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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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ConocoPhillips withdraws flaring permit requests at 41 sites in west Texas

September 10, 2020 by PBOG

Houston-based oil and gas producer ConocoPhillips last week withdrew a request to Railroad Commission of Texas to extend flaring permits at 41 sites in west Texas. John Roper of ConocoPhillips told Reuters that the company is reducing flaring in the Goldsmith area in Andrews and Ector counties in Permian Basin by improving operations. “These efforts […]

Filed Under: PBOG Newsletter

Enterprise cancels ECHO 4 pipeline from Midland to Houston

September 10, 2020 by PBOG

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 […]

Filed Under: PBOG Newsletter

Palisade Pipeline to transport treated wastewater into Permian Basin

September 3, 2020 by PBOG

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 […]

Filed Under: PBOG Newsletter

U.S. rig count unchanged with 254; rig count declines in Permian, Texas

September 3, 2020 by PBOG

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 […]

Filed Under: PBOG Newsletter

Less interest from drillers in sale of federal leases in New Mexico and Texas

September 3, 2020 by PBOG

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. […]

Filed Under: PBOG Newsletter

Phillips 66 Partners to expand Gray Oak pipeline from west Texas

September 3, 2020 by PBOG

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 […]

Filed Under: PBOG Newsletter

San Mateo completes expansion of Black River processing plant

September 3, 2020 by PBOG

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 […]

Filed Under: PBOG Newsletter

Energy Transfer completes expansion of Lone Star Express pipeline

September 3, 2020 by PBOG

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 […]

Filed Under: PBOG Newsletter

U.S. buildup of natural gas pipelines includes three projects in Permian

August 27, 2020 by PBOG

U.S. Energy Information Administration said this week in the first 6.5 months of 2020 about 5 billion cubic feet per day of additional natural gas pipeline capacity entered service in U.S. Projects primarily connect additional natural gas supplies to existing infrastructure; they include three projects totaling more than 1 billion cfd connecting to Waha hub […]

Filed Under: PBOG Newsletter

Permian moves from “dearth of takeaway capacity” to “surplus of pipe”

August 27, 2020 by PBOG

Oil & Gas 360 said Aug. 17 a series of pipeline project completions in late 2019 and early 2020 “moved the Permian from a dearth of takeaway capacity to a surplus of pipe.” Analysts said, “Pending projects led by ExxonMobil and Enterprise Products Partners would cause the Permian’s crude pipeline capacity to nearly double the […]

Filed Under: PBOG Newsletter

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