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s Westcoast natural gas pipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline.
percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). Following close of the transaction May 28, EnLink Midstream Operating, a wholly owned indirect subsidiary of ONEOK, owns 100 percent of outstanding limited liability company interests of Delaware G&P.
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas.
The midstream energy sector is undergoing a transformative shift. Leading companies are aggressively expanding and integrating their gathering, processing, pipeline, and export infrastructure. Lets break down the key trends, major players, and strategies shaping the future of midstream energy. energy production growth.
The Hacksaw Crude Oil Terminal, operated by EVX Midstream Partners, is a significant midstream infrastructure asset located in Tilden, McMullen County, Texas. Pipeline Connectivity : The terminal is connected to the Eagle Ford JV Pipeline, facilitating efficient transportation of crude oil to downstream markets.
On May 1, 2025 , the Railroad Commission of Texas (RRC) issued a significant new permit to WWM Operating, LLC , authorizing operations for the Traverse Pipeline a major gas transmission project set to enhance energy transport capacity across multiple South Texas counties.
With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. ” The Pion Midstream acquisition in 2024 reinforced Enterprises position in sour gas processing. The Permian Basin continues to solidify its role as the driving force behind U.S.
“The agreement defines the required steps to reach the final investment decision for the phase of the project that includes the production, treatment, transportation and liquefaction installations of gas through floating units, for a total capacity of 12 million tons of LNG per year”, Eni said in an online statement.
Several large, publicly held midstream companies play critical roles in transporting crude oil, natural gas and NGLs from the Permian Basin to markets along the Gulf Coast, and all of them are investing hundreds of millions or even billions of dollars to expand their Permian-to-Gulf infrastructure.
On April 1, 2025, WaterBridge officially launched an open season to support the development of its new Speedway Pipeline , a dual 30-inch produced water system designed to address rising pore pressure and enhance flow assurance in the Northern Delaware Basin. million bpd of produced water across 2,400 miles of pipeline in major U.S.
equity stake in the Matterhorn Express Pipeline for approximately $375 million. The transaction, expected to close in the second quarter, follows the pipelines recent startup and rapid ramp-up of operations in the Permian Basin. WhiteWater will retain operational control of the pipeline. Devon Energy Corp. billion (up from $1.66
Urban Oil & Gas Group, LLC, a Plano, Texas-based energy investment firm, has recently updated a pipeline operation permit from the Railroad Commission of Texas. miles of natural gas gathering pipelines across Jim Wells, Kleberg, and Nueces counties. The pipeline system comprises two active segments: OM (Other Modification): 38.55
We also saw strong performance in interstate natural gas transportation volumes (up 3% – a new Partnership record), crude oil transportation volumes (up 10%), NGL transportation volumes (up 4%), NGL and refined products terminal volumes (up 4%), NGL exports (up 5%) and midstream gathered volumes (up more than 2%).
Insights on WCSB Oil Production Pipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. We expect existing oil pipelines to be filled by 2027. Figure 1: Canadian oil egress projections through 2030.
the largest source of gas in Canada, as well as select midstreamers, the companies that gather and process the gas and liquids, Rix said. Investors should look at companies with exposure to liquids-rich areas of the prolific Montney play in Alberta and B.C,
During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand. Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S.
This approach focuses on vertical integration, midstream infrastructure expansion, and enhanced export capabilities to dominate global markets for LNG, LPG, and NGLs. midstream operators are increasingly adopting vertical integration to control the entire value chainfrom gathering and processing to transportation and export.
Kinder Morgan has unveiled plans to construct the Trident Intrastate Pipeline, a $1.7 billion project spanning 216 miles, designed to enhance natural gas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. The pipeline will have a capacity of 1.5 Trident project is proof of that.
We also saw record performance in crude oil transportation volumes (up 25%), midstream gathered volumes (up 6%), NGLs produced (up 26%), and NGL fractionation volumes (up 12%) and transportation volumes (up 4%). This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA over Q3 2023.
Midstream Investments; Transportation and Storage : The midstream sector focuses on transporting and storing oil and gas from production sites to refineries and end-users. Investment opportunities in this sector include pipelines, storage facilities, and LNG (liquefied natural gas) terminals.
Pipelinetransportation volumes rose 6 percent to 13.2 Jim) Teague, co-CEO, said April 29, During the first quarter of 2025, Enterprise continued to benefit from Permian driven volume growth and consistent domestic and international energy demand pull across our midstream infrastructure system. (Jim) million boed, including 7.9
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.
Grand Mesa Pipeline The divestitures fit into a multi-quarter effort by NGL to simplify its business and emphasize more predictable, fee-based midstream revenue. The 550-mile Grand Mesa pipeline originates in Weld County, CO, and terminates at Cushing, OK, providing up to 150,000 barrels per day of crude takeaway capacity.
We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). These investments were primarily in the midstream NGL and refined products segments.
Pennsylvania offers data centers immediate access to in-state natural gas production, which reduces logistical barriers, transportation costs, and increases reliability an irresistible trifecta for developers. Whats setting Pennsylvania apart is its ability to meet these growing needs close to the source.
The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Beginning operations in early October, the pipeline can transport up to 2.5 Bcf/d of natural gas.
For nearly 30 years, Energy Transfer has played a major role in powering the natural gas revolution, transporting approximately 30 percent of all natural gas in the U.S. household have decreased by more than 10 percent over the last decade. enough to power 155,844,000 homes annually.
For oilfield service providers, BPs expansion in both shale and deepwater drilling could lead to increased demand for drilling, completions, and midstream infrastructure services. Final Thoughts BPs decision to expand natural gas production and deepwater drilling aligns with broader industry trends favoring reliable, scalable energy sources.
As global gas demand rises and North American LNG expands, the Montney is ideally positioned to benefitespecially if Canadian pipeline politics loosen under new leadership. Logistics Breakthrough: Recent rail expansions mean crude can now be transported more economically from this landlocked region.
These skids are engineered for easy transport and quick setup, making them ideal for various applications, especially in remote locations or where flexibility is paramount. They are a crucial component in natural gas processing, ensuring the gas meets pipeline specifications or is suitable for further processing.
As if crude producers and midstreamtransportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.
It was another exciting and successful year for Energy Transfer and Sunoco, with everything from impactful acquisitions and a major pipeline deal to sports sponsorships and record-breaking donations. 2024 is almost in the books! As we wind down the remaining days until the New Year, lets take a look back at some of the highlights of 2024.
midstream companies are hesitant to commit to new pipeline builds amid market volatility and tariff uncertainty. Firms have announced in recent months new pipeline projects, but many others have preferred to buy operating assets in deals with competitors or with private equity companies to expand their pipeline infrastructure.
Canadas Pacific Coast Canada is aggressively expanding its LNG export capabilities to serve the Asian market, with major projects on its Pacific Coast: Coastal GasLink Pipeline: A 5 billion cubic feet per day (bcf/d) pipeline supplying natural gas to the 1.85 bcf/d LNG Canada facility in Kitimat, British Columbia. bcf/d phase planned.
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