Oil & Gas Journal’s Post

The Permian Basin, a major U.S. energy hub, is set for significant growth in oil and natural gas production by late 2024. This expansion is driven by the new Matterhorn Express pipeline, which will increase natural gas transportation capacity. This pipeline not only boosts the efficiency of resource movement but also strengthens U.S. energy security by reducing reliance on foreign energy. As infrastructure advances, the Permian Basin continues to lead in shaping the future of energy production and sustainability. Read more at https://lnkd.in/e3UYYPrq #SpartanRoarBLOG

✅ Energy Transfer has reached a positive final investment decision on Permian Basin Pipeline. Energy Transfer has reached FID for the construction of an intrastate natural gas pipeline connecting Permian Basin production to premier markets and trading hubs. The large-diameter pipeline, previously called the Warrior Pipeline, will be renamed the Hugh Brinson Pipeline. The pipeline will provide much-needed transportation capacity out of the Permian Basin to serve growing natural gas demand, the partnership said in a news release. Source 👉 https://lnkd.in/e9r5Bsjm #Midstream #EnergyTransfer #Gas #Pipelines

The Matterhorn Express Pipeline, due to begin service in September, will significantly increase natural gas pipeline capacity in the Permian Basin, according to a new analysis from the U.S. Energy Information Administration. This new capacity will be able to transport natural gas currently “locked up” in the Waha region to domestic and international customers, and consequently could help stabilize regional pricing dynamics in the Waha region. https://lnkd.in/dy3DaEUp

Explosive growth leaves ISOs and RTOs uncertain as to the range of new power supplies as TVA projects somewhere between 4 GW and 19 GW of new firm generation and CCS. Building out stationary power plants in an uncertain market can create massive stranded risks for developers and investors. Non-stationary power generation may be the hedge. #powerbarge #reliablepower #temporarypower #emergencypower #rentalpower #powerplant #gasturbine #oilandgas #powergeneration #utilities #infrastructure #resilience #shorepower #mining #siemensenergy  #gevernova #Mitsubishi #Solar #DataCenters #Louisiana #NewOrleans #BatonRouge #PortFourchon #Texas #Houston #Victoria #Galveston #Centerpoint #Ohio #Indiana #Mississippi #Kentucky #Tennessee #Missouri #Entergy #AEP #Ameren #ERCOT #PREPA #FEMA #USACE #SERC #TVA #MISO #SPP #PJM #NYISO #ISONE #NERC #FERC #CAISO 

Energy Transfer to build #natgas pipeline in Texas amid soaring Permian production 👉 First phase, with a capacity of 1.5 bcf/day, could be ready by end of 2026. Read more👉 https://lnkd.in/dhNQG9Tc #energy #naturalgas

A handful of oil and gas operators that process, store and transport natural gas in the US Permian Basin may be responsible for the lion’s share of major methane emissions events there, according to an analysis of satellite data by BloombergNEF. Assets operated by West Texas Gas, Enterprise Products, Energy Transfer and Targa Resources, or their subsidiaries, were likely responsible for the majority of methane releases with estimated emissions rates of 100 kilograms an hour or more — so-called super-emitters — observed in the nine months through February of this year. The analysis from my colleague Maria-Olivia T. is one of the first to attribute hundreds of individual methane observations from satellites to individual assets and operators and shows that a small group of companies and assets appear to be responsible for significant and mostly avoidable methane emissions. The study relied on data from the United Nations' International Methane Emissions Observatory - IMEO, which analyzes observations from multiple satellite systems and notifies governments and operators in an effort to halt leaks. Read more in my latest for Bloomberg Green through the gift link below: https://lnkd.in/gA-_GdxH #permian #energy #gas #methane #superemitters #ghgs #Earthobservation

#Methane #NaturalGas #USA #Texas #PermianBasin #BloombergBNEF #WestTexasGas #EnterpriseProductsPartners #EnergyTransfer #TargaResources #UnitedNations #InternationalMethaneEmissionsObservatory "... Assets operated by West Texas Gas, Enterprise Products Partners LP, Energy Transfer LP and Targa Resources Corp., or their subsidiaries, were likely responsible for the majority of methane releases with estimated emissions rates of 100 kilograms an hour or more — so-called super-emitters — observed in the nine months through February of this year. ... Targa will review the data provided by Bloomberg and it will be “acted upon when appropriate,” the company said in a statement. Targa is making “significant progress” on methane reduction efforts and reported a 42% cut in emissions to the US Environmental Protection Agency in 2022, the latest year of complete data. Enterprise said it’s reviewing the data and if necessary will take appropriate action. West Texas Gas and Energy Transfer didn’t immediately respond to requests for comment. A new law charges large oil and gas companies for excessive methane emissions, beginning at $900 per metric ton this year and increasing to $1,200 a ton next year and $1,500 after that. The EPA is working on rules that would incorporate findings from super-emitter events when calculating the fee. The regulations also include some caveats like a provision that allows operators to effectively apply emissions credits from some lower-emitting assets to facilities that exceed limits. The process is known as netting emissions and may allow some operators to avoid paying the fees. ... The BNEF analysis is one of the first to attribute hundreds of individual methane observations from satellites to individual assets and operators. The study relied on data from the United Nations’ International Methane Emissions Observatory, which analyzes observations from multiple satellite systems and notifies governments and operators in an effort to halt leaks. The observations are released with a 45 to 75 day lag post-detection, although the agency doesn’t publicly attribute emissions to individual assets or operators."

Texas has officially approved the Permian Basin Reliability Plan, a major initiative designed to upgrade the electric grid in the Permian Basin. The project aims to strengthen infrastructure to meet rising energy needs. Key Points: Projected Demand: Expected to reach 26 GW by 2038. This is about one-third of Texas' current peak summer electricity usage, highlighting the region's fast-growing energy needs. Investment: Estimated costs range between $12.95 billion and $15.32 billion. Impact: The plan is crucial for supporting the booming oil and gas sector, data centres, and other emerging industries in the region. By upgrading its infrastructure, Texas is showing a strong commitment to keeping up with future energy needs, while also backing key industries that play a crucial role in the state’s economy.

Permian Basin Gas Production Pushes Limits – Infrastructure Expansion Needed! The #PermianBasin’s rapid #gas production is putting existing infrastructure to the test. Despite fluctuating natural gas prices, demand for expanded capacity continues to rise. Nigel Gorbold of East Daley Analytics shared insights at Hart Energy's A&D Strategies conference, noting that even new pipelines like the Matterhorn Express, which reached 1.5 Bcf/d within a month, are filling up quickly. With AI, LNG exports, and #energy-hungry data centers set to drive additional demand—up to 7.4 Bcf/d by 2030—the energy sector needs more infrastructure to keep pace. Upcoming projects, like the Blackcomb and Trident #pipelines, aim to address this gap. However, the challenge remains complex, as regions like Appalachia face regulatory hurdles, slowing down progress. 💬 What do you think is the biggest barrier to achieving energy market balance in the U.S.? Read more here: https://lnkd.in/d5sW3_tE Rextag's Energy DataLink: One app to meet your energy research needs Try it for FREE: https://lnkd.in/dKNs58He

ICYMI: Energy Transfer and Sunoco create a #jointventure to optimize their crude #oil and water gathering assets in the Permian Basin. L’article Energy Transfer and Sunoco combine their crude assets in the Permian Basin est apparu en premier sur energynews.