Phillips 66 Partners Takes 50% Interest in $1.6-Billion Liberty Pipeline Project
The transaction is expected to close in March. The Liberty Pipeline runs 700 miles between Cushing, Oklahoma and Guernsey, Wyoming.
North Dakota, Texas Fuel Increase in US Natural Gas Venting and Flaring
According to a new report from the EIA, the volume of natural gas reported as flared reached its highest average annual level in 2018, 1.28 Bcf/D. With production soaring in the Bakken, Permian, and Eagle Ford plays, North Dakota and Texas accounted for more than 80% of that total.
Goodnight Midstream Lands Big Investment To Expand Water Operations
After a planned acquisition of Goodnight fell through, private equity firm Tailwater Capital is boosting its total investment in the water midstream company to more than $500 million. Goodnight recently signed five long-term contracts with producers in the Delaware Basin and the Bakken.
Pembina Pipeline To Acquire Kinder Morgan Canada in $4.35-Billion Deal
Calgary-based Pembina Pipeline Corp. has entered into agreements to acquire Kinder Morgan Canada Ltd. and the US portion of the Cochin Pipeline system from Kinder Morgan for a total purchase price of approximately $4.35 billion.
Water Outside the Permian: How Are Other Basins Handling the Volumes?
The Permian gets the lion’s share of attention when it comes to produced water, but other basins have a need to haul volumes off-site. How has the market changed in these areas recently? Is there a greater enthusiasm for pipelines, and can water midstream thrive?
Phillips 66 Forms JVs To Boost Takeaway Capacity from Bakken and Permian
Phillips 66 and partners in two separate joint ventures are building the Red Oak and the Liberty pipeline systems to deliver a total of approximately 750,000 BOPD to the US Gulf Coast with startup of service in early 2021.
Fueling the Oil Field: Can Natural Gas Satisfy Demand?
A new paper from ADI Analytics examines the circumstances in which natural gas could become an attractive method for fueling oilfield equipment.
Testing of New Pipeline Inspection Device Begins in Bakken
These balls have the potential to alter how pipeline inspections are done, and a consortium of pipeline operators and industry experts in North Dakota is examining just how well this emerging technology can handle the small-diameter pipelines in the area.
Dakota Access Pipeline Up and Running in 2Q?
The CEO of Phillips 66 expects the DAPL to be operational in 2Q 2017.
Bakken Pipeline Gets Final Go-Ahead From Feds
The Dakota Access Pipeline, which will connect the Bakken and Three Forks production areas, has received the regulatory go-ahead from the US Army Corps of Engineers.
Unconventional Oil and Gas Production Drives Trends in Water Management and Treatment
This article explores the outlook for the global market and gives insight into technology trends and the regions that hold the biggest opportunities for water treatment.
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