U.S. exports of natural gas to Mexico eased somewhat after a record June 2021, which saw shipments above 7 Bcf/d occur multiple times, the high mark set on June 17 of 7.4 Bcf. Since February 2022, however, exports have crept up each month and totaled about 176 Bcf in April for an average of about 5.9 Bcf/d.
Two cross-border pipelines have driven growth in U.S. gas exports to Mexico.
Energy Transfer Partners’ Trans-Pecos Pipeline originates at the Waha Hub in the Delaware Basin and delivers natural gas to the U.S. border at Presidio, Texas, into the Wahalajara pipeline system. On the Gulf Coast, Enbridge Inc.’s Valley Crossing Pipeline on the Texas side of the border delivers gas to the Sur de Texas-Tuxpan Pipeline in Mexico, which is operated by a unit of TC Energy Corp.
2022-09-28 - Here’s a quicklist of oil and gas assets on the market including a Continental Resources North STACK 200-well package in Oklahoma plus Texegy Royalty Austin Chalk minerals for lease in Louisiana.
2022-07-21 - Harvest Midstream announced on July 20 the signing, funding and closing of a transaction to purchase the remaining interest of Arrowhead Gulf Coast Holdings LLC, a critical network of pipelines and terminals serving the Louisiana refinery market and regional production.
2022-07-19 - Overland Minerals & Royalties LLC et al retained EnergyNet for the sale of a Bakken Shale / Three Forks well package in North Dakota’s Dunn County.
2022-07-20 - Here’s a quicklist of oil and gas assets on the market including an Abraxas Petroleum Delaware Basin opportunity in Pecos County, Texas, plus an Excess Energy multibasin royalty divestiture.
2022-07-20 - Here’s a snapshot of recent energy deals including the acquisition by ConocoPhillips of a stake in a Texas LNG project plus a $307 million stock-for-stock deal by Houston’s VAALCO Energy.