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Summit Midstream Triples DJ Natural Gas Processing with Outrigger Purchase

Summit Midstream Triples DJ Natural Gas Processing with Outrigger Purchase

Outrigger Energy II LLC has completed the sale of its midstream system in Weld County, CO, to Summit Midstream Partners LP. Summit Midstream previously said the deal was worth about $305 million total in cash. Outrigger’s Denver-Julesburg (DJ) Basin system includes a 60 MMcf/d cryogenic natural gas processing plant with product deliveries to the Cheyenne…

December 5, 2022
Magnolia Sets Records with Austin Chalk, Eagle Ford Strategy

Magnolia Sets Records with Austin Chalk, Eagle Ford Strategy

Management at Magnolia Oil and Gas Corp. said sticking to the South Texas-focused independent’s game plan resulted in an exceptional second quarter. CEO Steve Chazen said Magnolia, in its fourth year as a publicly held exploration and production (E&P) company, operates on a tried-and-true business model. “We have consistently executed our strategy, which prioritizes disciplined…

August 16, 2022
Antero Ready to Capture LNG Upside as Calls for U.S. Exports Grow

Antero Ready to Capture LNG Upside as Calls for U.S. Exports Grow

Appalachian Basin pure-play Antero Resources Co. is betting on continued high natural gas prices, driven by a “structural shift” in the relationship between U.S. prices and storage levels, CEO Paul Rady said last week. “The primary driver behind this shift is the supply side,” Rady told analysts during a call to discuss first quarter earnings.…

May 4, 2022
Enterprise Opens Door to Permian Midland with $3.25B Navitas Takeover

Enterprise Opens Door to Permian Midland with $3.25B Navitas Takeover

Houston’s Enterprise Products Partners LP has agreed to acquire Navitas Midstream Partners LLC for $3.25 billion, giving the giant partnership an entry point in the Permian Basin of West Texas and an additional 1 Bcf/d of natural gas processing capacity. The agreement to acquire Navitas, headquartered north of Houston in The Woodlands, could be completed…

January 10, 2022
Ohio NGL Project Lands First Customer in Possible Breakthrough for Appalachian Hub

Ohio NGL Project Lands First Customer in Possible Breakthrough for Appalachian Hub

Plans for an underground natural gas liquids (NGL) storage facility in Ohio seen as key to the region’s petrochemical build-out have moved another step closer to reality as the backer of a multi-billion dollar ethane cracker has signed a preliminary agreement to further its development.   Energy Storage Ventures LLC (ESV) and an affiliate of Thailand’s…

July 27, 2020
Keyera, SemCAMS Preparing NGL System to Carry Growing Alberta Production

Keyera, SemCAMS Preparing NGL System to Carry Growing Alberta Production

A corporate team from Calgary, Tulsa and New York City on Tuesday announced a C$1.3 billion ($975 million) plan to complete by first-half 2022 a pair of natural gas liquids (NGL) pipelines for growing Alberta production.

May 15, 2019
Canada NGL Exports Climbing as Unconventional Drilling Increases

Canada NGL Exports Climbing as Unconventional Drilling Increases

Canadian natural gas liquids (NGL) exports increased by 80% over the past five years as unconventional drilling tapped geological formations rich with the byproducts in Alberta and British Columbia (BC).

March 27, 2019

Epic Says NGL Pipeline to Gulf Coast On Schedule

San Antonio, TX-based Epic Midstream Holdings LP said on Wednesday that its 700-mile pipeline has started its third and final construction phase for taking natural gas liquids (NGL) from the Permian Basin to the Texas Gulf Coast. It is slated to be in service late next year.

June 29, 2018

Salt Creek Midstream Building NGL Header System to Serve Apache’s Alpine High

An Apache Corp. subsidiary and ARM Energy Holdings LLC said Monday that Salt Creek Midstream LLC is developing a 445,000 b/d natural gas liquids (NGL) header system in West Texas to serve growing production in the Permian Basin’s Delaware formation.

May 14, 2018

Enterprise Snaps Up Houston Ship Channel Site to Propel Global NGL Expansion

Enterprise Products Partners LP (EPD) late Wednesday said it purchased a 65-acre waterfront site on the Houston Ship Channel to serve as the next phase of expansion at its hydrocarbon terminal.

April 12, 2018
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