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Released June 11, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PRODUCTION
Activity at Spraberry Play Heats Up - Over the past week, some 25 companies filed for 149 drilling permits targeting the Permian Basin's Spraberry field, accounting for more than half of all applications filed with the Railroad Commission of Texas. (Houston Chronicle)
Texas Drillers Pump Natural Gas Down Wells - This Bloomberg article discusses how Texas drillers may have found a solution to the stubborn natural gas glut that's forced them to either burn it off into the air, or pay others to take it away. At least five producers, led by EOG Resources Incorporated (NYSE:EOG), are experimenting with shooting highly-pressurized natural gas into past-their-prime wells that have seen their output slip. The wells are then capped to build up pressure inside with the aim of dislodging any oil still hiding in the rock. (Bloomberg)
PIPELINES
Phillips 66, Bridger to Build Liberty Pipeline - Phillips 66 (NYSE:PSX) and Bridger Pipeline LLC announced that they have formed a 50/50 joint venture, Liberty Pipeline LLC, and are proceeding with construction of the Liberty Pipeline. The 24-inch pipeline will provide crude oil transportation service from the Rockies and Bakken production areas to Cushing, Oklahoma. (Projects 300495729, 300495724, 300494834, 300495697, 300495737, 300495734) (Business Wire)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, eight offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
PRODUCTION
Activity at Spraberry Play Heats Up - Over the past week, some 25 companies filed for 149 drilling permits targeting the Permian Basin's Spraberry field, accounting for more than half of all applications filed with the Railroad Commission of Texas. (Houston Chronicle)
Texas Drillers Pump Natural Gas Down Wells - This Bloomberg article discusses how Texas drillers may have found a solution to the stubborn natural gas glut that's forced them to either burn it off into the air, or pay others to take it away. At least five producers, led by EOG Resources Incorporated (NYSE:EOG), are experimenting with shooting highly-pressurized natural gas into past-their-prime wells that have seen their output slip. The wells are then capped to build up pressure inside with the aim of dislodging any oil still hiding in the rock. (Bloomberg)
PIPELINES
Phillips 66, Bridger to Build Liberty Pipeline - Phillips 66 (NYSE:PSX) and Bridger Pipeline LLC announced that they have formed a 50/50 joint venture, Liberty Pipeline LLC, and are proceeding with construction of the Liberty Pipeline. The 24-inch pipeline will provide crude oil transportation service from the Rockies and Bakken production areas to Cushing, Oklahoma. (Projects 300495729, 300495724, 300494834, 300495697, 300495737, 300495734) (Business Wire)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, eight offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
