DALLAS—Energy Transfer Sept. 1 announced the completion of its Lone Star Express Pipeline expansion project, which was a major part of Energy Transfer’s 2020 capital program. The project, delivered on budget and ahead of schedule adds over 400,000 barrels per day (bbl/d) of NGL capacity to Energy Transfer’s existing Lone Star NGL pipeline system in Texas.
The new 352-mile, 24-inch pipeline originates in Winkler County, Texas, and connects into the existing Lone Star Express 30-inch pipeline at the Morgan Junction in Bosque County, Texas, south of Fort Worth. It will provide shippers additional connectivity out of the Permian and Delaware basins, further encouraging the recovery of production and jobs underway in the region.
The Lone Star pipeline system ultimately connects into Energy Transfer’s Mont Belvieu, Texas facility, an integrated liquids storage and fractionation facility along the U.S. Gulf Coast with strategic connectivity to over 35 petrochemical plants, refineries, fractionators and third-party pipelines. Energy Transfer's seventh fractionator at Mont Belvieu was brought online earlier this year, bringing the partnership's total fractionation capacity to more than 900,000 bbl/d.
The Railroad Commission of Texas plugged 1,477 abandoned oil and gas wells in fiscal-year 2020, which ended on Aug. 31, exceeding its target for the fourth straight year.
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The oil and gas rig count, an early indicator of future output, rose six to 261 in the week to Sep. 25, energy services firm Baker Hughes said in its closely followed report.