Clayton Dennis

Coming off of #NPE, I thought I would share a podcast that our market experts on European and African PP and PE hosted back on May 9th. Big changes happening in Europe especially with ExxonMobil and SABIC crackers being closed and LyondellBassell's announcement to review all European polymer and olefin assets. Want to know more about the market landscape for these two key commodities? Take a listen, https://lnkd.in/g34F5hx2 #ICIS, #Polyethylene, #Polypropylene

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🔸ACQUISITION: Voyager Midstream Acquires East TX #NaturalGas Gathering & Processing Assets From Phillips 66- Read More: https://lnkd.in/g98fzFbS ❗ Transaction Includes: 👉 550 miles of natural gas pipelines and associated compression 👉 400 million cubic feet per day of active cryogenic gas processing capacity 👉 12,000 barrels per day of liquids fractionation capacity

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At yesterday's hearing in Amarillo, Messer was granted a temporary injunction that gives it continued access to the Crude Helium Enrichment Unit while negotiations with Cliffside Refiners LP continue. The Messer press release is below. I am not clear on the duration of time that Messer has been granted to negotiate a deal. Messer Continues to Provide Access to Helium for Key Industries PR Newswire BRIDGEWATER, N.J., Sept. 12, 2024 Messer Helium Cliffside will continue to operate the CHEU while negotiating a long-term agreement BRIDGEWATER, N.J., Sept. 12, 2024 /PRNewswire/ -- Yesterday, the 108th District Court in Potter County, Texas granted a temporary injunction to Messer Helium Cliffside LLC (MHC), allowing MHC continued access to the Crude Helium Enrichment Unit (CHEU), the central piece of machinery that extracts helium from the former federal Helium System. The injunction will enable MHC and Cliffside Refiners, L.P. (CRLP) to negotiate terms regarding the CHEU while continuing to operate, meeting the helium needs of multiple industries and the American public.  "We are pleased with the outcome of today's ruling, which is a positive step toward a stable and reliable helium market in the US," said Chris Ebeling, Messer's Executive Vice President, Sales & Marketing, North America. "We will work to negotiate a long-term agreement in good faith with the CRLP and expect all partners to put the best interest of the partnership before individual commercial interests to protect long-term continued supply of this valuable resource." If a reasonable commercial solution is not reached between MHC and the CRLP, the domestic helium supply could be threatened, which may impact multiple industries that the American people depend on, including health care and electronics. Global access to helium from the largest international suppliers, Russia and Qatar, will remain tenuous if sanctions persist and unrest in the Middle East escalates. Disruption to domestic helium supply and increased volatility in the global helium market could hurt the American economy. MHC is committed to the ongoing, safe and reliable operation of the CHEU to facilitate the continuous supply of helium, which plays a pivotal role in the nation's health and security.

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If you are in the State of #Texas, in the #oilandgas industry, and responsible for #environmentalcompliance, you will want to take this class! Join Katie Jeziorski and Roshani Cowmeadow, PhD for this fast-paced one-day course that gives you all of the things you need to know for you and your company to be in compliance with these complex regulations and rules. https://lnkd.in/gC827f4R #environmentalcompliance #environmentalconsulting

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Discover the Value of Your Oil & Gas Interests with Oklahoma Energy Partners, LLC At Oklahoma Energy Partners, LLC, we specialize in acquiring minerals, royalties, leasehold, and working interest in multiple basins across the United States. Whether you’re looking to sell your oil and gas assets or explore options, we provide a transparent and seamless process to unlock the full value of your interests. ✅ What We’re Buying: • Minerals • Royalties • Leasehold • Working Interest We’re committed to building long-term relationships with owners, offering competitive evaluations backed by proven data and extensive of experience in the oil and gas industry. 💡 Ready to discuss your options? Contact us today to learn how we can help you achieve your goals. 📲 Visit us at www.okenergypartners.com to learn more or reach out to our team directly. Let’s work together to maximize your value! #OilAndGas #EnergyPartners #MineralRights #Royalties #EnergyAcquisitions #OklahomaEnergy #IndustryExperts

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The recent testimony from ERCOT President and CEO Pablo Vegas before the Texas Senate Business and Commerce Committee has highlighted a critical challenge for our state: the need for a massive increase in generation capacity to meet rapidly rising demand. With ERCOT now projecting that Texas will need 150,000 MW by 2030, driven significantly by AI data centers and crypto-mining, the stakes have never been higher. This surge in demand underscores the importance of efficiency and sustainability in managing data centers. At Divcon Controls, we understand that the backbone of a reliable and efficient data center is a robust Building Management System (BMS). . With the power grid under unprecedented strain, partnering with a leading BMS provider like Divcon Controls is not just a smart choice—it's an essential one. Together, we can navigate these challenges and ensure that our data centers contribute positively to Texas’s energy future. #EnergyEfficiency #Sustainability #DataCenters #BuildingManagement #TexasPowerGrid #DIVCONControls #ERCOT https://lnkd.in/gSMVFd6h

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At StratoChem Services, we're getting ready for increased operating costs & higher tariffs on supplies! That means over-filling backstock for StratoKits, *heavily* reworking the budget for next year, and going to tax webinars to figure out how else to offset rising costs in a small business setting -- all while continuing to support employees as their cost of living is set to increase, as well. It's going to be interesting, but we're poised to ride the changing waves, as we have for ~40 years. What are you doing to prepare that you think others should know about/consider? Share below!

