Sentences with phrase «natural gas liquids»

And it is basically a combination of tar and volatile natural gas liquids.

Houston - based Enterprise Products Partners announced two pipeline expansions Thursday that will transport natural gas liquids from Colorado to a storage facility in Texas.

May 1 (Reuters)- Energy Transfer Partners LP (ETP) said on Monday it filed with Pennsylvania utility regulators on Friday to restart its Sunoco Mariner East 1 natural gas liquids pipeline and hopes the line will return to service this week.

With the development of shale gas and the surge in natural gas liquids supply, the U.S. has moved from being a high - cost producer of key petrochemicals and resins to among the lowest - cost producers globally.

Struggling just to break even, many capped their «dry» gas wells and focused on producing natural gas liquids such as butane and naphtha.

Gary Leach, president of the Explorers and Producers Association of Canada, says the price collapse forced Canadian firms to pivot into natural gas liquids such as propane and butane, whose prices remained more buoyant.

It also has trucks, trailers and railcars for transporting natural gas liquids, crude oil and carbon dioxide.

Two Asia - relevant front - runners in this Canadian family of natural - gas - derived hydrocarbons are processed natural gas liquids (NGLs) and methanol.

Crude oil and natural gas liquids production in shale plays provide the company with opportunities to extend its pipeline network and collect more attractive fee - based cash flows.

Serletis, Apostolos and Gogas, Periklis (1999): The North American natural gas liquids markets are chaotic.

Because bitumen is too thick to flow through pipelines, it is thinned with natural gas liquids and turned into dilbit, or diluted bitumen.

Chris Christopher also had a strong year and acted for Inter Pipeline in its C$ 1.3 bn acquisition of the Canadian natural gas liquids midstream business from Williams and also on its $ 527.5 m acquisition of the remaining 15 % interest in the Cold Lake pipeline system from Canadian Natural Resources.

According to the International Energy Agency (IEA) and the Bank of America, the United States is now the world's largest oil and natural gas liquids producer and will remain so for awhile, overtaking both Saudi Arabia and Russia.

At Gowling WLG, Lorne Rollheiser had a busy year; highlights included advising Plains Midstream Canada on its C$ 200m acquisition of Westcoast Energy's ownership interest in Spectra Energy's Canadian natural gas liquids business.

Elk Hills is the largest natural gas and natural gas liquids field in California, generating over half of the state's natural gas production.

This included 360 barrels per day of liquids, of which 60 % was made up of highly - prized condensate and the balance was other natural gas liquids.

«We believe that management needs to recognize that its view of both natural gas and natural gas liquids prices may be too optimistic and that it may not be as easy to raise the necessary cash via asset sales as it has been in the past.

The diluent, usually natural gas liquids, was valued at a premium to light oil in 2012 - 2013 of $ 13.88 / bbl, compared to an average since 2005 of $ 4.96 / bbl.

Other deals announced this week, including gas - processing arrangements between Encana Corp. and Keyera Corp. and between Birchcliff Energy Ltd. and AltaGas Ltd., will allow the producers to drill more wells targeting highly - valued natural gas liquids and associated gas in the Montney and Duvernay.

Winery owners have been stepping up their pressure on Gov. Andrew Cuomo to reject a proposal to store natural gas liquids in the salt caverns along scenic Seneca Lake.

When the tar - like bitumen is extracted from Canada's oil sands region, it has to be diluted using natural gas liquids that include benzene (a known carcinogen) and other chemicals.

The difference is mostly natural gas liquids (ethane, propane, butane).

The volatile natural gas liquids vaporized and wafted into the surrounding neighborhoods.

Diluted bitumen, or dilbit, as it's called in the tar sands industry, is approximately three parts tar sands crude, one part natural gas liquids.

«Production of both crude oil and natural gas liquids last month remained at the highest levels in decades even as rig counts reached a five - year low,» John Felmy, chief economist at the API in Washington, said in an e-mailed statement.

An estimated average of 20 billion barrels of oil and 1.6 billion barrels of natural gas liquids are available for the taking in the Wolfcamp shale, which is in the Midland Basin portion of Texas» Permian Basin.

In a circular to customers Intercontinental Exchange (ICE) said that on 19 February it will move trading on 245 futures and options contracts on North American oil and Natural Gas Liquids from London based ICE Futures Europe to ICE Futures US.

May 1 - Energy Transfer Partners LP said on Monday it filed with Pennsylvania utility regulators on Friday to restart its Sunoco Mariner East 1 natural gas liquids pipeline and hopes the line will return to service this week.

It's also producing natural gas liquids, which means it makes more money than it would if it just mined methane.

Representation of a North American natural gas pipeline, storage and power company in connection with its acquisition, commercial contracts, and subsequent sale of a U.S. midstream company and natural gas liquids marketing assets, including five gas processing plants, two liquids pipelines and a salt dome storage facility.

Tar sands crude oil pipeline comanies may be putting the American public's safety at risk by using conventional pipeline technology to transport a highly corrosive, acidic and potentially unstable blend of thick raw bitumen and volatile natural gas liquid condensate called DilBit.

Technology leads to growth in natural gas liquids, tight oil, deep water, oil sands, and biofuels, but continued investment is needed to mitigate declines in production and meet increasing demand.

According to the company's 2014 annual report, much of the turnaround was due to sales of natural gas, natural gas liquids (NGLs) and oil.

Encana reported first - quarter production of 324,400 barrels of oil equivalent per day, with 145,200 barrels per day of more valuable oil and natural gas liquids and the rest dry natural gas.

«During the fourth quarter, oil and natural gas liquids (NGL) sales accounted for 50 % of WPX's product revenues and 28 % of production volumes.»

A 2008 U.S. geological survey pegged oil reserves north of the Arctic Circle at 90 billion barrels — or 13 % of the projected undiscovered oil in the world — and 44 billion barrels of natural gas liquids.

Mboe is converted using the ratio of one barrel of oil, condensate or natural gas liquids to six thousand cubic feet of natural gas.

PDC's operations include production, development, exploration and marketing of crude oil, natural gas and natural gas liquids («NGLs»).

The oil and natural gas exploration and production company said that production totaled 10.5 million barrels of oil equivalent, about five - sixths of which came from petroleum and natural gas liquids.

More importantly, higher - margin liquids production, which includes oil, natural gas liquids, and condensate, jumped 14 % to 124,900 barrels per day.

It engages in processing, transportation and storage of natural gas liquids (NGL) in United States.

The Pennsylvania Public Utility Commission (PUC) said on Thursday that all five commissioners voted to allow Energy Transfer Partners LP to restart its Sunoco Mariner East 1 natural gas liquids pipeline.

Encana Corporation, incorporated on January 1, 2006, is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays.

The company's production mix was 65 % natural gas (which had an average price of more than $ 6 per 1,000 cubic feet, down from $ 7 the prior year) and 35 % oil and natural gas liquids.

It currently offers futures and options contracts on coal, crude oil, refined products, electricity, emissions, liquified natural gas, natural gas, natural gas liquids and petrochemicals offered on its ICE Futures US, ICE Futures Europe, ICE Futures Singapore, ICE OTC platform, ICE Endex and Trayport markets.