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Enterprise Products Partners publicly acknowledged the deep slump in pipeline demand out of the Permian Basin by canceling a project at a time when most producers have been quietly postponing US projects. Energy Transfer pursued the stay and expedited appeal after its emergency request for a stay was denied by the US District Court for the District of Columbia. The court said it was mindful of the disruption the shutdown will cause but said the seriousness of deficiencies from the US Army Corps of Engineers outweighs the negative effects of shutting down the pipeline. This paper presents a multirate-test method to detect locations and sizes of blockages in gas pipelines. This paper presents the challenges and obstacles faced in the use of a new technology for the plugging and deoiling of sections of unpiggable flowlines before decommissioning.
Trafigura confirmed that it had begun shipments from the Permian to Corpus Christi via the pipeline, which has a 670,000-B/D capacity. Operator Plains All American announced last week that it had completed work on the pipeline. Approximately 90% of construction work has been completed on the pipeline, which is expected to transport up to 670,000 BOPD from the Permian Basin to the US Gulf Coast. Cactus II is one of several pipelines aimed at alleviating takeaway concerns in the Permian.
A merger with KeyW and the completion of the sale of its energy and chemical segment to WorleyParsons align with the service company’s decision to focus on its higher-growth, higher-margin lines of business. A growing sector of water midstream companies is in the Permian Basin looking to take advantage of a business opportunity borne out of rising produced water volumes. Billion-dollar valuations for these companies in the near future could become a reality. The oilfield engineering services industry continues to “wheel and deal” with Jacobs’ $3.3-billion sale to WorleyParsons.
Phillips and Trafigura JV expected to load VLCCs. The project is in the permitting stage with an FID expected this year. Trafigura confirmed that it had begun shipments from the Permian to Corpus Christi via the pipeline, which has a 670,000-B/D capacity. Operator Plains All American announced last week that it had completed work on the pipeline.
Sabine Pass Train 6 gets the nod, Bechtel gets the go-ahead for construction. Apache Corp. signed a deal with Cheniere to supply natural gas produced from its Permian Basin Alpine High area to the Corpus Christi LNG facility Startup comes 8 months after the initial discovery in March, marking the second successful tieback since 2017 to the Beryl Alpha platform in the UK North Sea. The rising oil production and produced water volumes in the Permian are expanding the scope and scale of recycling. Apache is targeting 50% of its frac water to be made up from recycled produced water this year. Industry CIOs examine the challenges operators and service companies face in understanding cybersecurity threats.
The company announced both contract awards simultaneously. The new contract awards could be worth up to $800 million. The FPSO, MODEC's largest size of "gas FPSO" to date, will be the first application of the contractor’s M350 Hull, a next-generation newbuilt hull for FPSOs. The deal for ConocoPhillips’s northern Australian portfolio will help the Australian company boost its position in the country’s gas market, as it gains majority ownership in a set of key assets including Darwin LNG and the Barossa project. Drones are becoming an important tool for energy companies looking to improve on-site safety and operational efficiencies, and the industry is looking for the best way to maximize their value.
The sale of the Appalachia position is in line with Shell’s strategy to focus on its shales strategy. Cutbacks in oil and gas production and drilling and completions will result in a decrease in produced water and will also lead to a reduction in water infrastructure investment. The market in 2020 will be oversupplied by 3–5 million B/D and global inventory will surpass 400 million bbls over the next few months, according to ADI Analytics. Because offshore project lead times are longer than in shale, production is likely to come on line in 2–5 years when oil prices may be higher. But the number of FPSOs to be sanctioned this year may be cut by half.
A recovery in the energy industry is key to the oilfield water sector in the Permian. But the industry must address issues such as further research, regulatory changes, and technology. NextDecade and Mubadala Investment Co. have reached agreement for Mubadala to purchase $50 million of NextDecade’s common stock in a private placement. The capital buoys the development of the Rio Grande LNG export solution linking Permian Basin associated gas to the global LNG market. The $600-million deal sees NGL net around 580,000 B/D in disposal capacity and 680,000 B/D in transportation capacity via 19 saltwater disposal wells and a network of produced water pipelines.