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Our market research team will publish about 2000 pages of refreshed OFS market analysis this month. For North America, the frac market is the canary in the coal mine - that one huge market illustrates what is happening throughout the NoAm oilfield. This chart, for example, is our view of revenues generated by each of the frac service companies from 2019 through 2025. What is not obvious is the total market share of the 4 largest frac service providers each year, but that progression of combined market share looks a lot like the trend in oil production market share by the largest US oil companies. In 2019 the 4 largest frac service providers had (combined) 50% of the NoAm frac market. In 2022, 60%. In 2025, 70%. If you go back 45 years ago when I was running a red blender, the 4 largest frac service companies combined had about 80% of the NoAm market.

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What do you think it takes to run a successful oilfield business in West Texas? When we made our full length documentary to commemorate BP Supply's 40 Years in business, our CEO, Chris Parnell, was asked what it takes to be successful in this industry in West Texas. This was his reply. You can watch the full length documentary on our website on the About Us page. So what do you think it takes? #energyindustry #permianbasin #oilfield #business

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Last week’s Energy Class in Houston conducted by RBN Energy, LLC revealed the continuing trend of increased global consumption of crude oil, “NGL’s” ( i.e. Natural Gas Liquids ) and Liquified Natural Gas even as the supply of renewable energy and number of EV’s increase. The U.S. will continue to play a pivotal role in meeting this global demand. The irony of increased consumption of hydrocarbons despite increases in renewable energy might best be explained by Jevon’s Paradox which asserts “in the long term, an increase in efficiency in resource use will generate an increase in resource consumption rather than a decrease.” Shrieve’s synthetic compressor lubricant technology will continue to play a pivotal roll in the production of NGL’s. #SHRIEVE

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Accuracy is everything. Had the pleasure of having one of the most easy, productive, and collaborative conversations with one of our industry’s brightest minds Steven Ko. From his chemical engineering background, to formerly the VP of Completions of EQT Corporation, to his current role at Rivitt(if you don’t know of Rivitt I suggest you spend some time and look into them; impressive stuff) Steven reminded me of something that the majority tend to forget. Which was a breath of fresh air in my opinion to hear. Without accuracy, and without the professionals in the engineering space that actually care about the accuracy of the data we are putting together. What are we really trying to accomplish? The reality is the paradigms has shifted. It used to be drilling the well was the most important aspect. But there is a stronger argument to be made on the fact it’s the completions processes that are the most important. From the Frac to the drillout. There is nothing more important than accuracy for the Frac in the formation. Yet how can we have accuracy when E&P’s have gotten accustomed to the status-quo of inaccurate information without pushing for better, more accurate, innovation? We talk about K factors, SOP’s, recalibrations of surface equipment and the list goes on. What those small changes can do for the accuracy and our industry as a whole. We have engineers in the labs spending thousands and thousands of man hours doing sampling to get the most accurate information possible. But is any of it being done in the field? Those of us who have spent extensive time in the field do know the answer. It’s disappointing. While the automated acid blending system dubbed #AcidCannon I designed, developed, and patented is just the start of what goals I have. I(along with Steven and several others I know) want to change the perspective that we have when we look at the completions “eco system”. Mine is just a small part of innovation. Upwards and onwards. But the start happens at the discussions/conversations that’s where we truly begin to make change happen.

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Robust solutions to protect steel and concrete structures in harsh and corrosive environments.

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A lack of pipeline capacity has kept natural gas prices negative in the Permian for almost half of 2024 so far. A new pipeline soon to come online is about to change that. The extra transport capacity could motivate shale producers to increase oil production--at a time when the world has a lot of the stuff coming out of the ground.

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Give Kevin a call. Learn how PTL can help your business with value and savings.

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What happens when you eliminate routine flaring? You improve your efficiency, image, and your bottom line. Read the blog to learn how you can end routine flaring now https://bit.ly/4bMDcM5 #oilandgas

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By performing comprehensive HYSYS modeling, JEPCO helped a Gulf Coast refinery increase its daily production by 10,000 barrels. Need help debottlenecking a crude unit? Bolster your bottom line through our experience evaluating heaters, updating BMS, replacing exchangers and more. #refining #engineering #processengineering #JEPCO #JōbEPCCompany

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Excited to share some insights on the importance of relief system analysis in ensuring both compliance and safety. If you’re looking to enhance the safety of your facility and streamline your documentation process, let’s connect and explore how we can support your goals.

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