Demand from IMO 2020, a crazy-productive Permian and a midstream sector scampering to keep up will combine to fuel a red-hot industry in 2019.
There is one active rig drilling two horizontal Haynesville wells there. Producer plans to drill additional wells in 2016. Minimal capital cost was required to facilitate delivery into Azure’s gathering system.
Supply for the new terminal, located along the Houston Ship Channel, will be sourced from Enterprise’s NGL fractionation and storage complex in Mont Belvieu, Texas, and transported through a 24-inch diameter pipeline currently under construction.