Enterprise Products Partners restarts Pascagoula gas plant

Enterprise Products Partners LP (EPP) has restarted its 1.5-bcfd Pascagoula natural gas processing plant in Moss Point, Miss., following a nearly 6-month shutdown to repair damage resulting from a late-June fire. Source: News


MARKET WATCH: US interest rate hike pushes down oil prices

Crude oil prices on markets in New York and London fell by almost $2 on Dec. 14 and the decline continued into Dec. 15 in a reaction to the US Federal Reserve’s decision to lift interest rates and a resulting stronger US dollar. Source: News


Gulfport strikes $1.85-billion deal to enter Oklahoma SCOOP

Gulfport Energy Corp., Oklahoma City, has agreed to acquire 46,400 net surface acres in the core of the South Central Oklahoma Oil Province (SCOOP) from Vitruvian II Woodford LLC, a portfolio company of Houston private equity firm Quantum Energy Partners, for $1.85 billion. Source: News


PHMSA issues interim final rule to address gas storage issues

The US Pipeline and Hazardous Materials Safety Administration issued an interim final rule (IFR) that aims to address issues related to underground natural gas storage facilities downhole facilities, including well integrity, wellbore tubing, and casing. Source: News