Sabine Pass Liquefaction LLC sent out 15 liquefied natural gas (LNG) cargos from its terminal in Louisiana during February, according to the latest data available from the U.S. Department of Energy (DOE).
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Williams Selling Geismar Olefins Plant to Nova For $2.1B
Williams Partners LP is selling all of its interest in Williams Olefins LLC, which owns an 88.46% stake in the Geismar, LA, olefins plant and associated complex, to Nova Chemicals for $2.1 billion in cash.
April 17, 2017
Rigs Counts, Other Data Point to Industry Recovery
Ongoing drilling activity across the country along with well permitting in Texas and an improving employment outlook in Houston continue to point to a recovery for the oil and natural gas industry.
April 13, 2017
USGS: Much More Oil/Gas in Bossier, Haynesville Formations Than Previously Thought
The oil/natural gas patch has seen much technological change since 2010 — the last time the U.S. Geological Survey (USGS) assessed the resources contained in the Bossier and Haynesville formations. Technology advancements have caused resource estimates for the Gulf Coast Basin plays to balloon.
April 13, 2017
Rigs, Texas Well Permitting, Houston Oil/NatGas Jobs All Rising
Ten U.S. land-based drilling rigs returned to action during the week just ended, according to Baker Hughes Inc. (BHI). The week ended with 823 rigs active on land, more than twice the 409 that were running one year ago.
April 13, 2017
NatGas Price Reporting Agencies Seeing Greater Index Participation
The number and volume of natural gas transactions — according to FERC Form 552 submissions from up to 680 respondents — were in decline during 2008 to 2014 and flattened in 2015. However, that trend has improved somewhat in 2016, executives with two price reporting agencies (PRA) said in Houston on Tuesday.
April 13, 2017
Cove Point Asks DOE For Commissioning LNG Cargo Authorization
Dominion Cove Point (DCP) has asked the U.S. Department of Energy (DOE) for authorization to begin exporting commissioning cargos from its liquefied natural gas (LNG) export facilities on the Chesapeake Bay in Lusby, MD.
April 13, 2017
NuStar Adding Permian Crude Infrastructure in Nearly $1.5B Deal
San Antonio-based NuStar Energy LP has agreed to acquire Permian Basin crude oil gatherer and transporter Navigator Energy Services LLC for $1.475 billion. Already active in the Eagle Ford Shale, NuStar now would have a long-sought presence in the Permian, management said Wednesday.
April 12, 2017
DCP Joins Kinder in Permian-Focused Gulf Coast Express Project
DCP Midstream LP has agreed to participate in developing Kinder Morgan Texas Pipeline LLC’s (KMTP) proposed Gulf Coast Express Pipeline Project, the companies said Tuesday.
April 12, 2017
Stakeholder Midstream Buys Permian Gas Gathering System
San Antonio-based Stakeholder Midstream LLC has acquired the Lovington Gas Gathering System fromLucid Energy Group effective April 1.
April 11, 2017