Valero Refinery Expansions Pushed Forward by Eagle Ford Production Growth – $730 Million

Valero Will Spend $730 Million on Two Expansions Along the Gulf Coast
Valero Refinery Map

Valero Refinery Map – Partial | Click to Enlarge

Valero plans to build crude topping units at its Corpus Christi, TX refinery and its refinery in Houston.

The two expansions come with a price tag of $730 million, but will likely be needed if the growth of light-sweet crude oil from areas like the Bakken, Eagle Ford, and Permian Basin continue.

Read more: Valero Houston Refinery Expanding for Eagle Ford Crude [Read more...]

Corpus Christi LNG Plant One Step Closer To Being Built – Cheniere

Sale & Purchase Agreement Signed for 5% of the Plant's Proposed Export Capacity
Cheniere's Corpus Christi Liquefaction Project

Cheniere’s Corpus Christi Liquefaction Project | Click to Enlarge

A proposed Corpus Christi Liquefaction Plant (LNG Export) is one step closer to becoming a reality.

Cheniere signed a 20-year LNG sale and purchase agreement (SPA) with Pertamina for 0.8 mtpa (90 mmcfd). The deal accounts for just 5% of the plant’s proposed capacity, so more contracts are needed before the $12 billion project will be financed.

[Read more...]

Cheniere Energy’s Port of Corpus Christi LNG Plant Will Cost $12 Billion

A Final Investment Decision Is Expected By the End of 2014
Cheniere's Corpus Christi Liquefaction Project

Cheniere’s Corpus Christi Liquefaction Project | Click to Enlarge

Cheniere Energy is closer to making a decision on final investment in its Corpus Christi Liquefaction project.

Cheniere received a turnkey construction commitment priced at $800/tonne of liquefaction. The engineering and construction company Bechtel submitted the contract in September.

Cheniere has plans for up to six trains with 4.5 mtpa capacity each in Corpus Christi, but initial plans call for three trains with capacity of 13.5 mtpa (~1.8 Bcf/d). [Read more...]

Energy Transfer Will Convert an Eagle Ford Gas Pipeline to Liquids to Supply Trafigura Terminal in Corpus Christi

Pipeline Will Have Capacity to Move 100,000 b/d of Crude Oil & Condensate
Trafigura Terminals Eagle Ford Port in Corpus Christi

Trafigura Terminals’ Eagle Ford Port in Corpus Christi | Click to Enlarge

Energy Transfer has reached an agreement with Trafigura for liquids capacity that supports the development of a pipeline supplying the Port of Corpus Christi.

Energy Transfer will utilize existing infrastructure to construct an 82-mile, 100,000 b/d pipeline system from McMullen County to the Port of Corpus Christi. [Read more...]

Eagle Ford Consortium Fall Conference Kicks Off in Corpus Christi – Video

Local Leaders Addressing the Challenges and Benefits of Oil & Gas Development

The Eagle Ford Consortium’s fall conference kicked off yesterday with a tour of the Port of Corpus Christi and continues through Wednesday.

The consortium brings businesses and local communities together to ensure both are prepared for future growth.

Conference speakers will address various issues including CNG, education, foreign investment, health care, and current industry developments. [Read more...]

NuStar Fills Expansion Phase 1, Still Receiving Commitments on Phase 2

Phase 1 Includes Adding 35,000 b/d of Capacity to Corpus Christi
NuStar Energy Eagle Ford System Map

NuStar Energy Eagle Ford System Map | Click to Enlarge

NuStar Energy has received binding commitments filling its first phase of the company’s planned Eagle Ford expansion. [Read more...]

Martin Midstream LPG Plant Planned at the Port of Corpus Christi – Video

Plant Will Cost $550 Million & Employ Hundreds During Construction

Martin Midstream has purchased the last available Port of Corpus Christi property on Harbor Island.

The company will construct a $550 million LPG plant on the 245 acre property. The facility could be completed in the next three years and will employ hundreds during construction and 50 full-time positions once completed. Add those to the already booming Eagle Ford jobs market. [Read more...]

Port of Corpus Christi’s Eagle Ford Oil Exports Exceed Oil Imports – Video

Oil Exports Are Up Over 1 Million Barrels Compared to August of 2012

The Port of Corpus Christi has reached a milestone that won’t likely be reversed any time soon. Oil exports from the port are exceeding imports.

During the month of August, the port saw oil exports rise to almost 3.9 million barrels (~124,000 b/d) compared to inbound cargo of just 2.8 million barrels (~90,000 b/d). One year prior in August of 2012, the port was exporting just 2.8 million barrels (~90,000 b/d) and importing over 3 million barrels (~100,000 b/d). [Read more...]

Plains & Enterprise Announce Eagle Ford JV Pipeline Expansion

Partners Will Spend $120 Million to Increase Capacity to 470,000 b/d
Plains All American Eagle Ford Assets

Plains All American Eagle Ford Assets | Click to Enlarge

Plains All American and Enterprise Products are planning a $120 million expansion of the Eagle Ford JV Pipeline system. The expansion will increase the pipeline’s capacity to 470,000 b/d of light and medium crude grades, as well as increase storage capacity in Corpus Christi, Gardendale, and Tilden by 2.3 million barrels. [Read more...]

5 Tips for Making the Most of an Oil & Gas Conference & Expo

Conferences Are Hard Work, But Don't Shy Away From Maximizing the Value of Attending

Let’s be honest. Conferences are expensive. Very expensive – Registration fees, airfare, auto rental, food – and maybe most of all your time and associated opportunity costs. The list goes on.

Both DUG Eagle Ford in San Antonio and the South Texas Oilfield Expo in Corpus Christi are September 18-19, and I know some of you are going to attempt to attend both. Make the most of it.

How much business comes from a conference won’t be known until months down the road, but you can make sure you get the most out of the event with the following tips.

Learn more about maximizing your Eagle Ford Advertising

1. Take Notes (It’s obvious. You know it and still don’t do it.)

Some people call it paralysis by analysis. Conferences are packed full of content and you’re meeting new people.  It’s easy to overlook the fact that you’ll forget most of what you learn before the day is over.

Smart phones make this easy. Use the notes function on your phone or download an app like Evernote that makes taking notes and sharing them across devices very easy.

2. Don’t Make Every Conversation & Presentation a Page of Notes

If you are there to learn, write down 1-3 takeaways from each presentation or conversation.

Seriously. For a lot of people, this is why they don’t take notes. It’s overwhelming and it shouldn’t be. If it’s more than you can read in a glance, it is too much.

If you are there to meet business contacts, get their business card and write 1-3 things about your conversation on the back of it.

It’s amazing how a lead can seem hot at a conference and a few days later you don’t even remember their face….err, or they yours.

In your notes, star or highlight the most important things you don’t want to miss a week later (your top 10%).

3. Create a Plan & Don’t Follow It

It sounds crazy, but most conferences have a structure you should plan around. With that, the conversations in the coffee line or at lunch are often the best.

When you see people wearing a company logo or standing at a company booth you are interested in, introduce yourself.  Serendipitous, unplanned meetings are one of the often missed benefits of a conference. Miss the next presentation if the person is a potential business contact.

Two tips:

  • Quality contacts will last longer and be more valuable than any piece of information learned in one of the presentations
  • Go to the breakout rooms after the presentations you’re most interested in. It’s a less intimidating setting for the presenter and is where they will let down their guard. The result is you get real answers and not prepared remarks (the company line).

Are you advertising online to complement and bolster your marketing and sales efforts? EagleFordShale.com reaches more than 50,000 readers each month and more than 500,000 unique readers each year. Online advertising demonstrates you and your company understand the “constant on” and mobile device world in which we live.


4. Follow Up With Contacts In Real Time

My experience is that people only follow up with a fraction of the people they meet. It is hard to remember every person and every conversation. Add a time element to a fuzzy memory and we don’t act or we send a canned (copy and paste) email that isn’t personal and it’s hardly effective.

Use an app like LinkedIn’s CardMunch to take a picture of business cards and have information automatically imported into your contact list. You can add the person as a LinkedIn contact straight from the app.

Send a follow up email when you are on a break or when you get to the hotel. If you don’t, the statistics indicate you won’t.

5. Use Social Media At The Conference

I’m not a natural at social media, so don’t expect anything revolutionary from me. What I can say is that the world is on social media and the oil & gas industry is too.

Let me repeat that another way. YOU are on Facebook and use social media in some capacity, so it’s not just people that have too much time on their hands.

I’ve seen everything from small transactions to major business leads come through the likes of Facebook, LinkedIn, and Twitter. These connections are happening every day.

My top three “getting started” social media tips are:

  • Use LinkedIn and Facebook status updates to tell professional contacts and friends you are going to a conference. You’ll be surprised. Someone you went to high school or college with is in the oil & gas industry and will comment.
  • Use Twitter to get real time updates at the conference. The event sponsor and many of the attendees will use Twitter while they are there. There is no reason you shouldn’t learn from them in real time.
  • If you’re naturally social (a salesperson) or you handle marketing for your company, you should be using social media at the conference. Share photos, details about events you are involved in, and interact with the other people at the conference.

We hope the tips above make your next conference the most valuable to date. If you have more ideas, please share them in the comments below.

Let us know if you plan to attend an Eagle Ford Conference soon (Contact Us Here). We’ll be sure to stop by your booth to introduce ourselves.

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