U.S. production of natural gas liquids and NGL “purity products” continues to rise (aside from occasional hiccups) and domestic demand for the commodities remains flat, so — you know what’s coming — the vast majority of incremental output of ethane, LPG and natural gasoline is headed for export docks. That’s good news, and so is the fact that the midstream sector has the infrastructure in place — or under development — to handle the increasing volumes of NGLs coming their way. In today’s RBN blog, we begin a series on the U.S.’s robust-and-growing networks of NGL pipelines, fractionators and export terminals, starting with a look at Energy Transfer’s “well-to-water” system for NGL gathering, processing, transportation, fractionation, storage and shipment in Texas.
As we said a few months ago in When the Levee Breaks, U.S. production of NGLs from gas processing has been growing (with some fits and starts) since the start of the Shale Revolution, from an annual average of 1.8 MMb/d 15 years ago to 5.9 MMb/d in 2022 — a 9% compound annual growth rate. Today, NGL production exceeds 6 MMb/d. A number of drivers are pushing NGL production higher, including the related facts that most drilling is crude-oil-focused, most crude-focused basins are experiencing higher and higher gas-to-oil ratios (GORs), and higher GORs mean more associated gas — and, in many basins (including the Permian), associated gas that is highly saturated with NGLs.
The rise in U.S. NGL production over the past decade and a half was accompanied by a massive build-out of NGL-related infrastructure: everything from gas gathering systems and gas processing plants to NGL pipelines, fractionators, ethane-consuming steam crackers along the Gulf Coast (and in western Pennsylvania), and export terminals capable of loading and sending out ethane, propane, butanes and natural gasoline. We’ve chronicled this construction boom in a long list of blogs, most of which looked at either an individual project of note (such as Enterprise Products Partners’ Morgan’s Point ethane export terminal) or important groups of assets (such as new gas processing plants in the Permian or fractionators in Mont Belvieu, TX).
The RBN NGL Analytic Suite delivers timely updates and outlooks on the domestic propane market, as well as U.S. LPG and ethane exports. The suite includes the bi-monthly NGL Voyager report and the weekly and monthly U.S. Propane Billboard.
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About the song
“… Ready For It?” was written by Taylor Swift, Max Martin, Shellback, and Ali Payami. The song appears as the first song on Taylor Swift’s sixth studio album, Reputation. Produced by Max Martin, Shellback, and Ali Payami, the electropop song was released as a single in October 2017. It went to #4 on the Billboard Hot 100 Singles chart and has been certified 2X Platinum by the Recording Industry Association of America (RIAA). The song won two awards at the 2019 BMI Awards ceremony. Personnel on the record were: Taylor Swift (vocals), Max Martin (keyboards, programming), Shellback (keyboards, programming), and Ali Payami (keyboards, programming).
Reputation was recorded in 2017 at Conway Recording Studios in Los Angeles; MXM in Los Angeles and Stockholm, Sweden; Rough Customer in Brooklyn, NY; Seismic Activities in Portland, OR; and Tree Sound in Atlanta. The album was produced by Taylor Swift, Jack Antonoff, Shellback, and Max Martin. Released in November 2017, it went to #1 on the Billboard Top 200 Albums chart and has been certified 3X Platinum by the RIAA. Five singles were released from the LP.
Taylor Swift is an American singer-songwriter. She has released nine studio albums, three live albums, two compilation albums, 10 EPs, and 54 singles. Swift has won 10 Grammy Awards, one Emmy Award, 32 American Music Awards, one Brit Award, 23 Billboard Music Awards, 12 Country Music Association Awards, eight Academy of Country Music Awards, two BMI Awards, and is a member of the Songwriters Hall of Fame. She recently completed a major U.S tour that will be followed up with international stops starting in November.
