Texas

Texas Oil, Natural Gas Pipelines Said Major Contributor to State Economy

Texas Oil, Natural Gas Pipelines Said Major Contributor to State Economy

The Texas oil and gas pipeline sector supported more than 238,000 high paying jobs and contributed more than $48.6 billion to the state in 2019, according to a Texas Tech University study. The report, by Tech’s Center for Energy Commerce at the Rawls College of Business, was commissioned by the Austin, TX-based Texas Pipeline Association…

October 21, 2020
Harvest Midstream Ramps Up More Outlets for South Texas Crude

Harvest Midstream Ramps Up More Outlets for South Texas Crude

Privately held Harvest Midstream Co. has brought online two connections in South Texas to deliver crude from its Ingleside Pipeline to Moda Midstream LLC facilities. The first connection provides shippers access from the Ingleside system to Moda’s Ingleside Energy Center, which also has connectivity to the Gray Oak and Epic Crude Oil pipelines, which move…

September 23, 2020
Texas FLNG Bunkering Project Proposed for Galveston

Texas FLNG Bunkering Project Proposed for Galveston

With a focus on providing infrastructure solutions to supply new markets with natural gas, Houston-based Pilot LNG LLC has filed with federal regulators to build in Texas what it said would be the Gulf Coast’s first dedicated liquefied natural gas (LNG) bunker terminal. The proposed Galveston LNG Bunker Port, to be sited on Pelican Island,…

July 16, 2020
Weekly Natural Gas Prices Post Solid Gains as Summer Temperatures Soar

Weekly Natural Gas Prices Post Solid Gains as Summer Temperatures Soar

Spot prices surged over the course of the week as robust heat stretched across the country, with highs reaching into the triple-digits over swaths of Texas and the Southwest. Strong cooling demand propelled weekly spot gas prices for the July 6-10 period. NGI’s Weekly Spot Gas National Avg. advanced 22.0 cents to $1.730. Though forecasts…

July 10, 2020
Texas Oil, Gas Inspections Looking Up as RRC Launches Drones to Improve Oversight

Texas Oil, Gas Inspections Looking Up as RRC Launches Drones to Improve Oversight

Texas oil and gas regulators are planning to step up their enforcement abilities, including through the enhanced use of drones, to improve oversight of the massive energy industry. The Railroad Commission of Texas (RRC) outlined its fiscal year (FY) 2021 strategic priorities, with a big goal to accurately monitor and enforce major oil and gas…

July 6, 2020
Texas Regulators Looking to ‘Drastically Reduce’ Natural Gas Flaring in Oilfields

Texas Regulators Looking to ‘Drastically Reduce’ Natural Gas Flaring in Oilfields

A push to revamp allowed natural gas flaring in Texas oilfields is underway, with potential changes coming as soon as this fall.

June 17, 2020
U.S. Adds Two Natural Gas Rigs as Falloff in Oil Patch Slows

U.S. Adds Two Natural Gas Rigs as Falloff in Oil Patch Slows

The U.S. natural gas rig count climbed two units to 78 for the week ended Friday (June 12), while the recent steep declines in the oil patch showed signs of leveling off, according to the latest data from Baker Hughes Co. (BKR).

June 12, 2020
Advances in Mexico Natural Gas Market Seen Stabilizing Waha Prices

Advances in Mexico Natural Gas Market Seen Stabilizing Waha Prices

New infrastructure and capacity releases in Mexico could help stabilize Permian Basin natural gas prices, according to NGI’s Patrick Rau, director of strategy and research.

June 12, 2020
Texas E&P Industry Records Stinging Losses in April as Covid-19 Strips Jobs, Permitting and Production

Texas E&P Industry Records Stinging Losses in April as Covid-19 Strips Jobs, Permitting and Production

Texas oil and gas activity suffered a bloodbath of sorts in April as the state began to register the full effects of the Covid-19 lockdowns, with upstream jobs tumbling to the largest monthly decline on record, the Texas Alliance of Energy Producers said Wednesday.

June 10, 2020
Natural Gas Futures Fall on Mixed Weather, Continued Weak LNG Outlook

Natural Gas Futures Fall on Mixed Weather, Continued Weak LNG Outlook

Natural gas futures dipped into the red early Tuesday and remained there on demand concerns tied to mixed weather forecasts and diminished natural gas exports. The July Nymex contract settled at $1.767/MMBtu, down 2.2 cents day/day. August was down 2.9 cents to $1.863.

June 9, 2020
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