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Energy Transfer Expanding Permian Oil Takeaway with Lotus Midstream Deal

Energy Transfer Expanding Permian Oil Takeaway with Lotus Midstream Deal

Energy Transfer LP is adding 3,000 miles of crude gathering and transportation traversing the Permian Basin to Oklahoma in a $1.45 billion deal for Lotus Midstream Operations LLC. The transaction with an affiliate of EnCap Flatrock Midstream (EFM), set to be completed by mid-year, would include a $900 million cash payment and 44.5 million new…

March 27, 2023
Schlumberger Expanding Louisiana Footprint with Gulf of Mexico Hub

Schlumberger Expanding Louisiana Footprint with Gulf of Mexico Hub

Backed by Louisiana state government incentives, oilfield services (OFS) giant Schlumberger Ltd. has decided to centralize its offshore oil and gas support services in the heart of the state’s Acadiana region. The company is spending $11.5 million to expand its operations in Lafayette, LA, forming a North Gulf Coast (NGC) Hub. Schlumberger’s Lyndal Cissell, North…

October 10, 2022
Blue Hydrogen Projects Gaining Steam Across Lower 48 Oil, Natural Gas Patch

Blue Hydrogen Projects Gaining Steam Across Lower 48 Oil, Natural Gas Patch

Plans to produce low-carbon hydrogen, using natural gas and carbon capture, utilization and storage (CCUS), are gaining momentum in major producing states such as North Dakota and Texas. Bakken Energy LLC on Monday agreed to acquire the Great Plains Synfuels Plant in Beulah, ND, as part of a larger plan to develop a more than…

August 18, 2021
Mexico Natural Gas Market Eyeing Agua Dulce Forward Curves Ahead of Peak Summer Season

Mexico Natural Gas Market Eyeing Agua Dulce Forward Curves Ahead of Peak Summer Season

The recent addition of the Agua Dulce pricing location to NGI’s Forward Look offered natural gas buyers in Mexico insight into any lingering concerns related to last month’s energy crisis in Texas. Mexican market players are looking to Agua Dulce forward curves to gain further understanding of key issues in the U.S. gas market going…

March 18, 2021

Appalachian NGL Hub Proposal Clears Hurdle in Hunt for $3B-Plus in Financing

For nearly a decade, Steve Hedrick and his colleagues have been trying to make a natural gas liquids (NGL) storage hub in the Appalachian Basin a reality. Those efforts came one step closer to fruition on Wednesday.

January 5, 2018

Philadelphia Consortium Lobbies for NatGas Energy Hub

A consortium of energy industry, business, labor and academic interests behind Philadelphia’s push to transform the city and surrounding areas into a modern energy hub wants to double the 3 Bcf/d of natural gas that is consumed in the region.

March 30, 2016

Wyoming 53 Bcf Storage Field Returns After Two-Year Hiatus

An Opal Hub underground natural gas storage facility closed by a fire in 2013, Ryckman Creek, reopened at the end of December, the head of the Wyoming Pipeline Authority (WPA) told NGIon Friday.

January 8, 2016