Thursday, April 26, 2018

Texas News

Borr Drilling Cuts Jobs in Texas

Photo: Borr Drilling

Offshore rig operator Borr Drilling cut 66 jobs in Texas at the end of March, according to a state regulatory notice, as the company prepared to close on its purchase of Paragon Offshore.The filing with the Texas Workforce Commission did not provide a reason for the layoffs.A Borr representative was not immediately available for comment.Borr…

Texas LNG Inks Non-Binding Deals with Foreign Buyers

An LNG Carrier at Sea (CREDIT: MISC)

Six out of 8 potential buyers have LNG terminals. Texas LNG has signed eight non-binding deals with potential buyers of liquefied natural gas (LNG) in China, southeast Asia and Europe, the company's chief executive said on Wednesday. They include five in China, two in southeast Asia and one in Europe, said Vivek Chandra…

WRS Appoints Ferrier VP, Texas Operations

Rex Ferrier

Wellsite Rental Services, LLC (WRS), a comprehensive, rental equipment provider for the drilling and production sectors of the oil and gas industry, has appointed Rex Ferrier as vice president - Texas operations. Ferrier joins Wellsite Rental Services with more than 36 years of experience in the oil and gas services business.

Freeport LNG Delays Start of Texas Export Terminal

(Photo: Freeport LNG)

Freeport LNG, a privately held U.S. liquefied natural gas company, said on Thursday it pushed back the projected start date for its $13 billion export terminal under construction in Texas by about nine months to around Sept. 1, 2019.Freeport LNG now expects the first liquefaction train to enter service around Sept.

Texas Drilling Permits Fell in March, Completions Rise

© Natalia Bratslavsky / Adobe Stock

Texas's energy regulator issued fewer new drilling permits in March than a year ago, but well completions rose, according to data released on Friday by the state.A total of 1,220 original permits were issued last month, down about 7 percent from the same time last year. Roughly half of the permits were for oil and gas wells in the Midland area…

Cheniere Mulls Third Liquefaction Train at Corpus Christi

(File image: Cheniere Energy)

U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi LNG export facility in Texas in the first half of 2018:Cheniere said on Friday its Cheniere Corpus Christi Holdings LLC subsidiary engaged…

Cushing's Market Clout Wanes Amid U.S. Crude Export Boom

File Image (CREDIT: AdobeStock / © mikesjc)

The volume of oil sitting in 300 steel tanks in a nine-square-mile radius in Cushing, Oklahoma has long been a key barometer for the health of U.S. crude supply and the nation's benchmark for daily trading of billions of dollars in the commodity. But those tanks could soon drain to levels near effectively empty, even as U.S.

Texas LNG Gets Approval To Export LNG To FTA countries

Texas LNG’s liquefaction plan at its 110 acre complex at the Port of Brownsville

Texas LNG LLC today announced that it has received authorization from the U.S. Department of Energy (DOE) to export domestically produced LNG to all existing, and any future, countries that have, or enter into, an FTA with the Government of the United States. DOE approval of FTA exports is an important component…

Texas LNG’s Brownsville Project Progressing

Artist impression depicting Texas LNG’s planned liquefaction facilities. (Image courtesy of Texas LNG Brownsville LLC)

Texas LNG appoints BNP Paribas as financial adviser for Brownsville LNG project, progresses FERC pre-filing process and completes over 60 percent of front end engineering and Design for facility. Texas LNG Brownsville LLC announced that BNP Paribas has been appointed as financial adviser for the Brownsville project.

Porter Voices Concerns Over Texas Pipelines

Commissioner David Porter

Commissioner David Porter of the Texas Railroad Commission (RRC) Tuesday visited several south Texas border oil and gas facilities and pipeline rights-of-way to meet with field staff, operators, law enforcement and security officials to examine the vulnerability of Texas’ critical industry infrastructure. "While…

Texas LNG Continues Progress in Regulatory Process

Texas LNG Brownsville LLC announced that on May 14, 2015, Resource Reports #1 and #10 were submitted to the Federal Energy Regulatory Commission (FERC) in accordance with the FERC NEPA Pre-fling process schedule for the proposed liquefied natural gas (LNG) export facility in Brownsville, Texas. Resource Report…

Texas Oil Patches Brace for More Rains, Possible Floods

Texas oilfields could see strong rains and thunderstorms later this week, though they were spared the heaviest flooding that struck central and eastern Texas over the Memorial Day weekend, the National Weather Service said on Tuesday. There were reports of flooded roads in parts of the Permian Basin of west Texas and swollen creeks in the Eagle Ford shale area of south Texas…

US Drillers Add Oil Rigs for Third Consecutive Week

© FerrezFrames / Adobe Stock

U.S. energy companies added oil rigs for a third week in a row as energy firms follow through on plans to spend more on drilling this year with crude prices near three-year highs.Drillers added five oil rigs in the week to April 20, bringing the total count to 820, the highest level since March 2015, General…

VBR Opens 2nd Distribution Center in Texas

VBR Rams (Photo: VBR)

Variable Bore Rams, Inc. (VBR), one of the largest original equipment manufacturers (OEM) in the world, has expanded with a new distribution center in Midland, Texas, company president Hines M. “Chip” Marshall Jr. announced. The new facility will improve response time in New Mexico, Oklahoma and West Texas by…

Tropical Storm Bill Pelts Texas Coast

Tropical Storm Bill punched the Texas coast with heavy rains and strong winds on Tuesday, the National Weather Service said, just three weeks after floods killed about 30 people in the state. The second named tropical storm of the 2015 Atlantic hurricane season made landfall near Matagorda, a sportfishing town near the South Texas Nuclear Generating Station in Bay City…

Enterprise Starts Service on Texas Crude Pipeline

Enterprise Products Partners is now shipping crude on its 480,000 barrels per day Rancho II pipeline from Sealy, Texas to its Echo terminal, in Houston, Texas. The pipeline was originally slated for completion in the July, but a start date was pushed back to the third quarter. Construction on the line finished at the end of August, according to a company spokesperson.

Explosion Hits Anadarko Gas Plant in Texas, Two Injured

An explosion and fire rocked the Ramsey natural gas plant in West Texas on Thursday, injuring at least two people and prompting evacuations, according to a company official and media reports.   Natural gas feeds were shut off at the facility in Orla, Texas, owned by Western Gas Partners LP, a unit of Anadarko Petroleum Corp.     (Reporting By Anna Driver and Terry Wade)

Spectra Responding to Texas Eastern Pipeline Fire in Western Pennsylvania

Spectra Energy is responding to a fire along its Texas Eastern natural gas pipeline in Western Pennsylvania on Friday morning, according to a company spokesman. The company provided limited details, only saying the fire occurred in Salem Township, Pennsylvania, and that they have activated the company's emergency response plan.

Harvey Likely to Linger off Texas Coast

The center of Tropical Storm Harvey is likely to remain just off the coast of Texas through Tuesday night before moving inland over the northwestern Gulf of Mexico on Wednesday, the U.S. National Hurricane Center (NHC) said. The storm is not expected to further intensify before its center crosses the coast again within 36 hours or so, the NHC said.

Harvey's Rains Shut in More Refineries, Sending Fuel Prices Higher

U.S. fuel prices surged on Monday as two more Gulf Coast refiners cut output and a third considered reductions, leaving more than 13 percent of the country's refining capacity offline after Tropical Storm Harvey flooded plants and shut seaports. The storm swung back over the Gulf of Mexico on Monday and was…