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.
2023-09-01 - U.S. field production of crude oil rose 1.6% in June to 12.844 MMbbl/d, the highest since February 2020, before the coronavirus pandemic destroyed demand for fuel and other oil products, the Energy Information Administration said on Aug. 31.
2023-07-18 - Oil and gas production is slated to fall in regions across the nation in August, including the Permian Basin, according to new EIA figures.
2023-07-13 - U.S. natural gas prices are expected to get a lift later this year while WTI crude prices stay relatively flat, according to the latest outlook by the U.S. Energy Information Administration.
2023-09-07 - All LNG output from the Woodfibre LNG export facility is now committed for sale to BP.
2023-08-04 - A panel meeting of the top ministers of OPEC+ has kept oil output policy unchanged on Aug. 4, two OPEC+ sources said. The panel, called the Joint Ministerial Monitoring Committee, includes ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known as OPEC+. "Nothing new," one of the sources said.