Lisa Shidler has been a content creator for over twenty years and has analyzed the financial services industry for the past 17 years. She first began writing about energy for consumers in the early 2000s. She is based in the Midwest, where she reads, writes, edits content, and produces a podcast about books.
The oil pipelines from the Permian to Corpus Christi have been very crowded, but two recent expansion projects are adding nearly 200 Mb/d of capacity to Corpus Christi, providing a bit of breathing room. Gray Oak wrapped up a two-part 120 Mb/d expansion in May, and Plains All American completed its 75 Mb/d expansion of Cactus III (formerly EPIC), which just went into service in August.
ONEOK is buying Brazos Midstream’s Midland Basin natural gas gathering and processing assets for $4.425 billion. ONEOK says this acquisition will more than double its Midland Basin processing capacity to roughly 2.3 Bcf/d.
U.S. LNG feedgas rebounded sharply last week as Freeport returned from an extended maintenance outage and Corpus Christi intake recovered from pipeline work.
Enbridge is buying Salt Creek Midstream’s crude-oil gathering business for $600 million, which includes full ownership of the Orla and Wink North systems and a 50% interest in Delaware Crossing. Today, we’ll discuss how the deal strengthens Enbridge’s link between Permian production and export markets.
U.S. LNG feedgas demand dropped last week as disruptions at Freeport and planned pipeline maintenance at Corpus Christi reduced deliveries.
