Jude Hislop

Pipelines, tankers, barges convey fuels from Gulf Coast to East Coast

News

0.5 million b/d of transportation fuel shipped from Gulf Coast to Florida by coastwise-compliant tankers and barges The East Coast and Gulf Coast are highly dependent on each other to balance supply and consumption of transportation fuels, according to the US Energy Information Administration. East Coast transportation fuels (mainly gasoline, diesel, and jet fuel) consumption is met through

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Williams Partners executes agreements to serve 2 Gulf Coast LNG export facilities

News

Cheniere’s Corpus Christi export terminal is proposed to have up to five liquefaction trains TULSA, Okla.-Williams Partners L.P. announced today that it has executed long-term contracts with two shippers for Gulf Connector, a 475,000 dekatherm per day expansion of the Transco pipeline system to connect U.S. natural gas supplies with global liquefied natural gas (LNG)

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Oklahoma oil production up 100,000 b/d thanks to revised EIA survey

News

EIA switched from state data to direct sampling of 75% of Oklahoma oil production Oklahoma oil production is up 100,000 b/d thanks to a new survey methodology that more accurately measures industry’s output, says the US Energy Information Administration. EIA’s Petroleum Supply Monthly, published on Jan. 30, includes crude oil production estimates for Oklahoma based

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Pioneer Natural Resources reports $623 million Q4 loss

Energy Financial

Pioneer Natural Resources expects to place approximately 230 horizontal wells producing in Spraberry/Wolfcamp during 2016 Pioneer Natural Resources Company today reported financial and operating results for the quarter ended December 31, 2015, and announced the Company’s capital program for 2016. “The performance from our Spraberry/Wolfcamp horizontal drilling program continues to be outstanding,” said Scott D. Sheffield, chairman and

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Blackstone Energy Partners ventures into offshore oil & gas drilling services

Energy Financial

Blackstone Energy Partners partnered with most of former executive management team from Pride International Blackstone Energy Partners today announced that it has formed Clarion Offshore Partners LLC , a new platform to provide strategic solutions to the offshore oil and gas drilling and services sector, with a financial commitment from private equity funds managed by Blackstone.

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Permian Basin News: Initial production rates in tight oil formations continue to rise

News

Tight oil production in 3 (Eagle Ford, Bakken, and Niobrara) of 4 most productive regions  began to decline during 2015 Tight oil production in the United States increased from 2007 through April 2015, based on estimates in EIA’s Drilling Productivity Report (DPR), and accounted for more than half of total U.S. oil production in 2015. Tight oil growth

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