar Investment Authority bought “a significant stake” of its operations from New York private equity firm Stonepeak Infrastructure Partners. Founded in […]
NuStar Energy receives first shipment of Permian crude in Corpus Christi
San Antonio-based NuStar Energy said last week it received the first shipment of Permian Basin crude oil at its export terminal in Corpus Christi. NuStar recently completed work to connect its Corpus Christi North Beach export terminal to Cactus II pipeline, a project of Houston-based Plains All American Pipeline that connects the Permian Basin to […]
EPIC delivers its first Permian Basin crude to Corpus Christi, Ingleside
San Antonio-based EPIC Crude Holdings said this week interim crude service on the 24-inch EPIC Y-grade pipeline has started – making its first delivery of Permian Basin crude from Crane to multiple terminals and refiners in Corpus Christi and Ingleside. EPIC said Monday during interim service it can deliver up to 400,000 barrels of oil […]
Where to Go from Here?
“People said, ‘We’ve got to do something different.’” The last downturn helped shift people’s mindsets. Weatherford’s latest project in Odessa shows what that change looks like. By Paul Wiseman “We’ve been in the Permian Basin for decades,” said Weatherford International’s Karen David-Green, “and this new facility allows us to consolidate 10 product lines under one […]
FERC opens Houston office to manage LNG export terminal applications
The U.S. Federal Energy Regulatory Commission is creating a division to manage the growing number of applications to site, build and operate LNG export terminals. Neil Chatterjee, FERC chairman, said the new FERC office will include 20 existing LNG staff members in Washington, D.C., and 8 additional staff members in Houston, where there will be […]
U.S. rig count declines for 6th straight week; Permian adds rigs again
The count of active oil and gas rigs in the U.S. declined for the sixth straight week as of Aug. 9, according to Baker Hughes, while rig counts in Permian Basin and New Mexico increased again. Permian Basin added 2 rigs in the past week for a new total of 444 (485 a year ago), […]
Enterprise, Chevron reach agreement for crude oil transportation, storage
Houston-based Enterprise Products Partners said July 30 it has executed an agreement with Chevron USA for crude oil transportation and storage. Enterprise said the agreement will support expansion of its crude oil system from Permian Basin to its ECHO terminal in Houston. George Neal, president of Chevron’s supply and trading division, said, “These agreements support […]
Altus Midstream acquires interest in Shin Oak NGL pipeline
Houston-based Altus Midstream said July 31 it has closed on a transaction to acquire 33 percent equity interest in the subsidiary of Enterprise Products Partners that owns Shin Oak NGL pipeline. The 658-mile pipeline, placed into service in February, transports NGL production from Permian Basin and other plays to Enterprise’s NGL fractionation and storage comlex […]
Concho Resources, Solaris Water form joint venture for produced water
Midland-based Concho Resources and Houston-based Solaris Water Midstream said July 31 they are forming a joint venture for produced water management in northern Delaware Basin. Concho is contributing 13 saltwater disposal wells and 40 miles of produced water gathering pipeline, and Solaris is contributing cash and an equity ownership in its parent company. Solaris will […]
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