San Antonio-based NuStar Energy said Wednesday it has completed three pipeline projects to expand its capacity to move Permian Basin crude oil to Corpus Christi for export and to move refined products to northern Mexico. NuStar completed the second stage of its WTI export project, a new eight-mile, 30-inch pipeline to transport crude oil from […]
Kinder Morgan invests $170 million in Houston ship channel projects
Houston-based pipeline operator Kinder Morgan announced Aug. 14 a series of projects valued at $170 million at its terminals in Pasadena and Galena Park on the Houston ship channel. The projects include $125 million to boost pipeline connections and increase loading rates at the Pasadena terminal and nearby Jefferson Street truck rack and $45 million […]
Freeport LNG begins production from Train I, exports to begin
Houston-based Freeport LNG Development said Aug. 20 it has started producing LNG from Train 1 at Quintana Island. McDermott International and engineering and construction partners Chiyoda International and Zachry Group said longterm contractual deliveries will begin next month after commissioning cargoes are exported. Trains 2 and 3 remain on schedule to begin operations in 2019Q4 […]
Production to increase to 4.423 million b/d in Permian in September
Production of crude oil in the Permian Basin is forecast to grow to 4.423 million barrels a day in September – an increase of 75,000 b/d from 4.348 million b/d in August – according to the latest drilling productivity report from U.S. Energy Information Admnistration. Permian will provide 88 percent of September growth across the […]
Rig counts: 56 each in Reeves and Lea, 48 each in Midland and Eddy
Reeves in Texas and Lea in New Mexico, the leading counties in Permian Basin, each lost 1 rig in the previous week for new totals of 56 as of Aug. 23, according to the latest count of oil and gas drilling rigs by Baker Hughes. And Midland in Texas and Eddy in New Mexico also […]
Trafigura Trading begins shipments of crude from Permian on Cactus II
Global commodities trader Trafigura recently commenced shipments of crude oil from Permian Basin to Corpus Christi and Ingleside via the newly operational Cactus II pipeline. Trafigura Trading signed a longterm agreement last year with Plains All American Pipeline to transport 300,000 barrels a day on Cactus II, which has a capacity of 670,000 b/d. Deliveries […]
H2O Midstream acquires produced water assets in Howard County
Houston-based H2O Midstream said Aug. 21 it acquired produced water infrastructure in Howard County from Corpus Christi-based exploration and production company Sabalo Energy. H2O acquired 37 miles of oilfield water pipelines, 9 saltwater disposal wells and 4 permits to develop additional disposal sites. The Sabalo system already is connected to H2O Midstream’s water-gathering network, and […]
Construction begins on Permian Highway gas pipeline to Gulf Coast
Construction is beginning on Permian Highway, a $2 billion partnership of Houston-based Kinder Morgan, Midland’s EagleClaw Midstream and Altus Midstream Processing. Kinder Morgan Texas is building for the partnership the 430-mile pipeline to transport natural gas from Waha in Pecos County to the Gulf Coast with access to multiple markets. It is scheduled to be […]
Pioneer Natural Resources to drill 8 wells in Midland, Upton counties
Irving-based Pioneer Natural Resources earlier this month filed eight drilling permits with the Railroad Commission of Texas to develop horizontal wells on seven leases in Midland and Upton counties. The Houston Chronicle said the wells will target the Spraberry formation in Midland Basin to depths of 10,531 feet. In a recent investors call, Pioneer CEO […]
Baker Hughes: Reeves, Lea share Permian lead with 57 drilling rigs each
Reeves County now shares the Permian Basin lead in active oil and gas drilling rigs with Lea, N.M., with 57 units each, according to the Aug. 16 report from Baker Hughes. In the past week, Reeves lost 5 rigs, and Lea added a rig. Midland (up 2 in past week) and Eddy, N.M., each has […]
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