Pipeline, terminal shortages will continue to hamper Permian growth – Houston Chronicle

Pipeline, terminal shortages will continue to hamper Permian growth – Houston Chronicle โ€” Read on m.chron.com/business/energy/article/Pipeline-terminal-shortages-will-continue-to-14128272.php Advertisements

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Exclusive: Plains’ Cactus II oil pipeline to begin line fill in a week – source – Reuters

Plains All American Pipeline LP’s 670,000 barrel-per-day (bpd) Cactus II oil pipeline system from the Permian basin to the Corpus Christi, Texas area will commence line fill within a week, a source with direct knowledge of the matter said on Thursday. โ€” Read on www.reuters.com/article/us-plains-all-amer-cactusii-exclusive/exclusive-plains-cactus-ii-oil-pipeline-to-begin-line-fill-in-a-week-source-idUSKCN1TS2XJ

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Reliance Gathering to Explore a $500 Million Sale

Reliance is working with an adviser to run an auction that could value it at about $500 million, said one of the people, who asked not be identified because the matter is private. The company, based in Midland, Texas, may attract interest from private equity and infrastructure investors, the people โ€” Read on finance.yahoo.com/news/reliance-gathering-explore-500-million-215003441.html

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Bank of Buffett Drops $10 Billion Bomb Into Anadarko Battle

In a stunning escalation of the two-week-old contest for Anadarko, Buffettโ€™s Berkshire Hathaway Inc. on Tuesday disclosed plans to inject $10 billion into Occidental in exchange for preferred stock and warrants. The bombshell landed in the midst of Anadarko board deliberations about whether Occidental โ€” Read on finance.yahoo.com/news/bank-buffett-drops-10-billion-151622861.html

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The Permian Basin Is Now the Highest Producing Oilfield in the World

The Permian Basin Is Now the Highest Producing Oilfield in the World โ€” Read on www.energyindepth.org/the-permian-basin-is-now-the-highest-producing-oilfield-in-the-world/

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How a โ€˜Monsterโ€™ Texas Oil Field Made the U.S. a Star in the World Market – The New York Times

Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now the worldโ€™s second most productive. MIDLAND, Tex. โ€” In a global collapse of oil prices five years ago, scores of American oil companies went bankrupt. But one field withstood the onslaught, and even […]

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Market Solution: New Pipeline Capacity Dwarfs Flared Gas Volumes in the Permian

Texans for Natural Gas The proposed pipeline capacity expected to come online in the Permian Basin over the next three years is vastly greater than the estimated volumes of flared gas, according to a Texans for Natural Gas analysis. Recent media reports have called attention to flaring levels in the Permian as production has increased, with one environmental […]

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Jupiter Extends Open Season for Crude Pipeline from Permian to Gulf | Pipeline & Gas Journal

Jupiter Energy extended an open season until May 31 on a crude oil pipeline from the Permian to the Port of Brownsville. It is expected to be operational in fourth quarter of 2020. โ€” Read on pgjonline.com/news/2019/02-feb/jupiter-extends-open-season-for-crude-pipeline-from-permian-to-gulf

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Enterprise begins service on Permian Basin to Mont Belvieu NGL pipeline – HoustonChronicle.com

Houston-based midstream company Enterprise Products Partners has started service on the Shin Oak NGL Pipeline, a project to move natural gas liquids from the Permian Basin of West Texas to a processing and storage facility in southeast Texas. โ€” Read on www.houstonchronicle.com/business/energy/article/Enterprise-begin-service-on-Permian-Basin-to-Mont-13652119.php

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For sale in Texas: natural gas at record low price | Reuters

Next-day natural gas prices for Tuesday at the Waha hub in the Permian basin in West Texas tumbled almost 90 percent to a record low as demand declined with moderating weather and pipeline constraints limited the amount of fuel that can leave the region. โ€” Read on www.reuters.com/article/us-natgas-waha-pipelines/for-sale-in-texas-natural-gas-at-record-low-price-idUSKCN1PU1V9

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