Belvieu

Industry Briefs

Lone Star NGL LLC has started up the second natural gas liquids (NGL) fractionator at its Mont Belvieu, TX, facility. Lone Star Frac II is a 100,000 b/d fractionator that brings Lone Star’s total fractionation capacity at Mont Belvieu to 200,000 b/d. Lone Star is a joint venture of Energy Transfer Partners LP (ETP) and Regency Energy Partners LP. The fractionators receive NGLs from several sources, including Lone Star’s west Texas NGL pipelines and ETP’s Justice NGL pipeline. Volumes transported on Lone Star’s pipeline system and the ETP Justice pipeline continue to ramp up as shippers under long-term agreements with Lone Star and ETP increase their production from the Permian Basin, Eagle Ford Shale, and other producing regions, the companies said.

November 1, 2013

Industry Briefs

Enterprise Products Partners LPis expanding the size of its planned Aegis Pipeline to 20 inches in diameter to allow delivery of up to 425,000 b/d of ethane to the Gulf Coast petrochemical sector. The 270-mile Aegis pipeline will originate at Enterprise’s Mont Belvieu, TX, liquids storage complex and, through connections to other Enterprise-owned pipelines, will deliver purity ethane to ethylene production facilities between Beaumont, TX, and Napoleonville, LA. Aegis is to begin service in phases, with initial deliveries expected to begin during the second quarter of 2014. “As an extension of our midstream network that features access to 100 million bbl of storage capacity at our Mont Belvieu complex, the Aegis pipeline system offers a complete and integrated solution for meeting the needs of both producers and consumers of growing domestic supplies of ethane,” said Jim Teague, COO of Enterprise’s general partner. “Together, Aegis and our South Texas ethane pipeline enable Enterprise to provide ethylene facilities from Corpus Christi [TX] to the Mississippi River with reliable supplies of ethane through a header system anchored by our Mont Belvieu complex.” Enterprise is holding a supplemental open season through Nov. 14 for the capacity. For information, contact Russ Kovin, (713) 381-7925 orrkovin@eprod.com.

October 14, 2013

Industry Briefs

Sunoco Logistics Partners LP’s (SXL)Sunoco Pipeline LPis holding a binding open season for the Permian Express 2 pipeline to provide additional crude oil takeaway capacity for the Permian Basin. The pipeline would originate at multiple locations in West Texas: Midland, Garden City and Colorado City and have access to several SXL and third-party pipelines to provide producers the ability to reach markets and refineries on the Gulf Coast and in the Midcontinent. “Crude oil production in this basin is projected to increase annually by approximately 200,000 b/d, according to latest industry and consultant estimates,” said SXL CEO Michael Hennigan. “With the ability to reach multiple destinations, including our Nederland terminal, Permian Express 2 is a very attractive, flexible option for shippers.” Information is atwww.sunocologistics.com/permianexpress2.

September 19, 2013

Eagle Ford Crude Lifted Enterprise 1Q Results

Enterprise Products Partners LP overcame the effect of lower natural gas processing margins in its pipelines and services segment to deliver record gross operating margin during the first quarter, as well as a 16% increase in profits. Oil-related infrastructure put in a strong showing, particularly in the Eagle Ford Shale

May 1, 2013

Enterprise COO: Ethane Margins Anemic, Volatile

Enterprise Products Partners LP infrastructure bounced back from Hurricane Katrina in 2005 and a fire at Mont Belvieu, TX, in 2011, and the partnership will weather the current “tsunami of natural gas liquids (NGL)” that is ravaging margins in the light end of the NGL barrel, Enterprise COO Jim Teague told financial analysts last Thursday.

February 4, 2013

Enterprise’s Teague: Ethane Margins to Be Anemic, Volatile

Enterprise Products Partners LP infrastructure bounced back from Hurricane Katrina in 2005 and a fire at Mont Belvieu, TX, in 2011, and the partnership will weather the current “tsunami of natural gas liquids (NGL)” that is ravaging margins in the light end of the NGL barrel, Enterprise COO Jim Teague told financial analysts Thursday.

February 4, 2013

Anadarko Joining the Liquids-Rich Production Chorus

Shale and liquids-rich production will be the primary focus for Anadarko Petroleum Corp. this year, with dry natural gas efforts receiving less than 10% of its 2012 exploration and production budget, the Houston-based company said Tuesday.

March 14, 2012

Enterprise Unloads Most of ETE Units

Enterprise Products Partners LP announced Tuesday that it has agreed to sell about 22.8 million common units of Energy Transfer Equity LP (ETE) to undisclosed purchasers for approximately $825.1 million.

December 29, 2011

Consultant Expects Eagle Ford Infrastructure to Keep Pace

The Eagle Ford Shale in South Texas is “primed for growth,” thanks to a substantial foundation of gathering, transmission, processing and fractionation infrastructure in place, Bentek Energy LLC said in a new report. And more projects are under way or in the works over the next few years.

April 19, 2011

Industry Briefs

Gulf Coast Fractionators said it will expand the capacity of its natural gas liquids fractionation facility in Mont Belvieu, TX, by 43,000 b/d (42%) to 145,000 b/d. Gulf Coast is a partnership of ConocoPhillips, Devon Energy Corp. and Targa Resources Partners LP. ConocoPhillips, as the operator, will manage the expansion. Existing operations are not expected to be disrupted during the construction. The expansion is expected to be operational during the second quarter of 2012, subject to regulatory approvals.

October 18, 2010