The Eagle Ford Is Making Winners Out of Many – Video

Record Production Driving Growth In Midstream Companies

The Eagle Ford is making winners out of several companies. Aimee Duffy, from Motley Fool, notes three companies with even more growth ahead. EOG plans to drill more this year than initially planned and both Enterprise Product Partners and Kinder Morgan will benefit from growing production. [Read more...]

SM Energy Expects Eagle Ford Condensate Discount – Interruptible Gathering

Eagle Ford Production Up 74% From Q1 2012
SM Energy Operated Eagle Ford Acreage Map

SM Energy Operated Acreage | Click to Enlarge

SM Energy expects its Eagle Ford condensate production will realize a long-term average discount of $7-8 to NYMEX prices. Oil production in the region averaged price realizations of 101% and 103% of WTI in the fourth quarter of 2012 and first quarter of 2013, respectively. [Read more...]

Enterprise Products Third Yoakum Processing Plant Online, Volumes Up

NGL Production Up 532% Over The Past Year
Enterprise Eagle Ford Project Map

Enterprise Products Eagle Ford Shale Projects | Click to Enlarge

Enterprise Product Partners brought its third cryogenic processing plant in Yoakum, TX, online in March and is reaping the benefits. Natural gas processing volumes are up 38% and NGL production is up 532% from one year ago in South Texas. [Read more...]

Kinder Morgan CEO Discusses Growing Oil & Gas Production – Video

Oil & Gas Plays Are Creating Unprecedented Growth Opportunities

Kinder Morgan CEO, Rich Kinder, discusses growth potential at his companies. The company is now looking at new pipelines and Kinder was one of the first to expand its crude by rail capability. Kinder Morgan now has five crude to rail facilities and one of the larger terminals on the Houston Ship Channel (Galena Park). [Read more...]

Atlas – Teak Eagle Ford Midstream Deal Worth $1 Billion

Deal Includes 500+ Miles of Pipelines And 400 mmcfd Of Processing
Teak Midstream Eagle Ford Map

TEAK Midstream Eagle Ford Asset Map | Click to Enlarge

Atlas Pipeline Partners has agreed to buy Eagle Ford Midstream assets through a $1 billion acquisition of  Teak Midstream, LLC. Atlas will gain Teak’s operated assets and assets that are jointly owned with TexStar Midstream. [Read more...]

Plains All American Planning Cactus Pipeline – McCamey to Gardendale

Permian Crude Will Access Rail, Barge, and Pipeline Outlets From Gardendale
Plains All American Eagle Ford Assets

Plains All American Eagle Ford Assets | Click to Enlarge

Plains All American Pipeline announced a new $350 million pipeline that will move 200,000 b/d of crude oil from the Permian Basin into the Eagle Ford region. The Cactus Pipeline will be a 310-mile, 20-inch crude oil pipeline from McCamey, TX, to the Gardendale Area in La Salle County, TX. [Read more...]

Kinder Morgan Plans Second Condensate Facility at Galena Park

Condensate Production From The Eagle Ford Provides Growing Supply
Kinder Morgan Galena Park Terminal Photo

Kinder Morgan’s Galena Park Terminal | Click to Enlarge

Kinder Morgan has reached an expanded agreement with BP that will support the development of an additional 50,000 b/d condensate processing facility at Galena Park. [Read more...]

Phillips 66 Plans Gulf Coast Fractionator

100,000 b/d Capacity Proposed
Mont Belvieu Factionator

Mont Belvieu Fractionator | Click to Enlarge

Phillips 66 is planning to build a 100,000 b/d fractionator in Old Ocean, TX. The plant will alleviate congestion in Mont Belvieu and add an outlet for Y-grade NGLs from the Eagle Ford. The plant will be located near the company’s Sweeney Refinery and will have access to Gulf Coast petrochemical customers and the Month Belvieu distribution network. [Read more...]

Natural Gasoline From The Eagle Ford Headed North?

EPD Open Season For Natural Gasoline Pipeline To Chicago
Mont Belvieu Factionator

Mont Belvieu Fractionator | Click to Enlarge

In response to growing production of light crudes and NGLs, Enterprise Product Partners (EPD) is proposing a diluent-quality natural gasoline pipeline from Mont Belvieu to delivery points in and around Chicago. [Read more...]

Net Midstream Plans Eagle Ford Pipeline To Mexico from Nueces County

PEMEX Subsidiary Backs Pipeline With Contract For 2.1 Bcfd
Net Mexico Pipeline Map

Net Mexico Pipeline Rough Outline | Click to Enlarge

Net Midstream announced plans for a 42-inch, 124 mile pipeline from Nueces County to Starr County in South Texas. The pipeline is backed by a 2.1 Bcfd transportation contract with MGI Supply ltd (PEMEX Subsidiary). If the pipeline its capacity, it will more than double current exports to Mexico. [Read more...]