Oil

Crimson Midstream LLC and MPLX LP are gauging support for Swordfish Pipeline, an oil system that would carry supplies to the Louisiana Offshore Oil Port LLC (LOOP) to allow more onshore crude to be exported.

The Port of Corpus Christi in South Texas, a go-to destination for increasing natural gas and oil volumes surging from the Permian Basin, set a new tonnage record for the first nine months of the year at 79.3 million tons, officials said Tuesday.

North Dakota’s Bakken Shale set back-to-back records for oil and natural gas production in August, the most recent month for which there are complete statistics, state regulators said Friday.

The U.S. Energy Information Administration (EIA) is projecting production from the nation’s seven most prolific onshore unconventional plays — the Anadarko, Appalachian and Permian basins, and the Bakken, Eagle Ford, Haynesville and Niobrara formations — will increase in November, continuing a nearly two-year trend, with natural gas output forecast to reach 74.06 Bcf/d and oil production an estimated 7.71 million b/d.

The price of the international Mexican export mix of crude, as reported by the state oil company Petroleos Mexicanos (Pemex), was $76.34/bbl on Monday (Oct. 1), compared with a year ago when the price was $47.60. Is that a good omen for President-Elect Andrés Manuel López Obrador?

A requirement implemented by the Obama administration that mandated a special braking system on oil-by-rail shipments has been dropped by the U.S. Department of Transportation’s (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA).

Texas crude oil in July averaged nearly 2.90 million b/d, compared with 2.43 million b/d a year ago, while natural gas output averaged 19.76 Bcf/d, versus a year-ago average of about 17.25 Bcf/d, according to a preliminary tally by the Railroad Commission of Texas.

A controversial urban oil drilling site south of downtown Los Angeles is being reactivated by AllenCo Energy Inc., the same operator that shut the site in 2013 amid growing concerns from nearby residents.

Oryx Midstream Services said Tuesday it has successfully completed an open season for a new regional crude oil gathering and transportation system to serve the Permian Basin’s liquids-rich Delaware formation, which runs through West Texas and into southeastern New Mexico.