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EIA: Tight Oil Remains Leading Source of Future U.S. Crude Oil Production
February 27, 2018
EIA’s recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that US tight oil production will generally increase through the early 2040s, when it will surpass 8.2 million barrels per day (b/d) and account for nearly 70 percent of
Tellurian Launches Open Season to Test Support for $1.4 Billion Haynesville Pipeline, Louisiana
February 26, 2018
Houston-based Tellurian has launched an open season to test support for the proposed $1.4bn Haynesville Global Access Pipeline (HGAP), which will connect the Haynesville and Bossier shale production region to customers in southwestern Louisiana, US. The non-binding open season, which
Oneok to Invest $2.3 Billion to Expand Midstream Infrastructure in Oklahoma and Texas
February 26, 2018
US-based Oneok is planning to invest approximately $2.3bn to expand its midstream infrastructure with additional natural gas liquids (NGL) and natural gas infrastructure. The investment will see construction of a new NGL pipeline, named Arbuckle II Pipeline, with an initial
EQT Releases Plans to Spin-off Appalachian Basin Midstream Business
February 26, 2018
US natural gas producer EQT has revealed its plans to spin off its midstream business into an independent public traded company by the end of the third quarter of this year. EQT said that the tax-free separation of its upstream
American Midstream to Sell Its Refined Products Terminals for $138 Million, Texas
February 22, 2018
American Midstream Partners has agreed to sell its refined products terminalling business to DKGP Energy Terminals, a joint venture between Delek Logistics Partners and Green Plains Partners, for about $138.5m. The transaction is expected to close in the first half
Total to Create U.S. Gulf Coast Petrochemicals JV with Borealis and Nova
February 22, 2018
Total will form a joint venture (JV) for petrochemicals on the US Gulf Coast with Austrian polyethylene and polypropylene producer Borealis and Canadian plastics and chemical company Nova Chemicals. While the French oil and gas giant will hold a stake
DOE to Offer 77.3 Million Acres for Oil and Gas Exploration in Gulf of Mexico
February 20, 2018
The US Department of Interior is planning to offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida in lease sale for oil and gas exploration and development. Said to be the largest in US history, the region-wide lease
Fieldwood Energy Files for Chapter 11 Bankruptcy Protection
February 20, 2018
Fieldwood Energy, along with its subsidiaries and certain affiliates, has filed for bankruptcy protection under Chapter 11 in the US, in a bid to restructure its balance sheet by reducing debt. The firm has made the voluntary filing in the
Avangrid to Sell Its Gas Storage Business Enstor Gas to Amphora
February 20, 2018
Avangrid Renewables has agreed to sell Enstor Gas, which operates the gas storage business of its parent company Avangrid, to Amphora Gas Storage USA, an affiliate of ArcLight Capital Partners for an undisclosed price. Enstor Gas owns and operates natural
TransCanada to Move Forward with $1.9 Billion NGTL Pipeline Expansion Project
February 19, 2018
TransCanada has decided to proceed with the C$2.4bn ($1.9bn) expansion of its NOVA Gas Transmission (NGTL) system in Alberta, Canada to help increase market access for suppliers in Western Canadian Sedimentary Basin (WCSB). TransCanada’s wholly-owned subsidiary NGTL will be responsible
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