Natural Gas Liquids

Canada’s Tamarack Valley Logs Improvements on Higher Output, Stronger Prices

Canada’s Tamarack Valley Logs Improvements on Higher Output, Stronger Prices

Increased production and prices of all commodities propelled an improved performance by Canadian independent Tamarack Valley Energy Ltd. during the first six months of this year. As the Covid-19 pandemic faded, Tamarack oil and natural gas liquids production jumped by 37% to average 18,751 b/d during January through June this year. Natural gas output grew…

August 6, 2021
Topaz Boosts Montney Stakes with Tourmaline Royalty Deal

Topaz Boosts Montney Stakes with Tourmaline Royalty Deal

Lured by liquids-rich natural gas and growth prospects, Topaz Energy Corp. has snagged a share in Tourmaline Oil Corp.’s production from the Montney Shale in northeastern British Columbia (BC) for C$145 million ($116 million). The deal announced Thursday gives Topaz 4% royalty interests in gas and 2.5% in liquids tapped by larger player Tourmaline Oil…

July 16, 2021
Williams, Crowheart JV Eyes Increased Natural Gas Production in Wyoming’s Green River Basin

Williams, Crowheart JV Eyes Increased Natural Gas Production in Wyoming’s Green River Basin

With an eye on increased development activity in Wyoming’s Wamsutter field, Williams is teaming with Denver-based Crowheart Energy in a joint venture (JV) that consolidates more than 1.2 million net acres across the tight natural gas reservoir. The tie-up combines the legacy Crowheart, BP plc and Southland Royalty Co. LLC upstream assets into one contiguous…

July 7, 2021
Antero Warns of Winter Propane Shortages Without Adequate Stock Builds

Antero Warns of Winter Propane Shortages Without Adequate Stock Builds

Executives at Appalachian pure-play Antero Resources Corp., the nation’s second largest natural gas liquids (NGL) producer, are warning that without an adequate build in propane inventories through the fall, the world would be undersupplied this winter.  “U.S. domestic propane buyers will need to outbid export markets this summer to build sufficient inventories for this upcoming…

May 7, 2021
Whitecap Returns to Profitability on Canada Oil, Gas Acquisitions and Higher Prices

Whitecap Returns to Profitability on Canada Oil, Gas Acquisitions and Higher Prices

Improved prices for increased oil, natural gas and liquids volumes, achieved in part on corporate takeovers, fueled a return to profitability by Canadian producer Whitecap Resources Inc. in the first three months of this year. Whitecap oil production volumes grew year/year to 64,795 b/d from 56,631 b/d, with natural gas volumes hitting 129 MMcf/d from…

April 29, 2021
Increased Ethane Supply Said Crucial to Mexico’s Petchem Sector

Increased Ethane Supply Said Crucial to Mexico’s Petchem Sector

Mexico’s petrochemicals sector has suffered from underinvestment and the prioritization of crude oil production by state oil company Petróleos Mexicanos (Pemex), according to a new issue brief published by Rice University’s Baker Institute for Public Policy.  These factors have led to a steady decrease over the last decade in Pemex’s production of ethane and ethane…

April 19, 2021
Phillips 66 Completes NGL Upgrades at Sweeny Hub Serving Permian, Eagle Ford Operators

Phillips 66 Completes NGL Upgrades at Sweeny Hub Serving Permian, Eagle Ford Operators

Phillips 66 has completed a $1.4 billion infrastructure upgrade near its Houston Ship Channel facilities to serve the Permian Shale and Eagle Ford Shale. Houston-based Phillips 66 management said operations have begun on two natural gas liquids (NGL) fractionation plants at its Sweeny Hub in Old Ocean, TX, south of Houston. With a combined capacity…

November 24, 2020
Enterprise Exports Lower 48’s First Co-Loaded NGL Cargoes from Houston Ship Channel

Enterprise Exports Lower 48’s First Co-Loaded NGL Cargoes from Houston Ship Channel

In a first for the U.S. midstream industry, Enterprise Products Partners LP (EPD) this month loaded combination cargoes of natural gas liquids (NGL) and olefins on the same vessel. The Houston-based operator said it completed the simultaneous loading of propane and polymer grade propylene into separate compartments on a very large gas carrier at its…

July 15, 2020
U.S. Said Trending to Produce More Oil, Liquids than Saudis and Russia Combined by 2025

U.S. Said Trending to Produce More Oil, Liquids than Saudis and Russia Combined by 2025

The United States is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025, according to an analysis by Rystad Energy.

January 28, 2019

Enterprise Converting Portion of Natural Gas Line to Y-Grade to Boost Gulf Coast Capacity

Given persistently tight fractionation capacity along the Gulf Coast, Enterprise Products Partners LP plans to optimize the Shoup fractionator in Nueces County by expanding and repurposing a portion of its South Texas natural gas pipeline system, the company said Tuesday.

November 7, 2018
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