midstream
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The new 42-in. ADCC pipeline will tie the Whistler Pipeline to Cheniere’s Corpus Christi liquefaction facility. -
The US oil and gas company said it signed a letter of intent with the US midstream operator to explore commercializing a CO2 transportation and storage network.
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Oil production is reaching new levels in the Permian Basin and it has created some uncertainty about where all the associated gas will go.
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Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.
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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
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Fuel is being delivered to the US East Coast again after hackers infiltrated the company’s operation. Colonial reportedly paid a $5-million ransom.
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Colonial Pipeline shuttered its East Coast fuel pipeline system as data were hacked and held for ransom.
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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.
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An economic downturn and global pandemic are among many issues US midstream operators are dealing with in 2020, including exposure to upstream bankruptcies, limited M&A activity, and regulatory issues.
