Midstream Business Magazine - May 2014
Cover Story
The Midstream Majors
The U.S. has created a whole new ball game for the domestic energy industry as MLPs capitalize on shale plays from the Monterey to the Marcellus.
Editor's Note
Pick One
When investing in MLPs, it's best to research several and pick one according to your forecast on what the market will do.
Construction Update
Condensate Moving The Market
Construction plans announced this spring indicate that condensate will be a major driver of capital spending in the midstream space this year.
Feature
Aggressive Antitrust
The antitrust division of the Department of Justice is expanding its focus into new areas, which could impact oil and gas M&A deals in the future.
An MLP Mission
Will the circle be unbroken? Eagle Ford royalty owners favor midstream investments.
Closing Bell
Marcellus Madness
Corrupción
With billions of dollars at stake, energy reform may quash corruption in Mexico.
Look! Up In The Sky…
Satellites providing images from space can assist midstream companies in early planning stages and to detect pipeline leaks.
Q&A: Clark C. Smith
A storied organization in the midstream, Buckeye employs internal initiatives to change its culture. The result: Success at making the most of an expanding industry.
Seismic Shifts
A new report from the INGAA Foundation forecasts heavy midstream investments throughout the sector for the next 20-plus years.
Sweet Sweeny
A vintage refining complex picks up steam, thanks to the midstream buildout.
This Side of Permian
A legendary basin’s fracking-induced revival generates a midstream buildout bonanza.
‘Success To Significance’
Midstream executive Jim Wales shows he can still learn a thing or two.
Alerian Index
Midstream Anchors MLP Space
The IRS enacted a temporary halt at the end of March in the issuance of MLP qualifying income private letter rulings until it conducts an internal committee review.
Finance Matters
To Export Or Not To Export
Although the U.S. ban on exporting crude oil has been in place for 40 years, talk of lifting the ban—or at least reducing some of its restrictions—is growing in volume.
News Flow
China now world's largest net oil, fuels importer
In September 2013, China’s net imports of petroleum and other liquids made it the largest net importer of crude oil and other liquid fuels in the world.
Crude-by-rail 'pushback'
The midstream sees growing opposition to crude-by-rail shipments from many sectors.
DOE's loan program office seeks next great idea
The Department of Energy’s Loan Programs Office is geared toward supporting cutting-edge technologies at stages where commercial investors hesitate.
Exec sounds alarm on Colorado ballot threat
The Colorado oil and gas industry faces a bitter fight at the polls over use of a drilling technology that has been shown to be safe for more than six decades.
Former energy secretary likes 'climate epidemiology'
Will climate change predictions go up in smoke?
Landrieu has high hopes for 'America’s energy coast'
Members of the male-dominated energy business seek out women’s assistance in Congress, and with a current Democratic majority in the Senate, it is Sen. Mary Landrieu from Louisiana who often hears from the industry.
Magellan's capacity boost eases pressure on Permian producers
Magellan Midstream Partners LP said it has now received regulatory approval to raise capacity on its Longhorn pipeline by 50,000 barrels per day (bbl/d) to 275,000 bbl/d.
Marcellus rigs utilize latest fueling technology
Rigs powered by natural gas engines tied to a virtual network of fit-for-purpose fueling modules are already hard at work in the Marcellus Shale.
Ports prepare for LNG-fueled future
A new survey by Lloyd’s Register of 22 major ports around the world finds that LNG will account for nearly one quarter of ship bunker fuel demand by 2025.
Shale plays skew map of U.S. reserves
Proved U.S. crude oil and lease condensate reserves continue recent ticks upward, reversing a years-long decline.
NGL Frac Spread
Gas, Liquids Storage Reloading Falters
NGL prices experienced an uptick in early April as storage levels remained lower than in past years for most products.
Transaction Update
Regency's Moveable Feast
Regency Energy Partners possesses a great appetite for growth, with a PVR Partners acquisition, a pending acquisition of midstream business with Eagle Rock Energy Partners and a Hoover Energy Partners acquisition.