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DT Midstream’s LEAP Phase 2 pipeline expansion project reached an earlier-than-scheduled mechanical completion on Dec. 6, the company announced, meaning the 400 MMcf/d of new capacity on the line should be available on Jan. 1.
The LEAP pipeline is a 155-mile high-pressure lateral line that collects gas in a network from primarily the Louisiana side of the Haynesville Shale and delivers it to facilities on the Louisiana Gulf Coast. The line serves several petrochemical facilities, but the expansion will be available to support LNG export facilities under construction.
The company also completed its LEAP Phase 1 project ahead of schedule, opening it to service in September. The expansion added 300 MMcf/d of capacity on the line, which has been filled almost immediately, according to East Daley Analytics.
Phase 2 raises total LEAP capacity to 1.7 Bcf/d. DTM expects to start Phase 3, adding another 200 MMcf/d in the second half of 2024.
2023-12-18 - The Red Sea attacks have begun to affect energy shipments, with BP temporarily pausing all transits through the Red Sea and oil tanker group Frontline avoiding passages through the waterway.
2024-01-17 - Escalating tensions in the Red Sea heighten the potential for shipment disruptions and major impact on energy markets.
2023-12-18 - A Norwegian-owned vessel was attacked in the Red Sea on Dec. 18, causing shipping firms to avoid the route.
2024-01-22 - Geopolitical risks continue to increase, but Stratas Advisors' John Paisie expects the oil market will stay steady unless conflicts create a material impact on oil flows.
2024-01-08 - Chevron and Exxon are set to write off billions of dollars worth of California assets because of strict laws and regulations that the companies say won’t change oil consumption but will shift profits to foreign producers such as Saudi Arabia.