Natural gas futures slid a few cents Thursday as weather data provided little certainty on temperature trends past the second week of November, while government storage data that missed to the bullish side of most estimates failed to impress.
Articles from Capacity
U.S. Silica Holdings Inc., one of the largest sand providers in the onshore, reported double-digit growth for oil and gas volumes as more mining facilities opened in its largest service area, the Permian Basin.
Pipeline capacity constraints in the crowded Permian Basin won’t lead to any sharp pullback but they have led to opportunities elsewhere in the U.S. onshore, many of the largest domestic producers said last week.
A 30-inch diameter pipeline to carry Permian Basin oil supply to the Texas Coast has enough support to move forward, a quartet led by Energy Transfer Partners LP (ETP) said Tuesday.
Fracture sand provider Black Mountain Sand is expanding into the Anadarko Basin with construction underway on its sixth mine, the first outside Texas.
Medallion Pipeline Co. LLC has long-term commitments in hand to expand six segments of a Permian Basin oil pipeline system that runs through the Midland sub-basin, and is gauging interest in additional capacity because of “compelling interest,” CEO Randy Lentz said.
With Permian Basin growth in its sights, Crestwood Equity Partners LP this week unveiled a wide-ranging strategy with the launch of a cryogenic plant in West Texas, more takeaway capacity and a key contract.
Linn Energy Inc. subsidiary Blue Mountain Midstream LLC has commissioned part of its Chisholm Trail III cryogenic processing plant in Grady County, OK, to serve growing natural gas production in the region and now is considering another expansion.
Houston-based Noble Energy Inc. has increased its crude oil takeaway capacity from the Permian Basin to South Texas with an additional five-year, firm sales agreement.
U.S. natural gas producers are guiding toward 4.2 Bcf/d in output gains this year versus 2017, based on a survey of 50 of the largest onshore operators, but the biggest question is whether there will be enough takeaway capacity in the country’s two largest producing regions.