Subscribe to our free daily newsletters
  Oil and Gas News from OilGasDaily.Com  




Subscribe to our free daily newsletters



OIL AND GAS
More U.S. oil export capacity in the works
by Daniel J. Graeber
Washington (UPI) Dec 6, 2017


A gas pipeline running from Texas shale could be converted to send oil to the Gulf Coast by the start of the next decade, Enterprise Products Partners said.

The company announced plans Wednesday to convert a pipeline in its portfolio that carries natural gas from the Permian shale basin to a crude oil pipeline. With a new gas pipeline coming into service at the end of 2019, Shin Oak, the company said it has flexibility to repurpose another line for shale oil.

"We have had strong demand for crude oil transportation, storage and marine terminal services for crude oil production from the Permian Basin," CEO Jim Teague said in a statement.

In its latest drilling productivity report, the U.S. Energy Information Administration put the Permian shale basin at the top in terms of U.S. shale oil producers, far exceeding output from the Bakken shale basin in North Dakota. Production from the Permian shale is expected to increase by about 2 percent from November to 2.68 million barrels per day.

For gas, the Appalachian basin is by far the most productive shale reservoir in the United States, more than doubling the output from the Permian.

Overall, however, the latest monthly data from the Texas Railroad Commission, the state's energy regulator, found oil production was on the decline. The preliminary rate of 2.3 million barrels per day for September, the last full month for which it published data, was lower than the same month last year by 3 percent.

Enterprise said repurposing one of its gas lines to carry oil would lift its total carrying capacity to more than 650,000 barrels per day from the Permian shale to its crude oil hub in Houston.

A record was set in early November for exports when more than 2 million barrels per day left ports like Corpus Christi, Houston and Beaumont. Port infrastructure was damaged this year, meanwhile, by Hurricane Harvey and an official with the Texas Railroad Commission told UPI they were waiting for federal funds to support much-needed port overhauls.

Sandy Fielden, the director of oil and products research for Morningstar, told UPI that any new crude oil entering the Houston area is almost certainly there for exports. For Enterprise, the overhaul gives it a way to compete against other companies moving oil to the Gulf Coast.

"The real limitation in Houston is vessel size -- limited to 500 thousand to 700 thousand barrel cargoes versus VLCCs [Very Large Crude Carriers] that carry 2 million barrels," he said.

OIL AND GAS
Cuban oil driller seeing interest from potential partners
Washington (UPI) Dec 4, 2017
Australian energy company Melbana, one of the few with an established footprint in Cuba, said it was vetting potential drilling partners for Block 9 operations. The company aims to tap the Alameda-1 prospect, which it said is in an area that has more than 630 million recoverable barrels of oil at the high end. The company said Monday it's identified a number oil and gas opportunities in ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Researchers generate electricity from low-cost biomaterial

Breakthrough process for directly converting methane to methanol

Surrey develops new 'supercatalyst' to recycle carbon dioxide and methane

Convert methane to hydrogen without forming carbon dioxide at low-cost

OIL AND GAS
Sustainable solvent platform for photon upconversion increases solar utilization efficiency

Gore Mountain ski resort completes massive solar farm

Windows of opportunity: Solar cell with improved transparency

Burkina, France launch W.Africa's biggest solar plant

OIL AND GAS
U.S. wind turbines getting taller and more efficient

New wind farm in service off the British coast

End tax credits for wind energy, Tennessee Republican says

New York sets high bar for wind energy

OIL AND GAS
For Gabon's sickly uranium miners, a long quest for compensation

Belarus nuclear power plant stirs fears in Lithuania

Lightbridge and AREVA NP Sign Agreements to Immediately Advance Fuel Development

UK made grave errors over Hinkley nuclear project: MPs

OIL AND GAS
Europe backing climate ambitions with capital

Researchers pin down one source of a potent greenhouse gas

German judges agree to hear Peruvian's climate case against RWE

Canada to explore trade, climate change fight, with China

OIL AND GAS
Hearing hybrid and electric vehicles while quieting noise pollution

London's iconic black cabs go electric

GM recalling 1 million cars in China

GM sees 2019 launch for self-driving taxi fleet

OIL AND GAS
Iraqi Shiites slam calls to disband militia group after IS fight

Macron calls for 'dialogue' in Iraq and dismantling of militias

The world 'owes' Iraq a Marshall Plan, says FM

Britain's May tours Mideast amid Islam row with Trump

OIL AND GAS
North Korea holds mass celebrations for latest missile test

Building and delivering a nuclear weapon

Wife of US academic held by Iran begs Trump for help

Natural tremor near N. Korea nuclear test site: S. Korea




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement