Copano Energy’s Margins Grow With Eagle Ford Volumes

Copano Energy’s margins are growing as the company expands its footprint in the Eagle Ford Shale. Higher NGL prices along with increased throughput are the primary drivers for the increase.

Copano Energy is one of the most active midstream companies in the Eagle Ford Shale. The company operates assets and owns a 50% interest in an Eagle Ford Gathering Joint Venture with Kinder Morgan. In total, the company has plans to invest more than $500 million in more than 1 Bcf/d of pipeline and processing capacity.  [Read more…]

Gulf Coast Refineries Supported by Eagle Ford Crude

Gulf Coast refineries are increasing margins as they absorb more domestic crude from the Eagle Ford Shale. Lighter crudes and condensates produced in the Eagle Ford directly offset imports to the Gulf Coast Region. For those counting, that means more jobs in the U.S.

Light crude can be refined into products more easily than many of the heavy crudes imported from South America. Easier means cheaper, which in turn makes Gulf Coast refineries more competitive on a global basis. If you’ve missed the past few years, owning a refinery hasn’t been the best of the business world. Production expectations from shales and a lighter crude slate look to be shifting the winds for refineries.  [Read more…]